Marret foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://marretinvest.org/es/index.php, about the company's legal and temporary regulatory information, the company's address .
Marret broker review
Marret Invest, established in 2017, is a forex and CFD brokerage firm that claims to operate from multiple locations, including Hong Kong and Russia. The company is privately held and primarily targets retail traders, particularly in Latin America, as indicated by the predominant Spanish version of its website. Marret Invest appears to be a relatively new player in the online trading landscape, with a focus on providing access to various financial instruments including forex, indices, commodities, and stocks.
The company operates under the name Marret Management Limited, which is associated with Novared Ltd. Despite its claims of offering a robust trading platform and various account types, there is limited information regarding its operational history and significant milestones. The business model primarily revolves around retail forex trading, providing clients with the ability to trade on the popular MetaTrader 5 platform, along with competitive trading conditions. However, the lack of regulatory oversight raises concerns about the safety of investor funds.
Marret Invest is not regulated by any major financial authorities, which poses significant risks for potential investors. The company does not provide any regulatory license numbers or claims to be overseen by recognized regulatory bodies such as the FCA (Financial Conduct Authority) in the UK or ASIC (Australian Securities and Investments Commission). The absence of regulation means that clients' funds are not safeguarded under any investor compensation schemes.
Furthermore, Marret Invest does not offer any client fund segregation policies, which is a standard practice among regulated brokers to ensure that client funds are kept separate from the broker's operational funds. The firm has not disclosed any specific KYC (Know Your Customer) or AML (Anti-Money Laundering) compliance measures, which are critical for preventing fraud and ensuring the security of client accounts.
Marret Invest offers a limited selection of trading products, primarily focusing on the forex market. The broker provides access to approximately 39 currency pairs, including major, minor, and exotic pairs. Additionally, it offers trading in various CFDs (Contracts for Difference) covering indices, commodities, stocks, and precious metals.
The range of CFDs includes:
Marret Invest does not frequently update its product offerings, and there is no indication of plans to expand its asset classes. The focus remains primarily on forex and a handful of CFDs.
Marret Invest supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely recognized for their user-friendly interface and advanced trading capabilities. The MT5 platform is available for download on various devices, including Windows, Mac, iOS, and Android. Additionally, traders can access a web-based version of the platform, allowing for flexibility in trading without needing to install software.
The broker operates on a Market Making execution model, which may lead to potential conflicts of interest, as the broker acts as the counterparty to client trades. The technical infrastructure appears to be standard, with no specific details provided about server locations or the underlying technology that supports the trading environment.
Marret Invest does not offer API access or automation tools, which limits the capabilities for algorithmic trading or advanced trading strategies.
Marret Invest offers three types of trading accounts, each with varying minimum deposit requirements and trading conditions:
Mini Account:
Minimum Deposit: $1,000
Spread: From 1.6 pips
Commission: $0
Standard Account:
Minimum Deposit: $5,000
Spread: From 1.6 pips
Commission: $0
Premium Account:
Minimum Deposit: $50,000
Spread: From 1.3 pips
Commission: $0
The leverage offered by Marret Invest varies by account type, with a maximum leverage of 1:200 for the Mini account, 1:300 for the Standard account, and 1:500 for the Premium account. The minimum trade size is set at 0.01 lots, which allows for micro trading.
The broker does not charge any commissions on trades, but the floating spreads can widen during volatile market conditions, which may affect trading costs.
Marret Invest provides a limited range of deposit and withdrawal options, which include:
The minimum deposit requirement varies by account type, with the Mini account starting at $1,000. The processing time for deposits is generally quick, although specific timeframes are not disclosed. There are no stated fees for deposits, but traders should be cautious as hidden fees may apply.
Withdrawals can be made using the same methods as deposits, and the processing time for withdrawal requests ranges from 3 to 5 days. However, the broker does not specify any fees associated with withdrawals, which can lead to uncertainty for clients.
Marret Invest offers customer support through various channels, including:
The support services are available during standard business hours, but specific time zone coverage is not clearly stated. The broker provides limited multilingual support, primarily focusing on Spanish and English.
In terms of educational resources, Marret Invest does not offer comprehensive training materials or market analysis tools. There are no webinars, tutorials, or e-books available to assist traders in improving their skills. The lack of educational resources is a significant drawback, especially for novice traders seeking guidance.
Marret Invest primarily serves clients in Latin America and Eastern Europe, with a particular focus on Spanish-speaking countries. The broker has a physical presence in Hong Kong and Russia, which helps facilitate its operations in these markets.
However, specific countries or regions where clients may be restricted are not explicitly mentioned on the broker's website. It is advisable for potential clients to check local regulations before attempting to open an account with Marret Invest, as trading with an unregulated broker can pose significant risks.
In conclusion, while Marret Invest offers a range of trading services, the lack of regulation, limited educational resources, and potential risks associated with trading on an unregulated platform should be carefully considered by prospective clients.