RaiseFX operates as a CFD broker in South Africa, offering trading services across various financial instruments. Here provides detailed information about the company’s operations, services, and regulatory status.
Trading Platforms
RaiseFX utilizes the MetaTrader 5 (MT5) platform for trading operations. MT5 offers:
- Desktop versions for Windows, macOS, and Linux
- Mobile applications for iOS and Android devices
- Web-based trading interface
- Over 80 built-in technical indicators
- Support for automated trading via Expert Advisors (EAs)
Company Background
RaiseFX, established in November 2021, has rapidly expanded its presence in the financial trading sector. Key details include:
- Full name: Raise Global SA (Pty) LTD
- Company registration number: 2018/616118/07
- Regulatory body: Financial Sector Conduct Authority (FSCA)
- FSCA license number: 50506
Available Trading Instruments
RaiseFX provides access to more than 500 trading instruments across various asset classes:
- Forex: Over 60 currency pairs
- Indices: Major global stock indices
- Cryptocurrencies: Popular digital assets
- Commodities: Precious metals, energy products
- Stocks: CFDs on international company shares
Account Types
Two primary account types are available:
- Real Account: For live trading with real funds
- Demo Account: Practice account with virtual funds
Trading Conditions
Leverage
Maximum leverage varies by asset class:
- Forex: Up to 1:500
- Indices: Up to 1:200
- Cryptocurrencies: Up to 1:33
- Commodities: 1:20 to 1:500
- Stocks: Up to 1:10
Spreads
RaiseFX offers competitive spreads on major instruments:
| Instrument | Typical Spread (in pips) |
| EUR/USD | From 14 |
| GBP/USD | From 14 |
| Bitcoin | From 1092 |
| Gold | From 26 |
Minimum Deposit
The minimum deposit requirement stands at 200 EUR or equivalent in other accepted currencies.
Deposit and Withdrawal Methods
RaiseFX supports various payment options:
- Bank wire transfer
- Credit/debit cards
- E-wallets
- Cryptocurrencies
Withdrawal process:
- Submit a withdrawal request through the client portal
- Receive confirmation email within 24 hours
- Funds typically processed within 2-3 business days
Regulatory Compliance and Security
RaiseFX operates under the regulatory oversight of the Financial Sector Conduct Authority (FSCA) in South Africa. This ensures:
- Adherence to strict financial standards
- Regular audits and reporting
- Client fund segregation
- Transparent business practices
Customer Support
Support channels include:
- Phone: +44 2045798075
- Email: [email protected]
- Live chat: Available on the official website
Company Offices
RaiseFX maintains two physical offices in South Africa:
- Cape Town: Portside Building, 4 Bree Street, Cape Town, 8001
- Johannesburg: 114 Oxford Road, Rosebank, Gauteng, 2196
Educational Resources
RaiseFX provides educational materials for traders:
- Market analysis
- Trading tutorials
- Video lessons
- Economic calendar
Partnership Programs
RaiseFX offers partnership opportunities for:
- Trading coaches
- Signal providers
- Social traders
- Indicator and EA developers
- Web marketers
- Influencers
Partnership models include:
- CPA (Cost Per Acquisition)
- Revenue share
- Rebates
- Custom arrangements
Risk Warning
Trading CFDs involves significant risk. Traders should:
- Assess their financial capabilities
- Understand market principles
- Review all legal documents provided by RaiseFX
Account Opening Process
To open an account with RaiseFX:
- Visit the official RaiseFX website
- Click on “Open a Real Account”
- Complete the registration form
- Verify your email address
- Submit necessary documentation for verification
- Fund your account
- Start trading
Verification Requirements
Documents typically required for account verification:
- Proof of identity (passport or national ID card)
- Proof of residence (utility bill or bank statement, not older than 3 months)
Trading Platform Installation
To set up the MetaTrader 5 platform:
- Download MT5 from the official MetaQuotes website
- Install the application on your device
- Launch MT5 and enter your RaiseFX login credentials
- Configure your trading preferences
Mobile Trading
RaiseFX supports mobile trading through:
- MT5 mobile apps for iOS and Android
- Web-based trading interface accessible via mobile browsers
Features of mobile trading:
- Real-time quotes
- Chart analysis tools
- Order placement and management
- Account information access
Social Trading
RaiseFX offers social trading features, allowing traders to:
- Follow successful traders
- Copy trades automatically
- Analyze performance of other traders
- Share trading ideas and strategies
Account Management
Clients can manage their accounts through:
- Online client portal
- MT5 platform
- Customer support assistance
Account management features:
- Deposit and withdrawal requests
- Trading history review
- Account settings modification
- Document submission
Market Analysis Tools
Available analytical resources include:
- Economic calendar
- Daily market reviews
- Technical analysis reports
- Fundamental analysis insights
Trading Hours
RaiseFX provides trading access:
- Forex and metals: 24 hours a day, 5 days a week
- Indices and stocks: According to underlying market hours
- Cryptocurrencies: 24/7 trading
Algorithmic Trading
RaiseFX supports algorithmic trading through:
- Expert Advisors (EAs) on MT5
- Custom indicators
- Automated trading scripts
Traders can:
- Develop their own EAs
- Use third-party EAs
- Backtest strategies using historical data
Fees and Commissions
RaiseFX’s fee structure includes:
- Spreads on all instruments
- Overnight swap rates for positions held beyond the trading day
- Inactivity fees may apply to dormant accounts
Account Currency Options
RaiseFX offers accounts in multiple base currencies:
- EUR
- USD
- GBP
- JPY
- AUD
- CAD
- ZAR
Trading Central Integration
RaiseFX provides access to Trading Central, offering:
- Technical analysis
- Trading ideas
- Market insights
- Customizable alerts
Negative Balance Protection
RaiseFX implements negative balance protection, ensuring:
- Client accounts cannot go into negative equity
- Losses are limited to the deposited funds
User Reviews
1. “RaiseFX has provided me with a smooth trading experience. Their MT5 platform is responsive, and the spreads are competitive. Customer support has been helpful whenever I’ve needed assistance.” – John D., Experienced Trader
2. “As a beginner in forex trading, I found RaiseFX’s educational resources very helpful. The demo account allowed me to practice without risk, and the transition to a real account was seamless.” – Sarah M., New Trader
3. “I appreciate the variety of assets available for trading with RaiseFX. The mobile app works well for managing my positions on the go, and withdrawals have been processed quickly.” – Michael T., Active Trader
Frequently Asked Questions (FAQ)
Account verification usually takes 1-2 business days. Ensure all required documents are clear and up-to-date to avoid delays.
For technical issues:
- Check your internet connection
- Restart the MT5 application
- Clear the platform’s cache
- If problems persist, contact RaiseFX support via email or live chat
To modify your account leverage:
- Log into your client portal
- Navigate to the account settings section
- Select your desired leverage option
- Submit a leverage change request
- Wait for confirmation from RaiseFX support
