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United Kingdom
2-5 yearsSuspicious Regulatory License
High potential risk
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Score
Regulatory Index0.00
Business Index5.95
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
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40G
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Company Name
MWC TRADING LTD
Company Abbreviation
MWC TRADING LTD
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
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General Information
Registered in the United Kingdom, MWC TRADING LTD is forex broker offering a series of trading instruments to both retail and professional traders, such as forex, indices, commodities, and stocks. With the MWC TRADING LTD platform, investors have the flexibility to choose from five trading accounts, with the minimum deposit to start trading starting at €250.
MWC TRADING LTD is a UK-registered company, with its company number: 07401887. This company does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.
Market Instruments
With the MWC TRADING LTD platform, four classes of trading instruments can be traded, including Foreign Exchange, Indices, Commodities, and Stocks.
Account Types
MWC TRADING LTD provides five trading accounts for both retail and professional clients: Newcomer, Trader, Professional, Master, VIP.
These trading accounts have hefty minimum deposit requirements, with Newcomer account from €250, the Trader account from €2,500, the Professional account from €5,000, the Master account from €50,000.
This broker appears to be solely interested in extracting your first investment, which is a large
sum given the inherent risk in funding with an unlicensed broker.
There is the option of a live trading account, but beginners can also use a demo account to gain a feel for the platform and practice their trading skills without risking any real money.
Some basic account services offered by this forex broker include a Personal Account Manager, Trading Tools, Mentor Training Program, group of signals for contracts, and more.
How to open an account with MWC TRADING LTD?
Opening an account with MWC TRADING LTD is an easy and simple process:
1. Click the CREATE ACCOUNT link, and fill up some required details on the popping-up page.
2. Upload your personal data for this company to verify your details.
3. Fund your account and start to trade with this forex broker.
Leverage
Leverage information cannot be found anywhere. Since leverage can magnify gains as well as losses, it is wise to keep your leverage at no more than 10:1 for a beginner. The safest option is 1:1 ratio.
Using excessive leverage is one of the most typically mistakes made by novice forex traders, and we recommend that you trade with a smaller ratio until you get more experience.
Spreads & Commissions
MWC TRADING LTD says it offers both fixed and floating spreads, however, no real-time spreads or average spread details are presented on its website.
Trading Platform
MWC TRADING LTD offers its clients fails to provide access to the industry-leading MT4/MT5 trading platform, its proprietary platform instead, which is called MWC Trading Terminal.
Payment Methods
The minimum deposit varies depending on payment methods, typically $250. MWC TRADING LTD allows its clients to make a deposit through VISA, VISA Electron, MasterCard, QIWI, and Cryptocurrency. Deposits via VISA, MASTERCARD, Maestro can be processed instantly, and it takes up to 5 business days via Credit Cards and Debit Cards. Clients who make deposits through
QIWI and Cryptocurrency need to fund at least $250, and it takes up to 24 hours to process.
Deposits charge no fees.
Concerning withdrawals, they can be done through Wire Transfer, Credit/Debit Cards, Cryptocurrency. Withdrawals through Wire Transfer and Credit Cards may incur some fees depending on bank, while the cryptocurrency payment charges no fees.
Customer Support
The MWC TRADING LTDs official website is available in English and Russian. For any questions or concerns they may have about their accounts or their trading can reach out to MWC TRADING LTD through the following methods:
Telephone: 442080976143
Email: info@mwctradingltd.net, support@mwctradingltd.net
Or you can fill up the contact form on its website and wait to be connected.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
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