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Raze Markets group includes 2 related companies.
Raze Markets SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
Raze Markets LC - located in Saint Lucia, regulated by the Financial Services Regulatory Authority (FSRA).
Raze Markets group accepts clients from all over the world, excluding USA, Singapore, China, North Korea and most countries on the FATF/OFAC sanction lists.
Forex broker offers the following underlying assets for trading.
| 100+ Currency Pairs | Based on major and minor world currencies. |
| 80+ Crypto Pairs | Based on various top-rated coins and tokens. |
| 12 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 12 Metal CFDs | Based on Gold, Silver, Platinum, Palladium, Copper. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 120+ Stock CFDs | Based on shares of US, EU and Asian companies. |
Raze Markets is a forex broker with offices in South Africa, Dubai, the United Kingdom, Uzbekistan and Cyprus, and with an offshore entity registered in Saint Lucia. The broker offers a large number of instruments for trading with very high leverage.
One thing that adds some credibility to Raze Markets is the fact that it is officially overseen by government regulators in South Africa and Saint Lucia. This means that the broker has adhered to certain operational requirements, and traders can at least rest assured that they have somewhere to turn in the event of a dispute with the broker.
Similar to many other forex brokers that are registered and regulated in offshore jurisdictions, Raze Markets allows its clients to fund their accounts directly with crypto. The accepted cryptocurrencies are Bitcoin (BTC), Tether (USDT), Tron (TRX), Ethereum (ETH), Dogecoin (DOGE) and Litecoin (LTC), and all of these coins are accepted free of charge by the broker (normal network fees apply).
Other funding methods with Raze Markets include the payment cards Visa, MasterCard, Maestro, AmEx, JCB and Discover, as well as the e-wallets Sticpay and PerfectMoney.
Before making a deposit, new Raze clients need to choose which type of trading account to use. With this broker, the choice is between three account types:
– Standard STP account, with spreads from 0.8 pips and no commissions
– Raw ECN account, with spreads from 0 pips and $3.5 commission per side
– Cent account, with spreads from 1.3 pips and no commissions
The minimum deposit for all account types to start trading with Raze is $50.
In terms of trading platforms, Raze Markets has chosen to rely on the familiar MetaTrader 5 (MT5) platform. As usual, the platform is available in versions for Mac, Windows, web, and as mobile apps for Apple and Android devices. As a relatively new broker in the industry, this is probably a smart move by Raze, given that many traders are already familiar with MT5 and therefore easily can move over to this broker.
According to Raze Markets' website, support is available 24 hours a day via WhatsApp. At the time of writing, however, no information about how to contact the broker via WhatsApp or any other method could be found on the website, which is very unusual.
Another thing about Raze Markets that is worth adding is that several pages on the website did not work when we tried to open them, including the “Help Centre” page. There is also a lack of information about many things on the website, including things like supported platforms and available trading instruments. All in all, the website appears to still be a work in progress, which is disappointing given that this broker has already been operating in 2023.
In conclusion, we believe it should be stressed that although Raze Markets for international clients is regulated in Saint Lucia, the regulatory oversight there is not at the same level as what is seen in bigger countries. There are, in other words, certain risks involved with depositing money with a broker like Raze Markets. However, for those who have done proper research and feel that this broker is a good choice, there are certainly interesting opportunities to make money with high leverage across many asset classes.
