Score

4.28 /10
Average

Radar Brokers

Vanuatu

5-10 years

Regulated in Vanuatu

Retail Forex License

MT5 Full License

Regional Brokers

High potential risk

Offshore Regulated

D

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Comparison

Quantity 12

Exposure

Open Account
Website

Score

Regulatory Index3.05

Business Index7.89

Risk Management Index0.00

Software Index9.54

License Index3.05

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Radar Brokers Limited

Company Abbreviation

Radar Brokers

Platform registered country and region

Vanuatu

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 2
Previous Detection : 2025-09-26
  • WikiFX has received a total of 11 user complaints against this broker, please be aware of the risks and do not be scammed!
  • The Vanuatu VFSC regulation with license number: 14674 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Others

The two Radar Brokersproved to be the same one with a only change of securities traders.

Two Radar Brokers were found to be same one and only securities traders were changed. Let me prove it to you. Here is the screenshot of the first Radar Brokers website www.radarbrokers.com, which has problems. Then the official website posted on the Radar Brokers website is the same. There are pictures and truth. The picture below is from Radar Brokers website. Radar Brokers no more excuse! I know you best. False can't be true Even if you change your securities trader, i still know you. look at the picture below. Solemnly remind everyone of staying away from this platform.

2021-01-01 13:40
Scam

Look at the content of the web of Radar Brokers which is at the bottom of the website. Pictures tell the truth

Everyone should read the contents at the bottom of the Radar Brokers website carefully. The attached picture shows that there is no financial business in mainland China. Therefore, the company's foreign exchange, stock index, crude oil, precious metals, and futures transactions in China are all frauds. I slap my own face on my webpage, the company is bold enough, and everyone can look at the company’s website, there is no record number, no company customer service contact information, no office location, (there is a Singapore office address , Is actually a street name in Singapore). The server of the website often changes countries. The deposit method is to enter a private account, and the private account is frequently changed. If necessary, I can provide it. I was cheated by this company for about 450,000 yuan. They questioned them, asked for a reply, returned my funds to me, and explained to me that Lin Xue, the manager of the company, called the WeChat voice once and said that it would be resolved for me. After that, he would never reply to messages again. Here I am. All the information and other certificates about their company have been saved, and the police are also being contacted

2020-12-06 13:45
Scam

Radar Brokers claims it is an American broker

Subject: Response from the US Securities and Exchange Commission: Dear? ? ? ???? ? Thank you for contacting the U.S. Securities and Exchange Commission (SEC). We are grateful for this opportunity to review your attention to Radar Securities. Please note that our database search shows that this company is not registered with the US Securities and Exchange Commission. The staff of the US Securities and Exchange Commission has determined that (i) the United States without this name Register a securities company, or (ii) there is a U.S. securities company registered with the same (or similar) name.

2020-12-27 14:47
Scam

Purely a scam company, too much evidence to show one by one

This APP is a complete scam. Let’s not talk about whether the transaction on the platform is illegal or not. Let’s take a look at the following pictures. How the company scams everyone’s money. This picture is around 5:30 a.m. on November 18, 2020. The trend chart of crude oil, the company has appeared many times like this trend. You can look at the chart of international crude oil that day and make a comparison. I hope that everyone will not be deceived by this company again. I will expose this company from various channel. I am also one of the victims of this company. I have lost a lot of funds. There is a huge fraud group behind this company. The fraud group, the APP is owned by two domestic companies on the surface, one is called Ruida Global Market Consulting (Beijing) Co., Ltd.; the other is called Raida International Business Consulting (Beijing) Co., Ltd., of which Ruida Global Market Consulting (Beijing) Co., Ltd., in the Beijing Enterprise Credit City website, is suspected of registering as an impersonation and is under investigation. Another company, Radar Brokers, was newly registered at the end of last year, and the two companies belong to the same legal person. Many other illegal evidences of my app are not shown one by one.

2020-12-05 13:34
    Radar Brokers · Company summary
    Radar Brokers Review Summary
    Founded2016
    Registered Country/RegionVanuatu
    RegulationVFSC (Offshore regulated)
    Trading ProductsStocks, stock indices, derivatives, funds, and bonds
    Trading PlatformMT5, Radar Securities Trading App
    Minimum Deposit/
    Customer SupportTel: +678-22159
    Email: contact@radarbrokers.com

    Radar Brokers Information

    Radar Brokers, founded in 2016 and offshore regulated by the VFSC in Vanuatu, offers diverse products including stocks, indices, derivatives, funds, and bonds. They provide trading access through MT5 and their proprietary Radar Securities Trading App.

    Radar Brokers' homepage

    Pros and Cons

    Pros Cons
    Various trading productsOffshore regulation
    MT5 availableUnclear fee structure
    No info on deposit and withdrawal

    Is Radar Brokers Legit?

    Radar Brokers has a Retail Forex License regulated by the Vanuatu Financial Services Commission (VFSC) in Vanuatu with a license number of 14674.

    Regulated AuthorityCurrent StatusRegulated CountryLicensed EntityLicense TypeLicense No.
    The Vanuatu Financial Services Commission (VFSC)Offshore RegulatedVanuatuRadar Brokers LimitedRetail Forex License14674
    Offshore regulated by VFSC

    What Can I Trade on Radar Brokers?

    Radar Brokers offers diverse products, including stocks, global stock indices, over 10,000 equity derivatives, over 5,000 other derivatives, more than 800 high-quality funds, and over 2,000 bonds.

    Trading ProductsSupported
    Stocks
    Stock Indices
    Derivatives
    Funds
    Bonds
    Forex
    Commodities
    Cryptocurrencies
    Options
    ETFs
    What Can I Trade on Radar Brokers?

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    MT5Desktop, iOS, AndroidExperienced traders
    Radar Securities Trading AppiOS, Android/
    MT4/Beginners
    MT5
    Radar Securities Trading App

    User Reviews

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    User comment

    4

    Comments

    Write a review

    Johannes 75203
    more than one year
    I love Radar Brokers support team. The speed and quality of support is unparalleled!!!⭐⭐⭐⭐⭐
    I love Radar Brokers support team. The speed and quality of support is unparalleled!!!⭐⭐⭐⭐⭐
    Translate to English
    2024-07-19 18:26
    Reply
    0
    0
    Mark Rutte
    more than one year
    Great broker, low spreads, good execution... i have been trading with it for years, trust me!
    Great broker, low spreads, good execution... i have been trading with it for years, trust me!
    Translate to English
    2024-05-17 11:09
    Reply
    0
    0
    12