Rayz Liquidity Corp foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://crm.rayzliquiditycorp.com/#/signup, about the company's legal and temporary regulatory information, the company's address 20 W 34th St., New York, NY 10001, United States.
Rayz Liquidity Corp is an online trading platform that was established on February 9, 2023. The company is headquartered in multiple locations, including 20 W 34th St., New York, NY 10001, United States, 502 George St, Sydney, New South Wales, Australia, and 52-54 Lime St, London EC3M 7AF, UK. Rayz Liquidity Corp operates as a private entity, offering a range of trading services primarily focused on the forex market.
The broker caters to a diverse clientele, including retail traders and institutional investors, providing access to various financial instruments. Over the past years, Rayz Liquidity Corp has claimed to expand its services and enhance its trading offerings, although specific milestones in its development remain unclear due to a lack of transparency.
Rayz Liquidity Corp operates under a business model that includes retail forex trading and potentially institutional services, although detailed information about these services is not readily available. The company's primary focus appears to be on facilitating trading in forex, CFDs, and other financial products.
Rayz Liquidity Corp claims to be regulated by the British Virgin Islands Financial Services Commission (BVI FSC), with a registration number of 2117331. However, investigations reveal that there is no matching information found in the registers of the Financial Conduct Authority (FCA), National Futures Association (NFA), or the BVI FSC. Furthermore, the Australian ASIC representative number advertised as 001305472 corresponds to Rayz Liquidity Pty Ltd, which has ceased operations, highlighting a lack of effective regulation.
The broker does not provide adequate information regarding the segregation of client funds and does not appear to participate in any investor compensation schemes. Additionally, there is no clear indication of compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which raises significant concerns regarding the safety and security of client investments.
Given these factors, it is crucial for potential clients to be aware that Rayz Liquidity Corp operates without the necessary regulatory oversight, making it a risky choice for trading.
Rayz Liquidity Corp offers a wide array of trading products, primarily focusing on forex trading. The broker provides access to 182 forex spot pairs and 140 forwards, catering to various trading strategies and preferences. In addition to forex, clients can trade a diverse range of CFDs, including:
While the company claims to offer a comprehensive trading experience, details about the frequency of product updates and the introduction of new trading instruments remain vague. There is no clear indication of retail trading services tailored specifically for institutional clients, nor any mention of white-label solutions or asset management services.
Rayz Liquidity Corp primarily utilizes the MetaTrader 5 (MT5) trading platform, known for its advanced trading capabilities and user-friendly interface. The MT5 platform supports various features, including:
In addition to MT5, the broker may offer a proprietary trading platform, although specific details about this platform are not provided. The broker supports mobile trading applications for both iOS and Android devices, enabling traders to manage their accounts on the go.
The execution model employed by Rayz Liquidity Corp is unclear, with no specific information available regarding whether they operate on an ECN, STP, or Market Making basis. Furthermore, there is limited information about the server locations and technical infrastructure supporting the trading environment, which is essential for ensuring fast and reliable trade execution.
Rayz Liquidity Corp provides several types of trading accounts, each with distinct conditions:
Standard Account:
Minimum Deposit: $100
Spread: Starting from 1.6 pips
Commission: Zero commissions
Leverage: Up to 1:500
Minimum Trading Lots: 0.01
Classic Account:
Minimum Deposit: $250
Spread: Starting from 1.6 pips
Commission: Zero commissions
Leverage: Up to 1:500
Minimum Trading Lots: 0.01
Premium Account:
Minimum Deposit: $500
Spread: Ranges from 0.2 to 0.4 pips
Commission: May apply
Leverage: Up to 1:500
Minimum Trading Lots: 0.01
The broker also offers a swap-free Islamic account option for clients who require it. However, details regarding the availability of demo accounts and the overnight fee policy are not provided.
Rayz Liquidity Corp supports various deposit methods, including bank transfers, credit/debit cards, and e-wallets such as Skrill and Neteller. The minimum deposit requirements vary by account type, with the following thresholds:
Deposits are typically processed within 24 hours, although specific details regarding deposit fees remain unclear. Withdrawal methods include the same options as deposits, but clients have reported difficulties in accessing their funds, raising concerns about the withdrawal process and potential restrictions.
The timeframe for processing withdrawals is also stated to be within 24 hours, but users have shared experiences of delays and challenges in receiving their funds, which is a significant red flag for potential investors.
Rayz Liquidity Corp offers customer support through various channels, including telephone, email, and potentially online chat. However, the lack of a robust online presence or social media engagement raises concerns about the accessibility and responsiveness of their support team.
The broker claims to provide multilingual support, although specific languages supported are not detailed. Educational resources available to clients include webinars, tutorials, and e-books, aimed at enhancing traders' knowledge and skills. Additionally, market analysis services, including daily updates and research reports, may be offered to assist traders in making informed decisions.
Trading tools such as calculators and economic calendars are also mentioned, but comprehensive details on these resources remain limited.
Rayz Liquidity Corp primarily serves markets in regions such as Japan, India, Cambodia, China, and South Korea. The broker has established operational offices in major financial centers, including the United States, Australia, and the UK.
However, Rayz Liquidity Corp does not accept clients from several countries, including but not limited to the United States, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, and developed countries in Asia. This restriction is crucial for potential clients to consider when evaluating the broker's services.
In summary, while Rayz Liquidity Corp offers a range of trading products and services, potential clients should exercise caution due to the broker's unregulated status and the numerous complaints regarding withdrawal difficulties and customer service responsiveness. It is advisable to conduct thorough research and consider more established and regulated brokers for trading activities.
Manuel Rodríguez G
Spain
I heard this broker is not regulated, very sad. 😭😭😭I thought it is the most trusted platform two months ago, professional customer support, mt5 or mobile app without any glitches. Most importantly, no slippages. Feel so sad now!
37130
2024-06-25
FX1672587862
Belarus
Better than most. No one likes being whip-sawed out of a FTSE trade on a Monday morning though (post Italian referendum.) As a financial markets professional, obviously I intend to ramp up my activity as much as possible. But whilst I have been a customer off and on for almost 10 years I was taken aback by that.
37130
2024-05-08
Kenrry
Egypt
Rayz Liquidity Corp seems like a good option for traders who want to start small but still want the chance to make big moves. They might have a low minimum deposit that makes it easy to get started, and their high leverage could be a plus for those who know how to handle it.
37130
2024-07-10