Raw Forex

Company Overview

Raw Forex was established on November 11, 2015, and is registered in Poland. The broker is unregulated, which makes it a higher-risk option compared to licensed providers. It caters to institutional, high-net-worth, and retail clients by offering multi-asset and multi-market trading through Forex and CFD products.

Traders can access various instruments such as currency pairs, crude oil, metals, indices, CFDs, and cryptocurrencies. Raw Forex supports the MT4 platform across devices (mobile, web, Windows, and macOS) and allows leverage of up to 1:500. The spreads start from 0 pip, and the minimum deposit requirement is $0.

Pros and Cons

Pros

• Leverage up to 1:500

• Spreads starting from 0 pip

• 24/7 customer support available

• Demo account option

• Multiple tradable markets

• MT4 platform supported

Cons

• Completely unregulated

• No clear details on transfer times or fees

• Swap fee information not transparent

Is Raw Forex Legit?

Raw Forex is not a regulated broker, meaning traders face a higher level of risk compared to working with regulated providers.

Tradable Instruments

Raw Forex offers:

• 62 currency pairs

• Crude oil

• Forex

• Metals

• CFDs

• Indices

• Cryptocurrencies

Products such as stocks, ETFs, bonds, mutual funds, and general commodities are not available.

Account Types

Raw Forex provides four real trading accounts (Micro, Classic, Raw, and VIP) alongside a demo account for practice and education. All real accounts allow Islamic options.

• Micro: $100 minimum deposit, spread from 2 pips, leverage 1:100, no commission.

• Classic: $1,000 minimum deposit, spread from 1.8 pips, leverage 1:100, no commission.

• Raw: $5,000 minimum deposit, spread from 0.4 pips, leverage 1:100, commission required.

• VIP: $10,000 minimum deposit, spread from 1.2 pips, leverage 1:100, no commission.

All accounts support a minimum trade volume of 0.01 lots.

Fees

Spreads can be as low as 0 pip, which means liquidity is executed faster. However, swap fee policies remain unclear.

Leverage

The broker provides a maximum leverage of 1:500. This can significantly amplify both profits and losses, so it requires careful risk management.

Trading Platform

Raw Forex exclusively uses the MetaTrader 4 (MT4) platform, which is available on mobile devices, web browsers, Windows, and macOS. MT4 is widely used among beginner and intermediate traders due to its stability, strategy testing tools, and EA (Expert Advisor) compatibility.

Deposit and Withdrawal

The minimum deposit requirement is $0. Funding and withdrawals can be made using Visa, MasterCard, Maestro, Skrill, Neteller, and bank transfers. However, Raw Forex does not provide transparent details about processing times or potential fees.