RAWFOREX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.rawforex.com/open-real-account, about the company's legal and temporary regulatory information, the company's address Fulya Sehit Niyazisok, 19A, Sisli, Istanbul, Turkey.
RAWFOREX Forex Broker
Basic information
Saint Vincent and the Grenadines
5-10 years Suspicious Regulatory License MT5 Full License Regional Brokers High potential riskCompany profile
Raw Forex Information
Raw Forex is a brokerthat provides institutional, high net worth, and retail customers with multi-asset and multi-market derivative dealing capability through Foreign Exchange and CFD products. The trading instruments include currency pairs, crude oil, forex, metals, indices, and crypto. The broker also provides four accounts with a maximum leverage of 1:500. The minimum spread is from 0 pip and the minimum deposit is $0. Raw Forex is still risky due to its unregulated status.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:500 | Unregulated |
| 24/7 customer support | Unspecific transfer time and fee information |
| MT4 available | Unclear swap fee |
| Spread as low as 0 pip | |
| Demo account available | |
| Various tradable instruments |
Is Raw Forex Legit?
Raw Forex is not regulated, making it less safe than regulated brokers.
What Can I Trade on Raw Forex?
Raw Forex offers a wide range of market instruments, including 62 currency pairs, crude oil, forex, metals, CFDs, indices, and crypto.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| CFDS | ✔ |
| Indices | ✔ |
| Crypto | ✔ |
| Currency pairs | ✔ |
| Crude Oil | ✔ |
| Shares | ❌ |
| Commodities | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Raw Forex has four real account types: micro, classic, raw, and VIP. Traders who want a low spread can choose a raw account, while those with a sufficient budget can open a VIP account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Muslim users are allowed to open Islamic accounts.
| Account Type | Micro | Classic | Raw | VIP |
| Min Deposit | $100 | $1000 | $5000 | $10000 |
| Leverage | 1:100 | 1:100 | 1:100 | 1:100 |
| Commission | No | No | Yes | No |
| Spread | 2 Pips | 1.8 Pips | 0.4 Pips | 1.2 Pips |
| Islamic Account | Yes | Yes | Yes | Yes |
| Min Trade Volume | 0.01 | 0.01 | 0.01 | 0.01 |
Raw Forex Fees
The spread is as low as 0 pip. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
Raw Forex cooperates with the authoritative MT4 trading platform, which is available on Mobile, Web, Windows, and MacOS. Junior traders prefer MT4 over MT5, as both provide various trading strategies and implement EA systems.
| Trading Platform | Supported | Available Device | Suitable for |
| MT4 | ✔ | Mobile/Web/Windows/MacOS | Junior traders |
Deposit and Withdrawal
The minimum deposit is $0. Raw Forex accepts Neteller, MasterCard, Maestro, Wire transfer, Visa, and Skrill for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
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Rating Index
CLASSIC
VIP
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Latest Reviews
Adrien Dubois
Venezuela
Dude, I totally get your hesitation about upgrading from a Micro account to Classic. It's a big jump. Those Micro account spreads are quite wide. But then again, the Classic account wants a cool $1000 minimum deposit, which ain't exactly pocket change. 🙃🙃🙃
Neutral
2024-06-28
FX1014474314
Chile
My board and my operations do not advance. All those that you see that I did have stayed with the USD and EUR pairs, and they had told me that by just Investing, I would make profits without doing anything, and in the end the $1,125 was lost
Exposure
2022-03-01
Johannes 75203
United Kingdom
Micro account requiring $100, unfriendly...Despite this, the platform's ease of use keeps me coming back.
Neutral
2024-07-19