Review summary
Raw Trading Ltd, operating as Fake Exness, is a Seychelles-based entity that has been active in the market for 2-5 years. The broker does not hold any verified, authoritative licenses for forex trading; a Seychelles FSA derivatives license is listed but its status is explicitly unverified. According to WikiFX data, the firm's overall regulatory and safety profile is exceptionally weak, reflected in a comprehensive WikiFX score of 1.30 out of 10. Trading conditions, as advertised, include entry-level Standard and Raw Spread accounts with a $200 minimum deposit and leverage up to 1:1000, alongside a cTrader account option. Operating without credible financial oversight, this entity presents a significantly elevated level of operational and fund security risk for potential traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-25)





