Score

7.40 /10
Good

Marex Spectron

United Kingdom

15-20 years

Regulated in United Kingdom

Market Making(MM)

Non MT4/5 Software

Suspicious Scope of Business

Suspicious Overrun

High potential risk

Influence

E

Better than 10% brokers
Comparison
Website

Score

License Index8.49

Business Index8.83

Risk Management Index0.00

Software Index7.74

Regulatory Index8.46

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

E

Better than 10% brokers
Website
Comparison

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+44 (0)20 7655 6000

Broker Information

More

Company Name

Marex Spectron Group

Company Abbreviation

Marex Spectron

Platform registered country and region

United Kingdom

Company website

Twitter

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 5
Previous Detection : 2022-10-02
  • The number of this brokers's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 193027)Investment Advisory Licence Non-Forex License, please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to withdraw

Scam

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

2020-04-08 17:32
Unable to withdraw

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.

2019-07-25 04:07

News

NewsNFA Orders Introducing Broker Marex to Pay a $250,000 Fine

The decision is based on a complaint by the BCC and an offer by Marex. The company allegedly allowed unregistered individuals to act as associated persons.

WikiFX
2022-03-31 15:53
NFA Orders Introducing Broker Marex to Pay a $250,000 Fine
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