Overall Rating: ★☆☆☆☆ (1.3/5.0)

RADEX Markets is an unregulated offshore forex and CFD broker that offers trading in forex, commodities, indices, and cryptocurrencies through a web-based platform. While the broker promotes high leverage, low spreads, and easy access to global markets, RADEX Markets has been heavily criticised for its lack of regulation, questionable trading conditions, and multiple reports from users regarding withdrawal problems, hidden fees, and aggressive sales tactics. The absence of financial oversight makes it a high-risk broker for anyone considering opening an account with them.

This review will delve into the features, regulatory concerns, pricing, and overall trustworthiness of RADEX Markets in 2025.

Key Features

RADEX Markets targets retail traders with high leverage and basic web-based trading platforms, but it lacks many of the features that experienced traders require.

• Trading Platforms:
  • Proprietary WebTrader (accessible via mobile and browser)
  • No MetaTrader 4 (MT4) or MetaTrader 5 (MT5) support
• Markets Offered:
  • Forex, indices, commodities, and cryptocurrencies
  • Limited instrument selection
• Account Types:
  • Standard, VIP, and Islamic accounts
• Leverage:
  • Up to 1:500
• Minimum Deposit:
  • $250
• Funding Methods:
  • Credit/debit cards, wire transfers, Bitcoin

Regulation and Security

RADEX Markets is unregulated, which is a serious concern for traders who are looking for safety and legal recourse.

• No regulation from FCA, CySEC, ASIC, or any recognised financial authority
• Registered offshore (likely in Seychelles or Saint Vincent and the Grenadines)
• No investor protection scheme
• No negative balance protection
• No segregation of client funds
• No transparency regarding company ownership or office locations

Pricing and Costs

While RADEX Markets claims low spreads and commission-free trading, there are numerous complaints of hidden charges and unfavourable trading conditions.

• Spreads:
  • From 1.5 pips on major forex pairs
  • Higher spreads for crypto CFDs
• Commissions:
  • Zero commission (built into spreads)
• Deposit/Withdrawal Fees:
  • Withdrawals are often delayed, with reports of hidden withdrawal fees
• Inactivity Fee:
  • $30 per month after 3 months of inactivity

Educational Resources and Customer Support

RADEX Markets provides minimal educational resources, with complaints about unresponsive customer service.

• Education:
  • Basic trading guides and platform tutorials
  • No webinars, advanced courses, or live sessions
• Market Analysis:
  • Limited daily news or trading insights
  • No professional technical or fundamental analysis
• Customer Support:
  • Live chat, email, and phone support
  • Reports of long wait times, unresolved issues, and poor support quality
  • Aggressive sales tactics

Risk Management Tools

Risk management features are limited to the basic tools available through its proprietary platform, with no advanced tools for professional traders.

• Stop-loss, take-profit, and trailing stop orders
• No guaranteed stop-loss orders (GSLOs)
• No margin alerts or risk management dashboards
• No verified negative balance protection

Pros and Cons

Pros

• Relatively low minimum deposit requirement ($250)
• Supports Bitcoin and other crypto deposits
• Basic proprietary web-based platform for easy access

Cons

• Unregulated and offshore with no legal protections
• No transparency regarding company operations or ownership
• Hidden withdrawal fees and slow processing times
• No investor protection or compensation scheme
• Limited educational resources and poor customer support
• No professional-level risk management tools

Conclusion: Is RADEX Markets the Right Choice?

RADEX Markets is a high-risk broker and should be avoided by serious traders. Despite offering high leverage and low deposit requirements, its unregulated status, lack of investor protection, and withdrawal issues make it an unsuitable option for anyone looking for a secure and reliable trading experience. If you’re seeking a more reputable, regulated broker, consider alternatives such as Pepperstone, IC Markets, or AvaTrade, all of which provide better pricing, transparency, and investor protection.