The online brokerage company calls itself an industry leader and promises to provide clients with access to global financial instruments. According to the website owners, the firm is based in Saint Lucia and has a representative office in the UAE. Furthermore, the financial services provider is based in South Africa and has an FSCA license, which is not documented.
Can you trust your money to this intermediary without the risk of losing everything? Our Raze Markets review will help you understand how reliable the broker is.
How to Trade
The company promises to provide customers with more than 3,000 online trading tools. You will find 3 options on its official website:
- MetaTrader 5 with a demo version.
- MAM – Multi-Account-Manager with multiple accounts.
- PAMM – the account that unites professional fund managers and clients.
Average spreads are over 0.1 pips and commissions per lot range from $0-4. The brokerage firm offers users swap-free trading, copying professional traders, and cryptocurrency deposits/withdrawals.
Additional features include educational resources. You can follow the company’s Instagram and LinkedIn accounts via direct links on the site.
Raze Markets Vital Info
The owners of the resource tell more about themselves in their social media accounts. In particular, they say that the team has “more than 40 years of experience in brokerage services”. Meanwhile, there is no information about the history of the project on the company’s official website. As for the domain, it was created in November 2023. That is, the platform has been operating for less than a year and its managers are misleading social network users about the service life.
We decided to check the legal aspects of the broker’s activities and found that Raze Global Markets Ltd is listed in the registry of Saint Lucia, but detailed information is not available. We were also able to find Raze Markets South Africa (Pty) Ltd on the FSCA register. It was authorized in December 2023 and has the same physical address as listed on the broker’s website, but there is no other evidence of connection between them.
I looked at this online resource at razemarkets.com, quite by accident to explore it when looking for a new broker. However, I was laughed at all the promises of benefits of this project. It is clearly a scam. The legal registration doesn't even match the offshore addresses listed, it just doesn't exist, plus look at the phone number: +4...123456789, it just sucks 😂 You will never have a chance to contact the managers to find out where the scammers are.
I can say for sure that it is impossible to trade with this broker. I had problems all the time to close winning trades especially when the market was highly volatile, this is a lot to talk about. Contacting technical support did not help much, as the operators usually reported that they were working on solving this problem, but nothing ever changed for the better. The situation didn't change after a few weeks - everything remained exactly the same, so I had to abandon everything because I kept losing money. So there was nothing left for me to do but to leave RAZE MARKETS irrevocably, because it makes absolutely no sense to spend money here and I don't recommend this site to you.
Here scammers brazenly steal money from the client's account, I had my entire deposit of $1,270 written off at night. Raze Markets has an offshore registration somewhere on some islands, any appeal to law enforcement agencies about losing money is doomed to failure in advance. The firm has no real offices anywhere in the world, it's just a scam.
Any transactions with money are very slow here, in particular depositing, and on the platform there are too many requotes, I spent on this useless thing more than 1,200 dollars and all for nothing, because I can not get my money back and back.
I advise you to ignore the bonus program, as this broker never withdrew my 300 bonus dollars...
Intermediary gives you the opportunity to both trade Forex independently and invest money in trust management, i.e. two types of earnings are combined here. So I am very happy that I can choose, and in those moments when I don't feel like trading or don't have any special options, I will give part of my money to investments. Yes, in this case you need a pretty high minimum deposit. Not every trader may have much more money than that to open a trading account. However, the investments I have put under management at razemarkets.com are also profitable, I have a profit from them of at least 10% per month, which is a decent amount. There are no pitfalls with this broker, and most importantly, there are no delays in terms of profit withdrawal, all transactions take place within a couple of days at most.
The services of this brokerage suited my strategy the best. Raze markets is not only suitable for beginners with a small budget, but I would also argue with the opinion of some traders and the reason for this is that I myself have invested a rather high deposit, which is 4 thousand dollars. Everything functions very well on this terminal, as it is easy to trade here, there are all tools and conditions for this. You should also pay attention to the presence of training, which is free, but if you still have difficulties, you can ask for help from the staff, who will never refuse. I managed to reach 3-5% income per week after a month, after registration, I was able to earn more than 5 thousand dollars in trading for six months and constantly withdraw my large profits without problems. I think things will be even better from here on. I would like to note that technical support works around the clock, there is a bonus for depositing, requotes are absent, razemarkets.com has instant execution of orders, and the number of trading instruments exceeds 1000 positions.
A friend invited me to the site of this brokerage company. We were especially pleased with the bonus accruals at Raze Markets. According to this program we both received real dollars on the account, and after a couple of successful trades, we both withdrew the earned money and bonuses in the amount of 50 percent of deposits. On the downside, I would like to point out that the trading platform sometimes freezes, although technical support fixes the problem within half an hour, so the broker has no major problems.
This is a SCAM project. Planned transactions are doomed to failure, the terminal has large slippages, orders are stuck. I lost my small deposit in 2 days. In addition, there are big problems with feedback.
I was assisted by a bad personal expert, I could only trade with him at a loss and lost €540 in a month.
I traded a little bit here and realized that this broker has absolutely no experience, and the goal of this brokerage is to get money from naive traders, and the free training is illiterate, there are all the signs of a scam.
This broker does not have a license. You will receive aggressive phone spam with persuasions to deposit your account and a lot of lies if you leave your phone number on this Internet resource. The brokerage firm is engaged in banal robbery, because everything here works according to a pre-planned scenario. This scenario is that managers take your money and create an illusion of work, i.e. some trades, but actually nothing of this kind happens on razemarkets.com. They just draw trades in the terminal, on which I was even able to make good money in the first month, but then the manager persuaded me to deposit $3.3k and after that the broker does not allow me to withdraw my money!!! This project does not withdraw my money, because they are crooks and it is not profitable for them to return my funds. The essence of their work is to steal your money, not to allow you to earn profit. If you want to save your capital, you should definitely not come here. They simply do not withdraw users' funds.
After I was able to earn 420 USDT trading cryptocurrency here, I decided to try to withdraw my money from here, but all efforts were in vain, because I never waited for the promised payments. Managers promised me at first to fulfill the withdrawal request every day, for a month, and then suddenly blocked the account, that is, raze markets conducts dishonest business, my particular case speaks for itself. It is important to note that I topped up my account with crypto wallet and I am not satisfied with this system, as I had to wait a long time for the top-up, and the return of money is not possible through chargecheck.
I worked here for only a month and a half, as I realized what is the essence of this fraudulent project and I was forced to leave raze markets losing a lot of money, because I invested here seven thousand dollars, this is exactly the amount of money that was stolen from me by these crooks. They just make me lose almost all my balance and that's all, and it was useless to contact the administration, as they do not answer the phone. To start with, the scammers stalled on paying out the balance of about $2.1k and then all my money just disappeared from my account. So I don't recommend you to deal with this dubious company because it is an obvious scam. What else can you expect from a broker that is not even registered anywhere and is not controlled by anyone, as the lawyers explained to me now...
This pseudo-broker has tried everything to make users immediately close its site after reading basic information about the company. I see that Raze Markets is registered offshore, has no license, and there is no word about the date of the company's creation. Are scammers offering us to work with an anonymous resource?! To give money to unknown people, and what will happen to them - also unclear:( This is the most stupid proposal of all that I have met online. You look at this company from the height of your experience - we know nothing about it, it is registered offshore, it has no license and its phone number is fake. Will you invest in it? If yes - then do this experiment, learn on a small deposit. I prefer to learn from other people's experience, and I know how to conclude thanks to red flags on broker sites. And I also do not invest in offshore scams, in companies like Raze Markets, which shout that you will not get money from them.
I emphasize the ease and simplicity of registration on this brokerage site. The broker cares about the safety of clients - you have the opportunity to simply connect an additional method of two-factor authentication and then you will definitely not have to worry about your money account. Raze markets withdraws money promptly, you will not have to wait long for funds to arrive to your bank accounts, the procedure takes no more than a day. Competent project managers will help you to pass profile training. This respected international company offers good prospects for cooperation under the Introducing Broker program. Beginners will get valuable help of technical support here, so I recommend this broker.