FXMC Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-11-07 09:59

Abstract：FXMC, a trading name of KOI Global Limited, is allegedly a forex broker registered in Japan that claims to provide its clients with the MT4 trading platform.

　　Note: FXMC is to operate via the website - https://fxmc-trading.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

　　Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

　　General Information & Regulation

Feature	Detail
Regulation	No Regulation
Market Instrument	forex pairs, spot metals, stocks, futures, spot indexes and commodities
Account Type	N/A
Demo Account	N/A
Maximum Leverage	N/A
Spread	N/A
Commission	N/A
Trading Platform	MT4
Minimum Deposit	N/A
Deposit & Withdrawal Method	N/A

　　FXMC, a trading name of KOI Global Limited, is allegedly a forex broker registered in Japan that claims to provide its clients with the MT4 trading platform.

　　As this brokerage's website cannot be accessed, we were unable to obtain further details about its leverage, spreads, minimum deposit, etc.

　　As for regulation, it has been verified that FXMC currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.30/10. Please be aware of the risk.

　　Market Instruments

　　FXMC advertises that it offers access to a wide range of trading instruments in financial markets, including forex pairs, spot metals, stocks, futures, spot indexes and commodities.

　　Trading Platform Available

　　The platform available for trading at FXMC is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

　　Customer Support

　　The only way you can approach FXMC is via email: support@fxmc-trading.com. However, this broker doesnt disclose other more direct contact information like telephone numbers or the company address that most transparent brokers offer.

　　Pros & Cons

Pros	Cons
• Wide range of trading instruments	• No regulation
• MT4 supported	• Website inaccessible

　　Frequently Asked Questions (FAQs)

Q 1:	Is FXMC regulated？
A 1:	No. It has been verified that FXMC currently has no valid regulation.

Q 2:	Does FXMC offer the industry-standard MT4 & MT5？
A 2:	Yes. FXMC offers the MT4.

Q 3:	Is FXMC a good broker for beginners？
A 3:	No. FXMC is not a good choice for beginners. Although it offers various tradable instruments on the leading MT4 trading platform, it lacks legal regulation and its website is currently inaccessible.