Published by Anes - Funded Trader · 2023 (updated 2026)
RaiseFX RaiseFX presents itself as an online broker offering access to forex, cryptocurrencies, indices and commodities. At first glance, the platform displays a modern trading environment and attractive spreads. On closer inspection, several elements raise serious questions about the reliability of the service, particularly for European traders.
RaiseFX has established its headquarters in Kazakhstan, Almaty, a jurisdiction known for its low level of financial supervision. The broker does not hold any approval from a recognized regulator (AMF, FCA, CySEC, BaFin). Even more worrying: the platform appears on the AMF blacklist, which lists intermediaries not authorized to offer investment services in France.
Beyond the regulatory status, several signals should alert the cautious trader. Withdrawals only in cryptocurrencies make funds difficult to trace and complicate any recourse in the event of a dispute. The trading conditions displayed (very low spread, high leverage) are not viable on a regulated market and often hide unfavorable execution practices for the client. Finally, the absence of segregation of client funds means that in the event of the broker's default, your capital is not protected.
It is essential to distinguish RaiseFX (controversial broker) from RaiseMyFunds, which is a separate prop firm. The two entities only share the root of the name; their models, rules and reliability have nothing in common. Our review of RaiseMyFunds covers the prop firm separately.
No, RaiseFX is not regulated by the AMF. The platform is on the authority's blacklist, which means it is not authorized to offer investment services in France.
The warning signals (lack of regulation, headquarters in Kazakhstan, reported blocked withdrawals, cryptocurrency-only payments) mean we strongly advise against RaiseFX. We are speaking of a high risk, not a legal qualification.
No, they are two distinct entities. RaiseMyFunds is a prop firm, RaiseFX is a broker with a controversial status. Do not confuse them.
As things stand, RaiseFX accumulates all the warning signs of a high-risk broker: lack of regulation, AMF blacklist, opaque jurisdiction, untraceable payment method, reports of blocked withdrawals. To protect your capital, prefer brokers regulated by recognized authorities or reliable prop firms with clear rules.