Review summary
Riyadex Financial Markets Ltd., operating as Riyadex Financials, is a relatively new broker established within the last year and registered in Saint Lucia. According to WikiFX data, the broker offers accounts like Standard, Raw, and Pro with a minimum entry condition of $100, leverage up to 1:1000, and spreads starting from 1.0 pips. It operates MT5 platforms, which suggests a focus on technical infrastructure. Crucially, the entity holds no valid forex trading licenses from major regulatory authorities and is identified as operating without mainstream financial oversight. Its WikiFX SkyEye Score of 1.55 reflects this fundamental lack of regulatory standing and associated risks. Investors are strongly advised to exercise caution and conduct thorough due diligence before considering any engagement with this firm due to its unregulated status. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-11)
