About RAKIZ
Company Background
Rakiz Capitals is a retail forex and CFD broker registered in Saint Lucia, founded on 13 May 2025. The company is headquartered at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia. As a relatively new entrant in the online trading industry, the broker operates without any known regulatory oversight from major financial authorities. This lack of regulation represents a significant consideration for traders evaluating the safety of their funds.
The broker's official website presents a professional image, offering multi-asset trading services including forex, indices, commodities, and cryptocurrencies. However, the absence of audited financial disclosures or independent regulatory oversight means that traders must rely solely on the broker's own claims regarding operational integrity.
Regulatory Status
Our review confirms that Rakiz Capitals holds no valid regulatory licence from any recognised financial regulator. The broker is registered in Saint Lucia, a jurisdiction that does not impose strict regulatory requirements on forex brokers. This means that client funds are not protected by compensation schemes, nor is the broker subject to mandatory reporting or audits. Traders should be aware that dealing with unregulated brokers carries heightened risk, including potential difficulties in dispute resolution or fund recovery. In FXCanary's assessment, the absence of regulation is a critical red flag that elevates the broker's risk profile.
Account Types and Conditions
Rakiz Capitals offers three main account types designed to cater to different trader experience levels and capital sizes. The Standard account is the entry-level option with a $50 minimum deposit, spreads from 1.2 pips, and no commission, making it accessible for beginners. The Prime account requires a $100 deposit and offers tighter spreads from 0.8 pips with a $2 per lot commission, suiting more active traders. The ECN Pro account is aimed at professional traders with ultra-low spreads starting from 0.0 pips and the same commission structure as Prime.
All account types provide leverage up to 1:500, although the website also mentions leverage up to 1:1000 and 1:3000 in specific contexts. This high leverage can amplify both profits and losses, and traders should exercise caution. The broker supports both MetaTrader 4 and MetaTrader 5 platforms, which are industry standards offering advanced charting and automated trading capabilities.
Trading Instruments
The broker claims to offer over 1,000 tradable instruments spanning multiple asset classes. This includes major, minor, and exotic forex pairs, stock indices, precious metals like gold and silver, energy commodities, and a range of cryptocurrencies such as Bitcoin and Ethereum. The availability of crypto trading with leverage up to 1:100 is a notable feature for those interested in digital assets.
For forex traders, the broker promotes tight spreads and high liquidity, leveraging the massive daily volume of the forex market. The inclusion of raw spreads (starting from 0.0 pips) on the ECN Pro and certain bonus accounts is intended to appeal to scalpers and high-frequency traders. However, without independent verification of execution quality or spread consistency, these claims remain unsubstantiated.
Deposits and Withdrawals
The minimum deposit across all accounts is $50, with a higher threshold of $100 for the Prime and ECN Pro accounts. The broker's website does not provide detailed information on available payment methods, but typical options for unregulated brokers include credit/debit cards, bank transfers, and e-wallets. Withdrawal policies are not clearly stated, which is a common concern with new brokers.
Traders should verify the broker's terms regarding withdrawal fees, processing times, and any potential restrictions before funding their accounts. The lack of regulatory oversight means that there is no external guarantee of fund segregation or timely withdrawals.
Target Audience
Rakiz Capitals positions itself as a broker suitable for both beginner and experienced traders. The low minimum deposit on the Standard account makes it accessible to retail traders with limited capital, while the ECN Pro account aims to attract volume traders seeking raw spreads. The broker also offers a demo account for practice, which is a common feature for onboarding new clients.
However, given the unregulated status and the broker's very recent establishment (May 2025), it is primarily suited for traders who are willing to accept a high level of risk and who have performed their own due diligence. Conservative traders or those requiring regulatory protection are advised to consider regulated alternatives elsewhere.
Overview compiled by FXCanary from regulatory records and public data. full RAKIZ review