Forex Raynar Prime Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.4

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.6

Business 0.9

Risk Control 1.2

Software 1.9

Regulatory 1.4

Terminal Snapshot

Raynar Prime Trading Conditions

Registered Region Australia

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@rnprime.com

Contact Number N/A

Website www.rnprime.com

Balanced Review

Pros & Cons

Pros

Diverse range of tradable assets including forex, commodities, and CFDs
Popular MetaTrader 4 trading platform available
Customer support accessible via email six days a week
Flexible account opening process with online application
Minimum deposit requirement of $50

Cons

Not regulated by any recognized financial authority
Lack of transparency regarding spreads and commissions
No live chat or phone support options
Limited information on account types and fees
Withdrawal fees and processing times may vary

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Raynar Prime	DBG Markets	IC Markets Global	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Australia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.4/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Raynar Prime Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and retail traders	Access to a variety of tradable assets	Suitable for individuals looking to start trading
Professional Account	Experienced traders	Potential for enhanced trading conditions	Requires proof of trading experience
Demo Account	New traders	Practice trading without real money	Ideal for testing strategies

Account Opening Process

To open an account with Raynar Prime, traders need to follow several steps: First, they will fill out the online application form with personal details. Next, they must submit employment and financial information. Identity verification is required, which includes providing a valid ID and proof of address. Once verified, traders can fund their account and start trading. Additionally, there is flexibility to upgrade to a professional account later on if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$X per lot	Competitive spreads
CFDs (Indices)	Varies	$X per lot	Fees may apply
Cryptocurrencies	Varies	$X per lot	Market-dependent

Other Fees

Additional fees may include deposit and withdrawal fees, which are dependent on the payment method used. Inactivity fees may apply if the account remains dormant for an extended period. Traders should also be aware of overnight interest (swap rates) on positions held overnight, and potential currency conversion fees when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Raynar Prime User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Zutter

South Africa

★ ★ ★ ★ ★

RN PRIME makes trading a breeze with their diverse payment methods and low commission rates. You’ll have no trouble funding your account and keeping more of your profits. If you’re after a platform that’s both convenient and cost-effective, RN PRIME is definitely worth a look.

Seraphina Persephone Vanderbilt

Nigeria

★ ★ ★ ★ ★

RN PRIME has been a decent experience for me. The variety of tradable assets and the MT4 platform are highlights. Registration was smooth, and customer support, though via email, is responsive. Great for diverse trading opportunities!

sosobing

Malaysia

★ ★ ★ ★ ★

Despite offering low spreads as promised, I haven’t seen any evidence of this during the month that I’ve been trading with them. On top of this, it has been difficult to get in touch with their customer service team, which has left me feeling frustrated at times.

dejatin

Philippines

★ ★ ★ ★ ★

I put a trade at a certain price and it always goes above or below but, never at the exact same price point I chose. RN Prime manipulated the price and don’t want you to win.

Australia Market