Offshore Regulated

Comment

Seychelles

Not disclosed

5.82

Website

https://www.radexmarkets.com/

Rating Index

Software

7.51

Licensed

3.92

Risk Control

8.55

Experience

8.04

Institution

3.92

Industry Classification

Unqualified

Trading Platforms

MT4 / MT5

Basic Information

Registered Region

Seychelles
Operation Status

Normal
Operating Period

Not disclosed
Deposit Methods

Not disclosed
Website

https://www.radexmarkets.com/
Market Type

Foreign exchange
Support Languges

English
Main Business

Forex, Metals, CFDs on Stocks, Indices, and Cryptocurrencies
Business Type

FX broker
Social Media
Contact Details

support@radexmarkets.com

+44 20 8610 1608', '+248 4 671 903
Type of Accounts

Standard, RAW
Trading Platforms

MT4 / MT5
Withdraw Methods

Bank Transfer
Auto Trading

EA supported

Pros and Cons

Pros: MT4 and MT5 provided, No commission for Standard accounts, Over 350 trading instruments, Attractive bonus campaigns, 24/7 customer support; Cons: Offshore regulation risks, Limited info on deposit and withdrawal methods.

Company Background

RADEX MARKETS is an online trading broker launched in recent years and registered in Seychelles. While specific founding details are not disclosed, it navigates the competitive trading landscape by offering access to a diverse range of trading instruments including forex, commodities, and CFDs. The broker positions itself as a flexible trading platform with promotional offers and customer-centric services, although the lack of stringent regulation raises caution among traders.

Fund Security

RADEX MARKETS operates under the Seychelles Financial Services Authority (FSA) with license number SD043, and client funds are maintained in segregated accounts. Although this provides a level of security, the regulatory framework is relatively lenient compared to major jurisdictions. Therefore, traders should evaluate the inherent risks of using an offshore-regulated broker.

Account Opening

The broker offers two main account types: Standard and RAW. The Standard account does not incur commission but has spreads starting from 1.1 pips. The RAW account is designed for traders seeking lower spreads (starting from 0.0 pips) but involves a commission of $2.5 per side. The minimum deposit for both account types is set at $100. The account opening process is straightforward, but specific verification requirements have not been disclosed.

Trading Fees

The fee structure includes a starting spread of 1.1 pips on the Standard account and commissions on RAW accounts at $2.5 per side. Additional trading costs such as swap rates and inactivity fees have not been disclosed. Traders should be wary of potential hidden costs associated with various instruments.

Trading Instruments

RADEX MARKETS offers a broad range of trading instruments, totaling over 350, including Forex pairs, CFDs on stocks, commodities, indices, and cryptocurrencies. This diversity allows traders to explore multiple market segments and adopt various trading strategies, making it appealing for both novice and experienced traders.

Trading Technology

The broker utilizes the MT4 and MT5 platforms, accommodating a wide range of trading features such as customizable charting tools, automated trading capabilities via Expert Advisors (EAs), and access to financial news. The platforms are available on desktop and mobile devices, enhancing flexibility for traders on the go with commendable execution speeds and user experience.

Research and Education

RADEX MARKETS provides limited educational resources, falling short of offering comprehensive research tools or trading education materials. Potential traders may find value in external resources but should consider the broker’s lack of robust educational content as a drawback when compared to competitors providing in-depth analysis and tutorials.

Customer Support

RADEX MARKETS offers 24/7 customer support through various channels, including phone, email, and live chat. Feedback indicates a generally responsive service, with representatives facilitating quick consultations. However, specific response times or language support details remain unspecified.

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Rating Index

RADEX MARKETS

Offshore Regulated

Legal Environment

7.51

License Value

3.92

Risk Management

8.55

Investor Protection

8.04

Regulatory Policy

3.92

Software

Evaluates the regulator's legal foundation, organizational structure, leadership experience, and enforcement capacity. Focuses on whether it enforces strict regulations, maintains transparency and fairness, and engages in international cooperation and technological supervision.
Institution

Analyzes the regulator's policy framework, decision-making process, and enforcement transparency, including rule-making, internal control, and policy implementation effectiveness.
Licensed

Assesses the market value of the licenses issued by the regulator, including entry thresholds, compliance costs, approval duration, and overall global recognition and influence.
Risk Control

Evaluates the regulator's financial stability and risk management capacity, including budgeting, reserves, revenues, expenditures, and ability to respond to market or financial shocks.
Investor Protection

Examines the regulator's complaint-handling and investor protection systems, assessing fairness, responsiveness, and enforcement effectiveness in safeguarding investor rights.

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