RAVEX GLOBAL
Basic Information
Pros and Cons
Pros
- User-friendly platform
- 24/7 customer support
- Regulated by MISA
- Multiple account types available
- Minimum deposit starts at $100
Cons
- Offshore regulation may pose risks
- Concerns about withdrawal processes
- Lack of transparency on fees
- Limited investment options
- Mixed user reviews
Is RAVEX GLOBAL Safe and Legit?
RAVEX GLOBAL, officially known as Ravex LLC, is registered in Comoros and has been operational since 2022, accumulating 2-5 years of experience in the financial services sector. The broker offers trading in forex and CFDs with a minimum deposit of $100, utilizing the MT5 platform, though specific details on spreads and leverage are not readily available.
While RAVEX GLOBAL holds a retail forex license from the Mwali International Services Authority (MISA) in Comoros, it is important to note that this does not meet the regulatory standards of major jurisdictions, making it a higher-risk option for traders due to limited investor protections.
In the trading community, RAVEX GLOBAL is recognized for its user-friendly platform and 24/7 customer support, with general feedback highlighting ease of use and responsive service. However, concerns regarding withdrawal processes and transparency around fees have been noted, indicating a mixed reputation among users.
Is RAVEX GLOBAL a Regulated Broker?
What Are the Regulatory Licenses Held by RAVEX GLOBAL?
RAVEX GLOBAL, officially known as Ravex LLC, holds a retail forex license from the Mwali International Services Authority (MISA) in Comoros. It is important to note that this is an offshore regulation and does not meet the regulatory standards of major jurisdictions, which may pose higher risks for traders due to limited investor protections. Traders should exercise caution when dealing with offshore-regulated entities like RAVEX GLOBAL, as the lack of stringent regulatory oversight may affect the security of their investments.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| MISA | Mwali International Services Authority | Ravex LLC | Active | BF X 2024074 |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
RAVEX GLOBAL prioritizes the safeguarding of client funds by maintaining them in independently regulated bank accounts, separate from the broker’s own assets. However, as the broker operates under offshore regulation from the Mwali International Services Authority (MISA), specific rules regarding fund segregation may differ from those in more stringent jurisdictions.
RAVEX GLOBAL Leverage
The broker offers leverage, but specific maximum leverage multiples by product category are not disclosed. As RAVEX GLOBAL is regulated by MISA, it does not adhere to the leverage limits typically enforced in major jurisdictions. Clients are classified as retail traders under this regulatory framework.
RAVEX GLOBAL Withdrawal Review
How to Contact RAVEX GLOBAL?
RAVEX GLOBAL has faced common complaints related to withdrawal processes, with users expressing concerns about delays and transparency regarding fees. Credible sources of complaints include user reviews and trading forums, where feedback has highlighted a mix of experiences. The broker has a customer support team available 24/7, which indicates a commitment to addressing issues, but specific response times for complaints are not detailed. There appear to be no significant public complaints or large-scale issues reported, and there is no evidence of regulatory penalties or warnings against the broker. Overall, while there are some concerns, the volume of complaints remains low.
Frequently Asked Questions
A1: RAVEX GLOBAL, officially known as Ravex LLC, is registered in Comoros and operates under a retail forex license from the Mwali International Services Authority (MISA). However, this offshore regulation does not meet the standards of major jurisdictions, which may pose higher risks for traders due to limited investor protections.
A2: RAVEX GLOBAL prioritizes client fund protection by keeping funds in independently regulated bank accounts, separate from the broker’s assets. However, the specifics of fund segregation may differ due to the offshore nature of its regulation.
A3: RAVEX GLOBAL has faced complaints regarding withdrawal processes, with users reporting delays and concerns about transparency in fees. While the broker has a 24/7 customer support team to address issues, experiences can vary among users.
A4: You can reach RAVEX GLOBAL’s customer support team 24/7 via email at info@ravexglobal.com or by phone at +971 58 547 1020. They are available to assist with any queries or issues you may encounter.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.