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RaiseFX Review & Ratings 2025
Visit RaiseFXRisk Warning: Trading Forex and CFD-type financial instruments involves a high level of risk and may not be suitable for all investors.
Choosing the right online Forex broker is super important these days. This review looks at RaiseFX, a broker making some big promises. They mention things like really tight spreads, whilst customer support is available from Monday to Friday from 9 am until 8 PM, and super-fast trade execution. Furthermore, RaiseFX offers leverage up to 1:500.
We'll dive into what RaiseFX has to offer. Their website does not give much background, although they do state they have experienced traders on staff. We want to examine their features and see how they might work for you when you trade. Let's examine what RaiseFX has to offer.
Overview
Company
The team of RaiseFX has +25 years of experience in providing trading to individuals. They strive to make trading easy for everyone, whether you are a beginner or have been trading for many years. They enable you to trade on many different markets like forex, indices, crypto, stocks, and commodities.
You can try out trading risk-free by opening a demo account first. When you are ready, you can trade with real money. RaiseFX uses MetaTrader 5 (MT5), which is feature-packed and easy to use. They also offer leverage of 500:1, so you can trade with more money than you have.
RaiseFX provides over 500 assets for you to choose from to expand your investments in different sectors. If you have any questions, their customer service is there to help you almost any time during the week.
Most traders choose RaiseFX because they are highly experienced, provide fair trading, and make trading accessible to all. If you are interested in trading crypto or anything else, RaiseFX wants to make it straightforward for you so that you can focus on your trades. Here is a straightforward RaiseFX review. You can start with little and aim to accomplish bigger goals with their help.
What Can You Trade with RaiseFX?
RaiseFX has an enormous trading range to offer. You can trade in all markets. They provide more than 500 assets to trade from. The assets are divided into more than five categories.
Below are the types of assets you can trade with RaiseFX:
Forex: It includes trading different world currencies. You can trade major pairs like EUR/USD and GBP/USD. They also offer minor and exotic currency pairs.
Commodities: You can trade raw materials. They are like gold, silver, platinum, copper, gas and oil.
Stocks: You can trade the shares of companies. They have big companies like Netflix, Amazon, Google, and Apple.
Cryptocurrencies: You can trade digital currencies. This includes popular ones like Bitcoin and Ethereum in CFDs. RaiseFX offers a wide selection of over 100 cryptocurrencies.
Indices: You can trade a basket of top stocks in a specific market. Examples include the Dow Jones, S&P 500, and Nasdaq.
RaiseFX uses the MetaTrader 5 platform. This is a popular platform with many trading tools. You can use it on your computer, phone, or tablet. They also offer high leverage, up to 1:500. With this, you can trade more funds than are in your account. But always remember that high leverage comes with high risk.
RaiseFX aims to provide good trading conditions. They have close spreads, which is the difference between the buying and selling price. They also excel at fast execution of trades.
In summary, RaiseFX gives you exposure to many different markets and trading instruments. This allows you to diversify your trading portfolio.
Trust
When you are trading Forex online, it's extremely important to feel safe about your money and personal information. RaiseFX seems to understand this.
They are regulated by South Africa's financial regulator, the Financial Sector Conduct Authority (FSCA). This means that they have rules they need to follow to help protect traders. The name of the company that is registered with the FSCA is Raise Global SA (Pty) LTD, and their license number is 50506.
RaiseFX also works to keep your transactions and account secure. They use things like encryption (special coding) to prevent your personal details from being seen by the wrong people. They also make the ways in which you deposit or withdraw money secure and protected. They appear to value keeping their clients safe.
Trading Platform
RaiseFX offers several ways of trading. One is through MT5. It is a platform that you can use on your computer, regardless of whether it is a PC, Mac, or even Linux. You can also use it on your phone or tablet. MT5 has lots of tools for different kinds of trading. It even permits you to use automatic systems called EAs. Since it carries numerous features, MT5 tends to be more suitable for individuals who have experience trading.
RaiseFX also provides copy trading. This is helpful if you are new to trading. Or maybe you just don't have a lot of time to study the market. With copy trading, you can follow the trades of traders who do understand what they are doing. These experienced traders are sometimes simply called money managers or copy trading gurus. It's a way to potentially grow your money by benefiting from others.
Here's a brief overview of the trading platforms at RaiseFX:
MT5:
RaiseFX provides MetaTrader 5, or MT5. It is a very popular trading platform.
Available Devices: You can access it on your PC, Mac, Linux computer, and also on your mobile and tablet.
Suitable for: This platform is generally most suitable for traders with some experience.
Copy Trading:
This allows you to automatically copy trades from more experienced traders.
It can be useful for beginners or for those who don't have much time to do research.
So, RaiseFX offers a choice. You can use the powerful MT5 platform if you have experience in trading. Or, if you are less experienced or want an easier way, you can try copy trading and learn from others.
Account Types
RaiseFX enables people to trade with two main account types. They have real accounts where you trade with actual money. They also have demo accounts. Their demo account is more like practice areas. You can use them to find out how the trading platform operates. They are also great for learning about trading without you losing any money.
For Muslim traders, RaiseFX offers Islamic accounts. These accounts are consistent with Islamic finance principles and do not have swaps.To start trading with a live account at RaiseFX, you need to have a minimum deposit of $100.
RaiseFX also offers different levels of leverage. Leverage enables you to control larger positions with less capital. Their leverage varies from 1:20 to 1:500. The level of leverage you can use depends on what you are trading. For Forex (currencies) and Commodities, you can use 500 times leverage. For Indices, you can use up to 1:200 leverage. For Cryptocurrencies trading, the leverage is up to 1:20. For CFD Shares trading, the leverage is up to 1:10.
Costs
Considering trading with RaiseFX? Here is the information about their costs.
Traders' good news: their spreads, for example, on the popularly traded EURUSD pair, can be very tight, even close to zero. Tighter spreads generally mean things happen faster. And they do not have a separate commission charge for trades, a pleasant cost reduction. Even the overnight trade holding charges, swaps, can be zero sometimes.
Firstly, you will need to make an initial deposit of at least $100. A fairly large number of options are available for you to deposit money: you can utilize Visa or MasterCard, bank wire transfer, popular cryptocurrencies like Bitcoin, Ethereum, and Tether.
As for putting your money in or taking it out, they do this in three days or so. Most methods of deposit, like cards or cryptocurrency, tend to show up instantly. Wire transfers may take some time, but this is pretty standard.
So, the main fees seem to be the spread (which can be low) and maybe swap fees, with no extra commission fees to worry about.
Customer Support
Now then, about getting help from RaiseFX.
Should you need to get in touch with their support team, you have a couple of choices. You can reach them by emailing support@raisefx.com. Or, if you prefer to talk to somebody, you may call +44 114 697 5338. RaiseFX’support team is available from Monday to Friday, between 9 AM until 8 PM.
Having good customer support is really helpful, right? When you're having a problem or just have a question, especially with something like trading, you want to know that someone is there to help. It's frustrating when you feel like you're on your own.
Knowing that you can reach out and get assistance builds trust. It shows that the company cares about its users and wants them to do well. Quick and helpful support can really impact how you feel about using a service.
So, RaiseFX offering email and phone support during the trading week is a plus for their clients who might need that support.
Regulation
When you are trading online, it is good to know who regulates your broker. For RaiseFX, the company that runs it is called Raise Global SA (Pty) LTD.
This company, Raise Global SA, is properly registered and regulated in South Africa. The institution that regulates them is the Financial Sector Conduct Authority, which is popularly known as the FSCA. Their license number with the FSCA is 50506.
It is interesting to mention that, at the moment, RaiseFX has only this authorization from the South African FSCA. They are not regulated by other prominent financial regulators in other regions of the globe.
Conclusion
In summary of this RaiseFX review, this broker has a good variety of methods to trade, from forex to crypto. They use the well-liked MT5 platform and even provide copy trading for those who want to follow experienced traders. It is comforting to know they are regulated by a regulator in South Africa, which helps with confidence.
Pricing-wise, their spreads can be extremely low, and they have no additional fees for trading.
Their minimum requirement is $100. In case you need help, they provide customer support from Monday till Friday, between 9 AM until 8 PM.
RaiseFX has been operating for some time, a factor that can give individuals confidence in traders. They do their best to make trading accessible to different types of traders. Therefore, if you are looking for a broker with a lot of options and an ease-of-use focus, RaiseFX may be worth considering for your trading experience. Always trade carefully.
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