BrokersView
Search
Download
English
Sign In

Raze Global Markets

Save

Operating status: SCAM

Website: https://www.razemarkets.com/

Broker violations and abnormal records
  • 2024-04-28 BrokersView has Reviewed that Raze Global Markets is an Unregulated Broker

    According to its website, it claims to be registered in Saint Lucia, but a search found no matching information. In addition, it's worth noting that Saint Lucia does not regulate foreign exchange.

    Furthermore, it mentions UAE in the address. Upon investigation, no matching information was found in the Central Bank of the United Arab Emirates (CBUAE), Dubai Financial Services Authority (DFSA), Securities and Commodities Authority (SCA).

    The truth is that Raze Global Markets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. 

    Therefore, Raze Global Markets is a scam.

    According to its website, it claims to be registered in Saint Lucia, but a search found no matching information. In addition, it's worth noting that Saint Lucia does not regulate foreign exchange.Furthermore, it mentions UAE in the address. Upon investigation, no matching information was found in the Central Bank of the United Arab Emirates (CBUAE), Dubai Financial Services Authority (DFSA), Securities and Commodities Authority (SCA).The truth is that Raze Global Markets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, Raze Global Markets is a scam.

Related Complaints

Q&A

Can I open an account in RUB on Raze Global Markets?

Chris A Zacharia
Bermuda
2024-05-06
ANSWER We strongly advise against engaging with Raze Global Markets, a broker that lacks proper licensing.Despite its assertions of registration in St. Lucia, our investigation has not uncovered any corresponding entries in the Money Services Registry of the Financial Services Regulatory Authority (FSRA) in St. Lucia. This raises questions about its legitimacy within that jurisdiction. Furthermore, it's important to note that St. Lucia does not license forex trading activities.Given its unlicensed status, Raze Global Markets presents significant risks. Investors who transact with this broker are not safeguarded by legal protections. To avoid such risks, we recommend steering clear of Raze Global Markets and similar unlicensed brokers, and instead choosing brokers that are fully regulated.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.