Radar Brokers: VFSC licence 14674

The broker states that client funds are held in custody at the National Bank of Vanuatu, kept separate from company money, and that deposits and withdrawals are only permitted between accounts in the client's own name. These are the broker's own statements. Because no financial regulator was confirmed to supervise the firm, there is no identified authority that could enforce them and no compensation scheme is mentioned.

The disclaimer carried on every page states that the company does not provide services to residents of jurisdictions that forbid derivatives trading, and names the United States, Brazil, Belgium, Hong Kong and Macau. The dependent territories of the United States are treated as covered by that block. Note that the account opening form itself is a telephone dialling code picker that still lists all five, so the published policy is not enforced at signup.

US and Hong Kong listed shares, global stock indices, metals and energy derivatives, funds and bonds. The China A50 index derivative, symbol CHI50, is promoted separately with its own fee schedule and trading rules. This is a securities and derivatives offering rather than a conventional foreign exchange one.

Two. Radar Trader is the broker's own application, published for iOS and Android at version 2.0.6, and carries account management, the copy trading community and the market data feed. MetaTrader 5 is offered separately for Windows, iOS and Android; the Windows and Android installers are served from the broker's radar.fund domain. MetaTrader 4 is not offered.

The broker states that an international wire transfer normally takes one to five business days, and that the exact timing depends on the sending bank. Where a transfer is delayed, it asks clients to check the details of the transfer with the sending bank first.

The minimum withdrawal is USD 100 and the broker states no per transaction or daily ceiling. The standard platform charge is 0.4 percent with a floor of USD 20 per withdrawal. That charge is waived when withdrawing to a Bano account, while a wire to any other bank is charged USD 50 per transaction. Deposits carry no broker fee.

Leverage is expressed as margin rates rather than ratios. The derivative accounts carry a minimum margin of 2 percent, which corresponds to about 50 to 1. The US stocks global account requires at least 25 percent margin, roughly 4 to 1, and the Hong Kong stocks global account at least 50 percent, roughly 2 to 1. The comprehensive share accounts do not permit short selling.

Radar Brokers publishes no minimum opening deposit for any of its seven account types. The only funding threshold it states is on the way out: the minimum withdrawal is USD 100.

The English homepage states that Radar Financial Group and its affiliates hold a broker dealer licence in the United States as well as in Vanuatu. No United States authority, licence number or licensed entity is named anywhere on the site, and the broker's own compliance page names only Vanuatu. The claim could not be substantiated and should be treated as unsupported marketing.

The operating entity is Radar Brokers Limited, a Vanuatu international company registered since June 2016, named consistently in the site footer, the copyright notice, the anti money laundering policy and the margin account agreement. A second entity, Radar International Markets Advisory Limited, appears on the download page as the publisher of the iOS application; the broker discloses neither its jurisdiction nor its registration number, and it does not appear on any Vanuatu register.

It refers to the company's registration on the Vanuatu International Companies register. The entry shows RADAR BROKERS LIMITED, company number 14674, a private international company registered on 29 June 2016, status Registered, with an annual return last filed on 3 June 2026 and a registered office at 1st Floor B&P House, Kumul Highway, Port Vila. The record can be reached through the Vanuatu Financial Services Commission entity search.

No confirmed financial regulation was established. Radar Brokers publishes one credential, described on its compliance page as a Vanuatu Financial Services Commission licence numbered 14674. That number resolves on the Vanuatu Financial Services Commission International Companies register to RADAR BROKERS LIMITED, company number 14674, a private international company. It is the firm's company registration number, not a financial services licence, and a company registration confers no permission to take client deposits or deal in securities.