Raven Securities Corp has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Note: this company is not connected and should not be confused with the legitimate firm Raven Securities Corp. Level 34 40 Wall Street NEW YORK 10022 Ph: 212 668 8700 SEC#8-40372 CRD#3520.
Phones: 1 212 401 6231, fax 1 212 401 6235
Addresses: 40 Wall Street NEW YORK 10022 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.raven-sec.com.
Raven Securities Corp has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Demo account available|Copy trading available|Fast deposits|Great customer service
Cons: Onboarding videos are outdated
After since I retired last year with Raven Securities Corp I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Real-time alerts|Demo account available|Easy to use platform
Cons: Cannot customize dashboard fully|None so far
I have been trying to close my account with Raven Securities Corp for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Segregated accounts|Customizable dashboard
Cons: Help articles are sometimes vague
Opened my account with Raven Securities Corp after seeing their ad online and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Fast support response|Two-factor authentication|Regular platform improvements|Reliable uptime
Cons: Would like more payment methods
The mobile app from Raven Securities Corp is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Tax reports included|Smooth onboarding
Cons: Cannot customize dashboard fully|Inactivity fee applies after 12 months
I lost a significant amount because Raven Securities Corp did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Educational resources|Clean UI|Customizable dashboard|Quick verification
Cons: No integrated tax optimization|Spreads widen during volatile periods
I had high hopes for Raven Securities Corp from a review site like this one, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Smooth onboarding|Professional team|Multiple order types
Cons: Email notifications too frequent
I trusted Raven Securities Corp with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Clear documentation|High security standards|Transparent fees|Market news feed
Cons: Minimum deposit could be lower
My withdrawal request from Raven Securities Corp has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Automated trading options|Easy withdrawals|Portfolio tracking tools
Cons: No crypto staking|Desktop app not available on Linux
I opened an account with Raven Securities Corp for the past year and a half ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Great customer service|Excellent charting|Social trading features
Cons: Nothing significant|Website design could be more modern