This page is about the slur as a reclaimed identity, not as a slur itself. If this word is triggering to you, please be cautious about viewing this page.
Maricón, marica or maraco is a Spanish slur most commonly used against effeminate men in general (wheter they are LGBTQIA+ or not) and transfeminine individuals. It is similar to "f*g" and "p*ssy" in English, and as such, it's been reclaimed by some of it's targets.
It's female equivalent is maricona/maraca.
Etymology
Maricón derives from the name María, a symbol of women and a frequent first name in 16th century Spain, century and place in which the term originated.
History & Revindication
In an important sector of the gay community, at least in Spain, this word is used among queer individuals themselves without any pejorative burden. Many carry out a reappropriation or claim of «maricón» and other terms with similar connotations, similar to what was done among anglophones regarding the word queer.
It's important to remark that not every lgbt+ man is comfortable with this term, as it can carry trauma with it. It shouldn't be used as an umbrella unless specified that it's okay with them personally.