Raj Forex Trade Review

About Raj Forex Trade

Raj Forex Trade operates via domain rajforextrade.com, presenting an address at 75 Spring Bank, Hull, England HU3 1AG, and email contacts like info@rajforextrade.com and contact@rajforextrade.com. It is not authorised by the UK Financial Conduct Authority to provide financial services, and the FCA issued a Warning Notice stating that the firm is unauthorised, advising that clients would not benefit from FSCS protection or access to the Financial Ombudsman Service (). Public records show no valid forex or trading regulation for Raj Forex Trade ().

The broker advertises services including high leverage (e.g. up to 1:500), a minimum deposit of $100, and claims of trading and educational offerings in forex and cryptocurrency. However, these claims are unverified, and no transparent details are provided regarding trading platforms, account types, base currencies, spreads, or deposit/withdrawal methods (). Secondary sources label these features as unsubstantiated and typical of offshore scam schemes.

Who it’s for

• There is insufficient verifiable information to responsibly identify any target audience for Raj Forex Trade.

Pros and cons

Pros

• No legitimate advantages can be confirmed due to lack of regulatory oversight and operational transparency.

Cons

• Unauthorised by FCA; no client protection, compensation schemes, or complaint resolution available ().
• No regulation identified in any public financial authority registers ().
• Claims such as high leverage and low minimum deposit match flagged risky product features; UK law prohibits such offerings for retail clients ().
• Lack of clarity on trading platforms, account types, spreads, funding or withdrawal methods increases risk of fraud or inability to withdraw funds.