https://www.razermarkets.com/#/
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RazerMarkets
RazerMarkets
Marshall Islands
Pyramid scheme complaint
Expose
Benchmark | -- |
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Maximum Leverage | 1:500 |
Minimum Deposit | €250000 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:400 |
Minimum Deposit | €50000 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:300 |
Minimum Deposit | €5000 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:200 |
Minimum Deposit | €500 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Capital
$(USD)
Note: Razer Markets' official website: https://www.razermarkets.com/ is currently inaccessible normally.
Razer MarketsReview Summary | |
Founded | 2020 |
Registered Country/Region | Marshall Islands |
Regulation | No regulation |
Market Instruments | Forex, commodities, stocks, indices, cryptocurrencies |
Demo Account | ❌ |
Leverage | Up to 1:500 |
Spread | Fixed at 1 pip |
Trading Platform | Web |
Min Deposit | €500 |
Customer Support | / |
Region Restrictions | US |
Razer Markets is an unregulated broker, offering trading on forex, commodities, stocks, indices and cryptocurrencies with leverage up to 1:500 and fixed spread at 1 pip on the web-based trading platform. The minimum deposit requirement is €500.
Pros | Cons |
Tight spreads | Limited trading products |
No demo accounts | |
No MT4/MT5 | |
No contact channels | |
High minimum deposit requirement |
No. It is registered in the Marshall Islands, which is filled with scammers and shady companies. It is blacklisted as a Scam by FCA, CONSOB, and CMVM. It does not offer guaranteed funds or segregated accounts.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Indices | ✔ |
Cryptocurrencies | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Here are four account types Razer Markets offers:
Account Type | Min Deposit |
Basic | €500 |
Silver | €5000 |
Golden | €50000 |
Platinum | €250000 |
Razer Markets offers flexible leverage options, varying by account type.
Account Type | Max Leverage |
Basic | 1:200 |
Silver | 1:300 |
Golden | 1:400 |
Platinum | 1:500 |
Razer Markets Spreads
The spread is fixed at 1 pip.
Non-Trading Fees
The dormant fee is higher than ordinary brokers. A dormant account will be subject to 10% monthly deduction after 6 months of inactivity, which is an unfair clause.
Trading Platform | Supported | Available Devices | Suitable for |
Web | ✔ | Web | / |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced |
Razer Markets accepts payments via credit cards and wire transfers. No minimum withdrawal amount defined and no fees or charges specified.
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