Score

1.51 /10
Danger

MFP Trading

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

D

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.97

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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 : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

MFP Trading · Company summary
MFP Trading Review Summary
Founded2019
Registered Country/RegionUnited Kingdom
RegulationNo regulation
Products & ServicesTrade execution
EUR/USD Spread 0.03-0.1 pips for the retail market makers; around 1 pip for institutions
Customer SupportAddress: Unit 8, 74 Back Church Lane, London, E1 1LX, United Kingdom
Tel: +44 203 769 9884
Email: sales@mfptrading.com
Contact form

MFP Trading Information

MFP Trading claims to be a forex execution specialist focused on delivering premium trading solutions for professional clients. MFP provides customized execution services and value-added offerings, such as market sentiment indices and treasury solutions. MFP claims to adhere to the FX Global Code of Conduct for competitive pricing and robust infrastructure.

MFP Trading's homepage

Pros and Cons

Pros Cons
Tight spreads for retail market makerLack of regulation
Multiple contact channelsLack of transparency

Is MFP Trading Legit?

Regulation is of great importance to evaluate the legitimacy and reliability of a brokerage firm, but in the case of MFP Trading, the company operates without any valid regulatory oversight, indicating less compliance to industry standards, financial transparency, and the protection of client interests

Products & Services

MFP Trading is a company specializes in forex execution, offering premium services tailored to meet the sophisticated needs of professional clients by partnership with TraderTools. Utilizing advanced technology and broad access to top-tier Prime Brokers, MFP Trading provides customized execution solutions, value-added services like market sentiment indices and treasury services, and robust support for asset management firms.

Products & Services

Spread

MFP Trading offers different spread levels for different client profiles, with institutional clients get more attractive pricing compared to traditional retail market makers.

For instance, while institutional spreads for EUR/USD is around 1 pip and GBP/USD around 2 pips, retail market makers might display tighter spreads of 0.1/03 and 0.5/08, respectively.

Spread

User Reviews

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User comment

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Comments

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楠琪名车-李武
more than one year
MFP Trading's website looks shoddy and I have absolutely no interest in trading here. And I didn't find any reviews from other users, I refuse to be the first one to experience it.
MFP Trading's website looks shoddy and I have absolutely no interest in trading here. And I didn't find any reviews from other users, I refuse to be the first one to experience it.
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2023-03-08 10:15
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