RAVA Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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They manipulate the market. Please someone help me. I am a professional trader and thanks to my knowledge so I can see that they are cheating me. Please offer a solution to my problem and the absolute return of my capital is $1020.
Rava, an Argentinian forex broker, has garnered mixed reviews from users and experts alike. While it boasts over 70 years of experience in the financial markets, its lack of proper regulation raises concerns. This review delves into the broker's offerings, user experiences, and expert opinions, providing a comprehensive overview for potential traders.
Note: It is crucial to acknowledge that Rava operates in various regions, and the degree of regulation may vary. This review aims for fairness and accuracy by presenting a balanced perspective based on multiple sources.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 4.0 |
| Tools and Resources | 5.0 |
| Customer Service and Support | 5.0 |
| Trading Experience | 4.5 |
| Trustworthiness | 2.0 |
| User Experience | 4.0 |
| Additional Rating | N/A |
We rate brokers based on user feedback, expert opinions, and regulatory status.
Founded in 1955, Rava has established itself as a trading platform catering primarily to the Argentinian market. The broker offers a range of financial instruments, including forex, commodities, and indices. However, it does not support popular trading platforms like MetaTrader 4 or MetaTrader 5, which limits its appeal to many traders. Notably, Rava operates without a valid regulatory license, which is a significant red flag for potential clients.
Rava operates primarily in Argentina and lacks proper regulation, which poses a considerable risk to traders. As noted by various sources, including PediaFX, the broker is categorized as unregulated, leading to concerns about trustworthiness and client protection. Potential traders should exercise caution and consider the implications of trading with an unregulated broker.
Rava supports deposits and withdrawals in various currencies, primarily focusing on Argentine pesos. However, the lack of clarity regarding cryptocurrencies may deter some traders looking for modern trading options.
The minimum deposit requirement for opening an account with Rava is not explicitly stated in the sources reviewed. However, given the broker's positioning in the market, it is advisable for potential clients to inquire directly with Rava for specific details.
Rava does not appear to offer substantial bonuses or promotional incentives, which can often attract new traders. This lack of promotional offerings may be a disadvantage compared to other brokers that provide bonuses to enhance trading capital.
Rava provides access to a variety of asset classes, including forex, contracts for difference (CFDs), commodities, and indices. However, the absence of more diverse trading instruments, such as cryptocurrencies or stocks, may limit its appeal to a broader audience.
According to the information gathered, Rava's overall rating for costs stands at 4.7 out of 10. The broker's spreads are average, but the lack of transparency regarding commissions and additional fees raises concerns among potential traders.
Leverage options at Rava are not explicitly detailed in the sources. However, traders should be aware of the risks associated with high leverage, especially when trading in volatile markets like forex.
Rava does not support widely-used trading platforms such as MetaTrader 4 or MetaTrader 5, which can be a significant drawback for traders accustomed to these platforms' functionalities. Instead, Rava offers its proprietary trading interface, which may not meet the expectations of many experienced traders.
Rava primarily serves clients in Argentina, and there are indications that it may not be available to traders in other regions. Prospective clients should verify the availability of services in their respective countries.
Customer support at Rava is primarily conducted in Spanish, reflecting its focus on the Argentinian market. This limitation may pose challenges for non-Spanish speaking traders looking for assistance.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 4.0 |
| Tools and Resources | 5.0 |
| Customer Service and Support | 5.0 |
| Trading Experience | 4.5 |
| Trustworthiness | 2.0 |
| User Experience | 4.0 |
| Additional Rating | N/A |
Rava's account conditions receive a low rating due to its unregulated status and lack of transparency. Potential traders should be cautious when considering opening an account with this broker.
While Rava offers some basic trading tools, the absence of popular platforms like MT4 or MT5 limits its resources for traders. This rating reflects the need for more advanced tools to enhance the trading experience.
Customer service is rated average, with support primarily available in Spanish. Traders may face challenges if they require assistance in other languages.
The trading experience at Rava is hindered by its proprietary platform, which may not meet the expectations of traders familiar with industry-standard platforms. This limitation contributes to a lower rating in this category.
Rava's lack of regulation significantly impacts its trustworthiness rating. Potential clients should carefully consider the risks associated with trading with an unregulated broker.
User experiences vary, with some users expressing concerns over the broker's transparency and regulatory status. This rating reflects the overall sentiment among users regarding their experiences with Rava.
In conclusion, Rava presents a mixed bag for potential traders. While it has a long history in the market, the lack of regulation and support for popular trading platforms raises significant concerns. Those considering Rava should conduct thorough research and weigh the risks before proceeding.
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