Marlpark LTD Review – 5 things you should know about

Marlpark LTD Review – 5 things you should know about

Rating: 1

Beware! Marlpark LTD is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


Marlpark LTD claims to be a broker who provides excellent conditions, solid client support, and transparency when it comes to financial operations. However, there is zero doubt about the fact that this broker is lying and that we are actually dealing with a fraudulent scam scheme. The FCA, the UK’s financial authority, has warned investors against trading with this broker. We could not agree more – read our full review to find out why.


Marlpark LTD is supposedly a UK-based broker that “aims to go above other brokers in all aspects”. One aspect it fails miserably at is proving that it is a reliable investment company. All UK brokers must be licensed by the FCA – which just so happens to be one of the strictest, most reputable financial authorities in the world. Not only is Marlpark LTD not regulated by the FCA but it has done enough to earn an official warning issued by the financial authority.

Marlpark LTD is not authorized to offer services in the UK which means that its clients would not be getting access to many vital protections. Such a warning most often means that we are dealing with a fraudulent scheme – so take it seriously and be extremely careful.

Brokers regulated in the UK, the EU, and Australia are a good, reliable choice if you are wondering where to invest your money. Such brokers are never anonymous and will always provide you with tons of company information to promote transparency. They answer to some of the strictest financial authorities in the world which means that they have to conduct business in a fair and transparent manner and meet many requirements if they want to remain in business. Minimum capital requirements exist in all of these jurisdictions – €730 000 in the UK and the EU, and A$1 million in Australia. This money serves as proof that the broker is financially stable and here to stay. Client money must be kept in separate bank accounts which ensures that client funds and broker funds would not mix. This proves that your broker would not be able to reinvest your deposits, and keeps your money safe in cases of broker insolvency. In the EU and the UK compensation funds also protect clients in case their broker goes bankrupt – in such cases, your capital would be ensured up to €20 000 in the EU and £85 000 in the UK.


Marlpark LTD provides access to your average web-based trading platform:

And while such platforms are not inherently bad – there is nothing wrong with a simple, accessible platform – the tools and features such software offers are quite limited.

Most traders, even beginners, would benefit from trading on a more advanced, functional trading platform like industry staple MetaTrader 5. This advanced software provides a full charting and analysis package alongside features like Expert Advisors, a multi-threaded, multicurrency Strategy Tester, the chance to set signals for prices going up or down, or for developing your own custom trading bots and indicators, a built-in economic calendar, a community chat, options for both hedging and netting, and much more.


Marlpark LTD offers an affordable-looking trading account for as little as €250. However, if you choose to open such an account, you would only be allowed to trade 9 currency pairs and would not get access to the full range of markets the broker offers – forex, indices, commodities, and stocks to a total of around 300 trading instruments. It is more than obvious that such an account is not a good choice – especially since many great brokers would provide access to a full range of markets on accounts that cost $100 or less.

The default leverage we were trading with was 1:200 – too high a number for any UK broker to offer. Brokers in the UK, the EU, and Australia are banned from offering leverage higher than 1:30 to their retail clients. These restrictions are imposed because although trading with higher leverage could result in much bigger profits, it could also lead to far bigger losses – especially for inexperienced new traders. The leverage cap is even lower in countries like Japan – 1:25 – and Turkey – 1:10. Moreover, legitimate brokers would always allow you to choose your leverage yourself – a possibility Marlpark LTD did not offer. As you can see, the offer of dangerously high leverage alone proves that this broker is anything but legitimate.

The spreads Marlpark LTD offers are extremely good – 0.6 pips on EURUSD when the industry average is usually around 1.5 pips. However, the broker has not described its additional commissions extensively – which makes us think that such commissions not only exist but would probably be quite huge.


Marlpark LTD accepts a variety of deposit methods – credit or debit card, wire transfer, QIWI, and some unspecified cryptocurrencies. There are supposedly no deposit and withdrawal fees charged by the broker. If you have made the mistake to deposit with this broker and have used your Visa or MasterCard card, that is actually good news – both card companies try to combat such scams by allowing chargebacks within 540 days of the transaction. Retrieving your money if you have deposited via wire transfer or crypto, on the other hand, will most certainly be impossible.

This broker did provide us with Terms and Conditions – but those were disappointingly short and barely contained any essential information. Legitimate brokers always offer extensive legal documentation – scammers, on the other hand, prefer to provide you with the sheer basic and introduce all sorts of additional clauses at a later point. Such brokers always find imaginative ways to rob you.


Such scams are not only becoming more frequent but they are also surprisingly effective – which is why the first and most important step if you want to protect yourself from them, is to understand how they work.

You stumble upon a broker on the Internet – that broker promises to make you a rich, successful trader in no time. You are curious to see what forex brokers are all about – after all, you have heard stories of people becoming rich by trading – and provide the scammers with your phone number and email. After that, you would not be left alone before you have deposited – these people are seasoned scammers and will convince you to transfer money in no time.

This will not be enough though – the broker will keep asking for more and more money, and since scammers often manipulate profits and platforms, you might even be happy to invest because you would be thinking that you are turning a profit.

Once you try to withdraw, however, the problems will start – the broker will start denying withdrawals because of certain clauses in the Terms and Conditions, because of previously unmentioned fees and taxes, etc. At this point, you will find out that there is something wrong going on – but the scammers will be long-gone with your money before you can do anything.


Do not get desperate and do not employ any so-called “recovery agencies” that promise to track down the scammers and retrieve your money for a fee – this is just another type of scam.

What you should do is notify the responsible authorities in your country and contact your bank to let them know that you have been scammed. Change all your banking passwords and remove all remote access software the scammers had you install under false pretenses – they only wanted access to your computer and your banking systems.

If you have deposited with a Visa or MasterCard card, you might be able to retrieve your money – both card providers allow chargebacks within 540 days of the transaction so contact your card issuer as soon as possible.

Finally, make sure to share your story with as many people as possible to let them know that such scams exist and how they work. This way, others can avoid losing their money in the future.

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