Mabicon

WikiFX | 2024-12-06 10:55

Abstract：Mabicon is a brokerage incorporated in South Africa in 2022. It is regulated by the FSCA and offers traders 1700+ market trading opportunities, supports MT5, plus 4 account types, supports spreads from 0 and no commission. At present, the information of the deposit and withdrawal of this brokerage is not available.

MabiconReview Summary
Founded	2022
Registered Country/Region	South Africa
Regulation	Regulated
Market Instruments	CurrenciesPrecious metals & CommoditiesCFDs IndicesCryptocurrencies
Demo Account	✅
Leverage	Up to 1:5000
Spread	From 0
Trading Platform	MT5
Min Deposit	$100
Customer Support	Phone: +27760854566
	Email: info@mabiconfx.com
	Online Chat: 24/7
	Social Media: Facebook, Linkedin
	Physical Address: Alice Lane， Phase 3， 4th Floor， Alice Lane， Sandhurst， Sandton， Gauteng， 2146， Johanesburg， ZA

Mabicon Information

Mabicon is a brokerage incorporated in South Africa in 2022. It is regulated by the FSCA and offers traders 1700+ market trading opportunities, supports MT5, plus 4 account types, supports spreads from 0 and no commission. At present, the information of the deposit and withdrawal of this brokerage is not available.

Pros and Cons

Pros	Cons
Well regulated	No deposit and withdrawal information
4 kinds of accounts
The spread starts at 0
No commissions
Support MT5

Is Mabicon Legit?

Regulated Country/Region
Regulated Authority	FSCA
Regulated Entity	Mabicon (PTY) Ltd
License Type	Financial Service
License Number	52698
Current Status	Regulated

What Can I Trade on Mabicon?

Mabicon says it offers 1,700 + markets. Over 60+ currency pairs; Metals and commodities; CFD indices, including FTSE 100, Dow Jones, DAX, NASDAQ 100, Nikkei 225, CAC 40, etc.; Cryptocurrencies include Bitcoin, Ethereum, Ripple, Litecoin, and others.

Tradable Instruments	Supported
Currencies	✔
Precious metals & Commodities	✔
CFDs Indices	✔
Cryptocurrencies	✔
Stocks	❌
Bonds	❌
ETF	❌

Account Types

Mabicon has 4 types of accounts : Cent (Nano),Standard,ECN,ECN Pro. Among them, the minimum deposit requirement is $100, the leverage is unified at 1:5000, and the MT5 is also supported.

Account Types	Cent (Nano)	Standard	ECN	ECN Pro
Minimum Deposit	$100	$100	$500	$1,000
Maximum Leverage	1:5000	1:5000	1:5000	1:5000
Trading Platform	MT5	MT5	MT5	MT5
Products	FX Major/ Metals	FX Major/ Metals	FX Major/ Metals	FX Major/ Metals
Stop Out Level	20%	20%	20%	20%
Spreads From	1.6	1.6	1.6	1.6