Raw Forex

Raw Forex Information

Raw Forex is a brokerthat provides institutional, high net worth, and retail customers with multi-asset and multi-market derivative dealing capability through Foreign Exchange and CFD products. The trading instruments include currency pairs, crude oil, forex, metals, indices, and crypto. The broker also provides four accounts with a maximum leverage of 1:500. The minimum spread is from 0 pip and the minimum deposit is $0. Raw Forex is still risky due to its unregulated status.

Pros and Cons

Is Raw Forex Legit?

Raw Forex is not regulated, making it less safe than regulated brokers.

What Can I Trade on Raw Forex?

Raw Forex offers a wide range of market instruments, including 62 currency pairs, crude oil, forex, metals, CFDs, indices, and crypto.

Account Type

Raw Forex has four real account types: micro, classic, raw, and VIP. Traders who want a low spread can choose a raw account, while those with a sufficient budget can open a VIP account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Muslim users are allowed to open Islamic accounts.

Raw Forex Fees

The spread is as low as 0 pip. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

Raw Forex cooperates with the authoritative MT4 trading platform, which is available on Mobile, Web, Windows, and MacOS. Junior traders prefer MT4 over MT5, as both provide various trading strategies and implement EA systems.

Deposit and Withdrawal

The minimum deposit is $0. Raw Forex accepts Neteller, MasterCard, Maestro, Wire transfer, Visa, and Skrill for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

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