Score

1.17 /10
Danger

March Global Ltd

United States

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index4.39

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

March Global Ltd

Company Abbreviation

March Global Ltd

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Pyramid scheme complaint
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I was invited to join a LINE g

I was invited to join a LINE group. When I was trading at a different investment company as instructed by a person named Kazutaka Nakata, I was advised to trade at March Global. Later, I was approached by Hikoichi Miyamoto, the person in charge of opening accounts at March Global, and opened an account. Hello everyone, I'm Hikoichi Miyamoto, account manager at March Global Exchange. He is always there for me. At Mr. Nakata's invitation, we would like to introduce our company and provide you with information related to FX ☕️ Since our exchange is connected to the international market, we conduct real-time trading with zero spread. Simply put, it means you can buy directly at market price without any middlemen or spreads. In addition, our exchange has adopted a zero-cut system, and new users are exempt from transaction fees for the first three months. Transactions after 3 months will incur a 5/1000th commission on each order. (Transaction fees are paid only once per transaction) After that, an assistant named Emi Sato appears and begins trading as instructed. Miyamoto says March Global is an international foreign exchange exchange supervised by the National Futures Association (NFA) and has the following advantages: 1. Reliable Regulation: As a company under the supervision of NFA, March Global is subject to strict regulation and supervision. The NFA is one of the major American financial regulators and requires strict compliance and transparency from the companies it regulates. This allows us to provide our customers with a safe and reliable trading environment. 2. Rich trading products: March Global offers a wide range of trading products, including various currency pairs, indices, commodities, and precious metals. This diverse product selection gives customers the flexibility to trade according to their needs and investment strategies. 3. Advanced Trading Platform: March Global offers an advanced trading platform with features such as fast execution, real-time price information, and chart analysis. These platforms are easy to use, have friendly interfaces, and support a variety of trading order types and automated trading strategies, offering convenience and flexibility to their customers. 4. Excellent Customer Service: March Global is committed to customer service and provides 24/7 customer support. A dedicated team will quickly answer customer questions and provide professional trading advice and technical support. 5. Strong Risk Management: March Global values risk management and uses various tools and strategies to manage trading risks. I became suspicious, and when I looked into March Global, I found out that it was not under NFA surveillance, which made me suspicious. When I applied for a withdrawal of funds and asked Miyamoto to cancel my account, he said hello. According to March Exchange system data, your trading account is not yet active. To ensure the safety of your account funds, you must deposit a deposit equal to the amount you wish to withdraw. This will activate your account. To ensure the safety of your account funds, please use them appropriately. I was told that I could not withdraw money.

2024-05-23 09:06
March Global Ltd · Company summary
March Global Ltd Review Summary
Founded2007
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsForex, Indices, Commodities, Stocks
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMetaTrader 5
Customer Support24/7, email: support@marchgloballtd.com

What is March Global Ltd?

March Global Ltd positions itself as a top-tier forex broker. It offers a variety of trading instruments, including currencies, commodities, stocks, and indices. Tight spreads, super-fast execution speeds, and advanced tools are all part of its package, all accessible through the popular MetaTrader 5 platform.

However, a critical detail is that March Global Ltd lacks regulation.

March Global Ltd's homepage

Pros & Cons

ProsCons
  • Wide Range of Products
  • No regulation
  • Tight Spreads
  • Limited Information on Fees
  • Fast Execution Speeds
  • Popular Platform (MetaTrader 5)

Pros:

Wide Range of Products: March Global Ltd offers a diverse selection of trading instruments beyond just forex. This allows you to potentially hedge your positions or capitalize on opportunities across different asset classes like commodities, stocks, and indices.

Tight Spreads: March Global Ltd claims tight spreads from 0.0 pips, which means lower transaction costs when entering and exiting trades. This is a significant advantage, especially for active traders who make frequent trades.

Fast Execution Speeds: March Global Ltd claims to have super-fast execution speeds, meaning your orders are filled almost instantly. This is particularly beneficial for high-frequency trading strategies that rely on quick execution to capitalize on fleeting market movements.

Popular Platform (MetaTrader 5): MetaTrader 5 is a widely used and well-regarded trading platform. Familiarity with the platform allows you to get started quickly and leverage existing knowledge of its features and functionalities. This can save time on learning a new platform and streamline your trading activity.

Cons:

Limited Information on Fees: While they boast low spreads, there is no information about additional fees like account inactivity charges, deposit/withdrawal fees, or swap fees (overnight interest charges).

Is March Global Ltd Legit or a Scam?

March Global Ltd is unregulated by any regulatory authorities.

Market Instruments

March Global Ltd. offers a vast selection of tradable instruments across four main categories.

Foreign Exchange (Forex): They claim to have 61 currency pairs available for trading. This is a good range, encompassing major, minor, and even some exotic currency pairs.

Commodities: They advertise 22 tradable commodities. This includes popular options like oil, gold, silver, and natural gas.

Stocks: With a staggering 1897 tradable stocks, March Global Ltd. boasts a very extensive selection. This allows you to potentially invest in a wide range of companies across various sectors and regions.

Indices: They offer 25 tradable indices. This includes major benchmarks like the S&P 500 and Dow Jones.

Market Instruments

Leverage

March Global Ltd. advertises high leverage of up to 1:500. This means that for every $1 you deposit, you can control a position worth up to $500 in the market. With higher leverage, potential profits can be magnified.

Leverage

Spreads & Commissions

March Global Ltd. emphasizes their tight spreads starting from 0.0 pips, particularly for the EURUSD pair, which they claim averages a mere 0.1 pips. Additionally, they claim to offer raw spreads, meaning the price you see is the price you get, without any markups. However, there is no more detailed information about the spreads and commissions on their website.

Spreads & Commissions

Trading Platform

March Global Ltd. utilizes MetaTrader 5 (MT5) as its primary trading platform. This is a popular choice among forex traders for several reasons. MT5 offers a robust charting interface with advanced tools. You can customize charts with multiple timeframes, utilize various technical indicators, and identify trends to inform your trading decisions.

MT5

Deposits & Withdrawals

March Global Ltd. supports credit/debit card deposits, wire transfers, and even in-person bank counter deposits. If you prefer the ease and speed of online transactions, they offer established platforms like Skrill, Neteller, and FasaPay. These allow for quick and convenient transfers to and from your trading account. They cater to specific regions by including local bank transfers. Additionally, UnionPay, a popular payment processor in China, and Bpay, commonly used in Australia, are also listed.

Deposits & Withdrawals

Customer Service

Customer service at March Global Ltd is available to assist you 24/7. You can reach them via email at support@marchgloballtd.com.

Conclusion

March Global Ltd is appealing with its variety of tradable instruments (forex, stocks, commodities) and the familiar MetaTrader 5 platform. They also advertise tight spreads.

Frequently Asked Questions (FAQs)

What can I trade with March Global Ltd?

They offer forex currencies, stocks, commodities like oil and gold, and indices.

What trading platform does March Global Ltd support?

They use the popular MetaTrader 5 (MT5) platform.

What is the leverage supported by March Global Ltd?

The leverage supported by March Global Ltd is up to 1:500.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.

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Valentin Yvk
more than one year
The fees with March Global seem to be around average. I haven't done a deep dive into competitor pricing, but it doesn't feel outrageously expensive.
The fees with March Global seem to be around average. I haven't done a deep dive into competitor pricing, but it doesn't feel outrageously expensive.
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2024-07-11 10:28
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Mkahiga Nairobi
more than one year
The platform at March Global Ltd is functional, but it's not the most intuitive. Customer support is fine if you don't need immediate help.
The platform at March Global Ltd is functional, but it's not the most intuitive. Customer support is fine if you don't need immediate help.
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2024-05-29 14:11
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