RedMars-Overview of Minimum Deposit, Leverage, Spreads
Abstract：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.
| RedMars Review Summary | |
| Founded | / |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC |
| Market Instruments | Metals, Indices, Commodities, Stocks, Cryptocurrencies, Forex |
| Demo Account | ✅ |
| Leverage | Up to 1:30 |
| Spread | Spreads from 0.0 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $250 |
| Customer Support | Tel: +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 Restrictions | the 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.
Pros and Cons
| Pros | Cons |
| Regulated by CYSEC | Regional restrictions |
| Various trading products | No MT4 |
| MT5 support | High minimum deposit |
| Demo account available | |
| Four types of accounts |
Is RedMars Legit?
| Regulated by | Cyprus Securities and Exchange Commission |
| Current Status | Regulated |
| Regulated Country | Cyprus |
| Regulated Entity | RED MARS Capital LTD |
| License Type | Market Maker (MM) |
| License No. | 396/21 |
What Can I Trade on RedMars?
| Tradable Instruments | Supported |
| Metals | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Forex | ✔ |
| Bonds | ❌ |
| ETFs | ❌ |
Account Type
| Account | Minimum Deposit | Suitable for |
| Standard | $250 | Beginner/ Intermediate |
| VIP | €50,000 | Professional traders |
| Prime | $5,000 | Advanced and High Volume Trade |
| Micro | $250 | Beginner/ Intermediate |
RedMars Fees
| Account | Spread | Commission |
| Standard | Avg Spread 1.2 pips | 0 |
| VIP | / | / |
| Prime | Spreads from 0.0 pips | €3.5/ lot per side commission |
| Micro | Avg Spread 1.2 pips | 0 |
Leverage
| Account | Leverage |
|---|---|
| Standard | Up to 1:30 |
| VIP | / |
| Prime | Up to 1:30 |
| Micro | Up to 1:30 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC/MAC, mobile, webTrader | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
RedMars provides PayPal, VISA, Unlimit, and Mastercard methods for Deposits and Withdrawals.
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