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RedMars -

Score

6.80 /10
Average

RedMars

Cyprus

2-5 years

Regulated in Cyprus

Market Making(MM)

White label MT5

Regional Brokers

https://www.redmars.eu

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Comparison

Quantity 1

Exposure

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Score

Regulatory Index6.02

Business Index6.49

Risk Management Index9.50

Software Index7.77

License Index6.08

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Red Mars Capital Ltd.

Company Abbreviation

RedMars

Platform registered country and region

Cyprus

Company website

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Company summary

Pyramid scheme complaint

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RedMars

Cyprus

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Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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RedMars · Company summary
RedMarsReview Summary
Founded2020
Registered Country/RegionCyprus
RegulationCySEC
Market InstrumentsMetals, indices, commodities, stocks, cryptocurrencies, forex
Demo Account✅
LeverageUp to 1:30 (Standard account)
SpreadAvg 1.2 pips
Trading PlatformMT5
Min Deposit$250
Customer Support24/5 Live chat
Tel: +357 25252277 | +357 22007328
Email: support@redmars.eu
Facebook, Linkedin, X, Instagram
Address: 1st Floor Visionhire, Marikas Kotopouli, 3030 Limassol, Cyprus

RedMars Information

Founded in 2020, RedMars is a regulated broker registered in Cyprus, offering trading on metals, indices, commodities, stocks, cryptocurrencies and forex with leverage up to 1:30 and average spread from 1.2 pips on the leading MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $250.

RedMars' homepage

Pros and Cons

Pros Cons
Regulated by CySECHigh minimum deposit requirement
Various trading productsLimited payment options
Demo accounts
MT5 platform
24/5 live chat support

Is RedMars Legit?

Yes. ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC).

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Cyprus
Cyprus Securities and Exchange Commission (CySEC)RegulatedRED MARS Capital LTDStraight Through Processing (STP)396/21
Regulated by CySEC

What Can I Trade on RedMars?

Tradable Instruments Supported
Forex ✔
Commodities ✔
Metals✔
Indices ✔
Stocks ✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on RedMars?

Account Type

Here are four account types RedMars offers:

Account TypeMin Deposit
STANDARD$250
VIP€50,000
Prime $5,000
Micro $250
STANDARD account
VIP account
Prime account
Micro account

Leverage

The broker offers max leverage of 1:30. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

RedMars Fees

Account TypeSpreadCommission
STANDARDAvg 1.2 pips❌
VIP//
Prime Account From 0.0 pips€3.5/ lot per side
Micro Account Avg 1.2 pips❌

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔PC, MAC, mobile, WebTraderExperienced traders
MT4❌Beginners
MT5

Deposit and Withdrawal

The broker accepts payments via PayPal, Visa, and Mastercard.

No fees or charges specified.

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廖小任
more than one year
RedMars is a scam company, do not trade here! I have been cheated out of more than ten thousand dollars. I called the police, but the loss has not been recovered so far, and the company is still in business!
RedMars is a scam company, do not trade here! I have been cheated out of more than ten thousand dollars. I called the police, but the loss has not been recovered so far, and the company is still in business!
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2023-03-01 18:19
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