Phoebe Yao 
1-2 years
What drawbacks should investors consider when using Maruchika?
Broker Issues
Regulation
08-16
United States
WikiFX
Reply
While Maruchika has a solid reputation and is regulated by the FSA, its platform options are more limited compared to larger global brokers. Unlike brokers that offer popular trading platforms like MT4 or MT5, Maruchika’s online platform options are restricted, which may deter traders seeking modern, advanced tools. Additionally, the absence of demo accounts makes it challenging for potential clients to test the platform or practice strategies before investing real funds. Maruchika’s focus on Japanese services also means that international investors may not find the wide range of products they desire.
Similar Questions
Is Rame Markets regulated?
Chris hagerman 
07-06
Is CMB overseen by any regulatory bodies, and if so, which financial authorities are responsible for its regulation?
WoodCrusher 
09-01
What are the pros and cons of FXOpulence?
Bhavani Durga K 
07-04
Is OpenMarkets a safe place to trade given its regulatory status?
Imranali Khatri 
07-16
What are the pros and cons of T4Trade?
Rpy Sundram 
03-13