MC Information Revealed

MC Information

MC Financial Services Limited is a financial institution based in Hong Kong, regulated by the Securities and Futures Commission of Hong Kong for dealing in futures contracts since April 20, 2018. The company offers many market instruments, including equities, futures contracts, foreign exchange (forex), bonds, and commodities. It offers accounts with a leverage of 10:01 and a spread between 0.2 and 0.5 pips on currency pairs.

Pros and Cons

Is MC Legit?

MC has a license type of Dealing in futures contracts regulated by The Securities and Futures Commission (SFC) in Hong Kong with a license number of BLC140.

What Can I Trade on MC?

MC offers many tradable assets including forex, indices, commodities, and cryptocurrencies.

Account Type

MC Financial Services Limited offers two types of account options: the Basic Account and the Premier Account. The Basic Account does not require a monthly fee. The Premier Account imposes a monthly fee of HKD 100. However, specific details regarding additional benefits or features tied to each account type are not available.

MC Fees

The spreads are typically between 0.2 and 0.5 pips. MC Financial Services also charges commissions on trades, which are a fixed fee per trade. The commissions are typically between HKD 5 and HKD 10 per trade.

Trading Platform

Deposit and Withdrawal

MC Financial Services allows customers to deposit and withdraw funds through a variety of channels, including online banking, mobile banking, ATMs, and bank branches. The minimum deposit amount is HKD 100 and the maximum withdrawal amount per day is HKD 10,000.