Company profile
Raw ForexReview SummaryFounded2015-11-11Registered Country/RegionPolandRegulationUnregulatedMarket InstrumentsCurrency pairs/Crude oil/Forex/Metals/CFDs/Indices/CryptoDemo Account✅LeverageUp to 1:500SpreadAs low as 0 pipTrading PlatformMT4(Mobile/Web/Windows/MacOS)Min Deposit$0Customer SupportEmail: Info@rawforex.comPhone: +96171805080Phone: +905387296031Raw 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 ConsPros Cons Leverage up to 1:500Unregulated24/7 customer supportUnspecific transfer time and fee informationMT4 availableUnclear swap feeSpread as low as 0 pipDemo account availableVarious tradable instrumentsIs 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 MicroClassicRawVIPMin Deposit$100$1000$5000$10000Leverage1:1001:1001:1001:100CommissionNoNoYesNoSpread2 Pips1.8 Pips0.4 Pips1.2 PipsIslamic AccountYesYesYesYesMin Trade Volume0.010.010.010.01Raw 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 PlatformSupported Available DeviceSuitable for MT4✔Mobile/Web/Windows/MacOSJunior tradersDeposit 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. ,
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