✔️ Information reviewed and updated in October 2024 by Eduardo López

Skycapital opinion

Opinions and information about the broker RaxTrade

 

¿It is the really reliable RaxTrade broker (aka raxtrade.com)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.

Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.

The RaxTrade broker is a broker of: Forex, cryptocurrencies and CFDs.

The broker mentions to be part of: ROI STOCK LIMITED.

RaxTrade is based in: Saint Vincent and the Grenadines.

If we talk about regulation, the RaxTrade website does not mention absolutely anything about being regulated, RaxTrade is an unregulated broker.

Skycapital website
RaxTrade website

 

We will continue to analyze the different account types that RaxTrade offers. In the case of RaxTrade we note that it does not offer information about having different types of account.

 

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The platforms used to trade are: they do not mention it, we believe that RaxTrade's own platform.

Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that RaxTrade offers, an explanation of basic concepts of the investment world, some live charts, economic calendar , financial event news, pip calculator, really not much else.

 

RaxTrade Features

 

 

Would you like to know the best 2021 broker ? Find out HERE

 

Additional information about the company

 

Phone number: +44 2039 361 222

E-mail: [email protected]

Website: raxtrade.com

Clarification: The investment company RaxTrade works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.

* Bonuses or promotions: None by the moment

 

RaxTrade valuation

Caution: unregulated broker

With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.

Why? It is an unregulated broker, it is based in very unsafe countries (Saint Vincent and the Grenadines), when looking for information and other reviews about RaxTrade we found a lot of negative reviews. 

July 2020 update: CONSOB, Italy's financial regulator, has reported to RaxTrade for fraudulent activities.

Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.

 

Are you part of RaxTrade? Are you a representative or worker of the company? Write to us here >> use this form << 

 

↓ ↓ ↓ Traders and users score

Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

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Review Rating

10 comments on «RaxTrade - raxtrade.com»

  1. John j Reply

    hello good morning then there is no way to get the money back ?? I've also been scammed by these raxtrade thieves

    They pose as finance and investment experts and end up stealing all your money

    We should report these sewer rats thieves expert robberies is what they are motherfuckers

    • reliableforexbroker.com Reply

      Hello John, if there is one, we recommend that all those affected try to recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:

      /

      Greetings.

  2. cheated Reply

    We are a small group at the moment of affected by rax trade and we are looking for more affected people. Already being run by a law firm

    • reliableforexbroker.com Reply

      Hello scammed, we thank you for sharing with us your experience with the RaxTrade broker.

      Do you have any other information about the broker (such as names of advisers, emails, phone numbers)?

      All the best

    • anonymous Reply

      Hi Jose Ignacio, I was scammed @ by tradobit which are the same company. I would be interested in joining the group

      • reliableforexbroker.com

        Hello Anonymous @, this broker RaxTrade is a SCAM, many investors have reported RaxTrade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. Almost everything they claim on their website is FALSE, not trusting anything their advisers or salespeople say is all FALSE.
        Many customers have complained about NOT BEING ABLE TO WITHDRAW YOUR MONEY.
        ALL positive comments from this broker are FALSEThey are made by their own workers to confuse investors.
        We recommend all those affected to try recover the money through companies specialized in this type of management from chat what we have on the web or in the following link:
        /

        Greetings.

  3. Jose Ignacio Carreño Reply

    I have been a client for 4-5 months. The capital I have invested is very small, the results are even smaller. I don't know anything about the stock market, the information they give me is exclusively that of my account. I do not know if I chose well or not, only that the little that I put moves very slow for the advertising, which they have on their page.

    • reliableforexbroker.com Reply

      Hi Jose, we thank you for sharing with us your experience with the RaxTrade broker. It sounds very, very bad what you say, and above all, it speaks very badly of the broker RaxTrade.

      Do you have any other information about the broker (such as names of advisers, emails, phone numbers)? Try withdrawing.

      All the best

    • vasile vasluianu Reply

      I will never give you money back because I have a scam company thieves jo I have the name of the broker Pablo Gutierez of the "director Sarah Novac" I have capture of pants with my account 9500 I have all the tests everything are thieves because the other company accepts them?

      • reliableforexbroker.com

        Hi Vasile, send all the information you have, do you have his real address? Do you know where their commercials are calling from? This broker RaxTrade is a SCAM, many investors have reported RaxTrade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. Almost everything they claim on their website is FALSE, not trusting anything their advisers or salespeople say is all FALSE.
        Many customers have complained about NOT BEING ABLE TO WITHDRAW YOUR MONEY.
        ALL positive comments from this broker are FALSEThey are made by their own workers to confuse investors.
        We recommend all those affected to try recover the money through companies specialized in this type of management from chat what we have on the web or in the following link:
        /

        Greetings.

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