RadhikaFx Capital Markets Ltd.

What RadhikaFx Capital Markets Ltd. does

RadhikaFx Capital Markets Ltd. (legal entity Radhika Capital Markets Ltd) is a privately held online broker incorporated in Mauritius in 2021 and regulated by the Financial Services Commission under Investment Dealer license GB25204826. The company operates a multi-asset CFD brokerage serving retail traders globally, with services restricted in the USA, Canada, India, and the UAE. The core offering is the MetaTrader 5 platform, co-located at Equinix NY4 (New York) and LD4 (London) data centers, providing STP/ECN execution with average speeds under 30ms and sub-10ms for the Pro X tier. Product coverage spans 500+ tradable instruments across five asset classes: 60+ FX pairs, commodities (energies, metals, agriculture), major global indices, share CFDs on 500+ companies, and 50+ crypto CFDs.

The platform is delivered through three tiered account structures: Standard ($100 minimum, 3.0 pip markup, no commission, 1:500 leverage), Pro ($1,000 minimum, 2.5 pip, $7/lot, 1:200 leverage), and Pro X ($10,000 minimum, raw 0.0-pip spreads, $3.5/lot, co-located execution). Revenue is generated through spread markups on the Standard tier, per-lot commissions on Pro/Pro X tiers, and partner-sourced volume through a multi-tier Introducing Broker program plus a parallel CPA Affiliate program paying up to $500 per qualified lead. Funding and withdrawals are USDT-native (TRC20/ERC20), processed 24/7, which differentiates the broker from banking-rail-dependent competitors. An institutional Liquidity Services arm offers FIX API 4.4 connectivity and MT5 White Label to brokers and hedge funds using the same aggregated Tier-1 bank and ECN liquidity pool.

Go-to-market is hybrid: self-serve PLG onboarding via MT5 (account opening under 3 minutes per FAQ) supported by an IB/CPA channel partner motion that drives the majority of retail acquisition. Brand-building is concentrated in MENA, with active presence at ProFX Expo MENA Dubai, Forex Traders Summit Dubai, and Forex Expo Dubai 2025, and regional awards including 'Best Retail Forex Broker of the Year 2025'. No funding rounds, acquisitions, subsidiaries, or parent company relationships are disclosed; ownership appears founder/management-controlled.

Name

RadhikaFx Capital Markets Ltd.

Legal name

Radhika Capital Markets Ltd

Website

https://radhikafx.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

RadhikaFx Capital Markets Ltd. is a Mauritius-regulated (FSC GB25204826) online forex and CFD broker offering 500+ instruments across FX, commodities, indices, shares, and crypto on MetaTrader 5, serving global retail traders and institutional clients through tiered accounts and IB/CPA partner channels.

Ownership category

akta.pro rank

Product category

Retail Forex & CFD Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Retail FX/CFD Broker Trading Venues (FSAFADAD)

akta.pro secondary industries

Fiat On/Off-Ramps & Payment Rails (Exchange-Operated) (FSADAAAF), Copy Trading, Social Trading & Automated Trading Platforms (FSADAAAK)

Keywords

• Retail forex trading
• CFD brokerage
• MetaTrader 5 broker
• Crypto CFD trading
• Multi-asset trading platform

Headquarters

HQ city

Port Louis

HQ country

Mauritius

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Operations, Marketing or Sales, Personnel, Others

Revenue model

1. Spread Revenue (Standard Account): Standard account charges no commissions; revenue generated through wider spreads built into pricing (3 pips markup). Zero-commission model.
2. Commission Revenue (Pro & Pro X Accounts): Pro Account: $7/lot commission. Pro X Account: $3.5/lot commission (lower due to raw spread model). Commission-free Pro account mentioned with asterisk indicates industry-standard practice.
3. IB Partner Commissions: Lot-based rebates and revenue sharing from partner-referred trading volume. Multi-tier IB structure allows Master IBs to earn from sub-IB networks.
4. CPA Affiliate Referrals: One-time payouts up to $500 per qualified lead (registered, deposited, completed first trade). No ongoing management required.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

RadhikaFx Capital Markets Ltd. is an FSC Mauritius-regulated online broker that provides leveraged CFD trading access to 500+ instruments across Forex, Commodities, Indices, Shares, and Crypto via the MetaTrader 5 platform. The company offers tiered retail accounts (Standard, Pro, Pro X), USDT-based 24/7 funding, institutional liquidity/FIX API services, and partner programs (IB and CPA Affiliate) for client acquisition.

Product overview

RadhikaFx Capital Markets Ltd operates as a globally-regulated online trading broker offering a multi-asset platform ecosystem. The core offering centers on the MetaTrader 5 (MT5) platform, which provides access to 500+ tradable instruments across five asset classes: Forex (60+ currency pairs), Commodities (energies, metals, agriculture), Indices (major global benchmarks), Shares (500+ stock CFDs), and Crypto (50+ crypto CFDs). The company offers three account tiers differentiated by minimum deposit, spreads, and execution model: Standard Account ($100 min, STP execution, up to 1:500 leverage), Pro Account ($1,000 min, DMA execution, 1:200 leverage), and Pro X Account ($10,000 min, ECN execution, institutional-grade infrastructure). Beyond retail trading, the ecosystem includes a multi-tier IB Programme for introducing brokers, a CPA Affiliate Programme for performance marketing, and institutional Liquidity Services for brokers and funds. The company is regulated by FSC Mauritius (License GB25204826) and supports USDT-based funding with 24/7 processing.

Differentiator

Problem solved

Functional benefit

Products and services

• MetaTrader 5 (MT5) Trading Platform Industry-leading multi-asset trading platform offering 21 timeframes, 38+ technical indicators, algorithmic trading (EAs), one-click trading, and Depth of Market functionality. Available on desktop, iOS, Android, and web for retail and institutional clients.
• Forex Trading Trade 60+ currency pairs including major pairs (EUR/USD, GBP/USD) with spreads starting from 0.0 pips, leverage up to 1:500, and execution speed of 25ms via Equinix NY4 servers. Designed for retail and professional forex traders.
• Commodities Trading CFD trading on energies (WTI Crude, Brent Oil), metals (Gold XAU, Silver XAG), natural gas, and agriculture (Wheat) with up to 1:20 leverage and instant execution on MT5.
• Indices Trading Trade major global indices including US Tech 100 (NAS100), Wall Street 30 (US30), Germany 40 (GER40), and UK 100 (UK100) with 0.0 pips spreads and up to 1:100 leverage.
• Shares Trading

Quantifiable outcome

• Execution speed under 30ms average (under 10ms for Pro X)
• +3 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• Equinix (NY4/LD4 Data Centers)coreTechnology or IntegrationCo-location partnerships with Equinix NY4 (New York) and LD4 (London) data centers for ultra-low latency execution infrastructure. Average execution under 30ms with 99.9% uptime SLA.
• MetaQuotes (MT5 Platform)coreTechnology or IntegrationLicensed use of MetaTrader 5 platform technology. Provides trading terminal, charting, EA support, and mobile apps. Also offers White Label program for institutional clients.
• Tier-1 Banks & ECN Liquidity ProviderscoreTechnology or IntegrationAggregated liquidity from Tier-1 banks, Electronic Communication Networks (ECNs), and non-bank liquidity providers. Enables deep order books and minimal slippage for large orders.
• Tether (USDT)coreTechnology or IntegrationUSDT (Tether stablecoin) used as primary account currency and payment rail. Supports TRC20 and ERC20 networks for deposits and withdrawals with 24/7 availability.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• XM Group: CySEC-regulated MT4/MT5 broker with multi-tier accounts, IB/affiliate program, and global retail focus. Comparable in offshore-regulated MT5 platform distribution, tiered account model, and partner-driven customer acquisition.
• RoboForex: Belize-regulated MT4/MT5 broker with multi-tier accounts (Prime, ECN, Pro), IB program, and crypto funding support. Comparable in offshore regulation, tiered ECN/STP accounts, and partner-driven retail acquisition.
• Vantage: Cayman/ASIC-regulated MT4/MT5 ECN broker with raw-spread STP accounts, Equinix execution, and IB program. Comparable in ECN/STP model, Pro/RAW account tiers, and partner distribution.
• Tickmill: FCA/CySEC-regulated ECN broker with MT4/MT5, raw-spread Pro/VIP accounts, and IB program. Comparable in ECN execution, low-spread Pro account tier, and multi-jurisdiction regulatory footprint.
• IC Markets: Australia-based MT4/MT5 ECN broker offering raw spreads, Equinix co-located execution, and multi-asset CFDs. Closely comparable in execution model, platform choice, and target retail/professional trader segments.
• Pepperstone: ASIC and FCA-regulated MT4/MT5 ECN broker with Equinix infrastructure and Razor raw-spread accounts. Directly comparable on ECN execution model, Equinix co-location, and tiered account structure (Standard vs Razor).
• HFM (HF Markets): CySEC-regulated MT4/MT5 broker with multi-tier accounts, IB/affiliate program, and global retail target. Comparable in tiered account structure, partner-driven acquisition, and multi-asset CFD offering.
• Exness: Cyprus/Seychelles-regulated MT4/MT5 broker with instant withdrawals, multi-tier account structure, and global retail focus. Comparable in offshore regulation, payment-rail flexibility, and tiered retail-to-pro account ladder.
• Octa (OctaFX): St. Vincent-regulated MT4/MT5 broker with copy trading, IB program, and emerging-markets retail focus. Comparable in offshore MT5 platform, tiered retail accounts, and emphasis on developing-market traders.

Emerging players

• FXGT.com: Seychelles-regulated MT4/MT5 broker with crypto CFDs, USDT funding, and emerging-markets retail focus. Comparable in offshore regulation, crypto CFD emphasis, and USDT-native payment infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/radhikafx09

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RadhikaFx Capital Markets Ltd.