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Radex Markets is a forex broker located in the Seychelles, regulated by the Seychelles Financial Services Authority (FSA).
Radex Markets accepts clients from all over the world, excluding USA and some other countries where restrictions apply.
Forex broker offers the following underlying assets for trading.
| 60+ Currency Pairs | Based on major and minor world currencies. |
| 40+ Crypto Pairs | Based on various top-rated coins and tokens. |
| 14 Indice CFDs | Based on baskets of different blue-chip stocks and US Dollar Index. |
| 2 Metal CFDs | Based on Gold and Silver. |
| 4 Energy CFDs | Based on Crude Oil (WTI, Brent). |
| 500+ Stock CFDs | Based on shares of AU and US companies. |
Radex Markets is an online forex and CFD broker that has been operating since 2019. The company is based in Mahé in the Seychelles, and is regulated by the Seychelles Financial Services Authority (FSA). While the FSA framework is lighter than regulation in jurisdictions such as the EU or Australia, it still provides a certain structure and means that traders at least have somewhere to turn in the event of disputes with the broker.
Radex Markets advertises low spreads across most trading assets, particularly on major forex pairs like the EUR/USD. Leverage goes all the way up to 1:500, which is in line with the industry standard among offshore forex brokers. Keep in mind, however, that high leverage can amplify both gains and losses, and should be used carefully.
Opening an account with Radex Markets requires a minimum deposit of 100 USD, which places it in the mid-range compared to many competing brokers. As with many offshore-registered brokers, the registration and verification process is straightforward, with minimal hassle to get started trading.
Funding options at Radex Markets include bank wire transfers, credit cards like Visa and MasterCard, and the stablecoin Tether (USDT). The inclusion of USDT is particularly useful for international clients who want to avoid the limitations of traditional banking, and often offer faster and cheaper settlement.
Once an account has been funded, traders can access the broker's services through several platforms, including the still-popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available in versions for both desktop, web, and mobile. Both MT4 and MT5 remain industry standards and are widely appreciated for their charting tools, automated trading capabilities, and large ecosystem of indicators and Expert Advisors (EAs). In addition to traditional platforms, a social trading environment has been created through RM Social and Pelican Trading, allowing users to act as either trading signal providers or followers.
In terms of market coverage, Radex Markets offers a very broad selection of instruments. Forex trading is at the core, with more than 60 currency pairs available, covering major, minor, and some less commonly traded combinations. Crypto trading is also well represented, with over 40 popular pairs available. For those seeking access to other markets, the broker offers CFDs on indices, metals, energies, and more than 500 single stocks listed in the US and Australia.
As with most forex brokers we have reviewed, all instruments are traded as CFDs, allowing traders to speculate on both rising and falling markets with high leverage, without actually owning the underlying assets.
For any issues during sign-up or later during active trading, Radex Markets' customer support can be reached via email or phone. The broker has a dedicated Chinese language support line for users from Mainland China, and otherwise offers English language support for international users. The support team is available from Monday to Friday, 12 PM to 1 AM (AEST).
All in all, we see Radex Markets as a potentially interesting broker for traders who want broad access to the stock market, especially in Australia and the US. Coupled with the opportunity to trade with high leverage while using the familiar MT4 and MT5 interface, we believe many traders will find this broker's offer interesting.
