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MSL Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-29 11:05

Abstract: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.

MSLReview Summary
Founded2010
Registered Country/RegionBangladesh
RegulationNo regulation
Market InstrumentsStocks, Bonds, Equity Investment, Capital Management
Demo Account/
Leverage/
Trading PlatformDSE Mobile, DSE Investor, DSE Desktop version
Min Deposit500 BDT
Customer SupportPhone: 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.

MSL Review Summary

Pros and Cons

Pros Cons
Multiple market instrumentsLack of regulation
Operated for a long timeLimited 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.

Is MSL Legit?

What Can I Trade on MSL?

  MSL provides trading services on stocks, bonds, equity investment, and capital management.

What Can I Trade on MSL?

Account Type

  There is only one type of account: BO Account. The opening fee is Tk. 450.

Account Type

MSL Fees

Opening Fee CommissionMin. BalanceYearly Renewal FeeDeposit from bKash/Rocket/Nagad
450 BDT0.4%500BDT 4501% service fee
MSL Fees
MSL Fees

Trading Platform

  MSL uses DSE as its trading platform, and clients can register through Midway Portal.

Trading PlatformSupported Available Devices Suitable for
DSE✔Mobile, DesktopExperienced traders
DSE Investor✔MobileBeginners

Deposit and Withdrawal

Deposit OptionFeeProcessing Time
RTGS❌10 minutes
NPSB❌
bKASH, ROCKET,NAGAD1%
Credit card/
BEFTN❌After 1 working day
Withdrawal Options FeeProcessing Time
BEFTN//
Trading Platform
Trading Platform

  

Related broker

No Regulation
MSL
Company name:Midway Securities Ltd
Score
1.56
Website:https://www.midwaybd.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.56

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