Is MAREX safe and legit? Full review
MAREX is a United Kingdom-based broker established in 2006 and regulated by multiple authorities, including the Financial Conduct Authority and the Securities and Futures Commission of Hong Kong. The broker provides customer support via phone and email, though response times may be lengthy. While MAREX has been established for a long time, is regulated by multiple regulators, and offers live support, it also has an uncertain regulatory status, multiple disclosures, negative disclosures from regulators, and a high number of user complaints.
Regulatory Compliance and Security
MAREX is regulated by multiple authorities. The safety level is 3, and the broker has one unverified regulatory status. There was 1 regulatory disclosure in 2022.
The National Futures Association ordered Marex Spectron International Limited to pay a $250,000 fine for allowing unregistered individuals to act as associated persons and for failing to diligently supervise its employees and agents.
Customer Service
MAREX customer support covers 23 languages and 9 regions. Contact is available via phone and email, but response times may be lengthy.
⚠️ Note: Response times may be lengthy.
Influence
MAREX has an influence rating of B. Its influence is mainly distributed in the United Arab Emirates, Australia, Brazil, Canada, Switzerland, Colombia, Germany, Denmark, Egypt, and Spain, with an average influence index of 6.74.