Mars Exchange Crypto Exchange Review: Why You Should Avoid It

Mars Exchange Crypto Exchange Review: Why You Should Avoid It

There’s no such thing as a legitimate Mars Exchange - at least not one you can safely use. If you’ve seen ads for a crypto platform called Mars Exchange, Mars Ecosystem, or RedMars, you’re being targeted by a mix of underperforming services and outright scams. As of 2026, every platform with "Mars" in its name has either been flagged by regulators, shows zero real user activity, or is a copycat site designed to steal your money.

What Is Mars Exchange? (Spoiler: It’s Not Real)

People searching for "Mars Exchange" usually think they’re looking for a new crypto trading platform - something like Binance or Kraken, but with a space theme. But there’s no official, regulated exchange by that name. Instead, several unrelated platforms use "Mars" in their branding to confuse users. The most common ones are:

  • Mars Ecosystem: A tiny crypto exchange founded in 2021 with only 81 monthly visits. That’s less traffic than a local bakery’s website.
  • RedMars: A forex broker that offers crypto deposits but doesn’t trade major coins like Bitcoin or Ethereum. It’s not a crypto exchange - it’s a forex platform with a few crypto options.
  • Mars Tech Limited: A confirmed scam. The New Zealand Financial Markets Authority (FMA) added it to their official warning list in April 2025.
  • The Big Mars: Listed by DataVisor as one of 66 known fake crypto exchanges in 2024.

None of these are trustworthy. And if you’re seeing a site called "Mars Exchange," it’s almost certainly a clone of one of these - with fake logos, stolen text, and false claims about regulation.

RedMars: A Forex Broker in Disguise

RedMars markets itself as a trading platform with MetaTrader 5 (MT5), which sounds professional. But MT5 is just a tool - it doesn’t make a platform legitimate. RedMars offers around 50 currency pairs, which is half of what even mid-sized brokers provide. It doesn’t support spot trading for Bitcoin, Litecoin, or Solana. You can’t buy crypto here - you can only deposit it to fund forex trades.

Here’s what RedMars actually offers:

  • MT5 platform with 21 timeframes
  • Deposits via credit card, wire transfer, e-wallets, and crypto
  • No Islamic accounts, no copy trading, no PAMM accounts
  • Minimum deposit of $500 - too high for beginners
  • No educational resources for new traders

DayTrading.com tested RedMars in early 2025 and found customer support unresponsive. If you’re new to trading, this platform won’t help you learn. If you’re experienced, you’re better off with IC Markets or Pepperstone, which offer lower spreads, better tools, and real regulation.

Mars Ecosystem: A Ghost Platform

Mars Ecosystem claims to be a cryptocurrency exchange. But if you check SimilarWeb data, it gets 81 visits per month - 80 of them organic, 1 paid. That’s not a user base. That’s a website nobody visits. The bounce rate? 40%. The average visit duration? Zero seconds. People land, see the empty interface, and leave.

It’s not regulated by any government body. FxVerify confirmed it has no license from any financial authority. No one talks about it on Reddit, Trustpilot, or CryptoSlate. No user reviews. No trading volume. No liquidity. If you try to deposit Bitcoin here, you might not be able to withdraw it later - because there’s no real trading engine behind the site.

An empty asteroid base with a terminal showing '0.00 BTC' and '81 visits/month' as a robotic droid cleans digital debris.

Mars Tech Limited: A Confirmed Scam

This is the most dangerous one. Mars Tech Limited was added to the New Zealand FMA’s official scam list on April 16, 2025. Why? Because it lies.

Its website says it’s regulated by the UK’s FCA and Cyprus’s CySEC. But when investigators checked those regulators’ official databases, there was no record of Mars Tech Limited. Zero. Nada. The site uses the exact same template as other known scams - just swapped out the logo and company name. It’s a cookie-cutter fraud.

BrokersView has flagged Mars Tech Limited under multiple aliases, including Hedgecap Limited. That’s a common scammer tactic: shut down one site, then launch another with a new name. If you’ve seen a "Mars Exchange" that promises high returns with "no risk," it’s this one.

Why You Should Never Use Any Mars-Branded Platform

Legitimate crypto exchanges have clear signs of trust:

  • Regulation by recognized authorities (like the SEC, FCA, or ASIC)
  • Two-factor authentication (2FA) and cold storage for funds
  • Transparent fee schedules
  • Real user reviews on Trustpilot or Reddit
  • Responsive customer support
  • Insurance against hacks (like Coinbase’s cold storage insurance)

None of the Mars-branded platforms meet these standards. Mars Ecosystem has no regulation. RedMars has no crypto trading depth. Mars Tech Limited is a known fraud. And there’s no evidence that any of them have ever protected a user’s funds.

Even if you’re tempted by a "low minimum deposit" or "free Bitcoin bonus," these are classic scam hooks. The moment you deposit, you’ll be locked in. Withdrawal requests get ignored. Customer service vanishes. Your crypto disappears.

A monstrous spacecraft made of stolen regulator logos draining crypto coins, with a 'NO WITHDRAWALS' sign.

How to Spot a Fake Crypto Exchange

If you’re not sure whether a platform is real, ask yourself these questions:

  1. Is it listed on CoinMarketCap or CoinGecko? (Mars Ecosystem isn’t.)
  2. Can you verify its regulation on the regulator’s official website? (Try searching "FCA authorized firms" or "CySEC licensed brokers." Mars Tech Limited won’t appear.)
  3. Does it have at least 10,000 monthly visits? (Mars Ecosystem has 81.)
  4. Are there real user reviews on Trustpilot, Reddit, or CryptoCompare? (No. Zero.)
  5. Does the website look like a template from a scam site? (If the design looks too clean, too simple, or too similar to other platforms - it’s fake.)

Use these red flags as your checklist. If even one item fails, walk away.

What Should You Use Instead?

If you want to trade crypto safely, stick with platforms that have proven track records:

  • Binance: Largest exchange by volume, supports 500+ coins, strong security
  • Coinbase: Regulated in the U.S., insured custodial storage, beginner-friendly
  • Kraken: Transparent fees, strong compliance, supports staking and futures
  • Bybit: Great for derivatives, high liquidity, good mobile app

These platforms have been around for years. They’ve survived market crashes, regulatory crackdowns, and hacking attempts. They’ve earned trust - not by using space-themed names, but by delivering real service.

Final Verdict: Avoid Mars Exchange - All of Them

There is no safe, legitimate "Mars Exchange." Every platform using that name - or variations like Mars Ecosystem or RedMars - is either a ghost, a forex broker with no real crypto offering, or a confirmed scam. The name "Mars" is being exploited by fraudsters because it sounds futuristic and exciting. But in crypto, excitement doesn’t equal safety.

If you’ve already deposited funds into any Mars-branded site, stop using it immediately. Try to withdraw what you can - but don’t expect to get it all back. Report the platform to your local financial regulator. And next time, check before you click.

The crypto world is full of real opportunities. You don’t need to risk your money on a platform that doesn’t even exist.

Is Mars Exchange a real crypto exchange?

No, Mars Exchange is not a real, legitimate crypto exchange. Multiple platforms use the "Mars" name - like Mars Ecosystem, RedMars, and Mars Tech Limited - but none are regulated, trusted, or widely used. Mars Tech Limited is officially listed as a scam by New Zealand’s FMA. The others have negligible traffic and no proof of security or customer protection.

Can I trust RedMars for crypto trading?

No. RedMars is a forex broker that allows crypto deposits but doesn’t offer spot trading for Bitcoin or other major cryptocurrencies. It lacks educational tools, has a high minimum deposit of $500, and offers poor customer support. It’s not designed for crypto traders - it’s designed for forex traders who want to fund their accounts with crypto. For real crypto trading, use Binance or Coinbase instead.

Why does Mars Ecosystem have so little traffic?

Mars Ecosystem has only 81 monthly visits, a 40% bounce rate, and an average visit time of zero seconds. This means users land on the site, realize it’s empty or confusing, and leave immediately. It has no regulation, no liquidity, no real trading volume, and no user reviews. It’s essentially a website with no function - likely created to collect deposits and then disappear.

Is Mars Tech Limited a scam?

Yes. Mars Tech Limited was officially added to the New Zealand Financial Markets Authority’s warning list on April 16, 2025. It falsely claims to be regulated by the FCA and CySEC - but neither authority lists it. It uses the same website template as other scams, only changing the name and logo. It’s a copy-paste fraud designed to steal deposits.

What should I do if I already deposited money into a Mars Exchange platform?

Stop using the platform immediately. Try to withdraw your funds, but don’t expect full recovery - most scam sites make withdrawals difficult or impossible. Report the platform to your country’s financial regulator (like the SEC in the U.S. or FCA in the UK). Never deposit again into any platform with "Mars" in its name. Use only well-known, regulated exchanges like Coinbase, Binance, or Kraken going forward.

Author
  1. Joshua Farmer
    Joshua Farmer

    I'm a blockchain analyst and crypto educator who builds research-backed content for traders and newcomers. I publish deep dives on emerging coins, dissect exchange mechanics, and curate legitimate airdrop opportunities. Previously I led token economics at a fintech startup and now consult for Web3 projects. I turn complex on-chain data into clear, actionable insights.

    • 20 Feb, 2026
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