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Marex Spectron Forex Broker provides real users with * positive reviews, * neutral reviews and 6 exposure review!

Marex Spectron Broker Review

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Marex Spectron Review 6

Latest All(6) Exposure(6)
Exposure
Scam

After causing forced liquidation, the platform gave no access to withdrawal. Huge amount of fund was doomed.

孙永秋
2020-04-08
Exposure
Scam Marex Spectron coveted clients’ fund.

The 2 withdrawals are all under verification. The customer service doesn’t reply to me. In addition, I bought the offshore RMB with $1 per pip. But during the trading, the platform modified the spread into $60 per pip, leading to my losses of $24000.

孙永秋
2020-02-29
Exposure
Fraud platform doesn’t audit my request for withdrawal and hang up me phone directly.

I have applied for the withdrawal which was always in the status of audit,for one week.

Fighting for life
2019-09-06
Exposure
MAREX gives no access to withdrawal and has absconded

The platform hasn’t audited my request for withdrawal,seems like absconded.They say something I don’t understand on the phone and hang off. Be aware of this platform. I will post more exposures on this fraud platform!

Fighting for life
2019-09-06
Exposure
Qiuchen Meng's fraud plateform of MAREX

I was invited into a stock group I don’t know by whom in June,which was a QQ group names “Yipinhong”.A teacher named Qiuchen Meng taught us freely.Her name of live broadcast was:Yipinhong.There are five teachers in it including Qiuchen Meng,Yihong Wang,Gang Yang,Zongyao Chen and Shouyi Zhu.Meng said they were competing and told us to vote on her.Sometimes she could win several hundred thousand USD within several minutes by operating DJI directly.She said she has great funds and has set the price of take profit and stop loss and controlled the position,as well as she has a senior fellow apprentice who has a dedicated research team in doing stocks for over 20 years.With high profits and accuracy,they could beat the market by 80%.So I listened to them and watched their operation.It’s said that it only enrolls 88 people annually.Celebrities can operate stock&ETF and DJI,etc.The so-called attendance depends on attendance rate and doing homework.Only good performers can they join.During that time,two person contacts me everyday and supervise my study and attendance,as well as gives me an AD card.The two person are namely Jason who has changed his name.Under their so-called supervision and concern,as well as the encouragement of Meng,who recommeds us a service manager ZhenLi.She said the manager will serve us specially.Now she recommends us to open an account.So I opened an account on 12nd,June and operated with the guide of Zhenli.During 13rd and 21st in June,I collected for 101,600 USD and deposited in it.I was not allowed to operate by myself to pay to the private account (including Pingping Xiong,Zhiwei Zuo and Chunyan Yuan).The so-called captain will group according to the amount of money each of us deposited in.At first there a person names Duoxing Zhe, who is the the senior fellow apprentice of Meng and said to be best.And the person with operation is named Jianglong Guo maybe Xinlong.I followed him and earned more than RMB 100 thousand.They continued asking me add funds since I didn’t put too much in at beginning and promised to upgrade my group,thus earning more within more operations.I was woolly-minded so I raised money everywhere and deposited over RMB 700 thousand totally.On Friday, June 21st,Meng said the lesson would pause and operate completely in next week,as well as told us to talk about operation with our captain.I haven’t operated and received no notifications during 21st to 28th .They said person with great funds are operating and those who with less funds will not be notified if the market is unhealthy.I wanted to withdraw my money on 27th,but it hasn’t been to the account yet for 3 days.I felt something was wrong.The customer service told me to wait for 3 days at the latest patiently.I withdrawed other funds,but all of which was under cash collector’s confirmation and was unavailable.I contacted all people on 28th,June and nobody responded.Then I knew I have been cheated.

FX8361640492
2019-07-25
Exposure
MAREX’s escape is responsible for the deposit unattainable

Meng Qiuchen, female, over thirty. Meng said that she was backed by a professional team, and advised me to buy forex. But I couldn't withdraw my money as soon as I deposited in my MMAREX’s account. Now the platform is unaccessible. I have reported to the police, hoping that all those cheaters will be arrested. Its former website is www.marexforex.com, but the website belongs to another platform now.

芳芳
2019-07-17

  

Marex Spectron 2025 Review: Everything You Need to Know

  Marex Spectron has garnered mixed reviews in the trading community, with some users praising its range of services while others raise concerns about customer support and withdrawal issues. Established in 2005 and regulated in the UK and Hong Kong, Marex Spectron offers access to various financial instruments, including forex, commodities, and financial futures. However, potential clients should be cautious, as there are reports of withdrawal difficulties and regulatory scrutiny.

  Note: It is essential to note that Marex operates through multiple regional entities, which may lead to varying experiences based on geographical location. This review aims for fairness and accuracy by analyzing diverse sources.

  

Ratings Overview

Category Rating (Out of 10)
Account Conditions 6
Tools and Resources 7
Customer Service and Support 5
Trading Setup (Experience) 6
Trustworthiness 6
User Experience 5
Regulatory Compliance 6

  We score brokers based on user feedback, expert opinions, and regulatory standings.

  

Broker Overview

  Founded in 2005, Marex Spectron operates from its headquarters in London, UK, at 155 Bishopsgate. It provides trading services across multiple asset classes, including forex, commodities, and financial futures. The broker is regulated by the UK's Financial Conduct Authority (FCA) and the Hong Kong Securities and Futures Commission (SFC). Notably, Marex does not support popular trading platforms like MT4 or MT5, opting instead for proprietary platforms that cater to institutional clients.

  

Detailed Overview

  Marex Spectron is regulated in multiple jurisdictions, primarily in the UK and Hong Kong. This dual regulation provides a level of security for clients, although some reports indicate that the firm has exceeded its regulatory scope in certain instances.

  Deposit and Withdrawal: The broker does not specify a minimum deposit requirement, which can be a point of concern for new traders. Withdrawal complaints have emerged from users, with reports of requests being stalled or ignored, raising red flags regarding the broker's operational transparency.

  Bonuses and Promotions: There is little information available regarding bonuses or promotional offers, which may appeal to traders looking for incentives to engage with the platform.

  Asset Classes: Marex Spectron offers a comprehensive range of tradable assets, including forex, commodities, and financial futures. This diverse offering is appealing for traders interested in multi-asset strategies.

  Costs: Users have reported varying spreads, with some experiencing significant changes in trading conditions. For example, there are claims that spreads can be manipulated during trading, leading to unexpected losses.

  Leverage: The broker provides leverage options, although specific ratios are not well-documented in available resources.

  Trading Platforms: Marex Spectron operates several proprietary platforms, including Neon and Agile, designed for institutional clients. However, the absence of widely-used platforms such as MT4 and MT5 may deter individual retail traders.

  Restricted Regions: While Marex Spectron is available in several regions, there are reports of limited access in certain countries, particularly where regulatory scrutiny is heightened.

  Customer Support Languages: Marex Spectron offers customer support in multiple languages, including English and Chinese. However, user reviews indicate that response times can be slow, and issues often remain unresolved.

  

Ratings Breakdown

Category Rating (Out of 10) Details
Account Conditions 6 No specified minimum deposit; some withdrawal complaints.
Tools and Resources 7 Offers proprietary trading platforms with various tools.
Customer Service and Support 5 Mixed reviews on responsiveness and effectiveness.
Trading Setup (Experience) 6 Proprietary platforms may not appeal to all traders.
Trustworthiness 6 Regulated but has faced scrutiny and complaints.
User Experience 5 Reports of withdrawal issues and customer service delays.
Regulatory Compliance 6 Regulated by FCA and SFC, but some reports of exceeding scope.

  

Detailed Breakdown

  Account Conditions: Users have highlighted the lack of transparency regarding the minimum deposit and withdrawal processes. According to reports, some traders have experienced significant delays in accessing their funds, which is a critical aspect of any trading experience.

  Tools and Resources: Marex Spectron provides a range of trading tools aimed at institutional clients, but the lack of support for popular platforms like MT4 and MT5 may limit its appeal to retail traders. The proprietary platforms are designed for advanced users, which may not be suitable for beginners.

  Customer Service and Support: Customer service has received a mixed bag of reviews. While some users have found the support to be helpful, others have reported long wait times and unresponsive representatives when issues arise. This inconsistency can be frustrating for traders needing assistance.

  Trading Setup: The trading experience on Marex's platforms is generally positive, but the proprietary nature of the tools may not be user-friendly for all traders, particularly those accustomed to more traditional platforms.

  Trustworthiness: While Marex is regulated by reputable authorities, there have been instances of complaints regarding operational practices and withdrawal issues, which can affect trust levels among potential clients.

  User Experience: Overall user experience has been marred by reports of withdrawal difficulties and customer service challenges. While some users appreciate the range of services, others have expressed frustration over the operational transparency of the broker.

  Regulatory Compliance: Marex Spectron operates under strict regulations in the UK and Hong Kong, providing a level of security for traders. However, the broker has faced scrutiny for exceeding its regulatory scope, which is a concern for potential clients.

  In conclusion, while Marex Spectron offers a range of trading services and has a solid regulatory framework, potential users should weigh the reported concerns regarding customer service and withdrawal experiences before committing.