Score
United Kingdom
|
5-10 years
| https://www.edfmancapital.com/
Website
Rating Index
Influence
D
Influence index NO.1
Spain 2.53
Licenses United Kingdom
edfmancapital.com Ireland
VIP is not activated.
| ED&F Man Review Summary | |
| Founded | 1783 |
| Registered Country/Region | United Kingdom |
| Regulation | SFC/FCA/DFSA (Revoked), NFA (Unauthorized) |
| Trading Products | Agricultural, metals, energy |
| Demo Account | / |
| Trading Platform | Neon by Marex, Connectivity (API, FIX), Nanolytics, Marex FX, Agile |
| Minimum Deposit | / |
| Customer Support | Tel: +44 (0) 20 7655 6000 |
ED&F Man, founded in 1783 and headquartered in the United Kingdom, is a global commodity broker and service provider. Although it has provided a wide range of services and held licenses in several countries, many of its regulatory permits have been canceled or are unlawful, raising concerns among clients.
| Pros | Cons |
| Long-established (founded in 1783) with historical global presence | Regulatory licenses revoked or unauthorized |
| Wide range of services offered | No demo accounts |
| Access to diverse markets | Lack of information on fees |
ED&F Man has held several licenses in Hong Kong, the United Kingdom, the United States, and the United Arab Emirates, however, many of them are either revoked or unauthorized.
| Licensed Entity | Regulated by | Regulatory Authority | License Type | License No. | Status |
| Marex HK Asia Limited | Hong Kong, China | Securities and Futures Commission of Hong Kong (SFC) | Dealing in futures contracts | BBD066 | Revoked |
| MCML Limited | UK | Financial Conduct Authority (FCA) | Institution Forex License | 194926 | Revoked |
| ED&F Man Capital Markets Limited | USA | National Futures Association (NFA) | Common Financial Service License | 354008 | Unauthorized |
| ED&F Man Capital Markets Limited | UAE | Dubai Financial Services Authority (DFSA) | Common Financial Service License | F002947 | Revoked |
Marex provides a wide range of services, including clearing, execution, market making, and customized hedging solutions, with market access in agricultural, metals, energy, environmental products, and capital markets.
| Category | Details |
| Services | Clearing, Agency and Execution, Market Making, Hedging and Investment Solutions |
| Markets | Agriculture, Metals, Energy, Environmental, Capital Markets |
| Trading Platform | Supported | Available Devices |
| Neon by Marex | ✔ | Desktop, Mobile (iOS, Android) |
| Connectivity (API, FIX) | ✔ | Integrated into user systems (software connectivity) |
| Nanolytics | ✔ | Desktop, secure delivery |
| Marex FX | ✔ | Mobile |
| Agile | ✔ | Web-based, Mobile |
ED&F Man Capital Markets Ltd, now known as Marex Capital Markets (MCM) fined £17.2m by FCA for enabling illicit tax reclaims. Inadequate compliance checks allowed clients to reclaim tax illegitimately. Rigorous monitoring and risk assessment systems are crucial to prevent financial crimes. Authorized firms must avoid illegal activities.
ED&F Man Capital Markets is a global financial brokerage and trading business and the financial services division of ED&F Man Group. As one of the world’s leading brokers, with 230 years of heritage, a vastly experienced team of trading experts and market-leading brokerage technology solutions, we are ideally placed to service our clients’ needs, while maintaining a focus on our business values of integrity, client care, careful risk management and upholding the highest standards of regulatory compliance.
ED&F Man does not offer a demo account, which is a significant drawback, especially for beginners or those wanting to test their strategies before trading with real capital. Demo accounts provide a risk-free environment to familiarize oneself with the platform and the market. In my opinion, any broker that does not offer a demo account is limiting the ability for potential clients to explore their platform fully before committing.
The primary downside of ED&F Man is its lack of valid regulatory oversight, with many licenses either revoked or unauthorized. Additionally, the broker does not provide demo accounts for potential clients to test the platform. This lack of transparency and access to demo accounts makes me hesitant to recommend ED&F Man. If you're considering using mirollex login, keep in mind the lack of regulation and transparency may lead to issues.
While ED&F Man has been in business for centuries, its regulatory issues significantly undermine its safety. The revocation of licenses by major authorities such as the SFC, FCA, and DFSA, coupled with its unauthorized status with the NFA, creates a high-risk environment for traders. As a trader, I would be wary of depositing funds into an unregulated broker, especially when their licenses have been revoked. The ED&F Man review should focus on these regulatory red flags as major concerns.
ED&F Man offers a wide range of trading instruments, including agricultural commodities, metals, energy products, and environmental products. These instruments allow traders to diversify their portfolios and gain exposure to various markets. For traders like me who are interested in commodities and energy markets, ED&F Man's offerings are quite appealing. However, it's important to note that their services are not diversified into forex or cryptocurrencies, which could be a limitation for some traders.
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