mBank(mForex) -Overview of Minimum Deposit, Spreads & Leverage
abstrak：Founded in 2013, mBank is an unregulated broker registered in Poland, offering trading in Forex, Indices, and Commodities with leverage up to 1:30 and spread from 0.2 pips via the MT4 and mForex Web platforms.
| mBank Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Poland |
| Regulation | Unregulated |
| Market Instruments | Forex, Indices, Commodities |
| Demo Account | / |
| Leverage | Up to 1:30 |
| Spread | From 0.2 pips |
| Trading Platform | MT4, mForex Web |
| Min Deposit | PLN 2,000 |
| Customer Support | Tel: 22 697 47 74 |
| Email: mforex@mbank.pl | |
| Social Media: Facebook, Twitter, YouTube | |
| Company Address: ul. Prosta 18 00-850 Warsaw | |
Founded in 2013, mBank is an unregulated broker registered in Poland, offering trading in Forex, Indices, and Commodities with leverage up to 1:30 and spread from 0.2 pips via the MT4 and mForex Web platforms.
Pros and Cons
| Pros | Cons |
| Tight spreads | No regulation |
| MT4 supported | Limited tradable assets |
| Conservative levearge | |
| Commission charged | |
| High minimum deposit | |
| Unknown payment options |
Is mBank Legit?
No, mBank currently has no valid regulations. Please be aware of the risk!
What Can I Trade on mBank?
| Trading Asset | Available |
| forex | ✔ |
| indices | ✔ |
| commodities | ✔ |
| stocks | ❌ |
| cryptocurrencies | ❌ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Account Type/Leverage/Fees
Standard and VIP are the two account types that mForex offers. The activation fee for both accounts is PLN 2,000, or roughly 430 USD, which is seen as a large amount.
| Account Type | Standard | VIP |
| Activation Payment | Min. PLN 2,000 for individuals, PLN 10,000 for companies | |
| Leverage | Up to 1:30 (for retail customers) | |
| Spread | From 0.2 pips | |
| Commission | 0.0039% | 0.0027% |
Trading Platform
In addition to MT4, mBank also offers a mForex Web platform which is said to be available from a web browser, allows for easy and efficient adjustment of the chart appearance, the quick placing of orders, and the built-in calculator optimizes the investment process.
| Trading Platform | Supported | Available Devices | Suitable for |
| mForex | ✔ | Web | / |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ❌ | / | Experienced traders |
Magbasa pa ng marami
The pound, gilts and renewables: the winners and losers under Britain’s future PM
The race to be the next leader of Britain’s ruling-Conservative Party and the country’s prime minister is into its final leg, with the September outcome likely to shape the fortunes of sterling, gilts and UK stocks in coming months.
IMF cuts global growth outlook, warns high inflation threatens recession
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing and could push the world economy to the brink of recession if left unchecked.
Starting Forex Trading: Creating A Profit Plan
A key factor in building a successful and profitable trading career is making your own plans. Your transaction plan will provide a good framework for guiding ever-changing currency prices to profit.
Huobi to Shut Down Thai Operations in July
The company’s license in Thailand has been revoked. Thailand is one of the fastest-growing crypto markets in Southeast Asia.
Broker ng WikiFX
Exchange Rate
