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RedMars -

Score

6.40 /10
Average

RedMars

Cyprus

2-5 years

Regulated in Cyprus

Market Maker (MM)

Suspicious Scope of Business

Medium potential risk

https://www.redmars.eu

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index6.02

Business Index6.68

Risk Management Index8.90

Software Index5.42

License Index6.08

Time Machine
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

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2025-08-04
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Survey

RedMars

Cyprus

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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RedMars · Company 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
MT5✔PC/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

User Reviews

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User comment

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Comments

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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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