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MFM Securities -

Score

1.42 /10
Danger

MFM Securities

Australia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://mfmsbroker.com

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Regulatory Index0.00

Business Index6.31

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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MY SCM
2021-01-01
INVESTOR ALERT LIST
MFM Securities
MFM Securities

Broker Information

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Company Name

MFM Securities Limited

Company Abbreviation

MFM Securities

Platform registered country and region

Australia

Company website

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Warning: Low score, please stay away!
Previous Detection : 2025-01-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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MFM Securities · Company summary

Note: MFM Securities's official website - https://MFM Securities.com/ is currently inaccessible normal.

MFM Securities Review Summary
Founded/
Registered Country/RegionAustralia
RegulationUnregulated
Market Instruments100+ CFDs on stocks, indices, forex, commodities, cryptocurrencies, bonds and ETFs
Demo Account✅
Leverage1:10-1:1000
SpreadFrom 1.8 pips (Standard account)
Trading PlatformMT4, MT5
Min Deposit$15
Customer Support24/7 live chat
Tel: +44 13161 888 32
Email: support@mfmsecurities.com
Twitter, Facebook, Instagram, YouTube and LinkedIn
Registered address: Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent and The Grenadines

MFM Securities, a trading name of MFM Securities (Pacific) Limited, is a forex and CFD broker that offers trading in stocks, indices, forex, commodities, cryptocurrencies, bonds and ETFswith spreads from 1.8 pips on the Standard account and flexible leverage up to 1:1000. It also offers four different live account types on the top MetaTrader4 and MetaTrader5 trading platforms.

MFM Securities' homepage

Pros and Cons

ProsCons
Diverse tradable asset classesUnfunctional website
Demo account and three live account typesNot licensed
Micro accounts offeredDeposit and withdrawal fee charged
Flexible leverage ratios
No commissions for some account types
MT4 and MT5 supported
Low minimum deposit
Popular payment options
24/7 live chat support

Is MFM Securities Legit?

No. MFM Securities operates without regulations. Please be aware of the risk!

No license

What Can I Trade on MFM Securities?

MFM Securities advertises that it offers access to more than 100 trading instruments in financial markets, including CFDs on 7 asset classes: stocks, indices, forex, commodities, cryptocurrencies, bonds and ETFs.

Trading AssetAvailable
CFDs✔
forex✔
commodities✔
stocks✔
indices✔
cryptocurrencies✔
bonds✔
ETFs✔
options❌

Account Type

Apart from demo accounts, MFM Securities claims to offer three types of trading accounts, namely Standard, Prime, and Micro.

Account TypeMinDeposit
Micro$15
Standard$25
Prime$100
ECN$100
Account comparison

Leverage

The leverage provided by MFM Securities is capped at 1:1000. More details can be found in the below table. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

StandardPrimeECNMicro
Forex1:100-1:5001:100-1:1000
Metals
Energy
Stocks1:10-1:60/
Cryptos/1:10
Account comparison 1
Account comparison 2

Spread and Commission

Account TypeSpreadCommission
StandardFrom 1.8 pips❌
PrimeFrom 0.4 pips
ECN/
MicroRaw$5/lot

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, Mobile, WebBeginners
MT5✔Desktop, Mobile, WebExperienced traders
MT4/5

Deposit and Withdrawal

MFM Securities says to accept deposits via credit/debit cards, online banking, cryptocurrency and Wire Transfer, and withdrawals with online banking and cryptocurrency.

The minimum initial deposit requirement is said to be $100 for Wire Transfer, while $25 for deposit methods. The minimum withdrawal amount is $13.

The broker also charges deposit fees, 1.5% and minimum €0.4 for cryptocurrency deposits, while other deposits are free.

As for the processing time of deposit and withdrawal requests, all deposits are said to be processed within 10 minutes, while free for online banking withdrawals and 1.5% for cryptocurrency withdrawals.

Deposit and Withdrawal

Promotions

MFM Securities claims to offer a 35%+25% deposit bonus and a $30 welcome bonus on the Prime account. The maximum bonus is up to $5,000.

In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.

News

NewsMFM Securities Do-It Ramadan Contest 2022

The MFM Securities Malaysia Do-It Ramadan Contest will take place from March 28th to April 4th, 2022. The month of Ramadhan has arrived, and it is time to contribute more. Take part in MFM Securities Do-It-Yourself Ramadan Contest for a chance to win cash!

WikiFX
2022-04-19 15:20
MFM Securities Do-It Ramadan Contest 2022

NewsMFM Securities: Serving Retail and Institutional Clients Worldwide – and Still Growing

Global Banking & Finance Review recently caught up with Handzalah Osman, the Head of Business Strategy at MFM Securities, a global multi-asset broker who has been operating since 2011. We asked Handzalah about what MFM has to offer over its competitors, what advice he would give to someone who is new to trading, and what MFM’s customers can look forward to seeing in the near future.

WikiFX
2022-02-25 12:20
MFM Securities: Serving Retail and Institutional Clients Worldwide – and Still Growing

NewsMFM Securities Limited

MFM Securities is a Vanuatu based forex and CFD broker that was formed recently and is aiming to become a top broker by offering clients the best execution, spreads, and service. The broker is focused on the Asian region but has also grown to service clients all across the globe. They have even been selected as the best new forex broker in southeast Asia for 2021 by Global Banking and Finance Review.

WikiFX
2022-02-25 12:09
MFM Securities Limited
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sherry
more than one year
When I use an online trading platform, my first concern is always safety. When I initially started trading at MFM Securities, I was really hesitant, but I ultimately gave it some time before gradually beginning to invest here. And, although it took me some time to pick, this proved to be the safest and most dependable platform so far.
When I use an online trading platform, my first concern is always safety. When I initially started trading at MFM Securities, I was really hesitant, but I ultimately gave it some time before gradually beginning to invest here. And, although it took me some time to pick, this proved to be the safest and most dependable platform so far.
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2023-03-03 17:53
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