Score
MarcoFX
Marshall Islands|5-10 years| https://marcofx.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
Hong KongContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Marshall Islands
5-10 years Suspicious Regulatory License MT4 Full License Regional Brokers High potential risk
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
marcofx.id
Server Location
Indonesia
Website Domain Name
marcofx.id
Server IP
103.247.8.73
-
marcofx.com
Server Location
United States
Website Domain Name
marcofx.com
Server IP
104.27.138.6
Company Summary
| MarcoFXReview Summary | |
| Founded | 2017-05-18 |
| Registered Country/Region | Indonesia |
| Regulation | Unregulated |
| Market Instruments | Forex, Metals, Indexes, and Oil |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | / |
| Trading Platform | MT4(PC, Desktop, and Mobile) |
| Min Deposit | $10 |
| Customer Support | Tel: +60 183-179-880 |
| Email: info@marcofx.com | |
| Live Chat | |
MarcoFX Information
MarcoFX is a broker. The tradable instruments include 28 forex pairs, 2 metals, 3 US indexes, and oil. The broker also provides demo accounts and the MT4 platform with a maximum leverage of 1:400 and a minimum deposit of $10. MarcoFX is still risky due to its unregulated status and bad reviews about difficulty withdrawing money and scams.
Pros and Cons
| Pros | Cons |
| Various trading instruments | Unregulated |
| Leverage up to 1:400 | Island accounts unavailable |
| MT4 available | Unspecific fees information |
| Demo account available |
Is MarcoFX Legit?
MarcoFX is not regulated, making it less safe than regulated brokers.
What Can I Trade on MarcoFX?
MarcoFX offers a wide range of market instruments, including 7 major forex pairs, 21 cross forex pairs, Gold, silver, and oil & 3 US-based indexes.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indexes | ✔ |
| Gold & Silver | ✔ |
Account Type
MarcoFX provides live accounts and the demo accounts are predominantly used for familiarizing traders with the trading platform and for educational purposes only.
Leverage
The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.
Trading Platform
MarcoFX cooperates with the authoritative MT4 trading platform available on PC, Desktop, and Mobile to trade. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, Desktop, and Mobile | Junior traders |
Deposit and Withdrawal
The minimum deposit is $10. Withdrawal requests are accepted daily from 01:00 to 12:59 (GMT +7) and will be processed on the same day, otherwise, they will be processed on the next business day.
Keywords
- 5-10 years
- Suspicious Regulatory License
- MT4 Full License
- Regional Brokers
- High potential risk
Review 4
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BadGirl
Canada
Be careful of this person's account. First set up a relationship with you, then let you buy coins and help you invest, whether you have money or not, will only encourage you to increase your position. In the end, the money can't be mentioned. The fake platform cannot be tracked. The name used is Su Yunze. Most of it appears on IG. Will provide a fake platform Macoofx connection platform for you.
Exposure
2021-06-15
BadGirl
Canada
I’d like to ask. I’d like to make an investment here. I need to withdraw money. I have to pay 16% of the investment income tax. Is it reasonable?
Exposure
2021-06-12
Stevano
Australia
MarcoFX is definitely a terrible company! Never deal with any company that does not have a regulatory license, they will mercilessly scam your money.
Neutral
2022-12-12
风铃2628
Cambodia
I like Marco FX very much. Their MT4 trading platform is very easy to use, allowing me to trade forex with ease. In addition to that, their customer service is excellent. Whenever I have a problem or concern, they are always able to provide prompt and professional help. I am also very satisfied with their trading conditions, including low spreads and high leverage.
Positive
2023-03-22