User Reviews
More
User comment
7
CommentsWrite a review


Score
Kuwait
Suspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.88
Risk Management Index0.00
Software Index7.40
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
More
Company Name
RAprime Ltd
Company Abbreviation
RAprime
Platform registered country and region
Kuwait
Company website
X
YouTube
96522274778
Company summary
Pyramid scheme complaint
Expose
RAprime Review Summary | |
Founded | 2018 |
Registered Country/Region | Kuwait |
Regulation | No regulation |
Market Instruments | Currencies, metals, indices, energies |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | From 1.5 pips |
Trading Platform | MetaTrader 5 |
Minimum Deposit | $100 |
Customer Support | Contact form |
Phone: +965 2227 4778 | |
Email: info@raprime.com | |
Social Media: WhatsApp, Telegram, Instagram, Facebook, X, TikTok, YouTube | |
Address: Kuwait, Qibla, Abdullah Al Mubarak Street, Ali Tower, 23rd Floor | |
Regional Restriction | United States of America, Canada, United Kingdom, Australia, North Korea, Sudan, Syria, Iran, Cuba |
RA Prime is a Kuwaitbased broker founded in 2018. It is unregulated and offers trading services on currencies, metals, indices and energies. Three account types—BASIC, PLUS and PRIME—differ mainly in spreads and commissions. The platform supports only MetaTrader 5 and offers leverage up to 1:500. Despite that, it should be noted that RAprime does not provide services for residents from certain areas.
Pros | Cons |
Wide range of asset classes | Not regulated |
Islamic account offered | Regional restriction |
MT5 supported | |
Various contact channels |
RA Prime is not licensed by any recognised regulator. Although it is registered in Kuwait, the Kuwaiti authorities do not licence forex trading activities. The domain raprime.com was registered on 9 February 2018 and is valid until 9 February 2026.
RA Prime clients can trade currencies, metals, indices and energy products.
Tradable Instruments | Supported |
Forex | ✔ |
Metals | ✔ |
Energies | ✔ |
Indices | ✔ |
Cryptos | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
RA Prime offers three live trading accounts: BASIC, PLUS, and PRIME. All accounts support swap-free (Islamic) options and have no withdrawal commission. Theres no explicit mention of a demo account.
BASIC | PLUS | PRIME | |
Minimum Deposit | $100 | $1,000 | $1,000 |
Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
Spread | From 1.5 pips | From 0.8 pips | From 0 pips |
Commission | ❌ | ❌ | $8 per lot |
Swap-Free (Islamic) | ✔ | ✔ | ✔ |
Bonuses/Coupons | $100 Course Coupon | $500 Free Coupon | $1,000 Course Coupon |
The maximum leverage available is 1:500. High leverage increases risk and should be used with caution.
For mid- and high-tier accounts (PLUS and PRIME), RA Prime's trading costs are rather good, but for entry-level accounts, the BASIC account spreads are a little more than typical. All plans offer swap-free accounts, which is good for Islamic traders.
Account Type | Spread | Commission |
BASIC | From 1.5 pips | None |
PLUS | From 0.8 pips | None |
PRIME | From 0.0 pips | $8 per lot |
Platform | Supported | Devices | Suitable for |
MetaTrader 5 | ✔ | Windows, Mac, iOS, Android | Experienced traders |
MetaTrader 4 | ❌ | / | Beginners |
There are no fees for withdrawing money from RA Prime, and it's not obvious if there are any fees for making a deposit. For the BASIC account, the minimum deposit is $100.
Method | Minimum Deposit | Minimum Withdrawal | Fees |
Swift | $100 | / | / |
VISA/MasterCard | $100 | / | / |
KNET | $100 | / | / |
More
User comment
7
CommentsWrite a review