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No Regulation
Score
1.15 /10
Danger
MC Markets
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index4.24
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2024-12-26
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| MC Markets Review Summary | |
| Founded | 2016 |
| Registered Country/Region | Seychelles |
| Regulation | CYSEC |
| Market Instruments | CFD TradingForexIndicesCommoditiesCrypto |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| Spread | Low |
| Trading Platform | MT5&Trading app |
| Min Deposit | 0.1 in the chosen currency. |
| Live Chat | |
| Physical Address: IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles. | |
| Email:mcmarkets@mcgrp.com | |
| Social Media: Instagram, Facebook, Linkedin, Twitter, MediumYoutube | |
MC Markets Information
MC Marketsis a Seychelles brokerage founded in 2016. Currently, it is a broker regulated by the CYSEC. It says it offers five asset classes, including CFD Trading, Forex, Indices, Commodities, and cryptocurrencies, and it also supports the use of the demo account, Trading app, and MT5 platforms.
Pros and Cons
| Pros | Cons |
| Demo accounts available | Limited info on accounts |
| 24/7 service | |
| 3000+ Insrtuments | |
| Support MT5 |
Is MC Markets Legit?
The Cyprus Securities and Exchange Commission (CYSEC) has authorized and regulated MC Markets, issuing it License number 299/16.
What Can I Trade on MC Markets?
MC Markets offers five asset classes, including CFD Trading, Forex, Indices, Commodities, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFD Trading | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Crypto | ✔ |
| ETF | ❌ |
| Bonds | ❌ |
Account Types
MC Markets offers demo accounts and real accounts for traders.
The broker offers low spreads and does not charge trading commissions.
The leverage offered is up to 1:200.
Spread charges are not charged for opening positions in equity CFDs and are charged at the commission rate. Overnight financing charges are financing charges that are charged daily for any CFD position held.
To open an account, the user will be prompted to fill in personal information on this page, including verification code and password, email, or phone number.
After agreeing to the privacy policy, press the ‘Sign Up’ button to complete the account creation process.
Trading Platform
MC Markets offers the MT5 trading platform, which can be downloaded from Windows, MacOS, Android and iOS devices.
MC Markets also offers a trading app named ‘mc markets’that can be downloaded from Google Play, iOS, and Andriod devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, Desktop, Mobile. | Traders |
| Trading APP | ✔ | Google Play, iOS, Andriod | Traders |
| MT4 | ❌ | / |
Deposit and Withdrawal
MC Markets allows deposits via USDT, ETH, and USDC, with minimum deposit of 0.1 in the chosen currency.
For withdrawals, you can use USDT ERC, with minimum withdrawal amount of 100 USDT. Withdrawals exceeding 5,000 USDT may require additional processing time, typically within 3 hours on regular business days.
On the payment page, all available payment channels will be displayed, such as UnionPay remittance, third-party payments, etc.
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