User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
Regulated
Score
7.14 /10
Good
MC Prime
1-2 yearsRegulated in Hong Kong
Dealing in futures contracts & Leveraged foreign exchange trading
Suspicious Scope of Business
Medium potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index7.55
Business Index4.03
Risk Management Index8.90
Software Index6.80
License Index7.55
Time Machine
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
Download App for complete information
WikiFX Verification
| MC PrimeReview Summary | |
| Founded | 2024-05-17 |
| Registered Country/Region | Mauritius |
| Regulation | Unregulated |
| Market Instruments | Commodities/Currencies/Forex/Indices |
| Demo Account | ❌ |
| Leverage | Up to 1:1000 |
| Spread | From 0.2 |
| Trading Platform | MT4/MT5/MC Prime web trading(PC/Windows/Linux/Mac/IOS/Android) |
| Min Deposit | 50 USD |
| Customer Support | Email: service@mc-prime.com |
| 24/7 online multi-language customer support | |
| Instagram/Telegram/Facebook/Twitter | |
| Social media | |
MC Prime Information
MC Prime is a newly founded forex broker that is registered in Mauritius. The tradable instruments with a maximum leverage of 1:1000 include commodities, currencies, forex, and indices. The broker also provides Standard, Basic, Raw, and US Cent accounts with different opening conditions. The minimum spread is from 0.2 and the minimum deposit is 50 USD. Despite its regulated status, MC Prime is still risky due to its high leverage.
Pros and Cons
| Pros | Cons |
| 24/7 customer support | Swap charged |
| MT4/MT5 available | High max leverage |
| Commission free | |
| Spread from 0.2 | |
| Regulated | |
| Demo account available |
Is MC Prime Legit?
MC Prime is regulated by the Securities and Futures Commission of Hong Kong with license number AXT242 as well as Cyprus Securities and Exchange Commission with license number 299/16. Besides, the broker claims to be regulated by CySEC, FSC, FSA, MSB, and FCIS.
What Can I Trade on MC Prime?
MC Prime offers a wide range of market instruments, including commodities, currencies, forex, and indices.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Indices | ✔ |
| Currencies | ✔ |
| Forex | ✔ |
| Stocks | ❌ |
| Precious Metals | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
MC Prime has four account types: Standard, Basic, Raw, and US Cent. Traders who want low leverage can choose raw and US-cent accounts, while those with a sufficient budget can open a raw account. Demo accounts are primarily for practice purposes and cannot guarantee the same trading outcomes as real accounts.
| Account Type | Standard | Basic | Raw | US Cent |
| Minimum Deposit | 50 USD | 50 USD | $2000 (Limited Time) | 50 USD |
| Spread | From 0.2 | From 0.2 | From 0.2 | From 0.2 |
| Maximum leverage | 1:1000 | Floating | 1:200 | 1:200 |
| Commission | $0 | $0 | $3.5 | $0 |
MC Prime Fees
The spread is from 0.2, the commission is from 0. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
Trading Platform
The minimum deposit is $50. MC Prime cooperates with the authoritative MT4 and MT5 trading platforms and propriety MC Prime web trading platform available in Windows, Linux, Mac, IOS, Android, and PC to trade. Junior traders prefer MT4 over MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | PC/Mac/iOS/Android |
| MT4 | ✔ | Windows/Linux/Mac/IOS/Android |
| MC Prime web trading | ✔ | Windows/Linux/Mac/IOS/Android |
Deposit and Withdrawal
The minimum deposit is 50 USD. MC Prime accepts Sticpay, Transfer, Neteller, and Skrill for deposit and withdrawal. Withdrawals via Fireblocks are processed and credited within 1 business day. For withdrawal amounts less than 50U, a fee of 3U is charged.
Bonus
Get a 100% first deposit bonus, up to $500.
start to write first comment