RaiseFX is a forex broker founded in South Africa, mainly providing investors with foreign exchange, commodities, stocks, indices trading services, the company's official website supports simplified Chinese, English, French, Spanish, Russian, Arabic as the language of use. In addition, the RaiseFX official website account registration page supports simplified Chinese, Traditional Chinese, English, German, French, Spanish, Portuguese, Russian, Japanese, Arabic.
Company background:
According to RaiseFX's website, the company and its affiliates RaiseGroup LLP and RaiseGroup MENA Markets S.A.R.L. It is registered in South Africa, Kazakhstan and Lebanon respectively, but the registration information of the company and its affiliates cannot be verified and confirmed through the relevant websites of the government of South Africa, Kazakhstan and Lebanon. In addition, the domain name registration information of the website queried by Whois shows that the company's official website domain name was registered on September 16, 2019, and the domain name registration time has been more than 4 years ago.
Account Registration:
RaiseFX website information shows that the company provides investors with real account, demo account registration links. The way to register a real account is: Click "Real Account" in the upper right corner of RaiseFX's official website, or "Open a real account" on the home page of RaiseFX's official website to enter the account registration page. Select or fill in the account type, name, Email, date of birth, country, phone number and other information as required to complete the real account registration. The registration method of Demo Account is: click "Demo Account" in the upper right corner of RaiseFX official website to enter the account registration page, select or fill in the name, Email, date of birth, country, telephone number, account amount, account currency and other information to complete the registration of demo account. In addition, the RaiseFX official website account registration page supports simplified Chinese, Traditional Chinese, English, German, French, Spanish, Portuguese, Russian, Japanese, Arabic.
Account Type:
The RaiseFX website does not provide information on the type of account.
Trading Products:
According to the website of RaiseFX, the company provides investors with foreign exchange, commodities, stocks, indices trading services. In addition, the official website of RaiseFX not only provides specific trading products covered by forex, commodities, stocks, indices, but also provides the spread of specific trading products and overnight interest information. However, the website of RaiseFX does not provide information on the commission of forex, commodities, stocks, specific trading products covered by the index, minimum trading units, maximum trading units, etc.
Margin ratio:
Although RaiseFX shows the margin (leverage) ratio of forex, commodities, stocks and indices on the homepage of its official website and in the "Trading" section, RaiseFX does not provide margin (leverage) ratio information for specific trading products covered by Forex, commodities, stocks and indices.
Trading Hours:
The RaiseFX website does not provide trading hours for specific trading products covered by Forex, commodities, stocks and indices.
Deposits and Withdrawals:
Although RaiseFX website provides VISA, Mastercard, wire transfer, Apple Pay, Google Pay and other methods and channels, as well as different deposit channels and methods supported by the currency, fees and deposit time and other information. However, the RaiseFX website does not provide information about the withdrawal channels and methods it supports, the currency, and the withdrawal fee and time.
Trading Software:
According to the website of RaiseFX, the company provides investors with MetaTrader5 (MT5) trading software, and RaiseFX provides MT5 software supporting computer (Winodws/MacOS) and mobile (IOS/Android). However, the Android version of MT5 software in some countries or regions, there are problems that can not be downloaded or downloaded installation speed is slow.
Other services:
According to the website of RaiseFX, the company provides investors with a Social Trading service that allows investors to use or copy the trading strategies or investment methods of others.
Regulatory information:
RaiseFX is regulated or authorised by South Africa's Financial Sector Conduct Authority (FSCA). A query on the South African Financial Sector Conduct Authority (FSCA) website revealed that the regulatory or authorisation information was genuine.
Summary:
RaiseFX is a normal broker. While RaiseFX's website shows that the company and its affiliates RaiseGroup LLP and RaiseGroup MENA Markets S.A.R.L are incorporated in South Africa, Kazakhstan and Lebanon, It cannot be verified and confirmed through the relevant websites of the governments of South Africa, Kazakhstan and Lebanon. However, a query on the website of South Africa's Financial Sector Conduct Authority (FSCA) shows that the regulatory or authorisation information obtained by the company from the FSCA is true. Judging by this, RaiseFX is a normal broker. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
