Razorfin Ltd外匯交易平臺怎麽樣，正規靠譜嗎？

Aspect	Information
Registered Country/Area	Japan
Founded Year	Within 1 year
Company Name	Razorfin Ltd
Regulation	Currently unauthorized, lacks valid regulation
Minimum Deposit	5,000 yen
Maximum Leverage	Up to 25x (except for RUB/JPY and TRY/JPY pairs, which have 10x)
Spreads	Starting from 0.2 pips for certain currency pairs, up to 2.9 pips for others
Trading Platforms	Forex Trader, Forex Trader App Version, Web Trader
Tradable Assets	31 currency pairs, crypto assets (e.g., Bitcoin, Ethereum)
Account Types	Individual and Corporate
Demo Account	Not mentioned
Islamic Account	Not mentioned
Customer Support	Specific details not available on the main website
Payment Methods	Direct Deposit and Transfer Deposit
Educational Tools	Swap calendar, “dealer's eye” feature, forex reports, real-time forex charts, corporate account leverage insights, real-time cryptocurrency rates, “Customer Swap Total Received” feature, margin simulation tools, access to American economic indicators
Trading Hours	US Standard Time: Mon 7:10 am - Sat 6:50 am, US Summer Time: Mon 7:10 am - Sat 5:50 am

Overview of Razorfin Ltd

　　Razorfin Ltd is a Japanese-based trading company operating without valid regulation, according to the National Futures Association (NFA). The NFA has flagged the broker's abnormal regulatory status and its operation beyond the scope of its Non-Forex License (license number: 0557138). As such, traders are cautioned to exercise vigilance and consider associated risks before dealing with this entity.

　　The company offers trading opportunities in 31 currency pairs, including major currencies like USD/JPY, EUR/JPY, and GBP/JPY, as well as popular cryptocurrencies such as Bitcoin and Ethereum. Two types of accounts are available: Individual and Corporate, tailored for individual traders and corporate entities, respectively. The leverage offered is up to 25x for most pairs, with a few exceptions.

　　Razorfin Ltd's trading platforms include Forex Trader, Forex Trader App Version, and Web Trader, catering to various operating systems. It also provides educational tools like swap calendars, forex reports, real-time charts, and access to American economic indicators to aid traders in their strategies. However, customer support details are not available on their main website.

Pros and Cons

　　Razorfin Ltd offers several notable advantages, such as a wide selection of 31 currency pairs for trading and access to crypto assets. Additionally, the platform provides spreads starting from 0.2 pips and does not charge transaction fees or account maintenance charges. However, it is essential to be aware that the company lacks valid regulation and operates without authorization. Furthermore, it exceeds the business scope regulated by the NFA with a Non-Forex License and lacks trading software. Traders should also consider the high leverage of up to 25x for individual traders and the relatively high minimum deposit of 5,000 yen. While the company provides various trading platforms and offers educational tools to support traders, there is limited information on specific features and benefits of each account type. Moreover, details about customer support and withdrawal processing times are not readily available.

Pros	Cons
Offers trading in 31 currency pairs	Unauthorized and lacks valid regulation
Provides access to crypto assets	Exceeds the business scope regulated by the NFA with a Non-Forex License
Spreads start from 0.2 pips	Lacks trading software
No transaction fees or account charges	Leverage of up to 25x for individual traders
Minimum deposit of 5,000 yen	Lack of information on specific features and benefits of each account type
Various trading platforms available	Swap rates for certain currency pairs, e.g., Turkish lira/yen, Mexican Peso/Yen, South African rand/yen
Educational tools to support traders	Customer support details are not available
Specific trading hours based on US time	Lack of specific details about withdrawal processing times

Is Razorfin Ltd Legit？

　　Razorfin Ltd is currently unauthorized and lacks valid regulation. The National Futures Association (NFA) has stated that the broker's regulatory status is abnormal and officially unauthorized. Additionally, Razorfin Ltd exceeds the business scope regulated by the NFA (license number: 0557138) with a Non-Forex License. Furthermore, the broker lacks trading software according to the provided information. Traders are advised to exercise caution and be aware of the associated risks when dealing with this entity.

Market Instruments

　　TRADING CURRENCY:

　　Razorfin Ltd offers trading in 31 currency pairs. These pairs include major currencies like USD/JPY (US Dollar/Yen), EUR/JPY (Euro/Yen), GBP/JPY (Pound/Yen), AUD/USD (Australian Dollar/US Dollar), NZD/USD (New Zealand Dollar/US Dollar), and CHF/JPY (Swiss Franc/Yen). Additionally, they provide cross pairs like EUR/USD (Euro/US Dollar), GBP/AUD (Pound/Australian Dollar), and EUR/AUD (Euro/Australian Dollar). Other combinations involve emerging market currencies such as TRY/JPY (Turkish Lira/Yen), CNH/JPY (Chinese Yuan/Yen), and MXN/JPY (Mexican Peso/Yen). Customers can explore various trading opportunities within these currency pairs.

　　CRYPTO ASSETS

　　Razorfin Ltd also offers crypto assets (virtual currencies) for trading. Cryptocurrencies have gained popularity, and Razorfin provides access to well-known virtual currencies like Bitcoin and Ethereum. Bitcoin, the first cryptocurrency, revolutionized the digital currency landscape. Ethereum, on the other hand, is known for its smart contract capabilities and diverse use cases. Additionally, customers can explore other crypto assets like Ripple and Litecoin, each with its unique features and applications in the decentralized digital economy. Bitcoin Cash is another crypto asset offered by Razorfin Ltd. It emerged as a result of a hard fork from the original Bitcoin blockchain.

Pros	Cons
Offers a diverse range of 31 currency pairs for trading	The overall market instrument system lacks valid regulation and authorization
Provides access to popular and well-known crypto assets	Limited information on specific features and benefits of each crypto asset
	Limited types of market instruments

Account Types

　　Razorfin Ltd offers two types of account options: Individual and Corporate. The Individual account is designed for individual traders, while the Corporate account is tailored for corporate entities.

How to Open an Account？

　　To open an account with Razorfin Ltd, follow these steps:

1. 　　Click on the “Account Opening” link.

   

2. 　　Provide your username, email, and verification code.

3. 　　Enter your ID number and mobile phone number.

4. 　　Create a password and confirm it.

5. 　　Select a photo of the front side of your ID card (file size must be under 10MB).

6. 　　Choose an image of the back side of your ID card (file size must be under 10MB).

7. 　　Click on “Open Account” to complete the process.

Leverage

　　Razorfin Ltd offers a leverage of up to 25x for individual traders, except for RUB/JPY and TRY/JPY pairs, which have a maximum leverage of 10x.

Spreads

　　Razorfin Ltd offers spreads starting from 0.2 pips for certain currency pairs like USDJPY and ranging up to 2.9 pips for pairs like AUDNZD and EURPLN, as of the provided data. Traders should take these specific spreads into consideration when evaluating trading opportunities on the platform.

Fees

　　Razorfin Ltd does not charge any transaction fees or account maintenance fees. Both services are provided to customers without any additional charges.

Swap

　　As of January 5, 2023, the swap rate for Turkish lira/yen is 180, Mexican Peso/Yen is 181, and South African rand/yen is 141 per 10 lots (100,000 currency).

Minimum Deposit

　　Razorfin Ltd requires a minimum deposit of 5,000 yen.

Deposit & Withdrawal

　　Razorfin Ltd offers two methods for depositing funds: Direct Deposit and Transfer Deposit. Direct Deposit requires a minimum of 5,000 yen and is free for customers. Transfer Deposit involves reflecting the deposit and transferring the funds to the FX account. Withdrawals are free and can be requested from My Page for amounts of 2,000 yen or more. Withdrawals are processed within 3 business days, with same-day processing for requests received before 11:00 am on business days, excluding weekends and holidays.

Feature	Pros	Cons
Minimum deposit	5,000 yen	-
Free deposits	Yes	-
Free withdrawals	Yes	Minimum withdrawal amount of 2,000 yen
Processing time	Withdrawals processed within 3 business days	Same-day processing for requests received before 11:00 am on business days

Trading Platforms

　　Forex Trader: Razorfin Ltd offers a Forex Trader platform for traders. The platform is compatible with various operating systems, including Windows 10, Mac OS X 10.10 or later, iOS (latest version), and Android 8.0 or later. Traders can access the Forex Trader platform on a display capable of showing 1280 × 1024 or higher resolution. Recommended browsers for this platform are Google Chrome (latest version), FireFox (latest version), and Microsoft Edge (latest version). Users may need Adobe Acrobat Reader DC (latest version) for certain functionalities.

　　Forex Trader App Version: Razorfin Ltd provides a Forex Trader App Version for mobile traders. This app is available for iOS (latest version) and Android 8.0 or later. It allows traders to access the platform on their smartphones or tablets.

　　Web Trader: The Web Trader platform by Razorfin Ltd offers web-based trading accessibility. Traders can access the platform using various operating systems, including Windows 10, Mac OS X 10.10 or later, iOS (latest version), and Android 8.0 or later. The recommended browsers for the Web Trader platform are Google Chrome (latest version), FireFox (latest version), and Microsoft Edge (latest version). This platform does not require any additional software installations.

Pros	Cons
Wide range of platforms, including desktop, mobile, and web-based	Some platforms may be complex or difficult to use
Compatible with a wide range of devices and operating systems	-
Offers a variety of features, including charting, analysis tools, and order execution	-

Educational Tools

　　Razorfin Ltd offers a range of educational tools to assist traders. These include a swap calendar, providing information on swap rates. The “dealer's eye” feature allows users to access real-time exchange rates. Traders can access forex reports and real-time forex charts to stay updated with market trends. The platform also offers insights into corporate account leverage. Additionally, real-time cryptocurrency rates are available for those interested in digital assets. The “Customer Swap Total Received” feature allows customers to monitor swap earnings. Margin simulation tools aid in risk management, and access to American economic indicators provides valuable data for informed decision-making. These educational tools support traders in enhancing their understanding and trading strategies.

Trading Hours

　　Razorfin Ltd operates during specific trading hours based on US Standard Time and US Summer Time. During US Standard Time, trading is available from Monday 7:10 am to Saturday 6:50 am. In the US Summer Time period, the trading hours are from Monday 7:10 am to Saturday 5:50 am. It is essential for traders to be aware of these time frames when planning their trading activities with Razorfin Ltd.

Customer Support

　　The specific details regarding the Customer Support of Razorfin Ltd cannot be found on their main website.

Conclusion

　　In conclusion, Razorfin Ltd is an unauthorized broker lacking valid regulation, as stated by the National Futures Association (NFA). The broker offers trading in 31 currency pairs and various crypto assets, catering to individual and corporate traders. It provides multiple trading platforms, including Forex Trader and Web Trader, accessible on different devices. While the broker does not charge transaction fees or account maintenance fees, it requires a minimum deposit of 5,000 yen. Traders should be cautious about the associated risks due to the lack of regulation and unauthorized status of Razorfin Ltd. Additionally, customer support details are not readily available on their main website.

FAQs

　　Q: Is Razorfin Ltd a legitimate broker？

　　A: Razorfin Ltd lacks valid regulation and is currently unauthorized. Traders should exercise caution and be aware of associated risks.

　　Q: What market instruments does Razorfin Ltd offer？

　　A: Razorfin Ltd offers trading in 31 currency pairs, including major currencies and cross pairs, as well as crypto assets like Bitcoin and Ethereum.

　　Q: What types of accounts does Razorfin Ltd provide？

　　A: Razorfin Ltd offers Individual and Corporate account options.

　　Q: What is the leverage offered by Razorfin Ltd？

　　A: Razorfin Ltd offers leverage up to 25x for most currency pairs, except for RUB/JPY and TRY/JPY pairs, which have a maximum leverage of 10x.

　　Q: What are the spreads offered by Razorfin Ltd？

　　A: Spreads start from 0.2 pips for certain currency pairs and can go up to 2.9 pips for others.

　　Q: Are there any fees charged by Razorfin Ltd？

　　A: Razorfin Ltd does not charge transaction or account maintenance fees.

　　Q: What is the minimum deposit requirement？

　　A: Razorfin Ltd requires a minimum deposit of 5,000 yen.

　　Q: How can I deposit and withdraw funds？

　　A: Razorfin Ltd offers two methods for depositing funds: Direct Deposit and Transfer Deposit. Withdrawals can be requested from My Page for amounts of 2,000 yen or more.

　　Q: What trading platforms does Razorfin Ltd provide？

　　A: Razorfin Ltd offers Forex Trader and Web Trader platforms for desktop users, as well as a Forex Trader App Version for mobile traders.

　　Q: What educational tools are available？

　　A: Razorfin Ltd provides educational tools like swap calendar, real-time exchange rates, forex reports, forex charts, corporate account leverage insights, real-time cryptocurrency rates, swap earnings monitoring, margin simulation tools, and access to American economic indicators.

　　Q: What are the trading hours of Razorfin Ltd？

　　A: Razorfin Ltd operates during specific trading hours based on US Standard Time and US Summer Time.

　　Q: How can I contact customer support？

　　A: The specific details regarding Razorfin Ltd's customer support are not available on their main website.