Radex Markets Review

Category: Reviews | Author: Trading Brokers | Date: September 21, 2023

Radex Markets, positioned as a forex and CFD broker, promotes its platform with promises of competitive trading conditions, low spreads, speedy execution, and expert support. This brokerage operates under the regulatory oversight of the Seychelles Financial Services Authority (SFSA) and operates as a trading alias of Go Markets, an established Australian broker. However, the pivotal question remains: Is Radex Markets the optimal choice for your trading endeavors, and how does it measure up against its peers? In this comprehensive article, we embark on an in-depth exploration of Radex Markets, scrutinizing key facets such as its regulatory compliance, available trading platforms and tools, educational resources, market offerings, account types, and funding options.

Pros & Cons

  • Regulated by the SFSA in Seychelles and a trading name of Go Markets, an Australian broker regulated by ASIC
  • Supports the MT4 and MT5 platforms
  • Offers over 350 trading instruments across different markets
  • Provides access to Trading Central
  • Does not charge any fees for deposits or withdrawals
  • Offshore regulation by the SFSA, which does not offer much protection for clients
  • Charges an inactivity fee of $10 per month
  • Limited educational resources on its website


Radex Markets Review

Radex Markets Review

Radex Markets is a forex and CFD broker that operates from Seychelles and is regulated by the SFSA. It is also a trading name of Go Markets, an Australian broker that is regulated by ASIC. Radex Markets offers two types of accounts: Standard and Raw, with a minimum deposit of $200. The broker provides access to over 350 trading instruments, including forex, metals, indices, shares, and cryptocurrencies. The broker supports the popular MetaTrader 4 and MetaTrader 5 platforms, as well as web and mobile versions. Radex Markets also offers educational resources, such as webinars, articles, and videos, to help traders improve their skills and knowledge. The broker claims to offer competitive trading conditions, such as low spreads, fast execution, and professional support.

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Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


Radex Markets is licensed and regulated by the Seychelles Financial Services Authority (FSA), which serves as the primary regulatory body overseeing non-bank financial services in Seychelles. Under FSA regulation, licensed brokers are mandated to adhere to certain standards, including maintaining a minimum capital requirement of $50,000, segregating client funds in separate accounts, providing regular reports, and conducting business in a fair and transparent manner.

However, it is important to note that the FSA is not considered one of the most reputable or strict regulatory authorities globally. One of the key limitations is that the FSA does not offer any compensation scheme or provide negative balance protection for clients. This means that if there were any issues or disputes with Radex Markets, clients may have limited recourse and protection through the FSA.

Furthermore, Radex Markets operates under the trading name of Go Markets, an Australian broker that is regulated by the Australian Securities and Investments Commission (ASIC). ASIC is widely recognized as a highly respected and reliable regulator, known for its stringent regulatory framework. ASIC-regulated brokers are subject to more rigorous requirements, including higher capital requirements, stringent client money rules, external audits, and comprehensive consumer protection measures. Please see a list of regulated brokers for some alternative options.

Platforms & Tools

Radex Markets boasts support for the highly regarded MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which have earned global recognition among traders. These platforms are renowned for their robust features, encompassing various order types, advanced charting tools, a rich suite of technical analysis indicators, support for automated trading through Expert Advisors (EAs), access to real-time market news, and more.

MT4 & MT5 Platforms

MT4 & MT5 Platforms

Radex Markets ensures accessibility by providing web and mobile versions of both MT4 and MT5, granting traders the flexibility to engage with the markets across different devices and locations.

Beyond the MT4 and MT5 platforms, Radex Markets augments its offerings with access to Trading Central, a prominent provider of financial market research and analysis.

Trading Central

Trading Central

Trading Central equips traders with an arsenal of tools and features to refine their trading strategies, including:

  • TC Alpha Generation: Introducing three innovative indicators that gauge market psychology, facilitating the identification of new trading opportunities and potential entry/exit points.
    Trading Central Alpha Generation

    Trading Central Alpha Generation

  • Analyst Views: Delivering concise and actionable trading plans, derived from the unique blend of insights from registered market analysts and automated quantitative algorithms.
    Analyst Views

    Analyst Views

  • Featured Ideas: Empowering traders to pinpoint fitting intraday trade ideas while optimizing entry and exit timing through a combination of award-winning technical analysis and customizable settings.
    Featured Ideas

    Featured Ideas

  • TC Newsletters: Serving as a trusted source for updates on the latest trading opportunities, market news, and impactful events.
    Trading Central Newsletters

    Trading Central Newsletters

  • TC Economic Calendar: Streamlining the monitoring, anticipation, and response to potentially market-moving events by providing real-time actionable macroeconomic data.
    Trading Central Economic Calendar

    Trading Central Economic Calendar

Access to Trading Central is conveniently available through Radex Markets’ website or directly from the MT4 and MT5 platforms.


Radex Markets extends a helping hand to traders by offering educational resources on its website, comprising guides and tutorials covering forex basics, fundamental trading, technical trading, and more. These resources are tailored to newcomers in the trading arena, providing a solid foundation in the fundamentals of forex trading, along with an introduction to key concepts and tools. It’s worth noting, however, that the educational offerings are somewhat limited in scope and primarily focus on forex-related topics, leaving other markets and advanced trading strategies outside their purview.

Furthermore, Radex Markets grants traders access to Trading Central, which brings forth educational features like webinars, articles, and videos. These resources can be instrumental in furthering traders’ understanding of financial markets and trading techniques, as they provide insights from experts and analysts. However, it’s important to recognize that Trading Central’s primary focus remains on delivering market research and analysis, making it a valuable tool for staying informed but not a comprehensive educational platform.

Hence, traders, particularly those at intermediate or advanced levels seeking to delve deeper into specific topics or advanced strategies, may find it beneficial to supplement their knowledge with additional educational resources from external sources.


Radex Markets demonstrates its commitment to diversity by providing access to a broad spectrum of over 350 trading instruments across various markets. Here’s a breakdown of the markets available:

  • Forex: With Radex Markets, traders can access over 50 currency pairs, encompassing majors, minors, and exotics. Forex trading is facilitated 24/5 and features competitive conditions, including low spreads and high leverage.
  • Metals: Radex Markets extends its offerings to include four metal CFDs: gold, silver, platinum, and palladium. These metal assets are available for trading 23/5, accompanied by favorable spreads and generous leverage.
  • Indices: The broker caters to index enthusiasts with a choice of 14 index CFDs, featuring well-known options such as US30, US500, UK100, GER30, FRA40, AUS200, and more. Traders can access index trading around the clock, benefiting from low spreads and advantageous leverage.
  • Shares: Radex Markets provides access to an impressive selection of over 250 share CFDs, representing companies from the US, UK, and Australia markets. Share trading aligns with market hours, offering competitive spreads and substantial leverage.
  • Cryptocurrencies: Crypto enthusiasts will find six cryptocurrency CFDs available for trading on the platform: Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and EOS. Cryptocurrency trading operates 24/7 and provides traders with access to low spreads and substantial leverage.


Radex Markets offers two distinct account types, each catering to different preferences and trading styles: the Standard and Raw accounts. Here’s a closer look at the key differentiators between these accounts:

  • Standard Account: With no commission fees, the Standard account opts for higher spreads. Traders can open this account with a minimum deposit of $200 and access leverage of up to 1:500. Supported base currencies include USD, EUR, and GBP, while the minimum and maximum lot sizes stand at 0.01 and 100 respectively.
  • Raw Account: In contrast, the Raw account prioritizes lower spreads while introducing commission fees of $3 per lot per side. Similar to the Standard account, it offers a minimum deposit requirement of $200 and leverage of up to 1:500. Base currencies encompass USD, EUR, and GBP, with minimum and maximum lot sizes mirroring the Standard account at 0.01 and 100.


Radex Markets facilitates a variety of payment methods for funding, each designed to offer convenience and flexibility:

  • Bank Transfer: This option enables you to transfer funds from your bank account to your trading account, typically taking 2-5 business days to process. It’s important to be aware that this method may incur fees from your bank or intermediary banks. The minimum deposit and withdrawal amounts stand at $200 and $50, respectively, with supported currencies including USD, EUR, and GBP.
  • Credit/Debit Card: Utilizing your Visa or Mastercard to fund your trading account is a swift process, usually taking just a few minutes to complete. Importantly, Radex Markets does not impose any fees for this method, although it’s prudent to check with your card issuer for potential fees or conversion rates. The minimum deposit and withdrawal amounts mirror those of bank transfers, set at $200 and $50, respectively, with supported currencies including USD, EUR, and GBP.
  • E-Wallets: The usage of online payment services such as Skrill, Neteller, FasaPay, or Sticpay is another efficient option for funding your trading account, with processing times typically taking a few minutes. Much like credit/debit card deposits, Radex Markets does not impose any fees for e-wallet transactions. However, it’s important to note that e-wallet providers may have their own fee structures or currency conversion rates. The minimum deposit and withdrawal amounts remain consistent at $200 and $50, respectively, with supported currencies including USD, EUR, and GBP.

To initiate deposits or withdrawals with Radex Markets, access your client portal and select your preferred payment method. It’s imperative to complete the necessary document verification to verify your identity and address before initiating a withdrawal. Additionally, it’s important to note that withdrawals can only be processed via the same payment method used for the initial deposit.

Notably, Radex Markets itself does not levy fees for deposits or withdrawals. However, it’s crucial to be mindful of potential third-party fees that may be imposed by your bank, card issuer, or e-wallet provider. Furthermore, it’s worth noting that Radex Markets implements an inactivity fee of $10 per month if an account remains dormant for more than 6 months.


In summary, Radex Markets positions itself as a versatile forex and CFD broker, offering a wide array of trading instruments and competitive conditions. While it operates under the regulation of the Seychelles Financial Services Authority (SFSA) and is affiliated with Go Markets, an Australian broker under ASIC’s jurisdiction, there are several factors to consider. The broker provides access to popular trading platforms like MT4 and MT5, along with Trading Central’s market analysis tools. With both Standard and Raw account options and various payment methods, Radex Markets aims to cater to traders of diverse preferences. However, potential clients should be mindful of withdrawal fees, the offshore regulatory environment, and the somewhat limited range of payment options. It’s also worth noting that while Radex Markets offers strong features, there are other brokers with longer track records that might be worth considering as alternative options. For additional choices, we encourage you to explore our trading broker reviews.

Radex Markets Logo


Radex Markets is a forex and CFD broker that offers access to over 350 trading instruments across different markets. The broker is regulated by the SFSA in Seychelles and is a trading name of Go Markets, an Australian broker regulated by ASIC. The broker supports the MT4 and MT5 platforms and provides access to Trading Central.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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