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Company Name
MC Trading
Company Abbreviation
MC Trading
Platform registered country and region
Montenegro
Company website
Company summary
Pyramid scheme complaint
Expose
MC Trading is a broker registered in Montenegro, offering over 500 kinds of investment instruments, including commodities, indices, cryptocurrencies and stocks. It supports trading on the globally renowned MT5 platform. However, it should be noted that it does not provide services for residents of the United States, Canada and Türkiye. Moreover, MC Trading is not regulated by any legal institutions.
Pros and Cons
| Pros | Cons |
| Multiple Trading Choices | Lack of Regulation |
| Multiple Account Types | No Info on Fees |
| Demo Accounts | Limited Info on Trading |
| MT5 Trading Platform | High Minimum Deposit |
| Geographic Restrictions |
Is MC Trading Legit?
MC Trading dose not pose a legal regulatory license.
It claims to be governed by the Commonwealth of Dominica under license number 2023/C0125, but the authenticity of this claim remains uncertain.
What Can I Trade on MC Trading?
There are more than 500 types of trading instruments provided in MC Trading, which can be categorized into four main groups: commodities, indices, cryptocurrencies, and stocks.
| Tradable Instruments | Supported |
| Forex | ❌ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stock | ✔ |
| Mutual Funds | ❌ |
| Bonds | ❌ |
Account Type
MC Trading offers three types of live trading accounts: Gold account with a minimum deposit of $500, Platnium account with a minimum deposit of $1,000, and VIP account with a minimum deposit of $5,000.
In addition, it provides demo accounts with a virtual balance of $10,000.
However, information concering leverage, spreads and commission is not available on its website.
Trading Platform
MC Trading only supports trading through MT5, a globally leading trading platform. However, it is uncertain whether MC Trading has got legal permission or license from MT5.
| Trading Platform | Supported | Available Devices |
| MT4 | ❌ | / |
| MT5 | ✔ | Desktop, PDA, iPhone, iPad and Android |
Deposit and Withdrawal
Based on the FAQ at MC Trading's official website, it says that the methods for withdrawing are numerous and you can instantly request a withdrawal.
As for deposits, you can make them via Bank Transfer (EFT), SWIFT, Crypto Transfer, or Credit Card.
Customer Service
MC Trading allows contact through online chat, phone, email and physical address.
| Contact Options | Details |
| Online Chat | 5/24 |
| support@mctrading.pro | |
| Phone | +382 20 611 075 |
| Physical Address | 8 Jepson Lane, St.Great George, Roseau, Dominica Marka Radovica bb, ul.A3 st64., Podgorica, Montenegro |
| Supported Language | English |
| Website Language | English |
The Bottom Line
MC Trading offers over 500 types of trading instruments and you can choose from three types of accounts suitable for trading on MT5. However, it is important to note that this broker is not subject to any legal regulation, so you are advised to stay away from such brokers.
FAQs
Is it safe to trade with MC Trading?
No, trading with MC Trading is unsafe given the lack of legal regulation.
Are there any regional restrictions on MC Trading's services?
Yes, MC Trading does not provide services for residents of the United States, Canada and Türkiye.
What trading platform is available at MC Trading?
MC Trading supports trading on MT5 trading platform.
