Score

1.37 /10
Danger

MWC TRADING LTD

United Kingdom

2-5 years

Suspicious 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

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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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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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

MWC TRADING LTD · Company summary
basic-info

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.

account-types

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.

payment-methods

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.

payment-methods

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

customer-support

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.

User Reviews

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Nguyễn Linh
more than one year
I recently tried to access MWC TRADING LTD's website, but was unable to do so as it appeared to be down. This left me feeling uncertain about the company's reliability. I searched for other information about the company online and found some user reviews indicating that MWC TRADING LTD had been experiencing issues with their platform and customer support... Terrible!
I recently tried to access MWC TRADING LTD's website, but was unable to do so as it appeared to be down. This left me feeling uncertain about the company's reliability. I searched for other information about the company online and found some user reviews indicating that MWC TRADING LTD had been experiencing issues with their platform and customer support... Terrible!
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2023-03-23 10:00
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0
more than one year
I wouldn't invest here because I didn't see a regulatory license. This is the most important thing to me.
I wouldn't invest here because I didn't see a regulatory license. This is the most important thing to me.
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2022-12-16 16:46
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