Score
South Africa
|
2-5 years
| https://raisefx.com
Website
Rating Index
MT4/5
Full License
RaiseGlobal-Live
Influence
C
Influence index NO.1
France 5.44
MT4/5 Identification
Full License
GermanyInfluence
C
Influence index NO.1
France 5.44
Licenses South Africa
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
raisefx.com France
VIP is not activated.| RaiseFXReview Summary | |
| Founded | 2019-09-16 |
| Registered Country/Region | South Africa |
| Regulation | General Registration |
| Market Instruments | Forex, Commodities, Stocks, Cryptocurrencies, Indices |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | Ultra tight |
| Trading Platform | MT5(PC, MacOS & Linux, Mobile, Tablet) |
| Min Deposit | 200€ |
| Customer Support(24/7) | Email: support.sea@raisefx.com |
| Phone: +44 2045798075 | |
| LinkedIn, Instagram | |
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.
| Pros | Cons |
| Ultra tight spread | General Registration |
| Leverage up to 1:500 | Some negative voices |
| 24/7 customer support | |
| Demo and Islamic account available | |
| MT5 available |
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.
RaiseFX offers 500 assets and 5+ classes of assets, including forex, indices, crypto, stocks, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Indices | ✔ |
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.
Spreads(EURUSD) approach 0, commissions are 0, and swaps are as low as 0. The lower the spread, the faster the liquidity.
| Symbol | Bid | Ask | Spread |
| EURUSD | 1.03254 | 1.03269 | 15 |
RaiseFX offers 1:20-1:500 leverage, depending on the asset options, 500x leverage is available for Forex and Commodity trading.
| FOREX | Indices | Crypto | Commodities | CFD Shares |
| 1:500 | 1:200 | 1:20 | 1:20 to 1:500 | 1:10 |
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 Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, MacOS & Linux, Mobile, Tablet | Experienced traders |
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.
| Method | Processing time | Currencies |
| Credit Cards (VISA and MasterCard) | Instant | EUR, USD, AUD, GBP, JPY, SGD, NZD, CAD |
| Wire Transfer | 2-3 business days | EUR, USD, AUD, GBP, JPY, SGD, NZD, CAD |
| Cryptocurrencies (Bitcoin, Ethereum, Tether) | Instant | More than 80 cryptocurrencies |
| Apple Pay and Google Pay (G Pay) | Instant | EUR, USD, AUD, GBP, JPY, SGD, NZD, CAD |
| OZOW and SwiffyEft | Instant | EUR, USD, AUD, GBP, JPY, SGD, NZD, CAD |
Warnings (unauthorised firms and other entities)
Country/Region
Disclosure time
2024-10-21
Disclose broker
Blacklists of unauthorized companies and websites: Forex.
Country/Region
Disclosure time
2022-11-04
Disclose broker
Authority blacklists and alerts
Country/Region
Disclosure time
2022-11-04
Disclose broker
David Bottin, former Managing Director at AvaTrade and head of AvaTrade France, has launched a new offshore Retail FX and CFD broker brand called RaiseFX, at website raisefx.com.
RaiseFX has general registration with FSCA shows it is exceeded, which means it is not regulated by any professional organizations and the safety of funds may not be well protected. Traders must be fully aware of the risks and avoid losses.
Yes. RaiseFX provides Demo Account for beginners to learn how to trade based on real data.
Yes. RaiseFX is regulated by the FSCA, with license No. 50506. However, the current status shows it has been exceeded. Traders must understand the potential risks and avoid any possible losses in finance.
The swap fee is as low as 0.
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FX3566334159
Germany
I regret to say that my encounter with Raise FX has been nothing short of a nightmare. Their actions have left me feeling cheated and disillusioned.Cons:1. Lack of Transparency: Raise FX accused me of employing an arbitrage strategy without providing any concrete evidence. Their vague communication is unacceptable.2. Account Freeze: Not only did they ban my account, but they also froze my remaining balance. The 20% penalty for withdrawing my initial deposit feels like highway robbery.3. Final Decision: Their refusal to engage in any dialogue or negotiation is infuriating. As a customer, I deserve better treatment. In total they've deleted over 3000$ on my 2 accounts. Conclusion:Raise FX's practices are questionable at best. I caution anyone considering their services to think twice. There are better options out there. If you have any money there request withdrawal ASAP! I don't think that they are able to pay!!!!
Exposure
Ibrahim1310
France
They invent evidence by saying that my account is carrying out fraudulent transactions without warning me. Then as soon as I report them on the Internet, they call me to warn me that there will be complaints against me. It's not possible. Big manipulators.
Exposure
GraceRentoul
France
Perfect!! Don't hesitate to trust them, really no problems!!!
Positive
FayeCook
United Kingdom
I was impressed by how well the team handled my request. Very efficient and polite!
Positive
DoloresHankins
United Kingdom
Super responsive customer support! They replied to me in less than 24 hours. Thank you!
Positive
FX3949480049
United Kingdom
Withdrawal completed without any issues!!
Positive
ChandaHernandez
United Kingdom
Deposits starting from 200 euros are amazing, I love it! I highly recommend RaiseFX without any hesitation!!!
Positive
ArberChaussée
United Kingdom
My withdrawal is in progress; it was very quick and very simple, in my opinion.
Positive
HarbinPanetier
France
I was able to create my account without any problems, it was very simple and intuitive, thank you RaiseFX
Positive
GaetanPelland
France
Top-notch customer support! They respond very quickly and are available 24/7. I had an issue, and they resolved it for me in no time!
Positive
KariFavreau
France
Really no problem easy to use and secure! They have an FSA license so no worries!
Positive
DavidPropst
Morocco
Whether you're a beginner or a professional, RaiseFX is an excellent choice. They provide powerful tools like MetaTrader 5 and offer customer support available in both English and French. I particularly appreciate their quick responses and the guidance they provide. It's a pleasure to trade with them!
Positive
JanKappel
United Kingdom
After testing several brokers, RaiseFX clearly stands out. The commissions are low, the MetaTrader 5 tools are powerful, and the leverage of up to 1:500 allows me to easily diversify my investments. The customer service is also excellent, always ready to answer my questions. Very satisfied!
Positive
TobiasKirsch
Germany
RaiseFX offers incredible trading conditions: tight spreads, fast execution, and a stable platform. The customer support team is very responsive and available 24/7, which is reassuring for a trader like me. Moreover, the minimum deposit is affordable, and access to over 500 assets is a real advantage. I highly recommend it!
Positive
RoslynGénéreux
France
I’ve been trading for a while, and RaiseFX has honestly impressed me. The withdrawals are so fast, I don’t even think about it anymore—it’s done before I have a chance to worry. Combine that with low deposit requirements, and it’s a no-brainer. 😎
Positive
Aily
Hong Kong
RaiseFX has got my vote for easy withdrawals and low minimum deposit! They make it simple to access your funds and get started trading with less stress.
Positive
donkey
Malaysia
I hoped for a smooth ride with RaiseFX, but it felt more like a rocky trip on a bumpy road. The performance of their platform was inconsistent. Imagine trying to run a race with a sprained ankle, that's how bad it was.And the time it took to withdraw money? Let's just say it wasn't a sprint, more of a long and slow march. Their unclear trading signals made it even harder to feel confident in my trades.
Neutral
George P
South Africa
⭐⭐⭐⭐⭐ I am very happy with their trading conditions as well as their customer service. Withdrawals are fast, and often 'same-day'. Not many brokers can do that! ⭐⭐⭐⭐⭐
Positive
Daniel.B
Israel
I have no less experience with Broker's in the last 10 years (the biggest on the market), i start with them 7 months ago and i have nothing problematic to report . Good executions for all of my trade's , withdrawal no problem and most important the customer service is very responsive on phone and mail so for that all the Biggest brokers please learn from them . i am satisfied for the moment .
Positive
Julia880
France
Best broker with an amazing customer support !!!
Positive