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What RAVEX GLOBAL legally published, but does not want you to read

Every clause below is published by RAVEX GLOBAL itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: Ravex Global LTD

language arbitragemarketing contradictionsole discretionwithdrawalscontradictory termscountry restrictiondeemed acceptanceforum waiverhidden feeprofit voiding

Ravex Global sells in Turkish and Persian. The footer of its own legal page says services are not available to residents of Turkey, and its terms of use say the site is not suitable for users in Iran. Its deposit page promises segregated accounts and negative balance protection, while its contract says client money can sit in a pooled account it may not be possible to separate from the firm's own, and its risk warning says your losses can run past your deposit. The same legal page sets a $35 withdrawal cost and then says the company charges no withdrawal fees. No client agreement is published on either website.

Back to RAVEX GLOBAL

Contract risk

Money at risk
8.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
6
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
22
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
4
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
9

How the 22 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical6
Warning13
Notice3

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

1 of these 4 figures comes from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical$35Fee you were not shown. Jump to the clause this comes from.A $35 and a $20 withdrawal fee in a document that says there are none3Account limit. Jump to the clause this comes from.Three different lists of countries Ravex Global will not serve20%Withdrawal limit. Jump to the clause this comes from.Half your profit needs thirty more trading days90 daysFee on an unused account. Jump to the clause this comes from.A dormancy fee with no amount attached

What the documents say

22 clauses worth knowing about, worst first, each quoted from RAVEX GLOBAL's own files

01

Ravex Global publishes a Turkish article on Turkey's forex licensing rules that ends by inviting you to open a real account. The footer of its own legal page says services are not available to residents of Turkey.

Why this matters

If you sign up from Turkey, Ravex Global already holds a written statement that you should not have been accepted. That statement is the first thing it can reach for when you ask for your money back.

Exhibit 1CriticalRarely seen

RAVEX Global services are not available for residents of Turkey, the United States of America, and the UAE.
Clause Footer in Legal Of Ravex Global
Read from the broker's site on Archived copyOpen the reference
Our own capture of ravexglobal.com, taken on Oct 8, 2026The claim, on Closing call to action on Ravex Global's own Turkish article about Turkey's SPK licensing rules, above a button reading Gerçek Hesap Aç (Open a Real Account)Visit this page on the broker's siteDownload the full size image file
Our own capture of ravexcapital.com, taken on Oct 8, 2026What the contract says, clause FooterVisit this page on the broker's siteDownload the full size image file

Our readingBrokers often serve clients from countries they do not advertise in. Writing a dedicated article about a country's own regulator, in that country's language, with a call to action at the bottom, while the same site's legal footer excludes that country, is the reverse of that.

  • Worse together with Exhibit 3The exclusion a Turkish reader would need to see appears in a footer list that contradicts the list in the body of the same document.
  • Worse together with Exhibit 18The Turkish reader is sold to in Turkish and then asked to accept terms that exist only in English.
02

Ravex Global's deposit page says client funds are kept separate from company funds in tier-1 banks. Its contract says your money can go into one pooled account with other investors, can be passed to a third party where it may not be possible to separate it from the firm's own money, and can be deposited with a security interest or mortgage over it.

Why this matters

If Ravex Global or one of its payment partners fails, the clause you relied on is not the one that applies. The contract already tells you the firm would file an unsecured claim on your behalf and that you may not get the money.

Exhibit 4CriticalHarder than usual

We can keep your money and other investors’ money in the same investor’s bank account (omnibus account).
Clause 1.1 in Legal Of Ravex Global
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Our own capture of ravexglobal.com, taken on Oct 8, 2026The claim, on Security and Compliance panel on the Deposit and Withdraw page, beside a tile reading Client funds kept separate from company fundsThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of ravexcapital.com, taken on Oct 8, 2026What the contract says, clause 1.2Visit this page on the broker's siteDownload the full size image file
Our own capture of ravexcapital.com, taken on Oct 8, 2026Segregated accounts promised, pooled accounts in the contract (clause 1.1)Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must hold retail client money in segregated client bank accounts, keep it apart from the firm's own money, and cannot pledge it as security for the firm's own obligations. This contract permits pooling, onward transfer to third parties and a security interest over client money.

RAVEX GLOBAL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 5The deposit page makes two safety promises in one panel, and the contract and risk warning deny both of them.
03

Ravex Global's deposit page has a panel headed Negative Balance Protection that says you will never lose more than your deposit. Its risk warning says your losses can exceed your deposit and that you may be required to make additional payments.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Why this matters

A gap in the market can leave you owing Ravex Global money rather than just losing what you put in. The contract makes you responsible for that shortfall, and the page that promised otherwise is not part of it.

Exhibit 5CriticalHarder than usual

You may sustain losses exceeding your initial deposit and may be required to make additional payments.
Clause Risk Warning, Leverage Risk in Legal Documents
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Our own capture of ravexglobal.com, taken on Oct 8, 2026What the contract says, clause Risk Warning, Leverage RiskThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file

What it costsAt 1:400 leverage, $1,000 of your money controls $400,000 of currency. A move of 0.25% against that position erases the $1,000, and the risk warning says the loss does not have to stop there.

Set against a regulated standard: FCA (UK), ESMA (EU)

Firms licensed by the FCA, or by any regulator applying the ESMA retail measures, must give retail CFD clients negative balance protection, so a client cannot lose more than the money in the account. This contract makes the client responsible for any deficiency.

RAVEX GLOBAL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

04

$35 comes out of your account if you ask to withdraw before ten trades have been opened after you funded it. Every withdrawal after the first in a week costs you $20. Two paragraphs later the same document says Ravex Global charges no withdrawal fees.

Why this matters

You can deposit, change your mind, and lose $35 of your own money before you have traded. The deposit page names neither figure, and tells you only that one withdrawal a week is free.

Exhibit 6CriticalHarder than usual$35

If there is a 5 lot transaction volume and a withdrawal request before 10 transactions are opened after the fund is made, 35 USD withdrawal costs are deducted from the account.
Clause 1.6 in Legal Of Ravex Global
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Our own capture of ravexcapital.com, taken on Oct 8, 2026The claim, on Clause 2.3 of the deposits and withdrawals terms, on the same legal page as the fees belowVisit this page on the broker's siteDownload the full size image file
Our own capture of ravexcapital.com, taken on Oct 8, 2026What the contract says, clause 1.7Visit this page on the broker's siteDownload the full size image file
Our own capture of ravexcapital.com, taken on Oct 8, 2026A $35 and a $20 withdrawal fee in a document that says there are none (clause 1.6)Visit this page on the broker's siteDownload the full size image file

What it costsDeposit $100 by card, then ask for it back before opening ten trades. $35 is deducted and $65 reaches you. Two more withdrawals in the same week cost $20 each.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must disclose all costs and charges to a retail client before that client trades, in one place and in cash terms. These two fees sit in a legal page on a second domain, and the page a client is sent to to fund the account gives neither amount.

RAVEX GLOBAL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 10The fee is charged inside a withdrawal process that Ravex Global can also refuse, reroute or return to your trading account.
05

Where Ravex Global suspects what it calls friendly fraud, it can bar you irrevocably and indefinitely, and the actions it lists as final and non-transferable include taking the total profit amount from the balance left in your account. A card chargeback at any time closes every account you hold immediately and irreversibly.

Why this matters

Profit you have already made can be removed because of a suspicion, not a finding. The clause calls the decision final and sets out no test Ravex Global has to meet and no appeal for you.

Exhibit 7CriticalRarely seen

In cases where “friendly fraud” is suspected, such as a justifiable claim for compensation in the face of a legitimate action; We reserve the right, irrevocably and indefinitely, to immediately bar you or any third party authorized to act on your behalf from using our services.
Clause 2.7 in Legal Of Ravex Global
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Our own capture of ravexcapital.com, taken on Oct 8, 2026Your whole profit can be taken from the balance on suspicion (clause 2.7)Visit this page on the broker's siteDownload the full size image file

Our readingRecovering a disputed card amount from a balance is ordinary. Taking the entire profit figure on top of it, on suspicion, and labelling the decision final and non-transferable, turns a payment dispute into forfeiture of earnings.

  • Worse together with Exhibit 13Pursuing the dispute in public is itself listed as grounds to close the account and start legal proceedings.
06

Ravex Global runs a full Persian version of its website and Persian social channels marked with Iran's flag. Its terms of use say the site is not suitable for users in the Islamic Republic of Iran.

Why this matters

You can be recruited in Persian and then refused in English. The same company that built the Persian page can point at its own terms to say you were never eligible.

Exhibit 2CriticalHarder than usual

Our site is not suitable for users in the United States, Islamic Republic of Iran and Canada. It is not appropriate to distribute or use any service on our site by any person in the countries we specify.
Clause Terms Of Use, We May Suspend or Withdraw Our Site in Legal Of Ravex Global
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Our own capture of ravexglobal.com, taken on Oct 8, 2026The claim, on Quick start section of Ravex Global's Persian home page, which the site's language menu lists under the flag of IranThis capture shows the page the quotation was taken from. The words themselves are not marked in it, so please read the quotation above as the evidence.Visit this page on the broker's siteDownload the full size image file
Our own capture of ravexcapital.com, taken on Oct 8, 2026What the contract says, clause Terms Of Use, We May Suspend or Withdraw Our SiteVisit this page on the broker's siteDownload the full size image file
  • Worse together with Exhibit 3Iran appears on one of the broker's three exclusion lists and on neither of the other two.

Ravex Global sells in Turkish and Persian to two countries its own documents exclude

Ravex Global publishes a Turkish article on Turkey's licensing rules that ends by inviting the reader to open a real account. The footer of its own legal page says services are not available to residents of Turkey. Its terms of use say the site is not suitable for users in Iran, while it runs a Persian site and Persian channels marked with Iran's flag. Its deposit page also promises segregated accounts and negative balance protection that the contract and the risk warning both deny.

Language arbitrage1 clause flagged

Ravex Global sells in English, Turkish, Arabic, Persian, French, German, Spanish, Russian and Chinese. On the Persian legal page the headings are in Persian and every word of the terms underneath is in English. Registering is treated as acceptance of all of it.

Why this matters

You are asked to accept a contract you may not be able to read. The withdrawal fees, the suspension triggers and the profit clauses all sit in the half that was never translated.

Exhibit 18WarningHarder than usual

By registering with Ravex Global Broker, you confirm that you have read and accepted all the broker's terms, rules and agreements.
Clause اسناد قانونی Documents in اسناد قانونی Documents
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Getting your money out depends on how you paid in and how long you keep trading

Ravex Global caps what you can send back through your first deposit method at the size of that first deposit, and routes profit to a bank account only, while its deposit page lists USDT as the single withdrawal method. On the challenge accounts it sells for $199, releasing half your profit takes thirty trading days. Three different withdrawal timings appear across its pages: instant, 24 to 48 business hours, and three business days.

Exit conditions3 clauses flagged

On the challenge accounts Ravex Global sells for a $199 fee, you can take only 20% of your profit in the first month. Reaching 30% in the second month requires fifteen trading days of activity, and 50% in the third month requires thirty.

Why this matters

Money you have already earned is released only if you keep trading, and trading is how it can be lost again. The deposit page gives you the percentages and says nothing about the trading days attached to them.

Exhibit 9WarningHarder than usual20%

Customers who carry their profits to the second month without withdrawing them must trade for 15 trading days in order to withdraw 30%.
Clause Trading Conditions, In Challenges in Legal Of Ravex Global
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What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Month 2Trade fifteen trading days to release 30% of the profit you carried over.Trading Conditions, In Challenges
Month 3Trade thirty trading days to release 50% of the profit you carried over.Trading Conditions, In Challenges

Ravex Global accepts card, PayPal, Google Pay, Apple Pay, bank transfer and USDT. The contract limits what you can send back through your first deposit method to the size of that first deposit, routes profit to a bank account only, and requires withdrawals in the same currency you paid in. The deposit page lists USDT as the only withdrawal method.

Why this matters

If you funded the account with Apple Pay or Google Pay, no document tells you how your money comes back. Rerouting it to another account is allowed only at Ravex Global's sole discretion.

Exhibit 10WarningHarder than usual$100

The maximum amount that can be transferred with your first deposit method is equal to the first deposit made. The profit made can only be transferred to your bank account.
Clause 2.3 in Legal Of Ravex Global
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Our own capture of ravexglobal.com, taken on Oct 8, 2026The claim, on Opening line of the Deposit and Withdraw page, above a withdrawal panel listing USDT as the only withdrawal methodVisit this page on the broker's siteDownload the full size image file
Our own capture of ravexcapital.com, taken on Oct 8, 2026What the contract says, clause 2.3Visit this page on the broker's siteDownload the full size image file

The deposit page says withdrawals are processed instantly except at weekends. The trading conditions say 24 to 48 business hours. The payment policy says your wallet is charged in 3 business days. All three are published by Ravex Global.

Why this matters

You have no agreed deadline to hold Ravex Global to. When a payout is late, the firm can point at whichever of its three timings it has already met.

Exhibit 11WarningHarder than usual3 working days

To make withdrawals from one trading account to one of these systems, your wallet will be charged in 3 business days.
Clause Payment Policy: Deposits and Withdrawals in Legal Of Ravex Global
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Our own capture of ravexcapital.com, taken on Oct 8, 2026What the contract says, clause Payment Policy: Deposits and WithdrawalsVisit this page on the broker's siteDownload the full size image file

Ravex Global can take the whole profit out of your balance on suspicion

One Ravex Global clause lists taking the total profit amount from your remaining balance among the actions it may take when it suspects what it calls friendly fraud, and calls those actions final. Another lets it review and adjust profit made around a news release. Neither sets a test the firm has to meet, and neither gives the client an appeal.

Profit at risk1 clause flagged

Ravex Global says news trading is allowed. If it decides you opened more positions than your normal average around a data release, or made your profit mainly on high lot trades at that moment, those profits can be reviewed and adjusted. The version on its other legal page says such profits will not be accepted.

Why this matters

Your best trading day is the one most likely to be reversed. Ravex Global decides what your normal average is, and neither page says how that is measured or how you challenge it.

Exhibit 8WarningHarder than usual

News trading is allowed. However, if an investor opens significantly more positions than their normal average at the time of major economic data releases, or attempts to make profits only with high lot transactions at data release times, such profits may be subject to review and adjustment.
Clause Trading Conditions, News Trading in Legal Documents
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A $500 credit bonus locks the account until 100 lots are traded

Ravex Global's promotion agreement requires 100 lots of trading for a $500 credit bonus and 200 lots for $1,000, and says the account cannot be exited before that volume is complete. If the volume is not reached, the company says it can deduct the shortfall from the investor's balance. The agreement then points the reader to www.nglinvestment.com for its full terms.

Credit promotions1 clause flagged

Ravex Global's promotion agreement requires 100 lots of trading for a $500 credit bonus and 200 lots for $1,000. The account cannot be exited before that volume is complete. If you do not reach it, the company says it can deduct the shortfall from your balance.

Why this matters

Taking a bonus puts your own deposit behind a volume target. The agreement also sends you to www.nglinvestment.com for its full terms, which is not a Ravex Global address.

Exhibit 16WarningHarder than usual100

To calculate the lot to be traded, 20% of the promotion amount is taken. For example: The minimum lot size required for a $500 credit promotion is 100 lots, and 200 lots for $1000.
Clause General Promotion Agreement in Legal Of Ravex Global
Read from the broker's site on Archived copyOpen the reference

What it costsA $1,000 credit bonus needs 200 lots traded before the account can be exited. At $10 of spread cost per lot that is $2,000 of trading cost to unlock a $1,000 credit.

Set against a regulated standard: FCA (UK), ESMA (EU)

Firms licensed by the FCA, and firms applying the ESMA retail measures, cannot offer retail CFD clients a trading bonus or similar monetary inducement at all. This agreement makes one conditional on volume and locks the account until the volume is met.

RAVEX GLOBAL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

A changed device, a VPN or a five minute trade can freeze your balance

Ravex Global lists using different MAC addresses, suspicious IP addresses and scalping inside five minutes as actions bringing immediate suspension of the account and prohibition of the funds in it. Its main legal page adds VPN use to that list. It can also change the terms at any time without notice, and treats your continued use as acceptance.

Account control3 clauses flagged

Ravex Global publishes three different exclusion lists, two of them inside the same document. The body of its ravexcapital.com legal page names the United States, Iran and Canada. The footer of that same page names Turkey, the United States and the UAE. Its main legal page names only the United States and the UAE.

Why this matters

You cannot find out from Ravex Global whether your country is served. Five countries appear across the three lists and only the United States appears on all of them.

Exhibit 3WarningHarder than usual3

Our site is not suitable for users in the United States, Islamic Republic of Iran and Canada.
Clause Terms Of Use, We May Suspend or Withdraw Our Site in Legal Of Ravex Global
Read from the broker's site on Archived copyOpen the reference

Using different MAC addresses without telling Ravex Global brings immediate suspension of the account and prohibition of the funds in it. So does a suspicious IP address, and so does closing a trade inside five minutes. The main legal page adds VPN use to the same list.

Why this matters

A MAC address is your device's hardware identifier, and it changes when you replace your phone or laptop. Ravex Global lists that as a reason your balance can be put beyond your reach.

Exhibit 12WarningRarely seen

The following actions will result in immediate suspension of the account and prohibition of the associated funds:
Clause Trading Conditions, Account and Fund Suspension in Legal Of Ravex Global
Read from the broker's site on Archived copyOpen the reference

Our readingTying a client's access to a device hardware identifier, and making a change of device a ground for freezing the funds rather than for a verification check, is not a mechanism retail trading agreements normally use.

  • Worse together with Exhibit 7A suspension that locks the funds and a clause that takes the profit from the balance can be triggered by the same investigation.

Ravex Global can change its terms at any time without telling you first, and says your continued use of the service counts as acceptance. It also states that it does not have to get your approval before making changes.

Why this matters

The agreement you read today is not the one you are held to tomorrow. Checking for changes is left to you, across two legal pages that already say different things.

Exhibit 17WarningHarder than usual

We reserve the right to make changes to the terms on this site at any time without prior notice.
Clause Terms of Use, We Can Make Changes To Our Site in Legal Documents
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Criticising Ravex Global is listed as grounds to close your account and sue you

Ravex Global lists defaming the firm in any manner, and threatening its reputation, among the activities that can end an account and start legal proceedings. Its complaints page promises a transparent and fair process with escalation if the client is unsatisfied. Every escalation step it names stays inside the company, the one that sounds independent has no name, and the time limit on it is given as As Required.

Complaints2 clauses flagged

Ravex Global lists defaming the firm in any manner, and threatening the reputation of the firm, among the activities that can end your account and start legal proceedings against you. Neither phrase is defined anywhere in its documents.

Why this matters

Writing a public review of a payout you did not receive falls inside wording this wide. The clause puts your remaining balance on the same side of the argument as your complaint.

Exhibit 13WarningRarely seen

The following activities can lead to the termination of the account and initiation of legal proceedings by the firm:
Clause Trading Conditions, Account Termination and Legal Action in Legal Of Ravex Global
Read from the broker's site on Archived copyOpen the reference
Our own capture of ravexglobal.com, taken on Oct 8, 2026The claim, on Subtitle of the Ravex Global Complaint Procedure pageVisit this page on the broker's siteDownload the full size image file
Our own capture of ravexcapital.com, taken on Oct 8, 2026What the contract says, clause Trading Conditions, Account Termination and Legal ActionVisit this page on the broker's siteDownload the full size image file

Our readingTrading agreements restrict trading conduct. A clause making criticism of the firm, undefined, a ground for closing the account and suing the client is a reputation clause pointed at the client's own balance.

  • Worse together with Exhibit 14Every route Ravex Global offers for a complaint stays inside the firm, and taking it outside is listed as grounds for termination.

Ravex Global's complaints procedure escalates an unresolved case to its own Senior Compliance Officer, to a Liquidity Provider Audit, or to an External Dispute Resolution Panel it never names. The time limit on that final stage is given as As Required. No regulator and no ombudsman is named anywhere.

In plain words

Liquidity providers are outside banks and brokers.

Why this matters

There is nobody outside the company you can take the decision to. The one step that sounds independent has no name, no address and no deadline.

Exhibit 14WarningHarder than usual

If the client is not satisfied, the case is forwarded to Senior Compliance Officer, Liquidity Provider Audit, or External Dispute Resolution Panel for independent, unbiased review.
Clause Complaint Resolution Steps, 4 Escalation in Ravex Global Complaint Procedure
Read from the broker's site on Archived copyOpen the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA must give a complaint a final response within eight weeks and must tell the client they can refer it to the Financial Ombudsman Service, which is independent of the firm. CySEC licensed firms must point clients to the Financial Ombudsman of Cyprus. Ravex Global names no outside body and sets no deadline on its final stage.

RAVEX GLOBAL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Documents not in Western letters need a stamped translation from an official interpreter

Ravex Global requires identity documents in other scripts to be translated into English by an official interpreter, stamped and signed, and submitted with the original and a clear photograph of the customer. The broker markets in Persian, Arabic, Turkish, Russian and Chinese. It also reserves the right to demand further documents whenever it decides they are necessary.

Verification1 clause flagged

Identity documents not written in Western letters have to be translated into English by an official interpreter, stamped and signed, and sent with the original plus a clear photograph of you. Ravex Global markets in Persian, Arabic, Turkish, Russian and Chinese.

Why this matters

The audience Ravex Global advertises to is the audience that has to pay a certified translator to open an account. Ravex Global can also demand more documents whenever it decides they are necessary.

Exhibit 22WarningHarder than usual

Documents in non-Western letters should be translated into English by an official interpreter; The translation must be stamped and signed by the interpreter and must be accompanied by the original document together with the customer’s clear picture.
Clause Identification and Verification of Customers in Legal Of Ravex Global
Read from the broker's site on Archived copyOpen the reference
  • Worse together with Exhibit 18The terms are published only in English and the identity documents must be translated into English too, in both cases at the client's cost.

A monthly fee starts at 90 days and the amount is never published

Ravex Global can classify your account as dormant after 90 consecutive days without a trade and charge a monthly maintenance fee. Neither of its legal pages says how much that fee is, and no other page on either website gives the figure. Nothing states what happens when the fee is larger than the balance left.

Dormant accounts1 clause flagged

After 90 consecutive days without a trade, Ravex Global can classify your account as dormant and charge a monthly maintenance fee. No page on either of its websites says how much that fee is.

In plain words

Dormancy means an account left unused.

Why this matters

You cannot work out what leaving money idle will cost you, because the number is not published. The clause also does not say what happens once the fee is larger than the balance.

Exhibit 15WarningHarder than usual90 days

Accounts with no trading activity for 90 consecutive days may be classified as dormant. Dormant accounts may be subject to a monthly maintenance fee. To reactivate a dormant account, please contact our support team.
Clause Trading Conditions, Inactivity & Dormant Accounts in Legal Documents
Read from the broker's site on Open the reference

Comoros law and Comoros courts, stated on one legal page only

Ravex Global's main legal page puts every dispute under the law of Comoros and in the exclusive jurisdiction of the courts of Comoros. Its other legal page, the one carrying the withdrawal fees, the suspension triggers and the promotion agreement, names no governing law at all. A client anywhere else has to bring a claim on Moheli.

Governing law1 clause flagged

Ravex Global puts every dispute under the law of Comoros and in the exclusive jurisdiction of the courts of Comoros. Its other legal page, the one holding the withdrawal fees and the suspension rules, names no governing law at all.

Why this matters

A claim against Ravex Global has to be brought on Moheli, whatever country you live in. For the clauses on the other page, no document tells you whose law decides.

Exhibit 20NoticeStandard wording

These Terms of Use shall be governed by and construed in accordance with the laws of Comoros. Any disputes arising from these terms shall be subject to the exclusive jurisdiction of the courts of Comoros.
Clause Terms of Use, Governing Law in Legal Documents
Read from the broker's site on Open the reference

Ravex Global is the counterparty to your trades and says so once

Ravex Global's risk warning states that when you trade CFDs you are trading against Ravex Global as the counterparty. It publishes no conflict of interest policy on either of its websites. It offers introducing brokers up to $15 per lot their clients trade, and its terms tell clients nothing about those payments.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Who takes the other side1 clause flagged

Ravex Global states in its risk warning that when you trade CFDs you are trading against Ravex Global as the counterparty. It publishes no conflict of interest policy, and it offers introducing brokers up to $15 for every lot their clients trade.

Why this matters

Your loss is the firm's gain on the same trade, and the person who introduced you is paid by your volume. Nothing in the terms tells you how Ravex Global manages that.

Exhibit 19NoticeStandard wording

When trading CFDs, you are trading against RAVEX GLOBAL as the counterparty. Your ability to open, close, or modify positions is subject to our solvency and ability to meet our obligations.
Clause Risk Warning, Counterparty Risk in Legal Documents
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must publish a conflicts of interest policy, disclose when they deal as principal against the client, and disclose payments made to introducers. Ravex Global discloses the counterparty role in its risk warning and publishes no conflicts policy.

RAVEX GLOBAL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Two company names, three addresses and no client agreement

Ravex Global LTD is registered in Comoros, company number HT00324046, under MISA licence BFX2024074. Its anti money laundering policy names a different company, RAVEX LLC, and its confidentiality agreement gives an address in Tbilisi, Georgia, while the website lists an office in Podgorica, Montenegro. No client agreement is published on either website, so no document states which company owes a client their balance.

Who you contract with1 clause flagged

Ravex Global LTD is registered in Comoros under MISA licence BFX2024074. Its anti money laundering policy names a different company, RAVEX LLC, as the one that monitors your trading and collects your documents. Its confidentiality agreement puts the group at an address in Tbilisi, Georgia.

Why this matters

No client agreement is published on either website, so nothing states which company owes you your balance. No investor compensation scheme is named anywhere.

Exhibit 21NoticeHarder than usual

In order to comply with anti-money laundering laws, RAVEX LLC requires two different documents to verify the identity of the customer.
Clause About Anti Money Laundering Policy in Legal Of Ravex Global
Read from the broker's site on Archived copyOpen the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC belong to an investor compensation scheme that pays out if the firm fails, and must publish a client agreement naming the contracting entity. Ravex Global publishes no client agreement and names no compensation scheme.

RAVEX GLOBAL is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

Ravex Global invites Turkish readers to open a real account on a page about Turkish regulation, while its own legal page says residents of Turkey are not served.

Said in public, in Turkish

7,500+ aktif trader tarafından tercih edilen Ravex Global ile düşük spread, hızlı emir icrası ve güvenilir işlem ortamının keyfini çıkarın.

Word for word in English: Enjoy low spreads, fast order execution and a reliable trading environment with Ravex Global, chosen by 7,500+ active traders.

Closing call to action on Ravex Global's own Turkish article about Turkey's SPK licensing rules, above a button reading Gerçek Hesap Aç (Open a Real Account)

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexglobal.com

In the contract · clause Footer

RAVEX Global services are not available for residents of Turkey, the United States of America, and the UAE.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexcapital.com

02

Ravex Global writes in Turkish that marketing to Turkey by foreign brokers is restricted, on a Turkish marketing page of its own.

Said in public, in Turkish

Yurt dışı merkezli brokerlar Türkiye SPK'ya değil, kendi ülkelerinin düzenleyicilerine tabidir. Ancak Türkiye'de aktif pazarlama yapmaları kısıtlanmıştır.

Word for word in English: Brokers based abroad are subject to the regulators of their own countries, not to Turkey's SPK. However, their active marketing in Turkey is restricted.

Frequently asked questions section of Ravex Global's Turkish article on SPK licensing

In the contract · clause Footer

RAVEX Global services are not available for residents of Turkey, the United States of America, and the UAE.

03

Ravex Global invites Persian speakers to open an account in minutes, while its terms of use say the site is not suitable for users in Iran.

Said in public, in Persian

در چند دقیقه با Ravex Global شروع کنید و به هزاران معامله‌گر موفق در سراسر جهان بپیوندید.

Word for word in English: Start with Ravex Global in a few minutes and join thousands of successful traders around the world.

Quick start section of Ravex Global's Persian home page, which the site's language menu lists under the flag of Iran

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexglobal.com

In the contract · clause Terms Of Use, We May Suspend or Withdraw Our Site

Our site is not suitable for users in the United States, Islamic Republic of Iran and Canada.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexcapital.com

04

The deposit page promises funds kept separate from company money, and the contract permits a pooled holding the broker says may not be separable from its own.

Said in public, in English

Your funds are held in segregated accounts with tier-1 banks. We implement the highest standards of security and compliance.

Security and Compliance panel on the Deposit and Withdraw page, beside a tile reading Client funds kept separate from company funds

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexglobal.com

In the contract · clause 1.2

The third party to whom we transfer money may hold that money in an omnibus account and it may not be possible to separate it from our money or third party funds.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexcapital.com

05

The deposit page promises you can never lose more than your deposit, and the risk warning says you may lose more and may have to pay more in.

Said in public, in English

Never lose more than your deposit

Tile headed Negative Balance Protection in the Security and Compliance panel of the Deposit and Withdraw page

In the contract · clause Risk Warning, Leverage Risk

You may sustain losses exceeding your initial deposit and may be required to make additional payments.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexglobal.com

06

One clause says Ravex Global charges nothing for withdrawals and an earlier clause on the same page sets a $20 fee on every withdrawal after the first each week.

Said in public, in English

The company does not charge you any fees for withdrawals.

Clause 2.3 of the deposits and withdrawals terms, on the same legal page as the fees below

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexcapital.com

In the contract · clause 1.7

1 withdrawal request per week can be given free of charge. For subsequent withdrawal requests, the 20 USD withdrawal fee will be deducted from the account.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexcapital.com

07

The deposit page promises instant withdrawals on weekdays and the payment policy allows three business days.

Said in public, in English

Withdrawals are processed instantly except on Saturdays and Sundays

Important Notes under Withdrawal Information on the Deposit and Withdraw page

In the contract · clause Payment Policy: Deposits and Withdrawals

To make withdrawals from one trading account to one of these systems, your wallet will be charged in 3 business days.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexcapital.com

08

Six deposit methods are advertised while the contract caps the return through your deposit method at the deposit amount and sends profit to a bank account only.

Said in public, in English

Multiple payment methods including USDT, MasterCard, Google Pay, and Apple Pay.

Opening line of the Deposit and Withdraw page, above a withdrawal panel listing USDT as the only withdrawal method

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexglobal.com

In the contract · clause 2.3

The maximum amount that can be transferred with your first deposit method is equal to the first deposit made. The profit made can only be transferred to your bank account.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexcapital.com

09

The complaints page promises a fair process for all clients while the trading conditions make criticism of the firm a ground for closing the account and suing.

Said in public, in English

Transparent, Fair, and Fast Resolution Process for All Clients

Subtitle of the Ravex Global Complaint Procedure page

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexglobal.com

In the contract · clause Trading Conditions, Account Termination and Legal Action

Defaming the firm in any manner.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of ravexcapital.com

The documents this reading is based on

4 files, all published by RAVEX GLOBAL. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording RAVEX GLOBAL publishes.

How this reading was done

Every clause above was read out of a document RAVEX GLOBAL publishes itself

This reading was published on .

Documents
4 of 4downloaded from the broker's site, and 4 read in full
Pages opened
44pages walked to find those documents, footer links included
Older copies
2earlier versions downloaded
Marketing pages
6public pages set against what the contract says
Languages
EN vs FA vs TRthe language it advertises in, against the language it contracts in

Who the contract is with

Ravex Global LTD

You contract with Ravex Global LTD, company number HT00324046, registered at Bonovo road, Fomboni, island of Moheli, Comoros, under Mwali International Services Authority licence BFX2024074. Its own documents do not keep that name straight. The anti money laundering policy on the ravexcapital.com legal page names a different company, RAVEX LLC, as the one that monitors your transactions and demands your identity documents. The confidentiality agreement on that same page says the group companies sit at an address in Tbilisi, Georgia. The website lists an operations office in Podgorica, Montenegro, and the only telephone number on the site is a Georgian one. No document says which entity a retail client actually signs with, because no client agreement is published.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

The risk warning is better than most offshore brokers publish. It runs to thirteen numbered sections and covers liquidity, execution delay, stop-loss failure, electronic trading faults and over the counter dealing in specific terms. Ravex Global also states, in its own words, that you are trading against Ravex Global as the counterparty, which many brokers never admit anywhere. Its complaints page lists five things the firm says it will never do, including asking for your password, asking for remote access to your device, and asking for money to speed up a complaint. That list is genuinely useful to a client being targeted by an impersonator, and few brokers bother to write it.

Ravex Global publishes no client agreement, so there is no signed contract for us to read. Everything quoted here comes from its two legal pages: ravexcapital.com/legal and ravexglobal.com/en/legal. The review covers both in full, including the sections that only open when you click them and the end of the ravexcapital.com page. It covers the English, Turkish and Persian versions of the site. We did not check the Arabic, French, German, Spanish, Russian or Chinese versions. No earlier copy of the complaints page could be opened, so that page has no earlier version for comparison.

How to check any of this yourself

Every quote above links to the RAVEX GLOBAL file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document RAVEX GLOBAL publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge RAVEX GLOBAL on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Oct 8, 2026.

If you represent RAVEX GLOBAL and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on RAVEX GLOBAL. Whether its licence is real and current is a separate check on the broker profile.

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