Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/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

Open
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
Comment

Users who viewed REDMARS also viewed..

VT Markets

VT Markets

8.68
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
GTCFX

GTCFX

9.23
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
GTCFX
GTCFX
Score
9.23
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
Neex

Neex

8.64
Score
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Neex
Neex
Score
8.64
ECN Account15-20 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
HANTEC MARKETS

HANTEC MARKETS

8.53
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
HANTEC MARKETS
HANTEC MARKETS
Score
8.53
ECN Account15-20 yearsRegulated in United KingdomMarket 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

Relationship Map

vip Subscribe in the App to unlock!
Download App
vipvip
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 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

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

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

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
View More
Write a Review
2
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome Extension

Global Forex Broker Regulation Query

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

Select Country/Region
United States
※ 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.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com