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MarcoFX -

Score

2.15 /10
Danger

MarcoFX

Marshall Islands

5-10 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

https://marcofx.com

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.20

Risk Management Index0.00

Software Index8.08

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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

Market Continental Ltd

Company Abbreviation

MarcoFX

Platform registered country and region

Marshall Islands

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-02-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
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MarcoFX · Company summary
MarcoFXReview Summary
Founded2017-05-18
Registered Country/RegionIndonesia
RegulationUnregulated
Market InstrumentsForex, Metals, Indexes, and Oil
Demo Account✅
LeverageUp to 1:400
Spread/
Trading PlatformMT4(PC, Desktop, and Mobile)
Min Deposit$10
Customer SupportTel: +60 183-179-880
Email: info@marcofx.com
Live Chat

MarcoFX Information

MarcoFX is a broker. The tradable instruments include 28 forex pairs, 2 metals, 3 US indexes, and oil. The broker also provides demo accounts and the MT4 platform with a maximum leverage of 1:400 and a minimum deposit of $10. MarcoFX is still risky due to its unregulated status and bad reviews about difficulty withdrawing money and scams.

MarcoFX Information

Pros and Cons

Pros Cons
Various trading instrumentsUnregulated
Leverage up to 1:400Island accounts unavailable
MT4 availableUnspecific fees information
Demo account available

Is MarcoFX Legit?

MarcoFX is not regulated, making it less safe than regulated brokers.

Is MarcoFX Legit?
Is MarcoFX Legit?

What Can I Trade on MarcoFX?

MarcoFX offers a wide range of market instruments, including 7 major forex pairs, 21 cross forex pairs, Gold, silver, and oil & 3 US-based indexes.

Tradable Instruments Supported
Forex✔
Indexes✔
Gold & Silver✔

Account Type

MarcoFX provides live accounts and the demo accounts are predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Leverage

The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.

Trading Platform

MarcoFX cooperates with the authoritative MT4 trading platform available on PC, Desktop, and Mobile to trade. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, Desktop, and MobileJunior traders
Trading Platform

Deposit and Withdrawal

The minimum deposit is $10. Withdrawal requests are accepted daily from 01:00 to 12:59 (GMT +7) and will be processed on the same day, otherwise, they will be processed on the next business day.

Deposit and Withdrawal

User Reviews

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User comment

2

Comments

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风铃2628
more than one year
I like Marco FX very much. Their MT4 trading platform is very easy to use, allowing me to trade forex with ease. In addition to that, their customer service is excellent. Whenever I have a problem or concern, they are always able to provide prompt and professional help. I am also very satisfied with their trading conditions, including low spreads and high leverage.
I like Marco FX very much. Their MT4 trading platform is very easy to use, allowing me to trade forex with ease. In addition to that, their customer service is excellent. Whenever I have a problem or concern, they are always able to provide prompt and professional help. I am also very satisfied with their trading conditions, including low spreads and high leverage.
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2023-03-22 11:46
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Stevano
more than one year
MarcoFX is definitely a terrible company! Never deal with any company that does not have a regulatory license, they will mercilessly scam your money.
MarcoFX is definitely a terrible company! Never deal with any company that does not have a regulatory license, they will mercilessly scam your money.
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2022-12-12 11:20
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