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No Regulation
Score
1.52 /10
Danger
MSL
Influence
C
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.11
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 :
2024-12-24
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| MSLReview Summary | |
| Founded | 2010 |
| Registered Country/Region | Bangladesh |
| Regulation | No regulation |
| Market Instruments | Stocks, Bonds, Equity Investment, Capital Management |
| Demo Account | / |
| Leverage | / |
| Trading Platform | DSE Mobile, DSE Investor, DSE Desktop version |
| Min Deposit | 500 BDT |
| Customer Support | Phone: 09609 100 142, +88 01874444815, +88 0241040007, +88 0241040008 |
| Email: info@midwaybd.com | |
| Contact form | |
MSL is a stock brokerage firm registered in 2010 in Bangladesh. It offers trading services on stocks, bonds, equity investment, and capital management, and it uses its own trading platforms. However, this company lacks regulation, and potential risks still exist.
Pros and Cons
| Pros | Cons |
| Multiple market instruments | Lack of regulation |
| Operated for a long time | Limited information about account details |
Is MSL Legit?
MSL is not regulated by the financial services regulatory authority in Bangladesh. Moreover, the current status shows that client transferring is prohibited.
What Can I Trade on MSL?
MSL provides trading services on stocks, bonds, equity investment, and capital management.
Account Type
There is only one type of account: BO Account. The opening fee is Tk. 450.
MSL Fees
| Opening Fee | Commission | Min. Balance | Yearly Renewal Fee | Deposit from bKash/Rocket/Nagad |
| 450 BDT | 0.4% | 500 | BDT 450 | 1% service fee |
Trading Platform
MSL uses DSE as its trading platform, and clients can register through Midway Portal.
| Trading Platform | Supported | Available Devices | Suitable for |
| DSE | ✔ | Mobile, Desktop | Experienced traders |
| DSE Investor | ✔ | Mobile | Beginners |
Deposit and Withdrawal
| Deposit Option | Fee | Processing Time |
| RTGS | ❌ | 10 minutes |
| NPSB | ❌ | |
| bKASH, ROCKET,NAGAD | 1% | |
| Credit card | / | |
| BEFTN | ❌ | After 1 working day |
| Withdrawal Options | Fee | Processing Time |
| BEFTN | / | / |
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