What is Rave Fx Trades?
Rave Fx Trades is a forex and CFD broker based in Canada, listed with a foundation year of 2021. It offers leverage up to 1:100, spreads from 1.0 pips and a minimum deposit of $500. Clients trade on MetaTrader 5 for android, iOS, and Windows and on mobile.
Rave Fx Trades is an online trading broker that trades for Forex, Commodity futures, Share indexes, and Energy carries. This broker is based on the MetTrader5 platform. This broker has software for Windows, Android, and iOS platforms.
Rave Fx Trades: Key Facts
There are some advantages of trading with Rave Fx Trades. 100% Account management service for newbie investors with top-notch AI software. This broker has more than 70 trading assets. So, a client can trade more selectively as they have plenty of options. They provide more than 1:1000 leverage to professional traders.
Rave Fx Trades has four types of accounts to serve its clients. All the features in different accounts are described along with the funding ranges.
- Starter Account:- This account has a funding requirement between $500 to $5000. This account holder will get daily profit like all other accounts. 10% referral commission also comes with this account just like other accounts.
- Bronze Account:- This account requires a minimum of $5,000 and the deposit is limited to $30,000. This account comes with a 10% referral commission like the starter account. This account comes with 10GHi hash power.
- Silver Account:- This account requires a minimum $30,000 deposit and the deposit on this account is limited to $100,000. This account gets a 15% referral commission. This account gets 15GHi Hash Power.
- Gold Account:- The deposit in this account is minimum at $100,000 and the maximum deposit is limited to $1,000,000. This account holder will get a 20% referral commission. This account gets 150 GHis Hash Power.
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Is Rave Fx Trades safe and regulated?
Rave Fx Trades is regulated by Rave Fx Trades LLC:- is a member NYSE - FINRA - SIPC and regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
Rave Fx Trades account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $500 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
Rave Fx Trades provides MetaTrader 5 for android, iOS, and Windows, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 1.0 pips on major currency pairs.
- Leverage up to 1:100 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
Rave Fx Trades supports 9 funding methods, including Visa, MasterCard, Bitcoin, Yandex Money, Bank Transfer, Qiwi Wallet and more. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
Rave Fx Trades bonus: <p>This broker is not providing any welcome bonus</p>
How the promotion works
The current Rave Fx Trades promotion is <p>This broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the Rave Fx Trades website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
Rave Fx Trades pros and cons
Pros
- Scalping and hedging allowed
- News trading allowed
- VIP, Mini and managed accounts
- 9 deposit methods including crypto
- Regulated by a tier-1 authority
Cons
- $500 minimum deposit is higher than some rivals
- No Islamic account listed
How to open a Rave Fx Trades account
- RegisterVisit the Rave Fx Trades website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $500 with Visa, MasterCard, Bitcoin or another method.
- Start tradingLog in to MetaTrader 5 for android, iOS, and Windows or the mobile app and set your risk per trade.
Is Rave Fx Trades a good broker? Our verdict
Rave Fx Trades suits active traders who want freedom to scalp or trade the news, plus a wide choice of payment methods. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.