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RazerMarkets
Marshall Islands|2-5 years| https://www.razermarkets.com/#/
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No valid regulatory information, please be aware of the risk!
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RazerMarkets
RazerMarkets
Marshall Islands
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | €250000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
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| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | €50000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:300 |
| Minimum Deposit | €5000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:200 |
| Minimum Deposit | €500 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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RazerMarkets · Company Summary
| IFE MARKETS Review Summary | |
| Founded | 2018-09-18 |
| Registered Country/Region | Seychelles |
| Regulation | Unregulated |
| Market Instruments | CDFs on forex/metals/commodities/indices/shares |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | Low |
| Trading Platform | IFE MARKETS(i0S/Android/Desktop |
| Min Deposit | $200 |
| Customer Support | Phone: +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.
Pros and Cons
| Pros | Cons |
| Various tradable instruments | Unregulated |
| Leverage up to 1:400 | MT4/MT5 unavailable |
| Commission free | |
| Free demo |
Is IFE MARKETS Legit?
IFE MARKETS is not regulated, which makes it less safe than regulated brokers.
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 | ❌ |
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-STANDARD | X-PREMIUM | X-PRO |
| Minimum Deposit | $200 | $2000 | $5000 |
| Spread charges | Standard spreads | Premium spreads | Pro spreads (lowest) |
| Leverage | 1:200 | 1:400 | 1:400 |
| Instruments | Forex | Forex/Metal | Forex/Metal/Commodities |
| Platform | X-Web | X-Web/iOS/Android | X-Web/iOS/Android |
| Free Demo a/c | 2 weeks | 1 Months | Unlimited |
IFE MARKETS Fees
IFE MARKETS claims to provide low spreads and no commission.
Leverage
The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.
Trading Platform
IFE MARKETS has a proprietary iOS, Android, and Desktop trading platform.
| Trading Platform | Supported | Available Devices |
| IFE MARKETS | ✔ | iOS/Android/Desktop |
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.
Customer Support Options
Traders can contact IFE MARKETS via phone and email.
| Contact Options | Details |
| Phone | +442033181550 |
| support@lFEMarkets.com | |
| Supported Language | English |
| Website Language | English |
| Physical Address | Global Investment House LimitedSuite 3 Jiva's complex, Mont Fleuri Mahe, Seychelles |
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