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Fx-mars Forex broker specializes in providing foreign exchange trading services, the company's official website http://trader.fx-mar..., the company's legitimate regulatory information AustraliaASICStraight Through Processing (STP) to enhance the security of the company's address

Fx-mars Forex Broker

Basic Information

Registered Region
The Virgin Islands
Operating Period
--
Company Name
Fx-mars Co., Ltd
Abbreviation
Fx-mars
Company employee
--
Contact Number
4001203053
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: For some unknown reason, we cannot open Fx-mars official site (http://www.fx-mars.co.uk/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue. Risk Warning The Australia ASIC regulatory (license number: 428289) claimed by this broker is a suspicious clone, please be aware of the risk! Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation Fx-mars, a trading name of Fx-mars Co., Ltd, is allegedly a forex broker registered in the Virgin Islands that claims to provide its clients with the state-of-the-art MetaTrader4 trading platform. As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc. As for regulation, it has been verified that Fx-mars has a suspicious clone Australia Securities & Investment Commission (ASIC) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.44/10. Please be aware of the risk. Field Survey It was confirmed after the surveyor‘s inspection that the real address of Fx-mars in Australia was different from its regulation address. The broker’s Common Financial Service License (Regulatory No.428289) issued by ASIC was suspected to be a clone. Market Instruments Fx-mars advertises that it is a forex broker that mainly offers forex currency pairs trading. However, more specific information about tradable assets cannot be found on the Internet. Trading Platform Available The platform available for trading at Fx-mars is the industry-standard MetaTrader4. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5. Customer Support Fx-mars‘ customer support can be reached by telephone: 4001203053. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

Rating Index

How to login to Fx-mars?
fx-mars Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide will walk you through the essential steps to successfully register, open an account, and log in to the fx-mars platform. Whether you are a beginner or an experienced trader, understanding thes

  

Fx-Mars Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Fx-Mars, officially known as Fx-Mars Co., Ltd., is an international online forex and CFD broker established in 2018. The company is headquartered in Victoria, Seychelles, and operates as a private entity. Fx-Mars primarily serves retail clients and institutional traders, providing access to a wide range of financial markets.

  Since its inception, Fx-Mars has focused on delivering exceptional brokerage services, allowing clients to trade various instruments, including major currency pairs, commodities, and stock indices. The broker has made significant strides in the industry, leveraging advanced technology and a robust trading platform to enhance the trading experience for its users.

  Fx-Mars operates on a STP (Straight Through Processing) and ECN (Electronic Communication Network) model, ensuring that clients benefit from deep interbank liquidity sourced from major financial institutions. This model helps maintain competitive spreads and efficient trade execution, catering to the diverse needs of its clientele.

  

2. Regulatory and Compliance Information

  Fx-Mars is regulated by the Seychelles Financial Services Authority (SFSA) under the Seychelles International Business Authority (SIBA). The regulatory number associated with Fx-Mars is SIBA. The broker's license is designed to ensure compliance with international standards, providing a degree of security and oversight for its clients.

  The regulatory framework allows Fx-Mars to operate legally within the financial markets, offering services to clients while adhering to the necessary compliance measures. The broker implements a segregated accounts policy to protect client funds, ensuring that traders' capital is kept separate from the company's operational funds.

  In addition to maintaining regulatory compliance, Fx-Mars follows strict KYC (Know Your Customer) and AML (Anti-Money Laundering) protocols to prevent fraud and ensure the integrity of its operations. This commitment to compliance helps build trust and confidence among its users, making Fx-Mars a reliable choice for forex trading.

  

3. Trading Products and Services

  Fx-Mars offers a diverse range of trading products, including access to over 50 currency pairs, covering major, minor, and exotic pairs. In addition to forex trading, the broker provides a selection of CFD products across various asset classes, including commodities, stock indices, and precious metals such as gold and silver.

  While Fx-Mars does not currently support cryptocurrency trading, it remains committed to expanding its product offerings in response to market demand. The broker regularly evaluates its product lineup, ensuring that clients have access to the latest trading instruments.

  Fx-Mars caters to both retail and institutional clients, providing tailored services that meet their unique trading needs. The broker also offers white-label solutions for businesses looking to establish their own trading platforms, as well as asset management services for investors seeking professional management of their portfolios.

  

4. Trading Platforms and Technology

  Fx-Mars exclusively utilizes the MetaTrader 4 (MT4) trading platform, renowned for its user-friendly interface and advanced trading capabilities. The MT4 platform supports automated trading through Expert Advisors (EAs), allowing traders to implement their strategies with minimal manual intervention.

  While Fx-Mars does not offer a proprietary trading platform, the MT4 platform provides a comprehensive suite of tools for market analysis, including advanced charting features and technical indicators. Clients can access MT4 via desktop, web, and mobile applications, ensuring that they can trade on the go.

  The broker's trading infrastructure is designed to support high-frequency trading and ensure low latency in order execution. Fx-Mars employs robust server technology to enhance the trading experience, and it allows for API access for clients interested in algorithmic trading.

  

5. Account Types and Trading Conditions

  Fx-Mars offers several account types tailored to meet the needs of different traders. The standard account type requires a minimum deposit of $10, with variable spreads and no commission fees. The broker provides a maximum leverage of 1:500, allowing traders to amplify their positions in the market.

  For more experienced traders, Fx-Mars offers specialized accounts, including options for managed accounts and accounts specifically designed for money managers (MAM/PAMM). The broker also provides demo accounts for clients to practice trading strategies without risking real capital.

  The minimum trade size is 0.01 lots, with a maximum trade size of 300 lots. Fx-Mars allows for overnight trading and offers competitive overnight fees, ensuring that traders can maintain their positions without significant additional costs.

  

6. Fund Management

  Fx-Mars supports various deposit methods, including bank transfers, credit cards, and electronic wallets such as WebMoney. The minimum deposit requirement varies by account type, with the standard account starting at just $10.

  Deposits are processed quickly, typically within 1-3 business days, depending on the method used. Fx-Mars does not charge any deposit fees, making it cost-effective for clients to fund their accounts.

  Withdrawal options include the same methods as deposits, with processing times ranging from 1-5 business days. Fx-Mars has a transparent fee structure, with withdrawal fees varying based on the chosen method. Clients can expect a straightforward withdrawal process, ensuring easy access to their funds.

  

7. Customer Support and Educational Resources

  Fx-Mars provides comprehensive customer support through various channels, including email, live chat, and social media platforms. The support team is available to assist clients during business hours, ensuring that traders receive timely assistance for their inquiries.

  The broker supports multiple languages, including English and Russian, to cater to its diverse client base. Additionally, Fx-Mars offers a range of educational resources, including webinars, tutorials, and eBooks, to help traders enhance their skills and knowledge of the forex market.

  Market analysis services are also available, providing clients with daily insights, news, and research reports to aid their trading decisions. Fx-Mars offers various trading tools, including calculators and economic calendars, to support traders in their market analysis.

  

8. Regional Coverage and Restrictions

  Fx-Mars primarily serves clients in Seychelles and has a growing international presence. The broker has established regional offices to enhance its service delivery and cater to clients in different geographical locations.

  However, Fx-Mars does not accept clients from certain countries due to regulatory restrictions. It is essential for potential clients to verify their eligibility before opening an account. The broker remains committed to compliance with international regulations and ensures that all operations are conducted within the legal framework.

  In summary, the fx-mars broker offers a comprehensive range of trading services, supported by a robust regulatory framework and advanced technology. With its commitment to client satisfaction and continuous improvement, Fx-Mars is well-positioned to meet the diverse needs of traders in the global forex market.

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Latest Reviews

FX1278739938

FX1278739938

United Kingdom

Fx-mars is a complete scammer, it claims to be registered in Australia but has no local office. The so-called ASIC regulatory license is also fake.

Positive

2023-03-01

FX1131003933

FX1131003933

Pakistan

Registered in a country that harbor frauds, customer service is not up to par, they didn't work on my withdrawal request and instead kept asking for more capital...

37130

2022-12-12

Fx-mars Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.34, Software Index 4.00 Risk Control Index 0.00.