mBank(mForex) -Overview of Minimum Deposit, Spreads & Leverage

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

Is mBank Legit?

No, mBank currently has no valid regulations. Please be aware of the risk!

What Can I Trade on mBank?

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.

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.