Score

1.47 /10
Danger

RazerMarkets

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.72

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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40G

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Broker Information

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Company Name

RazerMarkets

Company Abbreviation

RazerMarkets

Platform registered country and region

Marshall Islands

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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RazerMarkets · Company summary
IFE MARKETS Review Summary
Founded2018-09-18
Registered Country/RegionSeychelles
RegulationUnregulated
Market InstrumentsCDFs on forex/metals/commodities/indices/shares
Demo Account
LeverageUp to 1:400
SpreadLow
Trading PlatformIFE MARKETS(i0S/Android/Desktop
Min Deposit$200
Customer SupportPhone: +442033181550
Email: support@lFEMarkets.com

IFE MARKETS Information

IFE MARKETS is a broker. The tradable instruments with a maximum leverage of 1:400 include CDFs on forex, metals, commodities, indices, and shares. The minimum spread is low and the minimum deposit is 0. IFE MARKETS is still risky due to its unregulated status and high leverage.

IFE MARKETS Information

Pros and Cons

Pros Cons
Various tradable instrumentsUnregulated
Leverage up to 1:400MT4/MT5 unavailable
Commission free
Free demo

Is IFE MARKETS Legit?

IFE MARKETS is not regulated, which makes it less safe than regulated brokers.

Is IFE MARKETS Legit?
Is IFE MARKETS Legit?

What Can I Trade on IFE MARKETS?

Traders can choose different investment directions because the broker provides CDFs on forex, metals, commodities, indices, and shares.

Tradable Instruments(CDFs)Supported
Forex
Commodities
Indices
Metals
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on IFE MARKETS?
What Can I Trade on IFE MARKETS?

Account Type

IFE MARKETS has three types of accounts with free demo a/c: X-STANDARD, X-PREMIUM, and X-PRO. The X-PRO requires a minimum deposit of $5,000. Traders with a sufficient budget can open an X-PRO account and those who want low spreads and low leverage can choose an X-STANDARD account.

Account Type X-STANDARDX-PREMIUMX-PRO
Minimum Deposit$200$2000$5000
Spread chargesStandard spreadsPremium spreadsPro spreads (lowest)
Leverage1:2001:4001:400
InstrumentsForexForex/MetalForex/Metal/Commodities
PlatformX-WebX-Web/iOS/AndroidX-Web/iOS/Android
Free Demo a/c2 weeks1 MonthsUnlimited
Account Type
Account Type

IFE MARKETS Fees

IFE MARKETS claims to provide low spreads and no commission.

IFE MARKETS Fees

Leverage

The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Leverage

Trading Platform

IFE MARKETS has a proprietary iOS, Android, and Desktop trading platform.

Trading PlatformSupported Available Devices
IFE MARKETSiOS/Android/Desktop
Trading Platform
Trading Platform

Deposit and Withdrawal

The minimum deposit is $200. IFE MARKETS offers multiple deposit and withdrawal methods that can be processed within a week, including bank wire transfer, credit/Debit card, and Neteller. However, by withdrawing money via bank transfer traders will pay approximately $20.

Deposit and Withdrawal

Customer Support Options

Traders can contact IFE MARKETS via phone and email.

Contact Options Details
Phone +442033181550
Email support@lFEMarkets.com
Supported Language English
Website Language English
Physical Address Global Investment House LimitedSuite 3 Jiva's complex, Mont Fleuri Mahe, Seychelles
Customer Support Options
Customer Support Options

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FX1368684179
more than one year
The odious scam forex company RazerMarkets is selling their domains after scamming their victims out of their money and absconding with money! Hope it to be brought to justice soon!
The odious scam forex company RazerMarkets is selling their domains after scamming their victims out of their money and absconding with money! Hope it to be brought to justice soon!
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2023-03-10 18:13
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