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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

Radar Brokers

Vanuatu Vanuatu | 5-10 years |
Regulated in Vanuatu | Forex Trading License (EP) | MT5 Full License | Regional Brokers | High potential risk | Offshore Regulated

https://radarbrokers.net/

Website

Rating Index

MT4/5 Verification

MT4/5 Verification

Full License

26
Server Name
RadarBrokers-DemoMT5
Server LocationHong KongHong Kong

Contact

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!
Warning: Low score, please stay away!
  • WikiFX has received a total of 11 user complaints against this broker, please be aware of the risks and do not be scammed!
2

Basic Information

Registered Region
Vanuatu
Operating Period
5-10 years
Company Name
Radar Brokers Limited
Email
contact@radarbrokers.com
Address
1st Floor, iCount Building, Kumul Highway, Port Vila, REPUBLIC OF VANUATU
骑着猪追摩托(小薛)

骑着猪追摩托(小薛)

Unverified

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

骑着猪追摩托(小薛)

骑着猪追摩托(小薛)

Unverified

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

骑着猪追摩托(小薛)

骑着猪追摩托(小薛)

Unverified

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

Johannes 75203

Johannes 75203

Unverified

United Kingdom

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

Positive

Positive

Mark Rutte

Mark Rutte

Unverified

Australia

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

Positive

Positive

FX1192011742

FX1192011742

Unverified

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

Neutral

骑着猪追摩托(小薛)

骑着猪追摩托(小薛)

Unverified

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

骑着猪追摩托(小薛)

骑着猪追摩托(小薛)

Unverified

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

FX5712364052

FX5712364052

Unverified

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

更好

更好

Unverified

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

骑着猪追摩托(小薛)

骑着猪追摩托(小薛)

Unverified

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

FX5712364052

FX5712364052

Unverified

Hong Kong

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

Exposure

骑着猪追摩托(小薛)

骑着猪追摩托(小薛)

Unverified

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

骑着猪追摩托(小薛)

骑着猪追摩托(小薛)

Unverified

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

FX5712364052

FX5712364052

Unverified

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

15
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MT4/5
Full License MT5
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0
MT4 Servers
2
MT5 Servers
68.11
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Average Execution Speed/ms

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Official Website

Verified Site

  • United States radarsecurities.net
    35.71.169.50
  • United States radarbrokers.net
    35.71.169.21
  • Indonesia radarbrokers.com
    31.13.95.34
  • India radarbrokers.cn
    104.211.177.56

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Radar Brokers

Related Companies

RADAR BROKERS LIMITED(United Kingdom)
United Kingdom
RADAR BROKERS LIMITED(United Kingdom)
Deregistered
United Kingdom
Registration No.13212124
Est. Date
SourceWebsite Announcement

Company Profile

Company Profile

Review 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

Company Profile

  • 5-10 years
  • Regulated in Vanuatu
  • Forex Trading License (EP)
  • MT5 Full License
  • Regional Brokers
  • High potential risk
  • Offshore Regulated

Wiki Q&A

Can Radar Brokers be considered a credible broker?

Radar Brokers Limited holds an offshore financial services license (VFSC 14674) in Vanuatu but lacks regulatory oversight from major authorities like the UK's FCA or Australia's ASIC. The firm has been operating for 5-10 years and focuses on regional brokerage services, supported by MetaTrader 5 platforms with mature technology infrastructure.

04-02
United States

What regulatory licenses does Radar Brokers hold?

Radar Brokers holds a single regulatory license. It is registered as a Forex Trading License holder with the Vanuatu Financial Services Commission (VFSC) under license number 14674. This is classified as an offshore regulated status. The broker does not possess licenses from any major, globally recognized financial regulatory bodies.

04-02
United States

What is the full company name of Radar Brokers?

The broker's full and legally registered name is Radar Brokers Limited.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States
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