About RAW FOREX
Company Overview
RAW FOREX is a retail forex and CFD broker established on 3 April 2019 and registered in Saint Vincent and the Grenadines. Its business address is located at Fulya Sehit Niyazisok, 19A, Sisli, Istanbul, Turkey. The broker targets institutional, high-net-worth, and retail clients, offering multi-asset derivative trading across forex, indices, commodities, and cryptocurrencies.
The company presents itself as a relatively new entity with experienced management, emphasizing customer support and competitive pricing. However, it operates without any known regulatory authorisation from a major financial regulator, which is a significant consideration for traders evaluating counterparty risk.
Regulation and Safety
Our records indicate that RAW FOREX is not licensed by any recognised financial regulator. The firm is incorporated in Saint Vincent and the Grenadines, a jurisdiction that does not impose mandatory forex broker regulation. This lack of oversight means there is no independent recourse for clients in case of disputes or financial loss.
Traders should be aware that unregulated brokers carry higher risk, including potential issues with fund segregation, transparency of operations, and limited legal protection. FXCanary's Scam Risk Score of 75/100 reflects these concerns.
Account Types
RAW FOREX offers four live account tiers: MICRO (minimum deposit $100, spread from 2 pips), CLASSIC ($1,000, spread from 1.8 pips), RAW ($5,000, spread from 0 pips), and VIP ($10,000). All accounts feature a maximum leverage of 1:100, base currencies USD and EUR, negative balance protection, and an Islamic account option. No commission is charged on any account type.
The varying minimum deposits and spreads cater to different trader profiles, from beginners to high-volume traders. However, the leverage cap is relatively conservative compared to some offshore brokers that offer up to 1:500.
Trading Platforms and Technology
The broker provides the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are industry-standard tools for forex and CFD trading. These platforms support automated trading via Expert Advisors, trading signals, and mobile/web access. RAW FOREX also claims to use proprietary No Dealing Desk (NDD) ECN technology that connects directly to multiple liquidity providers for better pricing and execution.
While the technology described is common among reputable brokers, the absence of regulatory oversight makes it difficult to verify the actual execution quality and liquidity arrangements.
Available Markets
According to the broker's website, traders can access a range of instruments including major and minor currency pairs, commodity CFDs (gold, silver, oil, copper, agricultural products), index CFDs (Wall Street 30, US Tech 100, UK 100, etc.), and cryptocurrencies. The broker highlights zero financing and commission charges on CFD trades.
The offered product range is typical for a retail CFD broker, though the specific number of instruments and contract details are not extensively disclosed.
Customer Support and Contact
RAW FOREX states it offers multilingual customer support 24 hours a day, five days a week via phone, email, and live chat. The contact numbers provided are +96171805080 and +905387296031. The business address is in Istanbul, Turkey, while the registered address is in Saint Vincent and the Grenadines.
Presence on Facebook and Instagram is mentioned, but the extent of social media activity and client feedback is limited.
Overview compiled by FXCanary from regulatory records and public data. full RAW FOREX review