ASICAustraliaTier 1Licence number
335692
View licence record- Licence holder
- Held by Fake Exness
Found on registerChecked
At a glance
Regulation on record for Fake Exness
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 3
- Issuing authorities
- 3
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 3
Fake Exness has 3 licences on record with Wikilix, issued by 3 authorities across 3 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. We located 3 of 3 on the issuing authority’s own register.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Fake Exness, strongest authority first.
3 records
- ASICAustraliaTier 1
CySECCyprusTier 2Licence number
362/18
View licence record- Licence holder
- Held by Fake Exness
Found on registerChecked
FSASeychellesTier 3Licence number
SD018
View licence record- Licence holder
- Held by Fake Exness
- Licence type and regime
- Retail Forex License
- Offshore
Found on registerChecked
Check it yourself
Look these up on the official registers
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
- FSA registerOpen register
Protection
What this licence protects
ASIC's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Negative balance protection
- Complaints routeAFCA
- Maximum leverage1:28
Frequently Asked Questions
Questions about the licences held by Fake Exness
Answered from the register entries on this page.
Most Popular Questions
The minimum deposit amount to open an account with Fake Exness is 200 USD. This applies across all supported deposit methods.
Yes, Fake Exness requires verification documents for first-time withdrawals. Withdrawals must be made to the original funding source, and additional intermediary or beneficiary bank fees may apply. This is standard procedure to comply with regulatory requirements.
Fake Exness supports various funding methods including bank transfer, credit and debit cards, PayPal, Neteller, Skrill, and regional options like POLi and Bpay. Deposits are generally instant or processed within 12 hours, while withdrawal times vary from instant to up to 14 business days depending on the method. Withdrawal fees may apply, such as a $20 fee for bank wire withdrawals.
Fake Exness provides the cTrader platform for desktop users. cTrader is designed for professional traders and features advanced charting, automated trading via cAlgo, and fast execution. The platform supports multiple device types including web, iOS, Android, and Windows.
Raw Trading Ltd, also known as Fake Exness, holds a retail forex license from the Seychelles Financial Services Authority (FSA), which is an offshore regulator. the broker is classified as a scam, and its regulatory transparency is considered low.
Fake Exness has 3 licence records with Wikilix, issued by 3 authorities across 3 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Fake Exness holds licence records issued by ASIC, CySEC, FSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by Fake Exness come from tier-1 or tier-2 authorities (1 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
We located 3 of the 3 licence records held by Fake Exness on the issuing authority’s own register. Every entry has been looked up. An unchecked entry is a gap in our coverage, not a finding against the licence.
Fake Exness has licence records in Australia, Cyprus, Seychelles. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.