Global Broker Regulation Inquiry App
WikiFX
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.
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