Customer Reviews of RedMarsCapitals Company in 2024
The RedMarsCapitals company strives to provide users with a high-quality online trading experience. Users are promised extensive educational materials, quality analytics, and professional support. However, user reviews have raised allegations of fraud, so it is recommended to conduct a thorough check before registering on the platform.
Identified Facts
There is no information on the founding date of the RedMarsCapitals platform. Despite this, the company provides the following statistics:
- 209,000+ client accounts,
- 47 offices in various countries,
- own capital – over $317 million.
To achieve these figures, the company needed a lot of time. However, reviews about it have appeared relatively recently, and WHOIS data shows that the redmarscapitals.com domain has been active since November 3, 2023.
Also concerning is the lack of proper customer service. Users complain about spam from the provided email address. The phone number listed on the website is also associated with the fraudulent broker Trader Trust, which has a negative reputation.
Legal Documentation
There are no scanned copies of the incorporation certificate and license on the RedMarsCapitals platform confirming the legality of its operations. Despite the addresses provided in Dubai and Larnaca, data verification revealed that the company does not have a CySEC license.
A similar situation with regulation in the UAE emphasizes the risk of collaborating with a company without legal guarantees.
Commercial Offer Features
RedMarsCapitals offers a wide range of trading instruments, including stocks, metals, indices, energy sources, commodities, and cryptocurrencies. However, reviews point to difficulties with withdrawing funds from the platform.
Company Reviews
The RedMarsCapitals company has a negative reputation. User reviews indicate violations, manipulations, and account blockages.
Fraudulent Scheme
RedMarsCapitals lures newcomers by promising assistance and education, but in reality, they are only interested in their investments. The risk of capital loss on the platform is high, and it is futile to argue with scammers.
Review Summary
We recommend avoiding cooperation with the RedMarsCapitals company as it represents a potential financial risk. Negative reviews, lack of documents, and deceptive terms indicate that using this platform can lead to financial loss.
I am dissatisfied with the broker’s work at RedMarsCapitals as they failed to meet my investment expectations in 2024.