Score

1.48 /10
Danger

MC

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 9

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.80

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

MC环球投资

Company Abbreviation

MC

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
MC · Company summary

Note: MC's official website: https://www.xtmcic.com/ is normally inaccessible.

MC Information

MC is an unregulated brokerage company registered in China. While the broker's official website has been closed, so traders cannot obtain more security information.

Is MC Legit?

MC is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is MC Legit?

After a Whois query, we found that this company's domain name is for sale, which shows that this company has not registered it securely.

Is MC Legit?

Downsides of MC

  • Unavailable Website

The website of MC is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since MC does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

MC is not regulated, which is less safe than a regulated one.

  • Withdrawal Difficulty

According to a report on WikiFX, a user encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.

Negative MC Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative MC Reviews on WikiFX

Currently, there are 9 pieces of MC exposure in total.

Exposure. Cannot withdraw/Others

ClassificationUnable to Withdraw/Others
Date2020-2023
Post CountryHong Kong, China

In addition to being unable to withdraw funds, there are other issues such as unreasonable quotes, login freezes, etc. You may visit: https://www.wikifx.com/en/comments/detail/202009186582183011.html https://www.wikifx.com/en/comments/detail/202106229472617182.html https://www.wikifx.com/en/comments/detail/202104189352721421.html.

Conclusion

MC Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

User Reviews

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User comment

2

Comments

Write a review

Jesse Hamilton
more than one year
M.C. left me feeling like I was in the middle of a guessing game. There were constant discrepancies between the prices they showed and what I saw on the MT4 platform. It's like trying to play chess with missing pieces – impossible to make the right moves. Another hiccup was the absence of a demo account. It's like trying to learn to swim in a storm without a life jacket.
M.C. left me feeling like I was in the middle of a guessing game. There were constant discrepancies between the prices they showed and what I saw on the MT4 platform. It's like trying to play chess with missing pieces – impossible to make the right moves. Another hiccup was the absence of a demo account. It's like trying to learn to swim in a storm without a life jacket.
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2023-10-12 15:19
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FX1519339867
more than one year
High levels of slippage were quite disconcerting. Due to this, trades were frequently executed at prices far away from my intended ones, thereby leading to unexpected and unwanted losses. To add to the complications, the large spreads offered by MC significantly limited my potential profits, especially on short-term trades. For finance geeks, MC's spreads were often between 3-4 pips for major pairs, a number considerably higher than the industry average. The account-opening process was another story. It was overly complex and time-consuming, making it difficult for me to kickstart my trading. Additionally, the limited portfolio of trading instruments available was quite restrictive for my trading goals.
High levels of slippage were quite disconcerting. Due to this, trades were frequently executed at prices far away from my intended ones, thereby leading to unexpected and unwanted losses. To add to the complications, the large spreads offered by MC significantly limited my potential profits, especially on short-term trades. For finance geeks, MC's spreads were often between 3-4 pips for major pairs, a number considerably higher than the industry average. The account-opening process was another story. It was overly complex and time-consuming, making it difficult for me to kickstart my trading. Additionally, the limited portfolio of trading instruments available was quite restrictive for my trading goals.
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2023-10-11 14:15
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