About Raze Markets
Overview
Raze Markets, trading under the legal entity Raze Global Markets Ltd, is an online forex and CFD broker established on 27 March 2024. The company is registered in Saint Lucia, with its address at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet. Despite its recent founding, the broker has attracted attention for its account tier structure and marketing of high-leverage trading. As of publication, the broker reports zero employees, though this may reflect a lean operational model or outsourced support.
Regulation
Raze Markets holds a Derivatives Trading License (EP) from the Financial Sector Conduct Authority (FSCA) of South Africa, license number 53229. The FSCA is a recognized regulatory body, but the broker's primary registration in Saint Lucia—an offshore jurisdiction—means it is not subject to top-tier European or UK oversight. Traders should be aware that client protections such as negative balance protection or deposit insurance may not apply. The status of the FSCA license is not specified in available data.
Account Types
The broker offers five account tiers to accommodate different capital levels and trading styles. The Starter account requires a minimum deposit of $250, with spreads from 2.0 pips and leverage up to 1:400. The Trader account ($2,500 min, 1:1000 leverage, spreads from 1.8 pips) targets intermediate traders.
The Trader+ account ($10,000 min) adds a commission of $4 per lot but offers tighter spreads from 1.4 pips. Premium ($50,000 min) and VIP ($200,000+ min) accounts provide further reductions in spreads, down to 0.8 pips for VIP, with leverage capped at 1:300 and 1:500 respectively. All accounts appear to support the MetaTrader 5 platform.
Platforms and Instruments
Raze Markets advertises MetaTrader 5 (MT5) as its primary trading platform, offering advanced charting, algorithmic trading capabilities, and multi-asset execution. The broker claims to provide access to a wide range of instruments including major and minor forex pairs, metals (such as gold and silver), energy commodities (like oil), and cryptocurrencies. However, specific instrument lists are not disclosed in the available data. The broker also highlights features such as high leverage (up to 1:1000 on the Trader account) and swap-free trading options, which may appeal to Islamic traders.
Fees and Spreads
The broker's fee structure is tiered by account type. The Starter account has the widest spreads (from 2.0 pips), while the VIP account offers the tightest (from 0.8 pips). The Trader+ account is the only tier that explicitly includes a commission of $4 per lot, suggesting a hybrid spread-plus-commission model. For other accounts, spreads are quoted as from values, but actual market spreads may vary. No information is available on overnight swap rates, inactivity fees, or withdrawal charges, so traders should verify these directly.
Deposit and Withdrawal Methods
Raze Markets accepts deposits via Visa and Mastercard. The minimum deposit is $10 for the STP account (probably the Starter tier), and a 50% deposit bonus is advertised. Withdrawal methods are not specified in the provided data, but the broker promotes a 24–48 hour withdrawal timeframe. Given the prevalence of withdrawal complaints in user feedback, traders are advised to exercise caution and test the process with small amounts before committing larger funds.
Suitability
Raze Markets positions itself as a broker for both retail and professional traders, offering flexible leverage and multiple account tiers. The low minimum deposit requirement may attract beginners, while the VIP account targets high-net-worth individuals. However, the broker's offshore registration and mixed user reviews—particularly around withdrawals—mean it is best suited for traders who are comfortable with higher risk and have a high tolerance for potential delays. Those prioritizing regulatory safety and seamless payouts may want to consider alternatives.
Overview compiled by FXCanary from regulatory records and public data. full Raze Markets review