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RaiseFX Review
RaiseFX holds a real FSCA license in South Africa, but France and Spain have both issued unauthorized firm warnings, and users report withdrawal deductions and frozen accounts.
Min Deposit
$100
Spreads From
Near 0 pips on some pairs, with a sample EURUSD spread of about 1.5 pips seen by WikiFX
Max Leverage
Up to 1:500 depending on the asset class
Platforms
MetaTrader 5
Pros
- Was founded in November 2021 by David Bottin, a former AvaTrade France managing director.
- Runs on MetaTrader 5 with a genuine full license, after moving over from MT4 in 2023.
- Offers more than 500 assets across forex, indices, crypto, stocks, and commodities.
- Grew fast, passing 100,000 claimed clients by its own count in early 2026.
Cons
- France's AMF and Spain's CNMV have both listed RaiseFX as an unauthorized firm.
- Its FSCA license carries a General Registration status, weaker than a full approval.
- A 2024 WikiFX field visit could not confirm a listed Johannesburg office address.
- Client reports describe surprise withdrawal deductions and sudden account freezes.
- Its own site claims 25 plus years of experience, though its own timeline shows a 2021 founding.
RaiseFX was founded in November 2021 by David Bottin, a former AvaTrade France managing director, and is run by Raise Global SA (Pty) Ltd in Sandton, South Africa. It offers more than 500 assets across forex, indices, crypto, stocks, and commodities on MetaTrader 5, with leverage up to 1 to 500.
The broker holds an FSCA license in South Africa, number 50506, but that entry carries only a General Registration status, a weaker tier than a full approval. France's AMF and Spain's CNMV have both listed RaiseFX as an unauthorized firm in public warnings, and a 2024 WikiFX field visit could not confirm a listed Johannesburg office.
Client feedback is genuinely mixed. Several users praise fast withdrawals and responsive support, while others report surprise deductions, sudden account freezes, and accusations of banned trading strategies. RaiseFX's own site claims 25 plus years of experience, though its own published timeline shows a 2021 founding.
Min. Deposit
USD 100
Max Leverage
Up to 1:500 depending on the asset class
Spreads From
Near 0 pips on some pairs, with a sample EURUSD spread of about 1.5 pips seen by WikiFX
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
