RedMars-Overview of Minimum Deposit, Leverage, Spreads

RedMars | 2024-12-05 10:59

Abstract：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.

RedMarsReview Summary
Founded	2020
Registered Country/Region	Cyprus
Regulation	CySEC
Market Instruments	Metals, indices, commodities, stocks, cryptocurrencies, forex
Demo Account	✅
Leverage	Up to 1:30 (Standard account)
Spread	Avg 1.2 pips
Trading Platform	MT5
Min Deposit	$250
Customer Support	24/5 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.

Pros and Cons

Pros	Cons
Regulated by CySEC	High minimum deposit requirement
Various trading products	Limited 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 Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Cyprus Securities and Exchange Commission (CySEC)	Regulated	RED MARS Capital LTD	Straight Through Processing (STP)	396/21

What Can I Trade on RedMars?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Metals	✔
Indices	✔
Stocks	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

Here are four account types RedMars offers:

Account Type	Min Deposit
STANDARD	$250
VIP	€50,000
Prime	$5,000
Micro	$250

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 Type	Spread	Commission
STANDARD	Avg 1.2 pips	❌
VIP	/	/
Prime Account	From 0.0 pips	€3.5/ lot per side
Micro Account	Avg 1.2 pips	❌

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	PC, MAC, mobile, WebTrader	Experienced traders
MT4	❌		Beginners

Deposit and Withdrawal

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

No fees or charges specified.

Leverage Broker Currency Pair Dealer Forex trading Forex Broker forex pips

Related broker

Regulated

RedMars

Company name：Red Mars Capital Ltd.

Score

6.80

Website：https://www.redmars.eu/

2-5 years | Regulated in Cyprus | Market Making(MM) | White label MT5

Score

6.80

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