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South Africa|2-5 years|
Regulated in South Africa|Financial Service Corporate|MT4/5 full license|Global Business|Suspicious Overrun|Medium potential risk|


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RaiseGroup-Live-UK-2 MT4
Server Location United States


+44 20 45 79 80 75
114 Oxford road, Rosebank, Gauteng, 2196, South Africa


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Broker Information


Company Name

Raise Global SA (Pty) Ltd

Company Abbreviation


Platform registered country and region

South Africa

Company website

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WikiFX Risk Alerts 2
Previous Detection : 2024-02-25
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 50506)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
  • The South AfricaFSCA regulation (license number: 50455) claimed by this broker is suspected to be clone. Please be aware of the risk!

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RaiseFX · Company Summary

Aspect Information
Registered Country/Area Kazakhstanan
Founded Year 2017
Company Name RaiseFX
Regulation No Regulation
Minimum Deposit €/$/£ 200
Maximum Leverage 1:400
Spreads From 0.0 pips
Trading Platforms MetaTrader 5
Tradable Assets Forex, commodities, indices, shares, cryptocurrencies
Account Types Standard, MAM
Demo Account Available
Islamic Account Available
Customer Support Phone, email, live chat
Deposit Methods Bank transfer, credit/debit cards, e-wallets, cryptocurrencies
Withdrawal Methods Bank transfer, credit/debit cards, e-wallets, cryptocurrencies
Swaps Fixed swaps, no interest rates, Islamic swap available

General Information

RaiseFX is a forex broker owned and operated by RaiseGroup LLP, a company registered in Kazakhstan with a license issued by the Financial Supervision Committee of the Ministry of Finance of the Republic of Kazakhstan. The broker offers over 400 tradable financial instruments across five asset classes, including forex, clues, cryptos, raw materials, and share CFDs.

RaiseFX provides real and MAM accounts, with leverage ratios ranging from 1:20 to 1:400, depending on the asset class. The broker claims to offer variable spreads starting from 0.0 pips. The broker works with Visa, MasterCard, and wire transfers for deposits and withdrawals, and charges no deposit or withdrawal commission. The minimum initial deposit requirement is said to be €200.

RaiseFX offers the popular MetaTrader5 trading platform for both desktop and mobile, with over 10,000 trading apps available on the MetaTrader marketplace. The broker provides customer support from Monday to Friday, and its customer service can be reached via telephone and email. It is important to note that RaiseFX has regional restrictions and is not intended for residents of certain jurisdictions, including the European Union, the United States, Singapore, Australia, and other regions, where such distribution or use would be contrary to local law or regulation.

RaiseFX reminds traders that trading forex and CFD type financial instruments involves a high level of risk and may not be suitable for all investors. It is essential to carefully consider investment objectives and risk appetite before deciding to invest, as leverage magnifies gains and losses. All information provided on the RaiseFX website is for educational purposes only, and the broker shall not be held legally liable for any potential loss or damage resulting from the use of the information presented on the website. Unauthorized duplication, publication, or quotation of the RaiseFX website, in part or in whole, constitutes an infringement of intellectual property rights and will be the subject of litigation.

Pros and Cons

Furthermore, it is important to examine the pros and cons of RaiseFX. On the positive side, RaiseFX provides a wide range of trading instruments and offers flexible leverage options. Additionally, the availability of MetaTrader 4 enhances the trading experience. RaiseFX also stands out by not charging any deposit or withdrawal fees and by offering competitive spreads starting from 0.0 pips. However, it is worth noting that RaiseFX is registered in Kazakhstan, which entails limited regulatory oversight. Moreover, there is no available information on the minimum deposit requirement. Additionally, there is limited transparency regarding trading conditions and fees. It is also important to highlight that RaiseFX is not regulated in major financial jurisdictions. While customer support is available during weekdays, RaiseFX provides limited educational resources and research tools.

Pros Cons
Wide range of trading instruments Registered in Kazakhstan with limited regulatory oversight
Flexible leverage options No information on minimum deposit requirement
Availability of MetaTrader 4 Limited information on trading conditions and fees
No deposit or withdrawal fees Not regulated in major financial jurisdictions
Competitive spreads starting from 0.0 pips Limited educational resources and research tools
Customer support available during weekdays

Is RaiseFX Legit or a Scam?

RaiseFX is not regulated and does not hold any licenses from reputable financial authorities. This lack of regulation raises concerns about the legitimacy and credibility of the company. Investors should exercise caution when dealing with unregulated entities, as they may not adhere to strict financial regulations and consumer protection measures.

Furthermore, RaiseFX has been flagged as a suspicious clone by the financial authorities. This means that there is a high likelihood of fraudulent activities associated with the company. It is important to note that engaging with suspicious clones can lead to significant financial risks and potential loss of funds.

The Financial Service Corporate Authority (FSCA) has issued a warning against RaiseFX, indicating that the company is operating without proper authorization or oversight. This warning serves as a ca


Market Instruments

RaiseFX offers a variety of market instruments for traders to trade over 500 different assets across five different classes of assets, including Forex, Indices, Crypto, Commodities, and Stocks.

  • Forex: RaiseFX provides traders with access to over 60 currency pairs to trade on the largest financial market with a leverage of up to 1:500, allowing traders to optimize their potential with some of the tightest spreads in the industry.

  • Indices: Traders can explore Indices CFDs with RaiseFX and trade on the world's most liquid exchange, including popular indices such as Dow Jones, S&P, Nasdaq, DAX, and CAC. With fast execution speeds, traders can take advantage of rising or falling prices and position themselves from $0.10 per point with micro-lots.

  • Crypto: Trading Crypto CFDs with RaiseFX provides traders with the opportunity to trade a large amount of cryptocurrencies without any crypto wallet, with a leverage of up to 1:33, the highest in the industry. The market is available for trading 24/7, and traders can take advantage of rising or falling prices.

  • Commodities: Traders can trade precious metals and commodities with a leverage of up to 1:500, including gold, silver, and other commodities. Precious metals are considered safe havens in the investor's mind, and commodities are considered a good risk hedge against inflation.

  • Stocks CFDs: Traders can trade Stocks CFDs in both ways with a leverage of up to 1:10 and profit from the rise or fall of top companies around the world, including Netflix, Amazon, Google, and Apple.

Overall, RaiseFX offers traders a wide range of market instruments to trade with professional trading conditions, high liquidity, and no commissions on any trading account opened with them.

Market -instruments
Pros Cons
Variety of assets: RaiseFX offers a wide range of market instruments including Forex, indices, cryptocurrencies, stocks, and commodities, providing traders with a diverse set of options to choose from. High leverage: While high leverage can increase potential profits, it can also amplify losses, making it a risky strategy for inexperienced traders.
High leverage: With a leverage of up to 1:500, traders can potentially increase their profits significantly, even with a small amount of initial capital. Volatility: Some of the instruments offered by RaiseFX, such as cryptocurrencies and commodities, can be highly volatile, which increases the risk of losses.
24-hour market: The Forex market is available for trading 24/5, allowing traders to take advantage of market opportunities at any time. Limited educational resources: While RaiseFX offers some educational resources, they may not be sufficient for beginners who need more in-depth training and guidance.
Fast execution speed: RaiseFX boasts a direct MT5 server connection with its liquidity providers, offering clients one of the best executions available in the industry.
Micro lots: RaiseFX offers micro-contracts on indices, allowing traders to position themselves from as low as $0.10 per point.

Account Types

RaiseFX offers two types of accounts: Real accounts and MAM accounts. eal Accounts: Real accounts are individual trading accounts designed for traders who want to trade on their own. RaiseFX offers real accounts with various features and benefits, including variable spreads, leverage of up to 1:500, hedging and scalping allowed, access to a wide range of trading instruments, and 24/5 customer support.

MAM Accounts: MAM accounts (Multi-Account Manager) are designed for professional traders who manage multiple trading accounts at once. MAM accounts allow traders to manage multiple accounts with a single master account. This is particularly useful for traders who manage funds on behalf of clients or who trade with multiple strategies simultaneously. RaiseFX offers MAM accounts with flexible allocation methods, including lot size, percentage, and equity.

Unfortunately, RaiseFX does not disclose information about the minimum initial deposit requirement to open an account on their website. It's always best to contact the broker directly for more information on account types and requirements.

Pros Cons
Real accounts have multiple tiers for No information provided about minimum deposit amount
traders with different experience levels
MAM accounts allow professional traders to manage multiple accounts simultaneously No information provided about MAM account fees
Both account types offer access to a wide Limited information provided about account features
range of trading instruments
Real accounts come with access to education
materials and customer support


RaiseFX offers leverage for trading in various financial instruments such as Forex, Indices, Crypto, Commodities, and CFD Shares. The maximum leverage that can be offered by RaiseFX is 1:500 for approved accounts. However, the default leverage for RaiseFX accounts is 1:100. The leverage varies depending on the type of financial instrument being traded. For Forex, the maximum leverage offered is 1:500, for Indices it is 1:200, for Crypto it is 1:33, for Commodities it ranges from 1:20 to 1:500, and for CFD Shares it is 1:10.

It's important to note that while leverage can increase potential profits, it can also amplify losses. Traders should use leverage with caution and ensure they have a proper risk management strategy in place.

Pros Cons
- The high leverage of up to 1:500 allows traders to potentially multiply their capital and increase their profits. - High leverage can also increase the risk of large losses, as even small market movements can result in significant losses.
- The ability to increase leverage through account approval process may allow traders to tailor their leverage to their risk tolerance and trading strategy. - High leverage is not suitable for all traders, particularly those who are new to trading or who do not have a solid understanding of risk management.
- The high leverage offered by RaiseFX can allow traders to take advantage of small market movements and capitalize on market opportunities quickly. - The high leverage offered by RaiseFX may be subject to restrictions in certain jurisdictions, which can limit its availability to traders.
- The high leverage can potentially result in higher returns on investment for traders who use it wisely. - Leverage can amplify losses, leading to margin calls and potentially forcing traders to exit positions prematurely.
- RaiseFX offers a range of leverage options for different asset classes, allowing traders to tailor their leverage to their specific trading needs.

Spreads & Commissions

RaiseFX claims to offer tight spreads and no commissions on their trading accounts. They state on their website that they offer the tightest spreads in the industry and their spreads start from 0.0 pips. This is particularly notable for the EUR/USD pair which has a spread of 0.5 pips, USD/JPY with 0.2 pips, and GBP/USD and AUD/USD pairs both with 0.8 pips spread.

In addition to their tight spreads, RaiseFX also states that they do not charge any commissions on their trades. This is a significant advantage as it can lower the cost of trading and make it more affordable for traders to access the financial markets. However, it is worth noting that there are other fees involved in trading, such as rollover fees and swap rates, which may vary depending on the financial instrument and trading conditions.

Furthermore, RaiseFX charges a fixed commission per lot traded. For example, €2.5 per lot in EUR, $3 per lot in USD, and £2 per lot in GBP. This commission applies to both opening and closing trades, meaning that the total commission for a round turn trade (opening and closing a position) would be twice the commission charged per lot. It is important to note that commission-based accounts may have lower spreads than those with no commission, but the overall cost of trading depends on the trading strategy, volume, and frequency of trades.

Finally, it is worth mentioning that RaiseFX offers a variety of trading instruments, including forex, indices, commodities, cryptocurrencies, and CFDs. Each of these instruments may have different spreads and commissions, and traders should consider these factors when choosing the best instrument for their trading strategy.

Overall, RaiseFX's no-commission trading model and tight spreads can be an attractive proposition for traders looking to lower their trading costs. However, it is essential to consider other fees involved in trading, including rollover and swap rates, and to choose the instrument that best suits one's trading strategy.

Pros Cons
Access to a wide range of trading instruments Commission charged per lot traded, which can increase the cost of trading
Commission-free trading with 0 commission Spreads can widen during volatile market conditions, increasing trading costs
Limited selection of account types and trading platforms
Limited customer support options
Lack of educational and research materials to assist traders in their decision-making


RaiseFX offers fixed swaps for all their trading assets, which means there are no interest rates involved. This makes their accounts compliant with the requirements of any faith or set of beliefs, including Islamic finance.

In terms of transparency, RaiseFX provides a swap table on their website that allows traders to easily calculate their swap rates for each asset they are trading. According to the table, some of the fixed swap rates offered by RaiseFX include:

EUR/USD: 2 EUR (for 1 lot)

GBP/USD: 2 GBP (for 1 lot)

USD/JPY: 2 USD (for 1 lot)

Bitcoin: 10.65755 (in points per 1 lot)

Ethereum: 0.7825 (in points per 1 lot)

Gold: 2 USD (for 1 lot)

WTI Crude Oil: 50 USD (for 1 lot)

Dow Jones 30: 4 USD (for 1 lot)

Nasdaq 100: 4 USD (for 1 lot)

RaiseFX claims to have some of the lowest swaps in the industry without any hidden commission, which may be a benefit for traders.

Pros and Cons

Pros Cons
Fixed swaps: All swaps are fixed, providing traders with more predictable costs. Limited asset classes: RaiseFX only offers swaps for a limited number of assets.
Low swaps: RaiseFX boasts some of the lowest swaps in the industry without hidden commissions. Limited information: The website provides limited information on how swaps are calculated and what factors influence them.
Islamic swaps: Since all swaps are not affected by interest rates, all accounts comply with the requirements of any faith or set of beliefs.
Transparent swaps: RaiseFX's swap policy makes it easy for traders to calculate their swaps using a simple table.

Trading Platform Available

Platforms available for trading at RaiseFX are the MT4 Desktop version and Mobile & Tablet App. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.


Deposit & Withdrawal

RaiseFX works with Visa, MasterCard and wire transfers. The broker charges no deposit or withdrawal commission. The minimum initial deposit requirement is said to be €200. As for the processing time of deposit and withdrawal requests, Visa and Master deposits are instant, while wire transfers deposits and withdrawals require 2-3 business days.


Customer Support

RaiseFXs customer support can be reached from Monday to Friday from 9:00 a.m. to 7:00 p.m. (GMT+1) by telephone: +442045798075, email: Company address: Timiryazev street, building 71, office 17, Almaty, 050060, Republic of Kazakhstan.


RaiseFX offers customer support through multiple channels, including telephone and email. The customer support team can be reached from Monday to Friday, between 9:00 a.m. to 7:00 p.m. (GMT+1). Their telephone number is +442045798075, and their email address is

In addition to these channels, RaiseFX also provides a physical address for their company in Kazakhstan. This suggests a level of transparency and accountability that customers may appreciate. However, it is unclear from the information provided whether RaiseFX offers additional customer support options, such as live chat or a help center on their website.


Q: What is RaiseFX?

A: RaiseFX is a forex and CFDs trading platform that offers access to a wide range of financial instruments, including currencies, commodities, indices, and cryptocurrencies.

Q: What types of accounts are available on RaiseFX?

A: RaiseFX offers three types of accounts: Standard, Gold, and Platinum. Each account type comes with its own set of features and benefits.

Q: What is the minimum deposit required to open an account on RaiseFX?

A: The minimum deposit required to open an account on RaiseFX is €200.

Q: What types of financial instruments can I trade on RaiseFX?

A: RaiseFX offers a wide range of financial instruments, including currency pairs, commodities, indices, and cryptocurrencies.

Q: What are the trading hours on RaiseFX?

A:The trading hours on RaiseFX depend on the financial instrument you are trading. For example, the forex market is open 24 hours a day, five days a week, while the stock market is only open during regular business hours.

Q: What are the deposit and withdrawal methods available on RaiseFX?

A: RaiseFX offers a variety of deposit and withdrawal methods, including bank wire transfer, credit/debit cards, and e-wallets like Skrill and Neteller.

Q: What are the fees and commissions on RaiseFX?

A: RaiseFX does not charge any commissions on trades, but there may be fees associated with deposits and withdrawals depending on the method used.

Q: What is the customer support like on RaiseFX?

A: RaiseFX offers customer support through phone and email during business hours, and they also have an extensive FAQ section on their website.

Q: What trading platforms does RaiseFX support?

A: RaiseFX supports the popular MetaTrader 5 (MT5) trading platform, which is available for desktop, web, and mobile devices. MT5 is known for its advanced charting capabilities, automated trading features, and customizable interface.


Former AvaTrade France head David Bottin launches offshore FX broker RaiseFX

NewsFormer AvaTrade France head David Bottin launches offshore FX broker RaiseFX

2022-10-12 17:55

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

2022-10-12 17:55
Former AvaTrade France head David Bottin launches offshore FX broker RaiseFX

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more than one year
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.
2023-12-04 16:30
George P
⭐⭐⭐⭐⭐ 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! ⭐⭐⭐⭐⭐
2023-10-14 18:04
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 .
2023-10-13 19:13
Best broker with an amazing customer support !!!
2023-10-13 19:00
Wowed!!! Extremely fast payment. good experience so far... Make una no fall our hand o. Thanks to Ramatu for recommending Raisefx no regrets and hope no to.
2023-07-27 18:45
more than one year
RaiseFX is the best for me. They always provide excellent service. All my trades were completed instantly. Didn't have to contact support and that's great. Thank you.
2022-12-16 18:01
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