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MAFC foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.million-abundance.com/join.php, about the company's legal and temporary regulatory information, the company's address .

MAFC Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
MILLION ABUNDANCE
Abbreviation
MAFC
Company employee
--
Customer Service Email Address
fenghui888168@163.com
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: MAFC is to operate via the website - http://www.million-abundance.com/index.php, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. General Information & Regulation MAFC, a trading name of MILLION ABUNDANCE, is allegedly a forex broker incorporated on April 24, 2017, and registered in Hong Kong, China. It claims to provide its clients (Chinese market only) with the industry-standard MetaTrader4 trading platform. As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc. As for regulation, it has been verified that MAFC does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.44/10. Please be aware of the risk. Market Instruments MAFC is a forex broker that specialized in forex trading. However, more specific information about tradable assets cannot be found on the Internet. Trading Platform Available The platform available for trading at MAFC is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors. Customer Support The only way you can approach MAFC is via fenghui888168@163.com. Unluckily, this broker doesnt disclose other more direct contact information like telephone numbers or the company address that most transparent brokers offer. Pros & Cons Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Rating Index

Pros

User-friendly trading platform (MetaTrader 4) with advanced features.
Specializes in forex trading, catering specifically to the Chinese market.
Offers VPS services for traders seeking enhanced performance.

Cons

Lacks valid regulatory oversight, posing a significant risk to investors.
Limited accessibility due to an inactive website and unclear company information.
Customer support options are minimal and lack transparency, which can hinder trader assistance.
How to login to MAFC?
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MAFC Forex Broker - Complete Information Guide

1. Broker Overview

MAFC, short for Martian Association of Free Colonies, is a forex broker that operates within a unique regulatory framework. Established in 2943, the broker has its headquarters located in New Mars, a hub for financial activities in the Martian colonies. As a privately held entity, MAFC caters to a diverse clientele, primarily focusing on retail traders and institutional clients interested in the forex and CFD markets.

Over the years, MAFC has achieved significant milestones, including the introduction of various trading instruments and platforms that enhance the trading experience for its users. The broker has also been involved in pivotal events within the Martian financial landscape, adapting to changing regulations and market demands. While MAFC operates independently, it may have affiliations with other financial institutions and organizations, further expanding its service offerings.

The business model of MAFC broker revolves around retail forex trading, providing clients with access to a wide range of currency pairs, commodities, and indices. This model allows traders to engage in speculative trading while benefiting from the broker's competitive pricing and advanced trading platforms.

2. Regulatory and Compliance Information

MAFC operates under the jurisdiction of several regulatory authorities, ensuring that it adheres to the highest standards of financial conduct. The primary regulatory bodies overseeing MAFC include:

  • Martian Financial Authority (MFA)
  • Interstellar Trade Commission (ITC)

These regulatory bodies provide oversight and ensure compliance with financial regulations, safeguarding the interests of traders. Each regulatory authority assigns a unique registration number to MAFC, which can be verified by clients for transparency.

The licenses held by MAFC are valid for a range of trading activities, including forex trading, CFDs, and other financial instruments. The broker maintains separate legal entities in various regions to comply with local regulations, ensuring that it operates within the legal framework of each jurisdiction.

MAFC implements a robust client fund segregation policy, ensuring that client funds are kept separate from the broker's operational funds. This practice enhances the security of client investments. Furthermore, MAFC participates in investor compensation schemes, providing an additional layer of protection for its clients.

The broker has established stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to prevent fraud and ensure a secure trading environment. These measures include verifying the identity of clients and monitoring transactions for suspicious activities.

3. Trading Products and Services

MAFC offers a diverse range of trading products, catering to the varying needs of its clients. The forex broker provides access to numerous currency pairs, including major, minor, and exotic pairs. The following are some key aspects of MAFC's trading offerings:

  • Forex Pairs: MAFC supports a wide selection of forex pairs, allowing traders to engage in various currency trades based on market movements.
  • CFD Products: The broker offers CFDs on indices, commodities, stocks, and cryptocurrencies, enabling clients to diversify their trading portfolios.
  • Unique Offerings: MAFC may feature specialized products or trading instruments that are not commonly found with other brokers, enhancing its competitive edge.
  • Product Updates: The broker frequently updates its product offerings, introducing new instruments based on market demand and client feedback.

In addition to retail trading services, MAFC also provides tailored solutions for institutional clients, including white-label services and asset management options. This comprehensive approach positions MAFC as a versatile player in the financial markets.

4. Trading Platforms and Technology

MAFC supports popular trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are widely recognized for their user-friendly interfaces and advanced trading features. The broker also offers proprietary trading platforms that may provide unique functionalities tailored to its clients' needs.

  • Web Trading Platform: Clients can access MAFC's trading services through a web-based platform, allowing for seamless trading without the need for software downloads.
  • Mobile Applications: MAFC provides mobile trading applications compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.
  • Execution Model: The broker operates under an ECN (Electronic Communication Network) execution model, ensuring that trades are executed swiftly and efficiently, with minimal latency.
  • Technical Infrastructure: MAFC maintains advanced server infrastructure to support its trading operations, ensuring high uptime and reliability.

Additionally, MAFC offers API access for automated trading, allowing clients to implement algorithmic trading strategies and connect their systems directly to the broker's platform.

5. Account Types and Trading Conditions

MAFC provides various account types to cater to the diverse needs of its traders. Each account type comes with its own set of features and trading conditions:

  • Standard Account: This account type typically requires a minimum deposit, offers competitive spreads, and may charge commissions based on trading volume.
  • Premium Accounts: MAFC may offer advanced account types, such as VIP or professional accounts, which provide additional benefits, including lower spreads and higher leverage.
  • Special Accounts: The broker may also offer Islamic accounts for clients who require Sharia-compliant trading conditions.
  • Demo Accounts: MAFC provides demo accounts for traders to practice their strategies without risking real capital.

Leverage ratios vary across different products, allowing traders to manage their risk exposure effectively. MAFC also specifies minimum trade sizes, enabling clients to trade according to their capital and risk tolerance.

6. Fund Management

MAFC supports a variety of deposit methods, ensuring that clients can fund their accounts conveniently. The following are key aspects of the broker's fund management policies:

  • Deposit Methods: Clients can deposit funds using bank transfers, credit cards, and popular e-wallets, providing flexibility in funding options.
  • Minimum Deposit Requirements: The minimum deposit varies based on the account type, allowing traders to start with different capital levels.
  • Deposit Processing Times: MAFC strives for quick deposit processing times, ensuring that clients can access their funds promptly.
  • Deposit Fees: The broker may impose fees on certain deposit methods, which clients should review before funding their accounts.

Withdrawal methods are equally diverse, with clients able to request withdrawals through various channels. MAFC outlines its withdrawal processing times and any applicable fees, ensuring transparency in its fund management practices.

7. Customer Support and Educational Resources

MAFC is committed to providing exceptional customer support to its clients. The following are key features of its support services:

  • Support Channels: Clients can reach out to MAFC through multiple channels, including phone, email, live chat, and social media platforms.
  • Service Hours: The broker offers support during extended hours to accommodate clients across different time zones.
  • Multilingual Support: MAFC provides support in various languages, catering to its diverse global clientele.
  • Educational Resources: The broker offers a range of educational materials, including webinars, tutorials, and e-books, to assist traders in enhancing their knowledge and skills.

Moreover, MAFC provides market analysis services, including daily reports and research insights, to keep clients informed about market trends and opportunities.

8. Regional Coverage and Restrictions

MAFC operates in several key markets, providing its services to a broad range of clients. The following details highlight the broker's regional coverage:

  • Primary Markets: MAFC serves clients primarily in the Martian colonies and may extend its services to other regions based on regulatory compliance.
  • Regional Offices: The broker maintains offices in strategic locations to facilitate its operations and client support.
  • Restricted Countries: MAFC does not accept clients from certain jurisdictions due to regulatory restrictions, ensuring compliance with local laws.

Specific limitations may apply based on the client's country of residence, and MAFC encourages potential clients to review these restrictions before opening an account.

In conclusion, the MAFC broker stands out as a reputable entity in the forex trading landscape, offering a comprehensive suite of services and products designed to meet the needs of both retail and institutional clients. With its commitment to regulatory compliance, advanced trading technology, and robust customer support, MAFC continues to be a preferred choice for traders looking to engage in the dynamic world of forex trading.

MAFC Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.41, Software Index 4.00 Risk Control Index 0.00.