RAVA Forex Broker

RAVA Review Summary Founded2003 Registered Country/RegionArgentina RegulationUnregulated Market InstrumentsEquities, ETFs, public securities, ROFEX dollar futures, Bitcoin funds, and others Demo Account❌ Leverage/ Spread/ Trading Platform/ Min Deposit/ Customer SupportAddress: 25 de Mayo 277 5 24 (C1002ABE) Autonomous City of Buenos Aires, Argentina Phone: +54 11 7700-1888 / +54 11 4343-9421 Hours: 10 a.m. to 6 p.m.RAVA Information RAVA provides public securities, ETFs, and stocks among other investing choices. Although it has long-standing domain registration (since 2003), it might not offer the security of a regulated platform since it lacks legislative control.Pros and Cons Pros Cons Multiple trading instrumentsUnregulated No account opening or maintenance feesLimited account options, no Islamic or demo accounts Cost-effective non-trading feesIs RAVA Legit? RAVA neither holds licenses from internationally respected regulatory bodies like the FCA (UK) or ASIC (Australia) nor is controlled in Argentina, the registered country. Originally registered in 2003, the domain is under administrative control meant to stop illegal transfers or changes. Although long-standing registration of the domain points to operational stability, it does not guarantee regulatory compliance or legality.What Can I Trade on RAVA? RAVA offers local and worldwide equities, ETFs, public securities, futures, and bitcoin funds among other investing choices. Not stated as supported are standard Forex, commodities, and CFDs, though. Tradable Instruments Supported Forex❌ Commodities❌ Crypto✔ Stock✔ ETF✔ Public Securities✔ ROFEX Dollar Futures✔ Electronic Credit Invoice✔ US Treasury Bonds✔ Deferred Payment Checks✔Account Types RAVA presents three account options: Account Opening, Free Subscription, and Without Subscription. While the advanced “Account Opening” plan includes real-time quotes, platform access, and personal account executive support at a 0.80% per operation cost with no monthly charges, the basic plans grant access to market news, analysis tools, and delayed quotes. Neither Islamic nor Demo accounts are mentioned.RAVA Fees Though its trading and non-trading fees differ depending on product type, RAVA's rates are competitive with industry norms. Equity Operation TypeMinimum TariffMaximum Fee (with VAT and DM included) Cash$0 0.80% + VAT + DM 0.08% Deposit holder (30d)$0 0.60% + VAT + DM 0.045% (pro rata 90d) Placement deposit (30d)$0 0.45% + VAT + DM 0.045% (pro rata 90d) Options$0 1.20% + VAT + DM 0.20% Loans (30d)$0 0.60% + VAT + DM 0.05% (pro rata 30d) Dividends (cash and stock)$0 1.00% + VAT + CV h/1.00% Foreign MandatesUS$ 20 + VAT0.80% + VAT ADR ConversionUS$ 70 + VAT0.50% + VAT Fixed Income Operation TypeMinimum TariffMaximum Fee (with VAT and DM included) Cash$0 0.80% + DM 0.01% Deposit holder (30d)$0 0.60% + VAT + DM 0.045% (pro rata 90d) Placement deposit (30d)$0 0.45% + VAT + DM 0.045% (pro rata 90d) Options$0 1.20% + VAT + DM 0.06% Loans (30d)$0 0.60% + VAT + DM 0.05% (pro rata 90d) Rent$0 0.70% + CV 0.35% Amortization$0 0.70% Subscription Bonds$0 1.00% Tender$0 0.25% + VAT Futures Contracts (ROFEX) Operation TypeMinimum TariffMaximum Fee Opening/Closing$0 0.50% + VAT + ROFEX rightsNon-Trading Fees Non-Trading FeeCharge Account OpeningFree Account MaintenanceFree Title TransfersFree Peso and Dollar TransfersFree