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RaiseFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-02-10 11:29

Abstract: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.

RaiseFXReview Summary
Founded2019-09-16
Registered Country/RegionSouth Africa
RegulationGeneral Registration
Market InstrumentsForex, Commodities, Stocks, Cryptocurrencies, Indices
Demo Account✅
LeverageUp to 1:500
SpreadUltra tight
Trading PlatformMT5(PC, MacOS & Linux, Mobile, Tablet)
Min Deposit200€
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.

RaiseFX Information

Pros and Cons

Pros Cons
Ultra tight spreadGeneral Registration
Leverage up to 1:500Some 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.

Is RaiseFX Legit?
Is RaiseFX Legit?

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✔
What Can I Trade on RaiseFX?

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.

Account Type

RaiseFX Fees

  Spreads(EURUSD) approach 0, commissions are 0, and swaps are as low as 0. The lower the spread, the faster the liquidity.

SymbolBidAskSpread
EURUSD1.032541.0326915

Leverage

  RaiseFX offers 1:20-1:500 leverage, depending on the asset options, 500x leverage is available for Forex and Commodity trading.

FOREXIndicesCryptoCommoditiesCFD Shares
1:5001:2001:201:20 to 1:5001:10

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 PlatformSupported Available Devices Suitable for
MT5✔PC, MacOS & Linux, Mobile, TabletExperienced traders
Trading Platform

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.

MethodProcessing timeCurrencies
Credit Cards (VISA and MasterCard)InstantEUR, USD, AUD, GBP, JPY, SGD, NZD, CAD
Wire Transfer2-3 business daysEUR, USD, AUD, GBP, JPY, SGD, NZD, CAD
Cryptocurrencies (Bitcoin, Ethereum, Tether)InstantMore than 80 cryptocurrencies
Apple Pay and Google Pay (G Pay)InstantEUR, USD, AUD, GBP, JPY, SGD, NZD, CAD
OZOW and SwiffyEftInstantEUR, USD, AUD, GBP, JPY, SGD, NZD, CAD
Deposit and Withdrawal

  

Related broker

Regulated
RaiseFX
Company name:RAISE GLOBAL SA (PTY) LTD
Score
2.24
Website:https://raisefx.com
2-5 years | Regulated in South Africa | Derivatives Trading License (EP) | MT5 Full License
Score
2.24

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