Raze Markets Review - Is Raze Markets a scam?
| Broker | Raze Markets |
|---|---|
| Website URL | https://www.razemarkets.com/ |
| Founded | 2021 |
| Headquarters | 803 Al Serkal Building 2, Port Saeed, Dubai, UAE |
| Support Types | Phone, email, callback form |
| Languages | English |
| Trading Platform | MetaTrader 5, WebTrader |
| Minimum 1st Deposit | $100 |
| Bonus | Yes |
| Leverage | Up to 1:500 |
| Spread | Variable |
| Free Demo Account | Yes |
| Deposit Methods | Credit/debit card, UnionPay, cryptocurrencies, Bank wires |
| Withdrawal Methods | Credit/debit card, UnionPay, cryptocurrencies, Bank wires |
| Types of Assets | Stocks, indices, cryptocurrencies, forex, commodities |
| Mobile Trading | Yes |
| Tablet Trading | Yes |
| Overall Score | 91 |
Raze Markets Review – What Traders Need To Know
About The Broker
Raze Markets is an online trading brand designed to provide cutting-edge solutions for both retail and professional traders. The broker emphasizes extensive coverage of liquid assets, a variety of account types, and advanced trading software. With a strong focus on enabling traders to capitalize on short-term online trading, Raze Markets aims to meet diverse client needs through robust trading tools and support services.
Assets Coverage
Raze Markets offers a broad range of over 1,000 CFDs (Contracts for Difference), providing traders with a wide selection of markets, including Forex (FX), stocks, indices, commodities, and cryptocurrencies.
This extensive asset coverage ensures that traders have ample opportunities to diversify their portfolios and leverage different market conditions. Additionally, Raze Markets offers competitive leverage options of up to 1:500, allowing traders to maximize their trading potential based on their risk appetite and strategies.
Accounts
Raze Markets provides several account types to cater to different trading needs and experience levels. Each account type has its unique features. The Standard (STP) account requires a minimum deposit of $10 and offers leverage of 1:500, with spreads starting from 1.5 pips and no commissions. A swap-free option is also available.
Secondly, the Raw (ECN) account is designed for more experienced traders, with a minimum deposit of $500. This account offers leverage of 1:500, spreads from 0.0 pips, and a commission of $4 per lot, per side. It also includes a swap-free option.
For institutional traders, Raze Markets offers the Institutional account, which requires a minimum deposit of $100,000. This account provides leverage of 1:100, spreads from 0.0 pips, and a commission of $2 per lot, per side. Institutional accounts come with fully customizable solutions to meet the specific needs of large-scale traders.
Additionally, Raze Markets offers a demo trading account, allowing new traders to practice and refine their strategies in a risk-free environment before committing real funds.
Platform
Raze Markets utilizes MetaTrader 5 (MT5), known for its advanced capabilities and superior performance. MT5 offers a new level of confidence and an industry-leading trading experience, surpassing its predecessor MT4 in speed, efficiency, and features. The platform supports trading across a massive range of markets and offers powerful analytical tools, accessible on desktop, web, or mobile devices.
Key features include professional-grade tools, market-leading charting capabilities, lightning-fast trade executions, and access to exchange-traded equities in the largest global markets. The platform also includes support from an expert advisor team, powerful algorithmic trading features, and a web terminal, enabling trading from any device with an internet connection.
There is also a MAM (Multi Account Management) platform and a PAMM (Percentage Allocation Money Management) platform for more sophisticated traders.
Summary
Raze Markets presents a comprehensive trading solution for both novice and experienced traders. The broker’s extensive asset coverage, competitive account offerings, and the advanced MetaTrader 5 platform make it a strong contender in the online trading space.
This Raze Markets review highlights the broker’s commitment to providing high-quality trading services, robust tools, and flexible account options to meet the diverse needs of its clients. Whether you are a retail trader looking for low entry barriers or an institutional trader requiring custom solutions, Raze Markets seems to offer the necessary tools and support you need.