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Score

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

Radar Brokers

Vanuatu|5-10 years|
Regulated in Vanuatu|Retail Forex License|MT5 Full License|Regional Brokers|High potential risk|Offshore Regulated|

https://radarbrokers.net/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

26
Server Name
RadarBrokers-Demo MT5
Server Location Hong Kong

Contact

contact@radarbrokers.com
https://radarbrokers.net/
1st Floor, iCount Building, Kumul Highway, Port Vila, REPUBLIC OF VANUATU
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Institution:Radar Brokers Limited

License No.:14674

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

WikiFX Risk Alerts
2024-12-22
  • The number of the complaints received by WikiFX have reached 11 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
2

Basic information

Registered region
Vanuatu
Operating period
5-10 years
Company Name
Radar Brokers Limited
Abbreviation
Radar Brokers
Company employee
--
Customer Service Email Address
contact@radarbrokers.com
Company website
Company address
1st Floor, iCount Building, Kumul Highway, Port Vila, REPUBLIC OF VANUATU
Keywords 8
5-10 years
Regulated in Vanuatu
Retail Forex License
MT5 Full License
Self-developed
Regional Brokers
High potential risk
Offshore Regulated

骑着猪追摩托(小薛)

Hong Kong

From 5:30 am to 6:15 am on November 18, 2020, the crude oil trend chart of Radar Securities is inconsistent with the international trend. Please be careful. The U.S. stock-holding brokers promoted by Radar Securities are also fake. I have an email reply from the US Securities Commission. Besides, Radar Securities is registered with the Futures Association, which is also an ordinary registration and has no regulatory effect. I also have an email reply from the American Futures Association. If anyone needs it You can get it for me.

Exposure

2021-05-08

骑着猪追摩托(小薛)

Hong Kong

Radar Brokers deposits are private accounts of domestic banks, and the names of private accounts are often changed. Radar Brokers has been removed from the shelves of major domestic app stores, including Huawei, Xiaomi, Yingbao, 360 Mobile Assistant, and Alibaba’s application distribution platform, Pea pods, etc., and other websites where you can download APP have also removed Radar Brokers. Please verify and pay attention to the risks. The articles of Radar Brokers on the Internet have also begun to be taken off the shelves. The articles of Radar Brokers are basically published by the media and have no credibility.

Exposure

2021-01-21

FX5712364052

Hong Kong

Radar Brokers is a wolf in sheep’s clothing with no authorization. Many people’s accounts were liquidated by their fake data! Who can regulate this fraud platform.....

Exposure

2021-01-06

更好

Hong Kong

There was a low price of 38.279 between 5:30 am and 6:15 am on November 18, 2020. After I woke up, I found my margin cccount blasted. However, on another platform, people's orders, same as me, were normal, and they left the market under Stop-Profit. I checked the international oil price that day, and did not find such a low price. Hope that all the investors keep their eyes open and stay away from traps.

Exposure

2021-01-01

骑着猪追摩托(小薛)

Hong Kong

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.

Exposure

2021-01-01

FX5712364052

Hong Kong

Many people from all over the country are cheated by their false advertisement

Exposure

2020-12-31

骑着猪追摩托(小薛)

Hong Kong

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.

Exposure

2020-12-27

骑着猪追摩托(小薛)

Hong Kong

The response from SEC Thanks for contacting SEC and your attention on 111. The companies you mentioned don’t register with the SEC. Please note when you invest, you should confirm its regulation. For example, the brokers and IBs should register with securities regulatory departments if they wanna do business in America or other countries.

Exposure

2020-12-24

FX5712364052

Hong Kong

This is a wolf in sheep’s clothing. Fake trading with advertisements everywhere. Many people from all over the country are cheated!

Exposure

2020-12-17

骑着猪追摩托(小薛)

Hong Kong

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

Exposure

2020-12-06

骑着猪追摩托(小薛)

Hong Kong

Everyone looked at the picture carefully, changed an icon, changed the registration place, but the website did not change. I have already lost a lot of money on the platform. His webpage shows American securities dealers. After inquiries, the company was not found. Everyone pay attention to the risks. Let’s find out what kind of country Vanuatu is on the Internet. It is not as big as a town in our country, with a population of only 280,000. Just think about the rest. I hope everyone will be exposed to Radar Securities so that scammers will not Can't hide.

Exposure

2020-12-05

骑着猪追摩托(小薛)

Hong Kong

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.

Exposure

2020-12-05

FX1192011742

Nigeria

Never put any stock in anything this Radar Broker says. Its primary goal is to trick you into giving them my money. They did it to me. A lot of pressure was put on me to invest, but I said no.

Neutral

2022-12-20

Johannes 75203

United Kingdom

I love Radar Brokers support team. The speed and quality of support is unparalleled!!!⭐⭐⭐⭐⭐

Positive

07-19

Mark Rutte

Australia

Great broker, low spreads, good execution... i have been trading with it for years, trust me!

Positive

05-17

15
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Official website

Website

  • radarsecurities.net

    Server Location

    United States

    Website Domain Name

    radarsecurities.net

    Server IP

    35.71.169.50

  • radarbrokers.net

  • radarbrokers.com

Company Summary

Radar Brokers Review Summary
Founded5-10 years
Registered Country/RegionVanuatu
RegulationVSFC(Offshore regulated)
Market InstrumentsStocks, global indexes, derivatives, funds, bonds
Trading PlatformsRadar Trader, MT5
Customer SupportEmail, telephone

What is Radar Brokers?

Radar Brokers is a brokerage firm that offers a diverse range of trading instruments across various asset classes, including stocks, global indexes, derivatives, funds, and bonds. They provide a variety of trading platforms, including their proprietary Radar Trader platform and the popular MetaTrader 5 (MT5). Radar Brokers also facilitates overseas remittances with multiple deposit methods and accessible customer service channels.

What is Radar Brokers?

Pros & Cons

ProsCons
• Offshore regulated by VFSC• High handling fee for account withdrawals
• Offers a variety of trading instruments
• Multiple deposit methods
• Provides both proprietary and popular trading platforms like MT5

Is Radar Brokers Safe or Scam?

Radar Brokers is offshore regulated by VFSC, with the license number of 14674.

Is Radar Brokers Safe or Scam?

Market Instruments

Radar Brokers is a brokerage firm that offers a diverse range of trading instruments across various asset classes. Here's a brief summary to describe the market instruments available at Radar Brokers:

  • Stocks: Radar Brokers provides access to the equity markets, allowing clients to trade shares of publicly-listed companies. This includes stocks from both domestic and international exchanges.
    • stocks
  • Global Indexes: Clients can trade global stock market indices, such as the S&P 500, NASDAQ, FTSE 100, and many others. These indexes represent the performance of a group of stocks and are commonly used as benchmarks for overall market trends.
    • global indexes
  • Derivatives: Radar Brokers offers derivatives trading, which includes futures and options contracts on various underlying assets. Derivatives allow traders to speculate on the future price movements of assets without owning them directly.
    • derivatives
  • Funds: The brokerage provides access to a wide range of investment funds, including mutual funds, exchange-traded funds (ETFs), and hedge funds. These funds pool money from multiple investors and are managed by professional fund managers.
    • funds
  • Bonds: Clients can invest in bonds, including government bonds, corporate bonds, and municipal bonds. Bonds are fixed-income securities that pay periodic interest to investors.
bonds

Commissions

Radar Brokers employs a flexible commission structure that adapts to different markets and account types. In the case of the U.S. stock comprehensive account, traders are charged a commission of $0.0035 per share, which equates to $3.5 for every 1,000 shares traded. Importantly, there is a minimum commission of $0.5 for each individual transaction, ensuring that even smaller trades remain cost-effective.

For those using U.S. stock global accounts, the commission for 1x leverage on U.S. stocks mirrors the rate offered in the comprehensive account. However, if traders opt for 4x leverage on U.S. stocks, they will incur a slightly higher commission of $0.01 per share, amounting to $10 for every 1,000 shares traded. The minimum commission for these leveraged transactions is $0.1 per trade. This tiered pricing structure reflects Radar Brokers' commitment to providing competitive rates and accommodating the diverse needs of their clients, whether they prefer traditional or leveraged trading strategies.

Trading Platforms

Radar Brokers offers a variety of trading platforms to cater to the diverse needs of its clients.

Radar Trader is Radar Brokers' proprietary trading platform. It is designed to provide a user-friendly and intuitive trading experience. Traders using Radar Trader can access a wide range of financial instruments, execute trades, analyze market data, and manage their portfolios.

Radar Trader

Radar Brokers also offers MT5 to clients who prefer this platform. MT5 is known for its robust features, including advanced charting, technical analysis tools, algorithmic trading capabilities, and access to a vast library of trading indicators and expert advisors.

MT5

Deposits & Withdrawals

Radar Brokers offers a convenient array of deposit methods for clients engaging in overseas remittances. These options include China Merchants Bank, Bank of Communications, and Industrial and Commercial Bank of China.

When it comes to withdrawing funds, clients have two convenient options: they can initiate withdrawals directly from the official website or through the mobile app, ensuring accessibility and ease of use. It's worth noting that the minimum withdrawal amount is set at US$40, allowing clients to access their funds efficiently. However, clients should be aware of a nominal handling fee for account withdrawals, amounting to 0.4% of the withdrawal amount or a minimum charge of $20 per transaction.

Customer Service

Radar Brokers offers accessible customer service through multiple channels to assist its clients. Clients can reach out for support via email at contact@radarbrokers.com.

Additionally, for more immediate assistance, clients have the option to contact Radar Brokers via telephone at +678-22159. This allows clients to speak directly with customer service representatives for prompt assistance with their queries or concerns.

Furthermore, Radar Brokers' head office is located on 1st Floor, iCount Building Kumul Highway, Port Vila, Republic of Vanuatu, which serves as a physical point of contact for clients seeking in-person assistance or correspondence.

contact details

Frequently Asked Questions (FAQs)

What trading instruments are available at Radar Brokers?

Radar Brokers offers a diverse range of trading instruments, including stocks, global indexes, derivatives, funds, bonds, and potentially cryptocurrencies.

What trading platforms are provided by Radar Brokers?

Radar Brokers offers multiple trading platforms, including their proprietary Radar Trader platform and the popular MetaTrader 5 (MT5).

What are the deposit methods available at Radar Brokers?

Radar Brokers facilitates overseas remittances through various deposit methods, including China Merchants Bank, Bank of Communications, and Industrial and Commercial Bank of China.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital.

Keywords

  • 5-10 years
  • Regulated in Vanuatu
  • Retail Forex License
  • MT5 Full License
  • Self-developed
  • Regional Brokers
  • High potential risk
  • Offshore Regulated

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