Abstract:MSL is a stock brokerage firm registered in 2010 in Bangladesh. It offers trading services on stocks, bonds, equity investment, and capital management, and it uses its own trading platforms. However, this company lacks regulation, and potential risks still exist.
MSLReview Summary | |
Founded | 2010 |
Registered Country/Region | Bangladesh |
Regulation | No regulation |
Market Instruments | Stocks, Bonds, Equity Investment, Capital Management |
Demo Account | / |
Leverage | / |
Trading Platform | DSE Mobile, DSE Investor, DSE Desktop version |
Min Deposit | 500 BDT |
Customer Support | Phone: 09609 100 142, +88 01874444815, +88 0241040007, +88 0241040008 |
Email: info@midwaybd.com | |
Contact form |
MSL is a stock brokerage firm registered in 2010 in Bangladesh. It offers trading services on stocks, bonds, equity investment, and capital management, and it uses its own trading platforms. However, this company lacks regulation, and potential risks still exist.
Pros | Cons |
Multiple market instruments | Lack of regulation |
Operated for a long time | Limited information about account details |
MSL is not regulated by the financial services regulatory authority in Bangladesh. Moreover, the current status shows that client transferring is prohibited.
MSL provides trading services on stocks, bonds, equity investment, and capital management.
There is only one type of account: BO Account. The opening fee is Tk. 450.
Opening Fee | Commission | Min. Balance | Yearly Renewal Fee | Deposit from bKash/Rocket/Nagad |
450 BDT | 0.4% | 500 | BDT 450 | 1% service fee |
MSL uses DSE as its trading platform, and clients can register through Midway Portal.
Trading Platform | Supported | Available Devices | Suitable for |
DSE | ✔ | Mobile, Desktop | Experienced traders |
DSE Investor | ✔ | Mobile | Beginners |
Deposit Option | Fee | Processing Time |
RTGS | ❌ | 10 minutes |
NPSB | ❌ | |
bKASH, ROCKET,NAGAD | 1% | |
Credit card | / | |
BEFTN | ❌ | After 1 working day |
Withdrawal Options | Fee | Processing Time |
BEFTN | / | / |
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According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1