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RazerMarkets

Marshall Islands|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.razermarkets.com/#/

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https://www.razermarkets.com/#/

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No valid regulatory information, please be aware of the risk!

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Company Name

RazerMarkets

Abbreviation

RazerMarkets

Platform registered country and region

Marshall Islands

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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RazerMarkets · WikiFX Survey

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RazerMarkets · Company Summary

IFE MARKETS Review Summary
Founded2018-09-18
Registered Country/RegionSeychelles
RegulationUnregulated
Market InstrumentsCDFs on forex/metals/commodities/indices/shares
Demo Account
LeverageUp to 1:400
SpreadLow
Trading PlatformIFE MARKETS(i0S/Android/Desktop
Min Deposit$200
Customer SupportPhone: +442033181550
Email: support@lFEMarkets.com

IFE MARKETS Information

IFE MARKETS is a broker. The tradable instruments with a maximum leverage of 1:400 include CDFs on forex, metals, commodities, indices, and shares. The minimum spread is low and the minimum deposit is 0. IFE MARKETS is still risky due to its unregulated status and high leverage.

IFE MARKETS Information

Pros and Cons

Pros Cons
Various tradable instrumentsUnregulated
Leverage up to 1:400MT4/MT5 unavailable
Commission free
Free demo

Is IFE MARKETS Legit?

IFE MARKETS is not regulated, which makes it less safe than regulated brokers.

Is IFE MARKETS Legit?
Is IFE MARKETS Legit?

What Can I Trade on IFE MARKETS?

Traders can choose different investment directions because the broker provides CDFs on forex, metals, commodities, indices, and shares.

Tradable Instruments(CDFs)Supported
Forex
Commodities
Indices
Metals
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on IFE MARKETS?
What Can I Trade on IFE MARKETS?

Account Type

IFE MARKETS has three types of accounts with free demo a/c: X-STANDARD, X-PREMIUM, and X-PRO. The X-PRO requires a minimum deposit of $5,000. Traders with a sufficient budget can open an X-PRO account and those who want low spreads and low leverage can choose an X-STANDARD account.

Account Type X-STANDARDX-PREMIUMX-PRO
Minimum Deposit$200$2000$5000
Spread chargesStandard spreadsPremium spreadsPro spreads (lowest)
Leverage1:2001:4001:400
InstrumentsForexForex/MetalForex/Metal/Commodities
PlatformX-WebX-Web/iOS/AndroidX-Web/iOS/Android
Free Demo a/c2 weeks1 MonthsUnlimited
Account Type
Account Type

IFE MARKETS Fees

IFE MARKETS claims to provide low spreads and no commission.

IFE MARKETS Fees

Leverage

The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Leverage

Trading Platform

IFE MARKETS has a proprietary iOS, Android, and Desktop trading platform.

Trading PlatformSupported Available Devices
IFE MARKETSiOS/Android/Desktop
Trading Platform
Trading Platform

Deposit and Withdrawal

The minimum deposit is $200. IFE MARKETS offers multiple deposit and withdrawal methods that can be processed within a week, including bank wire transfer, credit/Debit card, and Neteller. However, by withdrawing money via bank transfer traders will pay approximately $20.

Deposit and Withdrawal

Customer Support Options

Traders can contact IFE MARKETS via phone and email.

Contact Options Details
Phone +442033181550
Email support@lFEMarkets.com
Supported Language English
Website Language English
Physical Address Global Investment House LimitedSuite 3 Jiva's complex, Mont Fleuri Mahe, Seychelles
Customer Support Options
Customer Support Options

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