Mabicon

Mabicon Information

Mabicon is a brokerage incorporated in South Africa in 2022. It is regulated by the FSCA and offers traders 1700+ market trading opportunities, supports MT5, plus 4 account types, supports spreads from 0 and no commission. At present, the information of the deposit and withdrawal of this brokerage is not available.

Pros and Cons

Is Mabicon Legit?

Regulated Country/Region
Regulated Authority	FSCA
Regulated Entity	Mabicon (PTY) Ltd
License Type	Financial Service
License Number	52698
Current Status	Regulated

What Can I Trade on Mabicon?

Mabicon says it offers 1,700 + markets. Over 60+ currency pairs; Metals and commodities; CFD indices, including FTSE 100, Dow Jones, DAX, NASDAQ 100, Nikkei 225, CAC 40, etc.; Cryptocurrencies include Bitcoin, Ethereum, Ripple, Litecoin, and others.

Account Types

Mabicon has 4 types of accounts : Cent (Nano),Standard,ECN,ECN Pro. Among them, the minimum deposit requirement is $100, the leverage is unified at 1:5000, and the MT5 is also supported.

Mabicon Fees

Mabicon's accounts all have spread starting at 1.6. In addition, it claims that it supports spreads from 0 and no commission.

Trading Platform

Mabicon offers the MT5 trading platform, which can be traded on the web, desktop and mobile versions.