MBCFX Rated 3/5

MBCFX Guide - Read our In Depth 2025 MBCFX Review

This detailed MBCFX review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, CFD trading, Social trading, Share Dealing.

Learn more about MBCFX.

Benefits of Trading with MBCFX

MBCFX Review 2025 Quick Summary
💰 Min Deposit 5000
👱‍♂️ Used By 1,000,000 MBCFX users and traders
📆 Founded 2008
🌍 HQ British Virgin Islands
👮‍♂️ Regulation Unregulated
🚫 Excluded Countries MBCFX is not available in the following countries :

Open MBCFX's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is MBCFX?

MBCFX are a worldwide financial trading platform and broker. founded in 2008

Over 16 years later MBCFX now serves over 1,000,000 retail investors Forex trading, CFD trading, Social trading, and Share Dealing trading.

MBCFX are a global broker. MBCFX have a head office in British Virgin Islands.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this MBCFX review and assess how well the MBCFX platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like MBCFX. Choosing or shortlisting a trading platform like MBCFX can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like MBCFX.

As a result, selecting the right trading platform like MBCFX requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like MBCFX available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like MBCFX requires thorough due diligence and careful consideration. Some MBCFX trading features can be complex when trading on mobile or using the MBCFX online trading platform. Beginners and inexperienced traders must take the time to learn how to use the MBCFX trading tools properly. In our review of MBCFX we explain the pros and cons. What MBCFX offer, countries MBCFX are available in. Who MBCFX are regulated by and more.

MBCFX Review Screenshot

When it comes to online trading with brokers like MBCFX, carefully review MBCFX as your broker can make or break your success. Choosing the right broker is essential to ensure your MBCFX investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your MBCFX review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of MBCFX. You must also ensure the MBCFX broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, MBCFX needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with MBCFX into easily digestible information in this MBCFX review. We want to ensure you have all the knowledge necessary to use the MBCFX trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with MBCFX are the key to successful trading, so we've provided this detailed MBCFX review. So, take a seat, grab a cup of coffee, and dive in to learn about MBCFX and how it can benefit you or if MBCFX is not for you.

Online investing with MBCFX can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with MBCFX, evaluating the MBCFX platform is important. Evaluation includes researching the MBCFX management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with MBCFX. That's why it's essential to understand the MBCFX company policies and practices before making any investment decisions. By doing your due diligence and understanding MBCFX platform, you can make informed investment choices that align with your financial goals. So take the time to research MBCFX thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this MBCFX review you need to determine if MBCFX is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to MBCFX, so you can make a more informed decision and compare other brokers against MBCFX.

If you want to look at some MBCFX alternatives that might better fit your needs, we list and compare some of the best MBCFX alternatives further down this MBCFX review.

Trading online with MBCFX requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the MBCFX trading tools and features. You must know what you are doing when trading with MBCFX. That's why we've compiled this detailed MBCFX review with some important information that will hopefully make you more informed when online trading with MBCFX.

MBCFX Review Table of Contents

MBCFX review
MBCFX is a Multi-Assets Trading Platform with over 165+ Assets

Learn more about MBCFX. MBCFX is a multi asset platform with 165+ tradable Assets. Assets available on MBCFX include Forex trading, CFD trading, Social trading, Share Dealing.

MBCFX trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Social trading, Share Dealing are considered financial assets.

Features of MBCFX

MBCFX review
What you should know

MBCFX offer four ways to trade: Forex trading, CFD trading, Social trading, Share Dealing. The assets and products available to you on the MBCFX trading platform depends on the region of the world, you are in and the MBCFX entity you have an account.

With MBCFX you will need a minimum deposit of $5000. You can sign up for a demo account to acquaint yourself with MBCFX platform.

MBCFX are able to accommodate various levels of traders whether you are experienced or a beginner.

Are MBCFX safe?

When considering MBCFX for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as MBCFX, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2008, and in operation for 16 years MBCFX have a head office in British Virgin Islands.

MBCFX is not regulated. This means MBCFX are not supervised by any regulatory bodies.

MBCFX withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like MBCFX are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. MBCFX are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of MBCFX and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. MBCFX has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, MBCFX will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like MBCFX, you can enjoy peace of mind and focus on your trading activities.

Your capital is at risk

Is my money safe with MBCFX?

All payments made to MBCFX by traders are securely held in a segregated bank account.

MBCFX uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should MBCFX use them?

MBCFX partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their MBCFX clients' funds.

MBCFX clients can have greater confidence in their financial security when working with a Tier 1 bank because MBCFX are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in MBCFX deposited in a Tier 1 bank?

Depositing funds with MBCFX ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if MBCFX were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that MBCFX is a secure and safe platform.

Please be aware that trading in financial assets with MBCFX carries a risk of loss. MBCFX trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

MBCFX emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about MBCFX, let's closely examine its features.

To better understand the MBCFX trading platform, you can create two separate accounts - one with real money and the other a MBCFX demo account. A MBCFX demo account provides a risk-free environment for experimenting with the MBCFX platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in MBCFX trading decisions.

Open a demo account Visit MBCFX

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How MBCFX as a Company Compare Against Other Brokers

Broker mbcfx IC Markets Roboforex eToro
Year Established 2008 2007 2009 2007
Head Office British Virgin Islands Australia Belize Cyprus, UK
Regulation Unregulated Seychelles Financial Services Authority (FSA) (SD018) RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 1,000,000+ MBCFX users 200,000+ IC Markets users 730,000+ Roboforex users 35,000,000+ eToro users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit MBCFX Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider.

MBCFX review
MBCFX Pros and Cons

What we like about MBCFX

  • Used by over 1,000,000 MBCFX users and traders
  • Established in 2008
  • Min. deposit from $5000

What we don't like about MBCFX

MBCFX review
MBCFX Regulation and Licensing in more detail

The online broker MBCFX is not regulated by well-known bodies, although it may seem legitimate. Limited financial regulation is common for new brokers or those operating under offshore licenses to save costs. However, trading with regulated brokers is highly recommended as they may provide protection and assistance in difficult situations. If you encounter issues with MBCFX, you may not receive adequate help or recourse.

  • Unregulated

Is MBCFX Global?

Yes, MBCFX is global as MBCFX is available in over 194 countries.

MBCFX is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries MBCFX covers include the UK, Germany, South Africa, Thailand, China and Australia. MBCFX has a total of more than 1,000,000 users.

MBCFX review
MBCFX Fees Explained

  • MBCFX doesn't charge withdrawal fees.
  • MBCFX does charge a fee for inactive accounts.
  • MBCFX doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from MBCFX are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

MBCFX Costs To Check

Modern brokers like MBCFX provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, MBCFX may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall MBCFX trading profitability.

How MBCFX Fees Compare Against Other Brokers

Broker mbcfx IC Markets Roboforex eToro
Min Deposit 5000 200 10 50
Withdrawal Fees No No No Yes
Inactivity Fees Yes No No Yes
Deposit Fees No No No No
CFD Commission Fees Yes No Yes

MBCFX Minimum Deposit

MBCFX requires a minimum deposit of 5000 GBP/USD/EUR when opening an MBCFX trading account.

A minimum deposit is the minimum amount of money required by MBCFX to open a new online brokerage account with them.

Don't be scared off by brokers like MBCFX charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like MBCFX, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

MBCFX Withdrawal Fees

MBCFX doesn't charge withdrawal fees.

MBCFX Withdrawal rules may vary across different brokers when it comes to transferring funds from your MBCFX or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with MBCFX may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the MBCFX withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from MBCFX. Researching and comparing MBCFX withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing MBCFX funds frequently or dealing with large sums of money. Awareness of these MBCFX fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your MBCFX funds.

For example, MBCFX allows you to withdraw your funds to Debit Cards, Credit Cards, VISA, MasterCard, Bank Transfer.

MBCFX Inactivity Fees

MBCFX does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by MBCFX terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all MBCFX fees and services. It's recommended that you check the MBCFX website before signing up. If you decide to close your MBCFX account, it's important to do so with the MBCFX broker customer support and obtain confirmation that no remaining MBCFX fees are due.

Brokers like MBCFX must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

MBCFX Deposit Fees

MBCFX does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

MBCFX Commission Fees

MBCFX does charge commission on CFD instruments.

Brokerage firms like MBCFX may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the MBCFX trading account level held by the trader.

MBCFX may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing MBCFX terms and conditions to understand the commission fees and any other charges that may apply is essential.

MBCFX review
What can you trade with MBCFX?

It's essential to note that the trading instruments offered under the MBCFX brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the MBCFX trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with MBCFX over 165 instruments in fact.

If you want to trade currency pairs on global Forex markets, MBCFX offer over currency pairs.

MBCFX Compared To Other Brokers

Compare MBCFX with IC Markets and Roboforex below.

Your capital is at risk

How MBCFX Trading Options Compare Against Other Brokers

Broker mbcfx IC Markets Roboforex eToro
Instruments Available 165 2250 12000 6000
Platforms MBCFX CFD Pro, MBCFX Meta Trader 4, PC, Mac, Mobile Apps, Android (Google Play), iOS (App Store), Web, MBCFX Currenex Platform MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web
FX / Currencies        
Forex pairs offered 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals No Yes Yes Yes
Energies No Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit MBCFX
Your capital is at risk
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider.

MBCFX review
Trading on MBCFX web platforms and other applications

MBCFX provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.

MBCFX also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See MBCFX's platforms

Is the MBCFX Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the MBCFX trading platform to protect you on PC and mobile MBCFX platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using MBCFX web trading platforms.

MBCFX Trading Platform Options

MBCFX does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

MBCFX offers its custom trading platform developed and tested in-house. The MBCFX trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.

The MBCFX platform allows traders to filter the financial marketplace for trade opportunities that match criteria.

With MBCFX, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the MBCFX platform, including news and quotes. Discover possible trades with the strong charting tools found with MBCFX. MBCFX is available as downloadable applications or online through the cloud. Monitor your orders with MBCFX and receive breaking news in your positions.

MBCFX Trading benefits

  • MBCFX Allows hedging
  • MBCFX Offers STP
  • MBCFX Offers Negative Balance Protection

MBCFX Trading Accounts Offered

Below we give an overview of the account types that MBCFX offer. Whatever you are looking to trade, the varying MBCFX account types will be able to provide you with what you need.

  • MBCFX Demo account
  • MBCFX Standard account
  • MBCFX STP account

Can I try MBCFX?

MBCFX provides a demo account that enables individuals to explore trading before investing their funds. By creating a MBCFX practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the MBCFX demo account can help individuals to make informed decisions before investing their money.

Open a demo MBCFX account to practice and trade.

Your capital is at risk

MBCFX withdrawal and funding methods

It's essential to remember that the payment methods provided by MBCFX vary based on the MBCFX entity and the MBCFX client's country of residence. To view the MBCFX payment options available, you can log into your MBCFX member's area.

MBCFX offers various funding payment methods listed in your MBCFX dashboard if available in your region. To learn more about the MBCFX funding and withdrawal options available in your area, you can explore the MBCFX website.

MBCFX provides several payment methods for funding your MBCFX account. You may utilize any of these deposit options if they are available in your region. MBCFX ensures that users have multiple payment methods to choose from, making it more convenient for verified MBCFX account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the MBCFX user's location. learn more about MBCFX funding and withdrawal methods.

MBCFX Payment Methods

Some MBCFX payment methods are local and are available only to specific regions. MBCFX account holders should check which payment methods are provided in your region.
  • MBCFX accepts Debit Cards
  • MBCFX accepts Credit Cards
  • MBCFX accepts VISA
  • MBCFX accepts MasterCard
  • MBCFX accepts Bank Transfer
Broker mbcfx IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes No Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No No No
Neteller No Yes Yes Yes

*please note available MBCFX and other broker payment methods depend on the clients country of residence.

How can I start trading with MBCFX?

To open a trading account with MBCFX, individuals can sign up on the MBCFX website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for MBCFX account validation and making a deposit. Once completed, MBCFX users can download the trading platform of their choice.

It's important to note that MBCFX requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps MBCFX maintain a trustworthy financial environment for its 1,000,000 users. Detailed information on the MBCFX trading platforms is available on their website.

Your capital is at risk

Performing trades with MBCFX

When using MBCFX, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. MBCFX have a max trade of varies. With STP execution on the MBCFX platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.

Like other brokers, MBCFX margin requirements can differ depending on the traded instrument.

CFD Trading on MBCFX

We will show you an example of the basics of using MBCFX leverage.

CFD trading on MBCFX allows traders to speculate on the price movements of various financial instruments against the broker MBCFX, without actually owning real assets. With CFDs, MBCFX traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

MBCFX provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, MBCFX leverage profits and losses are magnified when trading. For instance, using CFDs, you use the MBCFX trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, MBCFX leverage magnifies both profits and losses in trading.

Trading CFD trades on the MBCFX platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced MBCFX traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk

Limiting Your Risk When Trading with MBCFX Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like MBCFX. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a MBCFX trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, MBCFX trading losses are always limited to the current balance of funds in the trader's account.

Even if an MBCFX trader experiences a significant loss, they will never owe more money than what is available in their MBCFX account balance.

It's important for MBCFX traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that MBCFX losses are limited to the funds available in your MBCFX account when negative balance protection is in place.

Education Resources at MBCFX

MBCFX offer educational resources which include Technical Analysis. Please bear in mind that these resources provided by MBCFX do not guarantee any results when trading. When we checked on the MBCFX website, these educational resources were not available in every language. Also some financial instruments mentioned in any MBCFX educational resources may not be available in your region.

To trade effectively with MBCFX, it's important to have a good understanding of the MBCFX trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with MBCFX and externally.

MBCFX . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with MBCFX. Familiarizing yourself with the MBCFX trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using MBCFX. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with MBCFX involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like MBCFX, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with MBCFX. Explore the MBCFX platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with MBCFX, before live trading.

Customer Support at MBCFX

As part of our MBCFX review, we review customer service options, response times and problem resolution effectiveness on the MBCFX trading platform. The MBCFX trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

MBCFX Available Support Types

Based on our experience, we have given MBCFX a D grade for customer support. We encountered some slow response times or MBCFX queries that were left unanswered.

Compared to other brokers, MBCFX offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at MBCFX

Our team tested the live chat support of MBCFX and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.

In addition, we tested MBCFX support services in various countries and languages and found that MBCFX were able to effectively resolve our customer issues.

Email Support at MBCFX

We tested the email support of MBCFX by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any MBCFX response.

The MBCFX team did resolve and answer our queries, but the email support from MBCFX was overall average compared to other brokers we have tested.

Phone Support at MBCFX

We contacted MBCFX via phone and received quick assistance within 10 minutes of our call.

The MBCFX phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by MBCFX and found that they could assist us in various languages.

While we found the MBCFX phone support satisfactory, there is room for improvement in response time.

See how MBCFX Support Compares Against Other Brokers

Broker mbcfx IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit MBCFX Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with MBCFX

As MBCFX is regulated by Unregulated.

As a new client of MBCFX, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with MBCFX in your region. During the MBCFX account opening process, you will be asked to provide MBCFX with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with MBCFX have the following documents available.

  • MBCFX require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for MBCFX compliance. This must be dated within the last six months.
  • If you plan to fund your MBCFX account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the MBCFX platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under MBCFX Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring MBCFX's platform.

However, remember that you won't be able to make trades on MBCFX until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the MBCFX KYC compliance process as soon as possible to avoid any delays in accessing the MBCFX platform's features.

It is important to note that MBCFX may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the MBCFX platform and features immediately. However, you must pass the verification process to start live trading with MBCFX, which can take up to a few business days.

To start the process of opening an account with MBCFX you can visit the MBCFX trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from http://www.mbcfx.com/ on December 19, 2024.

Watch this MBCFX Explainer Video

Is MBCFX A Good Broker?

We have spent over 5 years examining MBCFX in depth. Although we found some very useful aspects of the MBCFX platform that would be useful to some traders. We feel that a alternative to MBCFX may better suit you.

  • MBCFX have a good track record of offering Forex trading, CFD trading, Social trading, Share Dealing.
  • MBCFX has a history of over 16 years.
  • MBCFX has a reasonable sized customer support of at least 10.
  • MBCFX are regulated by the Unregulated. MBCFX is subject to strict regulatory oversight from its respective jurisdiction, which holds MBCFX (the broker) accountable for misconduct. This regulatory framework helps ensure that MBCFX operates fairly and transparently and provides MBCFX customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and MBCFX.
  • MBCFX have regulation from reputable regulators.
  • One of the advantages of using MBCFX is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from MBCFX are particularly important as MBCFX traders want to receive their money quickly. With the efficient MBCFX payment processing system, traders can enjoy faster access to their MBCFX funds.
  • MBCFX have an international presence in multiple countries. Including local MBCFX seminars and training.
  • MBCFX can hire people from various locations in the world who can better communicate in your local language.

MBCFX Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

MBCFX not quite right?

If after reading this MBCFX review, MBCFX does not fulfill your needs check out these MBCFX Alternatives.

Click here to view the best MBCFX Alternatives

We have spent years researching the best alternatives to MBCFX. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective MBCFX alternatives available today. If you are unsatisfied with MBCFX or want to explore other options, we recommend checking out our carefully curated list of highly-rated MBCFX alternatives. Follow the links below to learn more about these MBCFX broker alternatives and choose the one that best suits your trading needs.

Related MBCFX Vs Comparisons

Throughout our comprehensive MBCFX review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing MBCFX against other popular brokers in the industry, check out our MBCFX Vs pages. Our team has compiled a series of detailed MBCFX comparison articles, pitting the MBCFX platform against some of the best-rated MBCFX competitors in the market. Dive into our informative MBCFX Vs pages below to find out how MBCFX stacks up against other leading brokers.

MBCFX review
MBCFX Frequently Asked Questions

Read our detailed MBCFX FAQ Section updated for 2025.

Can I try MBCFX?

MBCFX offer a demo account so you can try the MBCFX platform with virtual trading before you put down a payment. Virtual trading with MBCFX is zero risk. Learn more here

What funding methods do MBCFX accept?

Please note that the list of payment methods below depends on the MBCFX Entity and the client's Country of Residence.

MBCFX offer the following funding payment methods Debit Cards, Credit Cards, VISA, MasterCard, Bank Transfer, among other payment methods.
Learn more here

Your capital is at risk

Is MBCFX safe?

MBCFX have over 1,000,000 users. While MBCFX may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to MBCFX accounts by traders are held in a segregated bank account. For added security,MBCFX use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with MBCFX is risky, and because the market is so volatile, losses could happen at any time. Do not invest with MBCFX unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Your capital is at risk

Is MBCFX trading good?

MBCFX is considered good and reputable to trade with MBCFX. MBCFX is used by over 1,000,000 traders and MBCFX users. MBCFX offers Forex trading, CFD trading, Social trading, and Share Dealing trading. Minimum deposit with MBCFX is 5000.

Is MBCFX trading Legit?

MBCFX was founded in British Virgin Islands in 2008. MBCFX has been facilitating trade on the financial markets for over 16 years. MBCFX offers clients Forex trading, CFD trading, Social trading, and Share Dealing trading. All funds deposited to MBCFX are held in segregated bank accounts for security. MBCFX is not regulated. Although this doesn't mean MBCFX are awful, we recommend trading with regulated brokers.

Is MBCFX a good broker?

MBCFX allows Forex trading, CFD trading, Social trading, and Share Dealing trading. MBCFX is overseen by the top tier financial regulators Unregulated so can be considered a good broker.

Is MBCFX trustworthy broker?

Despite any potential benefits associated with MBCFX, it is important to exercise caution when considering trading with an unregulated broker. Only trade with regulated brokers who adhere to strict industry standards and regulations. A regulated broker ensures that any funds you deposit are separate from the broker's operating funds in segregated bank accounts. A well-regulated broker cannot directly access your funds, providing added security and peace of mind. Therefore, before choosing a broker like MBCFX, check their regulatory status and ensure that money is held in a segregated account to mitigate any risks associated with unregulated trading.

What is the minimum deposit for MBCFX?

The minimum deposit to trade with MBCFX is 5000.

How long do MBCFX withdrawals take?

Withdrawing money from MBCFX processing time varies depending on the method but averages 1-5 days.

Is MBCFX regulated?

MBCFX is not regulated by a top tier financial regulator.

Is MBCFX a market maker?

MBCFX is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by MBCFX even if no buyer or seller is lined up.

How can I start trading with MBCFX?

When opening a trading account with MBCFX, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on MBCFX trading platforms, you can follow the link provided below: Learn more about signing up with the MBCFX trading platform here. This will provide useful information and insights into the various trading platforms offered by MBCFX, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with MBCFX?

Yes your money is safe with MBCFX.

Overall, strict financial regulation is essential for ensuring that trading platforms like MBCFX operate fairly, transparently, and responsibly, which ultimately benefits all MBCFX stakeholders involved.

Trading platforms like MBCFX must have strict financial regulation for several reasons:

  • Protecting MBCFX Investors: Strict financial regulation ensures that investors who use the MBCFX trading platform are protected against fraudulent or unethical behavior by the MBCFX platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the MBCFX platform.
  • Maintaining MBCFX Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the MBCFX trading platform. Regulatory procedures reduce the likelihood of the MBCFX platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing MBCFX Transparency: Regulations require trading platforms like MBCFX to maintain detailed records and disclose MBCFX client information. Financial regulatory requirements enhances transparency and helps to build trust between the MBCFX platform and its investors.

MBCFX is regulated by the Unregulated. When selecting a broker such as MBCFX, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, MBCFX ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like MBCFX.

Is MBCFX a con?

While we would not say that MBCFX is a con. Because a top tier financial regulator does not regulate them, we would not trade with them.

Can you make money with MBCFX?

Although traders have had great success with MBCFX, trading on the financial markets with MBCFX is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does MBCFX have fees?

MBCFX doesn't charge withdrawal fees. MBCFX does charge a fee for inactive accounts. MBCFX doesn't charge deposit fees.

When was MBCFX founded?

MBCFX was founded in 2008.

How many people use MBCFX?

MBCFX is used by over 1,000,000 registered MBCFX users.

What is MBCFX Headquarters country?

MBCFX has its head quarters office in British Virgin Islands .

Does MBCFX offer negative balance protection?

MBCFX offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does MBCFX offer guaranteed stop loss?

MBCFX does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does MBCFX allow scalping?

MBCFX does not offer scalping.

Does MBCFX allow hedging?

MBCFX offers hedging.

Does MBCFX offer CFD trading?

MBCFX offers CFD trading.

Does MBCFX offer STP?

MBCFX offers STP trading.

How many people use MBCFX?

MBCFX is used by over 1000000 MBCFX users and traders.

Is MBCFX an ECN broker?

MBCFX does not offer ECN trading.

Does MBCFX offer a demo account?

MBCFX offers a demo account.

Does MBCFX offer an Islamic account?

MBCFX does not offer Islamic accounts.

What are the funding methods for MBCFX?

Please note that funding methods and options available with MBCFX can be found in the MBCFX Members area and depend on the MBCFX client’s country of residence. Please check your specific available payment methods on the MBCFX website. MBCFX accept the following funding methods : Debit Cards, Credit Cards, VISA, MasterCard, Bank Transfer.

MBCFX review written by Andrew Blumer and Mark Hansen

We hope you found our review of the MBCFX brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

MBCFX review written by Mark Hansen of Comparebrokers.co