Razer Markets is a new unregulated offshore Crypto & Forex CFD Broker, that opened in August 2020.
Officially they are owned and operated by: RazerMarkets Ltd, and they are located is a Post Office box at: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. No phone number is listed for this broker. The contact email address is: [email protected]. Official website is: https://www.RazerMarkets.com.
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Razer Markets Review
Razer Markets offers day traders & new investors the basic web-based trading platform made by PandaTS. This web based trading software is used by many white label brokers, because it is easy to use, and it integrates with get rich quick funnels. It is made for newbie Crypto investors, who don’t want to take the time to learn a professional trading software like MetaTrader4. You will not find any mobile trading apps at this broker, but you can use their MT4 platform.
We can see that they are offering CFD trading on many underlying assets including; Forex, Commodities, Crypto, Individual Shares and Market Indexes. Leverage / margin rates on Forex is 100:1 and on Crypto 1:1. Minimum deposit requirement for a new trading account is $250, and the minimum withdrawal is $50.
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Is Razer Markets a Legit Broker?
No, Razer Markets is not licensed and not regulated. All online brokers must be regulated and licensed in the country they operate, for example; ASIC in Australia or the FCA in the United Kingdom.
The way that Scam Broker Investigator reviews a new Forex broker to see if they are legitimate or a scam, is by checking for a valid license. Before investing your money, read some real reviews of licensed brokers, and also look at the popular brokers listed here.
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An intelligent person like yourself, should test out a few licensed CFD brokers, before choosing the best brokerage firm for your trading style.
Try a Free Demo of their amazing trading app, signup here.
If you currently have investments at Razer Markets, please share your experience with other investors, in the comments section below.