Lời nói đầu:Raze Markets, registered in Saint Lucia, presents itself as an online forex and CFD broker, offering trading on a wide range of assets like currencies, metals, energy, and cryptocurrencies. They advertise features like high leverage, swap-free trading, and a popular trading platform (MetaTrader 5). They also boast a variety of account types with different minimum deposits to cater to various trader needs.
Raze Markets Review Summary | |
Registered Country/Region | Saint Lucia |
Regulation | No Regulation |
Market Instruments | Forex, Metals, Energy, Indices, and Cryptos |
Demo Account | Available |
Leverage | Up to 1:500 (STP Account) |
Spread | From 1.5 pips (STP Account) |
Trading Platform | MetaTrader 5 |
Minimum Deposit | $10 |
Regional Restrictions | Not available to residents of certain jurisdictions such as the United States, Singapore, China, North Korea and to jurisdictions on the FATF, OFAC and EU/UN sanctions lists |
Customer Support | Phone: +44 (0) 7123 456 789 |
Email: support@razemarkets.com, partnership@razemarkets.com, press@razemarkets.com, institutional@razemarkets.com | |
Contact Form | |
Instagram, Linkedin |
Raze Markets, registered in Saint Lucia, presents itself as an online forex and CFD broker, offering trading on a wide range of assets like currencies, metals, energy, and cryptocurrencies. They advertise features like high leverage, swap-free trading, and a popular trading platform (MetaTrader 5). They also boast a variety of account types with different minimum deposits to cater to various trader needs.
However, a major red flag emerges when considering regulation. Raze Markets operates under no valid regulatory oversight from a reputable financial authority. Additionally, it's not available to residents of certain jurisdictions such as the United States, Singapore, and China.
Pros | Cons |
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Accessible Trading: Raze Markets offers a low minimum deposit of $10, making it accessible to traders with varying capital levels.
Diverse Instruments: Traders can access a wide range of financial instruments including Forex, Metals, Energy, Indices, and Cryptocurrencies.
Demo Account: The availability of a demo account allows users to practice trading strategies and familiarize themselves with the platform risk-free.
Multiple Customer Support Channels: Customer support is accessible via phone, email, and social media platforms, ensuring assistance is readily available.
Lack of Regulation: The biggest drawback is the lack of regulation by a reputable financial authority. This means your funds are not protected, and there's no oversight of the broker's activities.
Restricted Access: The platform is not available to residents of certain jurisdictions, including the United States, Singapore, China, and North Korea, limiting its accessibility.
Raze Markets is a high-risk option due to the lack of regulation by a reputable financial authority. While they can't be definitively called a scam, it's best to avoid them. Without regulatory oversight, your funds are not protected, and there's no guarantee of fair play. Additionally, the platform's restriction in certain jurisdictions also contributes to doubts about its legitimacy.
Raze Markets provides access to a diverse array of market instruments, aiming to meet the trading needs of both retail and institutional investors and enable them to build diversified portfolios and pursue their investment objectives.
Forex: This is the largest and most liquid market globally, allowing you to trade currencies in pairs like EUR/USD (Euro vs US Dollar).
Metals: Precious metals like Gold, Silver, and Platinum are popular choices for trading, offering the potential for both investment and risk-hedging.
Energy: Trade energy products like Crude Oil and Natural Gas, which can be influenced by global events and economic factors.
Indices: Gain exposure to major stock exchanges worldwide through indices like the S&P 500 or FTSE 100, representing a basket of underlying stocks.
Cryptocurrencies: This relatively new asset class offers high volatility and potential for significant gains, but also carries substantial risk. Raze Markets allows trading in popular cryptocurrencies like Bitcoin and Ethereum.
Raze Markets caters to different trading styles with three main account types: STP, RAW ECN, and Institutional.
STP (Straight-through Processing) Account: This account targets cost-conscious traders. It boasts a low $10 minimum deposit, perfect for beginners dipping their toes in. Additionally, it offers swap-free trading (no overnight holding charges).
RAW ECN (Electronic Communication Network) Account: For traders looking for direct market access to true liquidity, Raze Markets offers the Raw ECN account. With a minimum deposit requirement of $500, this account provides access to the market's real prices without any markup on trading spreads. Similar to the STP account, swap-free trading is also available for those interested.
Institutional Account: This account caters to experienced traders and fund managers with a hefty $100,000 minimum deposit. It provides custom solutions and features tailored for professional trading needs.
Raze Markets offers varying levels of leverage across its different account types, allowing traders to amplify their trading positions and potentially increase their returns.
For the STP and Raw ECN accounts, traders can access leverage of up to 1:500, providing substantial buying power compared to the initial investment. This higher leverage allows traders to take advantage of even small market movements, potentially magnifying profits.
The Institutional account, which is tailored for professional traders and institutional clients, offers leverage of up to 1:100. While this leverage is lower compared to the other account types, it still provides substantial buying power for traders operating with larger capital bases.
At Raze Markets, spreads and commissions vary depending on the chosen account type, reflecting different trading conditions and preferences.
For the STP account, traders benefit from competitive spreads starting from 1.5 pips. Importantly, this account type does not incur any commission per lot per side, allowing traders to focus solely on spreads when calculating trading costs.
Conversely, the Raw ECN account offers traders direct market access to true liquidity with spreads starting from 0.0 pips. However, the Raw ECN account does incur a commission of $4 USD per lot per side. While traders may pay slightly higher commissions, they benefit from tighter spreads and potentially lower overall trading costs, particularly for high-volume traders.
Similar to the RAW ECN account, the Institutional account offers tight spreads (from 0 pips), but requires a commission fee of $2 per lot.
Raze Markets utilizes MetaTrader 5 (MT5) as its primary trading platform, offering traders a superior and industry-leading trading experience. MT5 provides enhanced speed, efficiency, and a comprehensive set of features compared to its predecessor, MT4. Traders can access a wide range of financial markets, armed with powerful analytical tools, on desktop, web, or mobile devices.
Raze Markets offers a flexible and convenient approach to deposits and withdrawals, allowing traders to fund their accounts and withdraw funds using a variety of payment methods. Withdrawals are processed promptly within 24 hours on business days, ensuring efficient access to funds. However, fund arrival times may vary depending on the chosen withdrawal method.
You can deposit funds into your Raze Markets accounts using popular payment methods such as VISA, Mastercard, and bank wire transfers. Additionally, the platform supports deposits and withdrawals in cryptocurrencies, including Bitcoin, USDT (Tether), and USDC (USD Coin). This diverse range of payment options provides traders with flexibility and convenience, enabling you to choose the method that best suits your preferences and needs.
Raze Markets provides comprehensive customer support through various channels to ensure traders receive timely assistance and guidance. Traders can reach the support team via phone at +44 (0) 7123 456 789 or through email at support@razemarkets.com for general inquiries, partnership@razemarkets.com for partnership-related matters, press@razemarkets.com for press inquiries, and institutional@razemarkets.com for institutional clients.
Additionally, traders can utilize the contact form available on the Raze Markets website to submit specific queries or requests directly to the support team. For those who prefer social media platforms, Raze Markets can also be contacted through Instagram and LinkedIn, providing additional channels for communication and support.
Raze Markets entices traders with a low minimum deposit, a variety of trading instruments, and the popular MetaTrader 5 platform. However, there's a critical reason to hold off – the lack of regulation by a reputable financial authority. Without regulatory oversight, your money is at risk. There's no guarantee Raze Markets will handle your trades fairly or that you'll get your funds back if something goes wrong.
Instead, it is recommended to consider a well-regulated broker giving you a much better foundation for your trading experience.
Q: Is Raze Markets regulated?
A: No, Raze Markets operates without any regulation from any reputable financial authority.
Q: What trading instruments are available on Raze Markets?
A: Raze Markets offers trading opportunities across Forex, Metals, Energy, Indices, and Cryptocurrencies.
Q: What are the minimum deposit requirements for opening an account with Raze Markets?
A: The minimum deposit is $10 to open an account with Raze Markets.
Q: Does Raze Markets offer a demo account?
A: Yes.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
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