✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company RaiseFX is a safe company or an unreliable company. Read our full analysis to find out everything!

We have carried out a thorough analysis of the website, looking at every detail and examining the main characteristics that are considered when choosing a good broker, such as the location, the company it belongs to, its regulation and its reputation.

Below, we will present essential information about RaiseFX and explain why we have come to this conclusion.

Basic Information

🌐 Websiteraisefx.com
🏠 Company*Mentions being part of Raise Global SA (Pty) LTD
RegulatoryMentions being regulated in FSCA (South Africa)
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressMentions being located at Portside Building 4 Bree street, 8000 Cape Town, South Africa
🕑 Website ageWebsite registered on: 2019-09-16
Company typeCryptocurrency broker, cfds, forex and mforex, cryptocurrencies, indices, stocks and raw materials

Company: ⚠️ RaiseFX is owned by Raise Global SA (Pty) LTD.

Location: ⚠️ RaiseFX mentions being located in South Africa, a location totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company.

We can already tell you that we are concerned about several characteristics of this company.

What is RaiseFX?

After having carried out a thorough analysis of the company's website, we can affirm that RaiseFX is a broker that offers a wide range of services, including forex, cryptocurrencies, indices, stocks and commodities.

Account types

The company does not provide information about having different types of accounts.

Information on the web

Raise website

Here we show you a screenshot of the RaiseFX website, which is raisefx.com. The capture was made in May 2024.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number: 18605772051

– We have found the following email: [email protected]

* RaiseFX regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

This company claims to be regulated in South Africa, however this location is used because regulation in this country is virtually non-existent. In reality, working with a broker under this regulation is almost equivalent to working with one that is not regulated at all. That is, if you work with a broker with this type of regulation, unfortunately you are 100% unprotected. Therefore, at the regulatory level, unfortunately RaiseFX is a completely dangerous and very unsafe broker.

🚫 Final RaiseFX Rating 🚫

As you can see, we have carried out a detailed and complete analysis of the most important features of RaiseFX and we have reached the following conclusions about this company:

Location: They mention being located in a VERY UNSAFE location such as South Africa.

Regulatory: They mention being regulated by a very unserious and, above all, unsafe regulator, such as South Africa. There is a clear lack of security at the regulatory level.

RaiseFX presents itself as a broker that covers a wide range of financial services, from forex to cryptocurrencies, indices, stocks and commodities. However, its stated location in South Africa raises significant concerns regarding its security and reliability. Choosing a location known for its virtually non-existent regulation suggests a lack of transparency and commitment to regulatory best practices, leaving potential clients feeling unprotected and at risk.

Regarding regulation, the fact that RaiseFX mentions being regulated by a South African authority, which is considered not very serious and safe in regulatory terms, further deepens concerns about the company's security. This lack of regulatory certainty raises serious questions about the integrity and transparency of RaiseFX, warning potential investors to proceed with extreme caution before considering any business relationship with this company.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. It is advisable to exercise extraordinary caution in the presence of various risk signs. 🚨🚨

Updates

RaiseFX News: There are no RaiseFX updates at the moment.

User Reviews

[democracy id = ”8921 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with RaiseFX.

At the end of the review you will find customer comments.


How to Claim Money Scammed by RaiseFX

To claim money scammed by RaiseFX, we recommend that you consult our FAQ section, where you will find useful tips and resources to recover your capital.

How to Report RaiseFX

If you wish to report RaiseFX due to your dissatisfaction with their services, or for any reason, we suggest that you review our FAQ section to find the best way to file a report against this company.

FAQs

Are there (recommended) alternatives to RaiseFX?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report RaiseFX?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is RaiseFX reliable?

No. RaiseFX is not reliable, it is a very unsafe company: The broker has many concerns, mentioning that it is regulated and located in South Africa, it is very dangerous.

How to recover money from RaiseFX?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «RaiseFX: opinion and comments – Is it a scam?»

  1. Martu Reply

    This company is not trustworthy. My husband was scammed, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Martu, thanks for writing about RaiseFX. Currently, this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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