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

Comments on RaxTrade

In this section we will analyze the broker RaxTrade (also called raxtrade.com), is a CFDs, Forex and Cryptocurrency broker. Is RaxTrade really recommended for making an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.

You may be wondering why we review RaxTrade. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for invest with an investment company.

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It is worth mentioning that the RaxTrade website does not have a Spanish version, although due to messages from Spanish-speaking clients, we have also decided to review RaxTrade.

We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

Essential information: Who does it belong to? Where is located? Is it a regulated broker?

The broker mentions being part of: MEG TRANS LTD.

 

As to its location, The broker mentions being based in: UK, although we believe that may not be true as they are not regulated by the UK regulator, as they should if they are actually based there. 

 

If we analyze the regulation of the broker: it does not mention anything about being a regulated broker, so we believe that it is an unregulated broker. 

If now we go on to analyze account types offered by RaxTrade, we note that they do not really provide information about owning different types of accounts or plans.

All the  platforms to operate that RaxTrade offers are: we believe that RaxTrade's own platform.

We will now analyze the different resources and aids for the trader that RaxTrade provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.

RaxTrade website
RaxTrade website

RaxTrade provides the following aids or resources to traders or stakeholders: some explanations on investing basics, not much else really.

 

Get your money back - we help you

| Other information about RaxTrade |

 

Some more information in case you want to contact the company, or see its website for yourself.

Website: raxtrade.com

Telephone+44 2039 361 222

Email: [email protected]

 

>>> Assessment on RaxTrade <<

 

Ending with this section, in our opinion Do we believe that the RaxTrade company is reliable? Should you invest your money with the company?

 

The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is not clear where they are based, when looking for reviews about RaxTrade we could not find any reviews, which makes us think that it is a company " new ”, the CNMV has warned about RaxTrade. We suggest using caution.

 

We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?

 

⛔ Attention ⛔: in July 2020 CONSOB added RaxTrade to your list of fraudulent financial companies, for acting without authorization.

 

Attention XNUMX-hour ⛔: According to messages received from clients, RaxTrade is closely linked to TradoBit, a broker with a lousy reputation. WE SUGGEST EXTREME CAUTION ⛔

 

You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.

 

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.

 

We leave a vote open so that traders, clients and users of the broker can vote.

 

[democracy id = ”401 ″]

 

 

 

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.

21 comments on «RaxTrade: Rating and Comments»

  1. vasile vasluianu Reply

    rax trade is all a scam with maximilian, pablo gutierez, sarah novak, all thieves in one company

    • Recommended Brokers Reply

      Hi Vasile, we see that you are the same Tradobit SCAMMERS, thank you for sharing your experience with RaxTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

  2. Clara Reply

    Hello, I have seen on this page domainbigdata .com / nj / vLGUVec6REkPxX2Zq3KLgw
    That these are the same domains and that they are related.
    I have been scammed on tradobit and from what I see they are the same.
    Fraud

    • Recommended Brokers Reply

      Hi Clara, great! We will review your information and update reviews, thank you for sharing your experience with RaxTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      regards

    • Teo Reply

      Hi Clara. Could you tell me in detail how was your scam in Tradobit and who were the people with whom you spoke or exchanged emails, please? Also if you have a phone number. I am also a victim of scam and I want to know if my case is the same as yours. Thank you!

      • Clara

        Hi Teo,
        A certain Felipe contacted me and then they transferred me to a certain Roberto.
        At the beginning I invested € 250 and I saw that it was earning. Later they gave me € 400 so that I could gain confidence. Until then later I put in more money and I saw that whenever I wanted to receive money, they always made excuses for not doing it.
        Pf: they do not invest in the stock market, the names are false and they call from an IP.

        Email with which they contacted me: [email protected]

      • Clara

        Theo,
        I realized the scam myself. It seemed very strange to me that I could not easily access the money and I investigated online

      • Recommended Brokers

        Hello Clara, we see that you are the same Tradobit SCAMMERS, thank you for sharing your experience with RaxTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
        If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

        Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

        To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

        regards

      • Recommended Brokers

        Hello Clara, we see that you are the same Tradobit SCAMMERS, thank you for sharing your experience with RaxTrade. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
        If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

        Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

        To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

        regards

      • Clara

        Theo,
        I realized the scam myself. It seemed very strange to me that I could not easily access the money and I investigated online

  3. Isaac Reply

    I saw an ad on Facebook that looked good, I invested € 250 and later € 1000 more, my contact was Maximilian, and everything was going well, up to almost € 6000. After a while, a certain Brayan contacted as Maximiliano's supervisor, who had been fired for bad investments and who would contact me to see how operations could be resumed.It must be said that there was an active pending operation and I was able to sell until I get € 680,84, which I am trying to recover, but they do not answer.

    Anyway

    DomainsByProxy.com, 14455 N. Hayden Road 85260 Scottsdale Arizona
    IP
    172.67.141.254

    elma.ns.cloudflare.com.
    IP
    108.162.192.154
    Country
    US

    in case it can be of help

    • Recommended Brokers Reply

      Hello Isaac, thank you for providing your comments about RaxTrade and preventing future deceptions or scams, as you can see on our website we give you the option of being able to recover all or part of the money with a company that specializes in it and that has proven to be very effective. :
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      On the other hand, if you have more information about the broker or if you know where its real headquarters are, from where the calls are made, it will help a lot in reporting this supposed broker.

      Greetings and good luck!

  4. Affected Reply

    we are a small group of people affected by rax trade and we are looking for more affected people. Get in touch in this email [email protected]

  5. Alfonso Gonzalez Sanchez Reply

    Hello. I am Alfonso. I invested $ 250. I saw how he did operations and he informed me about them. I fell ill with Covid and I was 2 months without being able to contact. When I did it in the account there was $ 16.000 and Pablo, my supposed Broker, although at first Maximiliano contacted me, he told me that the company, so that the account would not be lost, since it had been discovered, had invested € 5.000. That he had to repay them and thus be able to withdraw the money. I refused and in a few days if I do not receive a response to my emails, I will file the relevant complaint

    • Recommended Brokers Reply

      Hello Alfonso, thank you for providing your comments about RaxTrade and preventing future deceptions or scams, as you can see on our website we give you the option of being able to recover all or part of the money with a company that is specialized in it and that has proven to be very effective. :
      https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/

      On the other hand, if you have more information about the broker or if you know where its real headquarters are, from where the calls are made, it will help a lot in reporting this supposed broker.

      Greetings and good luck!

    • Affected Reply

      Hello Alfonso, we are a small group of people affected and we are looking for more, get in touch in this email that I send [email protected] . Thank you very much and encouragement

  6. Alexandra Reply

    Hello, I found out about this company through Instagram where an ad for a well-known chef appeared, which was obtaining many benefits, when I access the information, it sent me to raxtrade. The name of the advisor is Maximiliano, every 2 days he called me looking for him to invest more money. unpresentable.

    • Recommended Brokers Reply

      Hello Alexandra, thank you for sharing your experience with RaxTrade. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have numbers, emails from which you have been contacted? Do you remember how you found this broker in the first place? Everything you mention about RaxTrade sounds really bad.

      regards

  7. Fernando Reply

    It is a company where the program lacks transparency, apparently everything was going well until I wanted to get the money, I made the request on May 24 and on May 26 they called me to tell me that on the 26th an operation was closed in which $ 9 was invested and $ 380 was lost, and since the money that remained in the account is less than $ 50 and it is done by transfer, I cannot give the money either.

    • Recommended Brokers Reply

      Hello Fernando, thank you for sharing your experience with RaxTrade. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place? Everything you mention about RaxTrade sounds really bad.

      regards

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