Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
RADEX MARKETS Pros & Cons
- Popular MT4 and MT5 platforms are available.
- Spreads on EUR/USD start from 0.0 pips.
- Clients can choose between commission-free accounts and accounts with minimal spreads.
- A demo account is available.
- Copy trading for passive market participation.
- Trading CFDs on currencies, stocks, cryptocurrencies, and indices.
- Client funds are held in segregated accounts.
- No cent or micro accounts.
- No licenses from top-tier regulators such as the Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySEC).
- The FSA does not operate a compensation fund for investor protection.
TU Expert Verdict
RADEX MARKETS carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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RADEX MARKETS User Reviews
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5-star
0%
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4-star
0%
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3-star
60%
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2-star
40%
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1-star
0%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria7 /10The trading and non-trading commissions of RADEX MARKETS have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No deposit fee
- Inactivity fee applies
- Withdrawal fee applies
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Is RADEX MARKETS Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.2 /10RADEX MARKETS has a safety score of 4.2/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Not tier-1 regulated
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4 /10RADEX MARKETS offers the following account options: Demo, Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Demo account
- Low minimum deposit
- Standard account with balanced trading conditions
- No Swap Free account
- No VIP account option
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology5.3 /10RADEX MARKETS received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5.8 /10RADEX MARKETS offers a limited selection of trading assets compared to the market average. The platform supports 350 assets in total.
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Trading Account Opening
We successfully registered an account with RADEX MARKETS in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at RADEX MARKETS is $100.Score:We evaluated Trading Account Opening at RADEX MARKETS by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria7.2 /10RADEX MARKETS received a score of 7.2/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria8 /10 -
Customer Support
Score:We evaluated Customer Support at RADEX MARKETS by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria2 /10
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FAQs
How is RADEX MARKETS regulated and what security measures are mentioned in the review?
RADEX MARKETS is regulated by the Financial Services Authority of Seychelles (FSA), which is described as a Tier-3 regulator with no specific investor protection fund mentioned. The broker has a safety score of 4.2/10, is classified as having a low security level, and requires KYC verification but does not provide negative balance protection according to the section.
What does the review say about RADEX MARKETS trading commissions and non-trading fees?
The review rates RADEX MARKETS’ overall fee level as medium, with a fees score of 7/10, and notes low Forex trading fees, tight EUR/USD spreads, and no deposit fees as advantages. It also states that inactivity and withdrawal fees apply, and provides examples such as a 1.1–1.8 pip typical spread range for EUR/USD on Standard accounts and a $2.5 per lot commission on RAW/ECN accounts, while some exact non-trading fee amounts are not specified.
What do user reviews and feedback indicate about RADEX MARKETS overall satisfaction?
The user satisfaction score for RADEX MARKETS is 5.2/10, based on 5 reviews, with 60% of ratings at 3 stars and 40% at 2 stars. According to user reviews, this distribution is summarized as mostly negative overall.
How is the RADEX MARKETS trading account opening process described in the review?
The review states that opening an account with RADEX MARKETS is fully online, took 20 minutes for registration, and that KYC verification was completed within 2 business days, with a minimum deposit of $100. It is described as one of the more accessible onboarding procedures, though the section notes that approval and registration times can be longer depending on documentation.
What trading platforms and tools does RADEX MARKETS offer according to the review?
RADEX MARKETS supports MT4 and MT5, allows trading bots (EAs), one-click trading, and provides around 80 indicators and 350 tradable assets, but does not offer cTrader, TradingView, a proprietary platform, WebTrader, or API access. The broker also provides Trading Central as an additional tool, while features like free VPS, a strategy builder, and Autochartist are not available, leading to an overall platforms and tools score of 7.15/10.
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