RazerMarkets

RazerMarkets | 2024-11-29 13:37

Extracto：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.

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.