RAVEX Global
MISA Regulated - Moderate RiskPros
- Licensed by Mwali International Services Authority (MISA) with license number BFX2024074 providing basic regulatory oversight
- Competitive spreads starting from 0.0 pips on major forex pairs with deep liquidity and institutional-grade execution
- Multiple payment methods supported including MasterCard, Google Pay, Apple Pay, and Tether for convenient deposits and withdrawals
- Three distinct account types catering to different trader needs with minimum deposits from $100 to $1,000
- Flexible 24/5 trading hours for forex pairs allowing traders to access markets during all major sessions
- Institution-grade execution technology providing reliable order filling and stable platform performance
- No commission charges on standard trading accounts making cost structure transparent for retail traders
Cons
- Regulated only by MISA, an offshore regulator with limited oversight compared to major regulatory bodies like FCA or ASIC
- Limited track record as broker was only established in 2022, lacking long-term operational history
- Some users report withdrawal difficulties and customer service issues according to online reviews
- Higher minimum deposit of $1,000 required for Premium Gold Account may be restrictive for some traders
- Wider spreads on minor and exotic currency pairs affecting profitability for certain trading strategies
- Limited cryptocurrency trading options compared to specialized crypto brokers
Basic Information
User Reviews
Regulation Analysis
RAVEX Global operates under the regulatory oversight of the Mwali International Services Authority (MISA) with license number BFX2024074, valid from March 22, 2024, to April 05, 2025. The company is registered as RAVEX Global LTD with company number HT00324046. MISA regulation provides basic oversight but offers significantly less investor protection compared to major regulatory bodies like the FCA, ASIC, or CySEC. The MISA license requires basic compliance with financial services standards but does not mandate strict capital requirements or client fund segregation policies common among tier-1 regulators. Traders should be aware that MISA regulation does not provide access to investor compensation schemes, and the level of oversight is generally considered less stringent than major financial centers. While the broker maintains valid licensing and registration, the offshore nature of its regulation presents inherent risks that traders should carefully consider. The broker has not reported any major regulatory infractions since its establishment, though its operational history is relatively short since 2022. Clients should note that regulatory protection levels may vary significantly depending on their jurisdiction of residence.
Trading Products
- Forex Trading: Access to 60 currency pairs including major, minor, and exotic pairs with 24/5 trading availability. Major pairs include EUR/USD, GBP/USD, USD/JPY with competitive spreads starting from 0.0 pips
- Commodities Trading: Selection of popular commodities including precious metals and energy products
- CFD Trading: Contracts for Difference on various underlying assets including indices and selected stocks
- Cryptocurrency CFDs: Limited selection of major cryptocurrency pairs available for trading
- Trading Conditions: Flexible leverage options, institutional-grade execution, and deep liquidity pools across all instrument categories
- Trading Hours: Standard forex market hours from Monday to Friday, with specific hours varying by instrument type
Trading Platforms
- MetaTrader 4: Industry-standard trading platform offering comprehensive charting capabilities, multiple timeframes, technical indicators, and automated trading support through Expert Advisors
- Mobile Trading: Dedicated mobile applications providing full trading functionality on iOS and Android devices
- WebTrader: Browser-based trading platform requiring no downloads, offering convenient access to markets from any device
- Trading Tools: Advanced charting packages, market analysis tools, and real-time price feeds
- Platform Features: One-click trading, multiple order types, customizable interfaces, and automated trading capabilities
Deposit and Withdrawal
- Payment Methods: Multiple options including MasterCard, Google Pay, Apple Pay, and Tether (USDT)
- Minimum Deposits: Standard Account – $100, Advanced Silver Account – $500, Premium Gold Account – $1,000
- Deposit Processing: Instant processing for most electronic payment methods
- Withdrawal Options: Same as deposit methods for convenient fund retrieval
- Withdrawal Processing: Processing times vary by payment method, with some users reporting occasional delays
- Security: Standard encryption and security protocols for financial transactions
- Documentation: Standard KYC requirements including proof of identity and address verification
Customer Support
RAVEX Global provides customer support through multiple channels including email and online contact forms. Support services are available during standard trading hours with response times varying based on inquiry type and current market conditions. The broker offers assistance in multiple languages to serve its international client base. Educational resources and trading guides are available through the broker’s website to help traders understand platform features and market dynamics. While some users report satisfactory experiences with customer service, others have noted occasional delays in response times, particularly during peak trading periods. The broker maintains standard communication channels for account-related queries, technical support, and general inquiries.
FAQ
Q: Is RAVEX Global a regulated broker?
A: Yes, RAVEX Global is regulated by the Mwali International Services Authority (MISA) with license number BFX2024074. However, traders should note that MISA is an offshore regulator providing more limited oversight compared to major regulatory bodies like FCA or ASIC.
Q: What are the minimum deposit requirements?
A: RAVEX Global offers three account types with varying minimum deposits: Standard Account starting at $100, Advanced Silver Account at $500, and Premium Gold Account at $1,000. Each account type comes with different trading conditions and features.
Q: What payment methods are available?
A: The broker accepts payments through MasterCard, Google Pay, Apple Pay, and Tether (USDT). These methods are available for both deposits and withdrawals, though processing times may vary by payment method.
Q: What trading platforms are offered?
A: RAVEX Global provides access to MetaTrader 4 (MT4) platform, mobile trading applications, and WebTrader for browser-based trading. These platforms offer various trading tools, technical indicators, and chart analysis capabilities.