Raze Markets (razemarkets.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +44 (0) 7123 456 789
Addresses: 48 Dan Pienaar Circle Plumstead Cape Town Western Cape 7800 South Africa This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: razemarkets.com.
My withdrawal request from Raze Markets (razemarkets.com) 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: Intuitive for beginners|Reliable uptime|Competitive fees
Cons: Charting tools need more indicators|Search feature is basic
KYC with Raze Markets (razemarkets.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Regular platform improvements|Two-factor authentication|Segregated accounts|Personal attention
Cons: Limited demo account features
Raze Markets (razemarkets.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Regular updates|Regular platform improvements
Cons: Email notifications too frequent
If you are reading this considering Raze Markets (razemarkets.com) - run. I wish I had read more negative reviews while looking for alternatives to my previous provider. I thought the positive ones were real. Maybe some are. My experience over for roughly four months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Transparent fees|Quick verification
Cons: Slow to add new assets
The platform at Raze Markets (razemarkets.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a couple of months now of dealing with this, I have had enough.
Pros: Demo account available|Low minimum deposit|Stable platform|Multi-currency support
Cons: Limited ETF selection
Raze Markets (razemarkets.com) locked my account without warning and demanded documents I had already submitted. for the past six months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Two-factor authentication|Educational resources|Wide product range|Easy withdrawals
Cons: Withdrawal takes 1-2 business days
I am in a dispute with Raze Markets (razemarkets.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Customizable dashboard|Automated trading options|Reliable uptime|Good mobile app
Cons: Slow to add new assets
The platform itself is okay, but the customer service at Raze Markets (razemarkets.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Fast support response|Quick verification|Helpful community forum
Cons: Onboarding videos are outdated|Alert system is basic
I opened an account with Raze Markets (razemarkets.com) since I retired last year 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: Copy trading available|Social trading features|Low minimum deposit
Cons: Research section could be deeper
Do not be fooled by the professional-looking website. Behind the scenes, Raze Markets (razemarkets.com) is disorganized and incompetent. I found them through a financial advisor and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Fast deposits|Helpful community forum|Personal attention
Cons: No integrated tax optimization|Slow to add new assets