General Information
Raze Markets Is Registered In Saint Lucia And Describes Itself As An Online Forex And CFD Broker That Offers Trading On Multiple Assets Such As Currencies, Metals, Energy And Cryptocurrencies. They Advertise Highly Leveraged, Interest-free Trading And A Popular Trading Platform (MetaTrader 5). They Also Have Multiple Account Types With Different Minimum Deposits To Suit The Needs Of Different Traders.
However, When Considering Regulation, A Major Red Flag Arises. Raze Markets Is Not Effectively Regulated From The Reliable Financial Institution Group. Furthermore, It Is Not Available To Residents Of Certain Jurisdictions Such As The United States, Singapore And China.
Pros And Cons
Pros:
Convenient Trading: Raze Markets Offers Minimum Deposits As Low As 10 Dollars, Making It Possible For Traders Of Different Funding Levels To Participate.
Diversified Tools: Traders Have Access To A Wide Range Of Financial Instruments Including Forex, Metals, Energy, Indices And Cryptocurrencies.
Demo Accounts: Demo Accounts Are Provided Where Users Can Practice Trading Strategies And Become Familiar With The Platform Without Risk.
Multiple Customer Support Channels: Customer Support Is Available Via Phone, Email And Social Media Platforms, Ensuring Timely Assistance.
Cons:
Lack Of Regulation: The Biggest Drawback Is The Lack Of Regulation From A Reliable Financial Institution Group. This Means That Your Funds Are Not Protected And There Is No Oversight Of The Broker's Activities.
Limited Access: The Platform Is Not Open To Residents Of Certain Jurisdictions Including The United States, Singapore, China And North Korea, Limiting Its Accessibility.
Is Raze Markets Legitimate Or A Scam?
Due To The Lack Of Regulation From A Trusted Financial Institution Group, Raze Markets Is A High-risk Option. While It Is Not Clear That They Are Scams, It Is Best To Avoid Them. Lack Of Regulatory Oversight, Your Funds Are Not Protected And There Is No Guarantee Of Arm's Length Transactions. In Addition, The Platform's Restrictions In Certain Jurisdictions Also Increase Doubts About Its Legitimacy.
Market Tools
Raze Markets Offers A Diverse Range Of Market Tools Designed To Meet The Trading Needs Of Retail And Institutional Investors, Helping Them Build A Diversified Portfolio And Pursue Their Investment Goals.
Forex: This Is The Largest And Most Liquid Market In The World, Allowing You To Trade Currency Pairs Such As EUR/USD (Euro To US Dollar).
Precious Metals: Precious Metals Such As Gold, Silver And Platinum Are Popular Choices For Trading, Offering The Potential For Investment And Risk Hedging.
Energy: Trading In Energy Products Such As Crude Oil And Natural Gas, Subject To Global Events And Economic Factors.
Indices: Gain Exposure To Major Global Equity Markets Through Indices Such As The S & P 500 Or FTSE 100, Representing A Basket Of Underlying Stocks.
Cryptocurrencies: This Relatively New Asset Class Has High Volatility And Potential For Great Gains, But Also Carries Considerable Risk. Raze Markets Allows Trading In Popular Cryptocurrencies Such As Bitcoin And Ethereum.
Account Types
Raze Markets Offers Three Main Account Types For Different Trading Styles: STP, RAW ECN, And Institutional Accounts.
STP (Straight-Through Processing) Account: This Account Is Geared Towards Cost-conscious Traders. The Minimum Deposit Is Only $10, Making It Ideal For Beginners. In Addition, It Offers Trading Without Interchange Fees (no Overnight Position Fees).
RAW ECN (Electronic Communication Network) Account: For Traders Seeking Direct Market Access And Real Liquidity, Raze Markets Offers An Original ECN Account. This Account Has A Minimum Deposit Requirement Of $500 And Can Be Traded At The Actual Price Of The Market Without Any Trading Spreads. Similar To The STP Account, For Interested Traders, Trading Without Interchange Fees Is Also Available.
Institutional Account: This Account Is Aimed At Experienced Traders And Fund Managers With A Minimum Deposit Amount Of $100,000. It Offers Tailored Solutions And Features Tailored For Professional Trading Needs.
Leverage
Raze Markets Offers Different Levels Of Leverage In Its Different Account Types, Allowing Traders To Amplify Their Trading Positions And Potentially Increase Their Returns.
For STP And Original ECN Accounts, Traders Can Obtain Leverage Of Up To 1:500, Providing Considerable Purchasing Power Compared To The Initial Investment. This Higher Leverage Allows Traders To Take Advantage Of Even Small Market Fluctuations, Potentially Amplifying Profits.
Institutional Accounts Are Targeted At Both Professional Traders And Institutional Clients And Offer Leverage Of Up To 1:100. While This Leverage Is Lower Compared To Other Account Types, It Still Provides Considerable Purchasing Power For Traders With Larger Capital.
Spreads And Commissions
At Raze Markets, Spreads And Commissions Vary Depending On The Account Type Chosen, Reflecting Different Trading Conditions And Preferences.
For STP Accounts, Traders Can Benefit From Highly Competitive Spreads With A Starting Spread Of 1.5 Pips. Importantly, This Account Type Does Not Generate Commissions Per Lot Per Side, Allowing Traders To Focus On Spreads When Calculating Trading Costs.
Instead, The Original ECN Account Provides Traders With Direct Access To Markets With Real Liquidity With A Starting Spread Of 0.0 Pips. However, The Original ECN Account Generates Commissions Of $4 Per Lot Per Side. Although Traders May Pay Slightly Higher Commissions, They Can Benefit From Tighter Spreads And Potentially Lower Overall Trading Costs, Especially For Traders With High Volume.
Similar To The Original ECN Account, The Institutional Account Offers Tight Spreads (starting At 0 Pips), But Requires A Commission Of $2 Per Lot.
Trading Platform
Raze Markets Uses MetaTrader 5 (MT5) As Its Primary Trading Platform, Providing Traders With An Exceptional And Industry-leading Trading Experience. Compared To Its Predecessor, MT4, MT5 Offers Faster Speed, Greater Efficiency And Comprehensive Functionality. Traders Can Access A Wide Range Of Financial Marekts Using Powerful Analytical Tools On Desktop, Web Or Mobile Devices.
Deposits And Withdrawals
Raze Markets Offers Flexible And Convenient Deposit And Withdrawal Methods, Allowing Traders To Deposit And Withdraw Funds Using Multiple Payment Methods. Withdrawals Are Processed Quickly Within 24 Hours During Working Days, Ensuring Efficient Access To Funds. However, The Time It Takes For Funds To Arrive May Vary Depending On The Withdrawal Method Chosen.
You Can Deposit Funds Into Your Raze Markets Account Using Popular Payment Methods Such As VISA, Mastercard And Bank Telegraphic Transfer. In Addition, The Platform Also Supports Deposits And Withdrawals Of Cryptocurrencies, Including Bitcoin, USDT (Ethereum T) And USDC (USD Coin). This Variety Of Payment Options Offers Traders Flexibility And Convenience, Allowing You To Choose The Method That Best Suits Your Preferences And Needs.
Customer Support
Phone: + 44 (0) 7123 456 789
Email: Support@razemarkets.com, Partnership@razemarkets.com, Press@razemarkets.com, Institutional@razemarkets.com
Contact Form
Regional Restrictions
Not Applicable To Residents Of Certain Jurisdictions Such As The United States, Singapore, China, North Korea, And Jurisdictions On The FATF, OFAC, And European Union/UN Sanctions List
