Score
RaiseFX
South Africa|2-5 years| https://raisefx.com
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
GermanyContact
Licenses
Licensed Institution：Raise Global SA (Pty) Ltd
License No.：50506
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
Basic Information
South Africa
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
raisefx.com
Server Location
France
Website Domain Name
raisefx.com
Server IP
185.100.5.106
Genealogy
VIP is not activated.Option Capital Trades
MetaGenesis
Company Summary
| RaiseFXReview Summary | |
| Founded | 2019-09-16 |
| Registered Country/Region | South Africa |
| Regulation | General Registration |
| Market Instruments | Forex, Commodities, Stocks, Cryptocurrencies, Indices |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | Ultra tight |
| Trading Platform | MT5(PC, MacOS & Linux, Mobile, Tablet) |
| Min Deposit | 200€ |
| Customer Support(24/7) | Email: support.sea@raisefx.com |
| Phone: +44 2045798075 | |
| LinkedIn, Instagram | |
RaiseFX Information
RaiseFX is a broker with 25 years of experience. RaiseFX specializes in various opportunities across 5 financial markets including forex, indices, crypto, stocks, and commodities. The broker also provides demo accounts, up to 500/1 max. Leverage, and 24/7 available support. Traders can also access MT5 to trade.
Pros and Cons
| Pros | Cons |
| Ultra tight spread | General Registration |
| Leverage up to 1:500 | Some negative voices |
| 24/7 customer support | |
| Demo and Islamic account available | |
| MT5 available |
Is RaiseFX Legit?
RaiseFX is operated by Raise Global SA (Pty) LTD, Company Number: 2018/616118/07. Raise Global SA (Pty) LTD is an authorized Financial Service Provider (FSP) registered and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 50506. However, RaiseFX is not regulated, and the 'General Registration' current status of FSCA is less safe than a regulated one.
What Can I Trade on RaiseFX?
RaiseFX offers 500 assets and 5+ classes of assets, including forex, indices, crypto, stocks, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
Account Type
RaiseFX provides traders with real accounts and demo accounts used to familiarize traders with the trading platform and for educational purposes only. Muslims are allowed to open Islamic accounts without swaps.
RaiseFX Fees
Spreads(EURUSD) approach 0, commissions are 0, and swaps are as low as 0. The lower the spread, the faster the liquidity.
| Symbol | Bid | Ask | Spread |
| EURUSD | 1.03254 | 1.03269 | 15 |
Leverage
RaiseFX offers 1:20-1:500 leverage, depending on the asset options, 500x leverage is available for Forex and Commodity trading.
| FOREX | Indices | Crypto | Commodities | CFD Shares |
| 1:500 | 1:200 | 1:20 | 1:20 to 1:500 | 1:10 |
Trading Platform
Traders can conduct financial activities in MT5 available on PC, MacOS & Linux, Mobile, and Tablet through RaiseFX. MT5 provides various trading strategies and implements EA systems. The platform is more suitable for experienced traders.
Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, MacOS & Linux, Mobile, Tablet | Experienced traders |
Deposit and Withdrawal
The first deposit amount must be 200€ or above. RaiseFX accepts Credit Cards (VISA and MasterCard), Wire Transfer, Cryptocurrencies(Bitcoin, Ethereum, Tether), Apple Pay, Google Pay (G Pay), OZOW and SwiffyEft for deposits. The deposit and withdrawal processing time is within 3 days. Except for WIRE transfer, most other deposit methods are processed instantly.
| Method | Processing time | Currencies |
| Credit Cards (VISA and MasterCard) | Instant | EUR, USD, AUD, GBP, JPY, SGD, NZD, CAD |
| Wire Transfer | 2-3 business days | EUR, USD, AUD, GBP, JPY, SGD, NZD, CAD |
| Cryptocurrencies (Bitcoin, Ethereum, Tether) | Instant | More than 80 cryptocurrencies |
| Apple Pay and Google Pay (G Pay) | Instant | EUR, USD, AUD, GBP, JPY, SGD, NZD, CAD |
| OZOW and SwiffyEft | Instant | EUR, USD, AUD, GBP, JPY, SGD, NZD, CAD |
Keywords
- 2-5 years
- Regulated in South Africa
- Financial Service Corporate
- MT5 Full License
- Global Business
- Suspicious Overrun
- High potential risk
Disclosure
CNMV ISSUES WARNING TO THE PUBLIC ON UNREGISTERED FIRM
Country/Region
Disclosure time
2024-10-21
Disclose broker
Blacklists of unauthorized companies and websites: Forex
Country/Region
Disclosure time
2022-11-04
Disclose broker
Authority blacklists and alerts
Country/Region
Disclosure time
2022-11-04
Disclose broker
Review 22
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FX3566334159
Germany
I regret to say that my encounter with Raise FX has been nothing short of a nightmare. Their actions have left me feeling cheated and disillusioned.Cons:1. Lack of Transparency: Raise FX accused me of employing an arbitrage strategy without providing any concrete evidence. Their vague communication is unacceptable.2. Account Freeze: Not only did they ban my account, but they also froze my remaining balance. The 20% penalty for withdrawing my initial deposit feels like highway robbery.3. Final Decision: Their refusal to engage in any dialogue or negotiation is infuriating. As a customer, I deserve better treatment. In total they've deleted over 3000$ on my 2 accounts. Conclusion:Raise FX's practices are questionable at best. I caution anyone considering their services to think twice. There are better options out there. If you have any money there request withdrawal ASAP! I don't think that they are able to pay!!!!
Exposure
2024-04-28
Ibrahim1310
France
They invent evidence by saying that my account is carrying out fraudulent transactions without warning me. Then as soon as I report them on the Internet, they call me to warn me that there will be complaints against me. It's not possible. Big manipulators.
Exposure
2023-12-22
donkey
Malaysia
I hoped for a smooth ride with RaiseFX, but it felt more like a rocky trip on a bumpy road. The performance of their platform was inconsistent. Imagine trying to run a race with a sprained ankle, that's how bad it was.And the time it took to withdraw money? Let's just say it wasn't a sprint, more of a long and slow march. Their unclear trading signals made it even harder to feel confident in my trades.
Neutral
2023-12-04
GraceRentoul
France
Perfect!! Don't hesitate to trust them, really no problems!!!
Positive
2024-12-28
FayeCook
United Kingdom
I was impressed by how well the team handled my request. Very efficient and polite!
Positive
2024-12-14
DoloresHankins
United Kingdom
Super responsive customer support! They replied to me in less than 24 hours. Thank you!
Positive
2024-12-09
FX3949480049
United Kingdom
Withdrawal completed without any issues!!
Positive
2024-12-09
ChandaHernandez
United Kingdom
Deposits starting from 200 euros are amazing, I love it! I highly recommend RaiseFX without any hesitation!!!
Positive
2024-12-08
ArberChaussée
United Kingdom
My withdrawal is in progress; it was very quick and very simple, in my opinion.
Positive
2024-12-08
HarbinPanetier
France
I was able to create my account without any problems, it was very simple and intuitive, thank you RaiseFX
Positive
2024-12-08
GaetanPelland
France
Top-notch customer support! They respond very quickly and are available 24/7. I had an issue, and they resolved it for me in no time!
Positive
2024-12-04
KariFavreau
France
Really no problem easy to use and secure! They have an FSA license so no worries!
Positive
2024-12-04
DavidPropst
Morocco
Whether you're a beginner or a professional, RaiseFX is an excellent choice. They provide powerful tools like MetaTrader 5 and offer customer support available in both English and French. I particularly appreciate their quick responses and the guidance they provide. It's a pleasure to trade with them!
Positive
2024-12-03
JanKappel
United Kingdom
After testing several brokers, RaiseFX clearly stands out. The commissions are low, the MetaTrader 5 tools are powerful, and the leverage of up to 1:500 allows me to easily diversify my investments. The customer service is also excellent, always ready to answer my questions. Very satisfied!
Positive
2024-12-03
TobiasKirsch
Germany
RaiseFX offers incredible trading conditions: tight spreads, fast execution, and a stable platform. The customer support team is very responsive and available 24/7, which is reassuring for a trader like me. Moreover, the minimum deposit is affordable, and access to over 500 assets is a real advantage. I highly recommend it!
Positive
2024-12-03
RoslynGénéreux
France
I’ve been trading for a while, and RaiseFX has honestly impressed me. The withdrawals are so fast, I don’t even think about it anymore—it’s done before I have a chance to worry. Combine that with low deposit requirements, and it’s a no-brainer. 😎
Positive
2024-11-27
Aily
Hong Kong
RaiseFX has got my vote for easy withdrawals and low minimum deposit! They make it simple to access your funds and get started trading with less stress.
Positive
2024-07-25
George P
South Africa
⭐⭐⭐⭐⭐ I am very happy with their trading conditions as well as their customer service. Withdrawals are fast, and often 'same-day'. Not many brokers can do that! ⭐⭐⭐⭐⭐
Positive
2023-10-14
Daniel.B
Israel
I have no less experience with Broker's in the last 10 years (the biggest on the market), i start with them 7 months ago and i have nothing problematic to report . Good executions for all of my trade's , withdrawal no problem and most important the customer service is very responsive on phone and mail so for that all the Biggest brokers please learn from them . i am satisfied for the moment .
Positive
2023-10-13
Julia880
France
Best broker with an amazing customer support !!!
Positive
2023-10-13