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/10

REDMARS

Cyprus Cyprus | 5-10 years |
Regulated in Cyprus | Market Making License (MM) | Suspicious Scope of Business | Medium potential risk

https://www.redmars.eu/

Website

Rating Index

Contact

+357 25252277
https://www.redmars.eu/
Manoli Kalomoiri & Marikas Kotopouli, 20, Vision Hire Court, 1st floor, 3030 Limassol, Cyprus

license Forex License 1

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

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WikiFX Risk Alerts
  • The current information shows that this broker does not have a trading software. Please be aware!

Basic Information

Registered Region
Cyprus
Operating Period
5-10 years
Company Name
Red Mars Capital Ltd.
Abbreviation
REDMARS
Employees
--
Email
support@redmars.eu
Contact Number
+35725252277
Address
Manoli Kalomoiri & Marikas Kotopouli, 20, Vision Hire Court, 1st floor, 3030 Limassol, Cyprus
Account Info
Verified Site
Relationship Map
Related Companies
Employees
About Us
Wiki Q&A
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10-15 yearsRegulated in CyprusMarket Making License (MM)MT4 Full License
Official Website

Verified Site

  • France redmars.eu
    51.195.106.107
  • United Kingdom redmars.trade
    178.62.120.207

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REDMARS

Related Companies

RED MARS CAPITAL LTD(Cyprus)
Cyprus
RED MARS CAPITAL LTD(Cyprus)
Active
Cyprus
Registration No.HE399243
Est. Date
SourceWebsite Announcement
Employees

Company Profile

Company Profile

Review summary

RedMars Review Summary
Founded/
Registered Country/RegionCyprus
RegulationCYSEC
Market InstrumentsMetals, Indices, Commodities, Stocks, Cryptocurrencies, Forex
Demo Account
LeverageUp to 1:30
SpreadSpreads from 0.0 pips
Trading PlatformMT5
Minimum Deposit$250
Customer SupportTel: +357 25252277, +357 22007328
Email: support@redmars.eu
Social Media: X, Facebook, LinkedIn, Instagram
Address: Manoli Kalomoiri & Marikas Kotopouli, 20, Vision Hire Court, 1st floor, 3030 Limassol, Cyprus
Regional Restrictionsthe United States of America, Iran, Myanmar, North Korea

RedMars is a broker regulated by CYSEC, registered in Cyprus. RedMars provides metals, indices, commodities, stocks, cryptocurrencies, and forex for investors. It also offers demo accounts and the MT5 trading platform. The leverage is up to 1:30, and the minimum deposit is $250.

info

Pros and Cons

ProsCons
Regulated by CYSECRegional restrictions
Various trading productsNo MT4
MT5 supportHigh minimum deposit
Demo account available
Four types of accounts

Is RedMars Legit?

Regulated byCyprus Securities and Exchange Commission
Current StatusRegulated
Regulated CountryCyprus
Regulated EntityRED MARS Capital LTD
License TypeMarket Maker (MM)
License No.396/21
license

What Can I Trade on RedMars?

Tradable InstrumentsSupported
Metals
Indices
Commodities
Stocks
Cryptocurrencies
Forex
Bonds
ETFs
assets

Account Type

Account Minimum DepositSuitable for
Standard$250Beginner/ Intermediate
VIP€50,000Professional traders
Prime$5,000Advanced and High Volume Trade
Micro$250Beginner/ Intermediate
Account Type

RedMars Fees

Account SpreadCommission
StandardAvg Spread 1.2 pips0
VIP//
PrimeSpreads from 0.0 pips€3.5/ lot per side commission
MicroAvg Spread 1.2 pips0

Leverage

Account Leverage
StandardUp to 1:30
VIP/
PrimeUp to 1:30
MicroUp to 1:30

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5PC/MAC, mobile, webTraderExperienced traders
MT4/Beginners
Trading Platform

Deposit and Withdrawal

RedMars provides PayPal, VISA, Unlimit, and Mastercard methods for Deposits and Withdrawals.

Deposit and Withdrawal

Company Profile

  • 5-10 years
  • Regulated in Cyprus
  • Market Making License (MM)
  • Suspicious Scope of Business
  • Medium potential risk

Wiki Q&A

What is the regulatory status and risk profile of REDMARS?

Red Mars Capital Ltd. operates with a Cyprus Securities and Exchange Commission (CYSEC) Market Making License (396/21), establishing it as a regulated entity within the European Union. The WikiFX assessment score of 6.39 reflects this oversight, though a thorough review of all operational terms is prudent before engagement.

04-02
United States

When was REDMARS established?

Red Mars Capital Ltd., operating from Cyprus, has been active in the market for 5 to 10 years.

04-02
United States

How can I withdraw money from REDMARS?

Specific withdrawal methods and processing times for this broker are not publicly detailed. Traders should consult the broker's official client portal or contact customer support directly for the most current funding and withdrawal policies.

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

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

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

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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