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RazerMarkets -

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Score

1.48 /10

Danger

RazerMarkets

Item: RazerMarkets
Rating: 1.48

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.razermarkets.com/#

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Comparison

Quantity 1

Exposure

Time Machine

Website

Score

Regulatory Index0.00

Business Index6.76

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine

Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

open now

Broker Information

Company Name

RazerMarkets

Company Abbreviation

RazerMarkets

Platform registered country and region

Marshall Islands

Company website

https://www.razermarkets.com/#

Company summary

Pyramid scheme complaint

Expose

RazerMarkets · Company summary

Note: Razer Markets' official website: https://www.razermarkets.com/ is currently inaccessible normally.

Razer MarketsReview Summary
Founded	2020
Registered Country/Region	Marshall Islands
Regulation	No regulation
Market Instruments	Forex, commodities, stocks, indices, cryptocurrencies
Demo Account	❌
Leverage	Up to 1:500
Spread	Fixed at 1 pip
Trading Platform	Web
Min Deposit	€500
Customer Support	/
Region Restrictions	US

Razer Markets Information

Razer Markets is an unregulated broker, offering trading on forex, commodities, stocks, indices and cryptocurrencies with leverage up to 1:500 and fixed spread at 1 pip on the web-based trading platform. The minimum deposit requirement is €500.

Pros and Cons

Pros	Cons
Tight spreads	Limited trading products
	No demo accounts
	No MT4/MT5
	No contact channels
	High minimum deposit requirement

Is Razer Markets Legit?

No. It is registered in the Marshall Islands, which is filled with scammers and shady companies. It is blacklisted as a Scam by FCA, CONSOB, and CMVM. It does not offer guaranteed funds or segregated accounts.

What Can I Trade on Razer Markets?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Indices	✔
Cryptocurrencies	✔
ETFs	❌
Bonds	❌

Account Type

Here are four account types Razer Markets offers:

Account Type	Min Deposit
Basic	€500
Silver	€5000
Golden	€50000
Platinum	€250000

Leverage

Razer Markets offers flexible leverage options, varying by account type.

Account Type	Max Leverage
Basic	1:200
Silver	1:300
Golden	1:400
Platinum	1:500

Razer Markets Fees

Razer Markets Spreads

The spread is fixed at 1 pip.

Non-Trading Fees

The dormant fee is higher than ordinary brokers. A dormant account will be subject to 10% monthly deduction after 6 months of inactivity, which is an unfair clause.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced

Deposit and Withdrawal

Razer Markets accepts payments via credit cards and wire transfers. No minimum withdrawal amount defined and no fees or charges specified.

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Warning: Low score, please stay away!

Previous Detection : 2024-12-24

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Benchmark	--
Maximum Leverage	1:500
Minimum Deposit	€250000
Minimum spread	--
Products	--

Currency	--
Minimum position	--
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

Exposure

1 pieces of exposure in total

Pyramid scheme complaint

Expose

Scam

Scam scam Scam

Offered credit to carry out trades by Senior Account Managers . Fake Trades opened at low low prices and hence trades show huge profits . Credit has to be paid before a penny can be withdrawn. You can’t pay the credit and one loses all their hard earned money!!!!!

FX3115799929

2021-04-16 06:16

RazerMarkets · Company summary

Note: Razer Markets' official website: https://www.razermarkets.com/ is currently inaccessible normally.

Razer MarketsReview Summary
Founded	2020
Registered Country/Region	Marshall Islands
Regulation	No regulation
Market Instruments	Forex, commodities, stocks, indices, cryptocurrencies
Demo Account	❌
Leverage	Up to 1:500
Spread	Fixed at 1 pip
Trading Platform	Web
Min Deposit	€500
Customer Support	/
Region Restrictions	US

Razer Markets Information

Pros and Cons

Pros	Cons
Tight spreads	Limited trading products
	No demo accounts
	No MT4/MT5
	No contact channels
	High minimum deposit requirement

Is Razer Markets Legit?

What Can I Trade on Razer Markets?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Indices	✔
Cryptocurrencies	✔
ETFs	❌
Bonds	❌

Account Type

Here are four account types Razer Markets offers:

Account Type	Min Deposit
Basic	€500
Silver	€5000
Golden	€50000
Platinum	€250000

Leverage

Razer Markets offers flexible leverage options, varying by account type.

Account Type	Max Leverage
Basic	1:200
Silver	1:300
Golden	1:400
Platinum	1:500

Razer Markets Fees

Razer Markets Spreads

The spread is fixed at 1 pip.

Non-Trading Fees

The dormant fee is higher than ordinary brokers. A dormant account will be subject to 10% monthly deduction after 6 months of inactivity, which is an unfair clause.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced

Deposit and Withdrawal

Razer Markets accepts payments via credit cards and wire transfers. No minimum withdrawal amount defined and no fees or charges specified.

User Reviews

User comment

Comments

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FX1368684179

more than one year

The odious scam forex company RazerMarkets is selling their domains after scamming their victims out of their money and absconding with money! Hope it to be brought to justice soon!

Translate to English

2023-03-10 18:13