Marvel foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://secure.fxmarvel.com/register, about the company's legal and temporary regulatory information, the company's address Building 12, Office no 801, Bay Square, Business Bay, Dubai.
Marvel, established in 2022, is a global brokerage firm based in the United Arab Emirates. The company operates from its headquarters located at Building 12, Office No. 801, Bay Square, Business Bay, Dubai. As a private entity, Marvel focuses on providing a range of trading services to retail and institutional clients across various financial markets.
Since its inception, Marvel has aimed to cater to a diverse clientele, offering access to financial instruments including forex, equities, indices, and commodities. While the company is relatively new in the brokerage industry, it has quickly established itself as a player in the market. However, potential clients should note the absence of regulation, which raises concerns regarding the safety and security of trading with this broker.
Marvel operates primarily in the retail forex market, providing trading services that allow clients to engage in speculative trading activities. The broker's business model is designed to accommodate various trading needs, and it offers different account types to suit the preferences of its clients.
Marvel is currently not regulated by any major financial authorities, which is a significant point of concern for potential traders. The absence of regulation means there is no oversight to ensure that the broker adheres to industry standards or protects clients' funds.
Given these factors, clients are advised to exercise caution and conduct thorough research before engaging with Marvel, as the lack of regulation can expose them to higher risks.
Marvel offers a diverse selection of trading products, allowing clients to access a wide range of financial markets. The broker provides the following instruments:
The broker regularly updates its product offerings, although specific information regarding the frequency of updates or the introduction of new products is not available.
Marvel provides access to the MetaTrader 5 (MT5) trading platform, which is known for its advanced features and user-friendly interface.
Supported Platforms:
MT5: Available on Windows, iOS, and Android devices, allowing traders to access their accounts and execute trades from various devices.
Web-Based Trading: The broker also offers a web-based platform, enabling clients to trade directly from their browsers without the need for software installation.
Execution Model: Marvel operates as a market maker, which means it may take the opposite side of clients' trades. This model can lead to potential conflicts of interest, as the broker profits from clients' losses.
Technical Infrastructure: While specific details about server locations and technical infrastructure are not provided, the broker claims to use advanced technology to ensure efficient trade execution.
API Access: There is no mention of API access or support for automated trading strategies.
Marvel offers several account types to cater to different trading needs. However, specific details regarding the conditions for each account type are limited:
Standard Account: The minimum deposit, spreads, and commissions are not specified, which can be a drawback for potential clients.
Special Accounts: Options such as Islamic accounts and corporate accounts are available, although detailed terms are not provided.
Demo Account: A demo account is offered, allowing clients to practice trading without financial risk.
Leverage: The broker does not specify leverage ratios, which can vary based on the trading instrument and account type.
Minimum Trade Size: The minimum trade size is not disclosed, making it challenging for traders to assess their potential investment requirements.
Overnight Fees: Information regarding overnight fees or swap rates is not available.
Marvel provides various methods for clients to manage their funds, although specific details about each method are limited:
Deposit Methods:
Bank Transfers: Available for deposits in currencies such as AED, USD, and EUR.
Credit/Debit Cards: Visa, Mastercard, and Maestro are accepted.
E-Wallets: Options like Neteller and Skrill are available, supporting multiple currencies.
Cryptocurrency: Clients can deposit using cryptocurrency via BitPay.
Minimum Deposit Requirements: The broker does not specify minimum deposit amounts for different account types.
Deposit Processing Time: Specific processing times for deposits are not provided.
Deposit Fees: Marvel claims not to charge any deposit fees, although payment provider fees may apply.
Withdrawal Methods: Similar to deposits, various methods are available for withdrawals, but specific limitations and processing times are not disclosed.
Marvel offers multiple channels for customer support, which include:
Support Channels:
Phone: Clients can contact support at +971 48321089.
Email: Support is available via info@fxmarvel.com.
Contact Form: A contact form is available on their website for inquiries.
Service Hours: Specific service hours are not disclosed, which may vary depending on the client's location.
Language Support: The broker provides support in English, although additional language options are not mentioned.
Educational Resources: Marvel offers a range of educational materials, including webinars, video tutorials, and market analysis reports, aimed at enhancing traders' knowledge and skills.
Trading Tools: Tools such as economic calendars and trading calculators are available to assist clients in their trading activities.
Marvel aims to provide services to a global market, although specific details about its regional coverage are limited:
In summary, while Marvel broker offers a variety of trading products and services, potential clients should carefully consider the lack of regulation and the limited information provided about account types, trading conditions, and fund management practices. It is essential to conduct thorough research and stay informed about the risks associated with trading through unregulated brokers.
FX3985545658
India
broker is been regulated by Sharvik Dhadda from delhi and RK both of them have made a scam and gone to dubai. Not giving the money and withdrawal of the profit also. will soon provide with all the proofs amd photos of sharvik and RK when they were in india and made a scam. All people are making complaints in police stations here. will expose them in front of indian media soon.
Exposure
2024-07-13