Raffles Market Review

About Raffles Market

Raffles Market is registered in Saint Vincent and the Grenadines with a listed address of “First Floor, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, St. Vincent and the Grenadines.” The broker does not hold any authorization or license from recognized financial regulators such as the FCA (UK), ASIC (Australia), CySEC (Cyprus), or the NFA (US) (). No investor compensation scheme applies to clients of Raffles Market ().

Multiple independent reviews and risk monitoring services confirm the absence of valid regulatory oversight. One source indicates that Raffles Market operates without any regulatory compliance, offering no protections like client fund segregation or deposit insurance (). Another risk alert explicitly states there is no effective regulatory information found for this firm, emphasizing that no valid license exists ().

Operational details reported by third-party analyses include provision of the MetaTrader 4 platform, minimum deposit of US$100, and account tiers defined as Starter (up to US$2,000), Intermediate (above US$2,000), and Top‑tier (above US$20,000). Deposit methods cited include USDT, Help2Pay, AwePay, and PayTrust. Leverage offerings reportedly range from 1:100 to 1:1,000 ().

Pros and cons

Pros

• Offers MetaTrader 4 platform.
• Low minimum deposit of US$100.

Cons

• No regulation by reputable authorities (e.g., FCA, ASIC, CySEC, NFA).
• No participation in investor protection or compensation schemes.
• Reportedly high maximum leverage up to 1:1000—a risk-enhancing feature.
• Use of obscure or region-specific deposit methods (e.g., Help2Pay, AwePay, PayTrust) may limit transparency and accessibility.
• Headquartered in an offshore jurisdiction (St. Vincent and the Grenadines) known for lax oversight.