Makor Group Forex Broker

Makor Group Forex Broker - Comprehensive Information Guide

1. Broker Overview

Makor Group, established in 2011, is an international brokerage firm that has rapidly expanded its services across various financial markets. The firm is headquartered in London, United Kingdom, with additional offices in cities such as New York, Chicago, Paris, Geneva, Gibraltar, Tel Aviv, and Singapore. Makor Group operates as a private company and primarily serves institutional investors by providing bespoke execution and advisory services.

Since its inception, Makor Group has focused on offering innovative trading ideas and execution strategies, specializing in areas such as risk arbitrage, special situations, and event-driven opportunities. The company has built a strong reputation in the financial services sector, frequently ranking among the top firms in Thomson Reuters Extel surveys for its research in risk arbitrage.

Makor Group operates under a unique business model that emphasizes agency-only brokerage services, meaning it does not take proprietary positions. This structure allows the firm to act exclusively in the interests of its clients, thereby mitigating potential conflicts of interest common in the industry. As a result, Makor Group broker has established itself as a trusted partner for institutional clients seeking liquidity across more than 90 execution venues.

2. Regulatory and Compliance Information

Makor Group is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, holding the license number 625054. The firms regulatory framework is designed to ensure compliance with stringent financial standards, thereby safeguarding client interests and promoting transparency in operations.

The FCA license covers a range of activities, including providing financial securities research and execution services. However, it is important to note that Makor Group's current operations exceed the scope of the FCA's investment advisory license, which may pose medium potential risks for clients.

Makor Group adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to prevent financial crimes and ensure compliance with applicable regulations. Client funds are segregated, providing an additional layer of security. However, it is crucial for potential clients to be aware that the firm does not participate in any investor compensation schemes, which could affect the recovery of funds in the event of insolvency.

3. Trading Products and Services

Makor Group offers a diverse range of trading products, primarily focusing on forex, contracts for difference (CFDs), commodities, and indices. The broker provides access to a variety of currency pairs, including major, minor, and exotic currencies, catering to the diverse trading needs of its clients.

The range of CFDs available includes indices, commodities, and select stocks, allowing clients to engage in a variety of trading strategies. While the firm does not explicitly list unique or proprietary products, its commitment to innovation ensures that it remains competitive in the marketplace.

Makor Group also focuses on providing services tailored to institutional clients, including white-label solutions and asset management services. This approach enables the firm to cater to the specific requirements of its clients, enhancing their trading experience and operational efficiency.

4. Trading Platform and Technology

Makor Group does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which are commonly used by many retail forex traders. Instead, the firm utilizes proprietary trading technology to facilitate its operations.

Clients can access a web-based trading platform that offers a user-friendly interface and a range of trading tools. Additionally, the firm provides mobile application support for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

Makor Group operates under an ECN (Electronic Communication Network) execution model, ensuring that trades are executed with minimal latency. The firms servers are strategically located to optimize trade execution speed and reliability. Furthermore, API access is available, allowing clients to integrate automated trading solutions seamlessly.

5. Account Types and Trading Conditions

Makor Group offers several account types to cater to different trading needs. The standard account requires a minimum deposit and features competitive spreads, although specific details on spreads and commissions are not readily available.

Advanced account types, such as VIP and professional accounts, are available for high-volume traders and institutional clients, offering enhanced features and conditions. The firm also provides Islamic accounts, ensuring compliance with Sharia law for clients who require them.

A demo account is available for new traders to practice their strategies without financial risk. The leverage offered varies by product, typically ranging from 1:100 to 1:500, depending on regulatory requirements and account type. The minimum trade size is generally set at 0.01 lots, allowing traders to manage their risk effectively.

6. Funds Management

Makor Group supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit amount varies by account type, with specific details not disclosed publicly.

Deposits are typically processed within a few business days, while the firm does not charge fees for deposits. However, potential clients should be aware of any fees that may be charged by their banks or payment processors.

Withdrawals can be made through similar methods, with processing times generally ranging from one to five business days, depending on the method chosen. There may be withdrawal fees associated with certain payment methods, and clients are encouraged to review the terms and conditions carefully.

7. Customer Support and Educational Resources

Makor Group provides customer support through various channels, including telephone, email, and online chat. The support team is available during business hours, covering multiple time zones to assist clients globally.

The firm offers support in several languages, ensuring effective communication with its diverse clientele. Educational resources include webinars, tutorials, and market analysis services, providing clients with the knowledge and tools needed to enhance their trading skills.

Additionally, Makor Group provides daily market analysis, news updates, and research reports to keep clients informed about market trends and opportunities. Trading tools, such as calculators and economic calendars, are also available to assist traders in their decision-making processes.

8. Regional Coverage and Restrictions

Makor Group primarily serves clients in Europe, North America, and Asia-Pacific regions. The firm has established a strong presence in these markets, supported by its network of offices and partnerships.

However, it is important to note that Makor Group does not accept clients from certain countries due to regulatory restrictions. Specific countries or regions that are restricted from opening accounts with the firm are not publicly listed, and potential clients should inquire directly with the firm for detailed information.

In summary, Makor Group broker is a well-established firm that provides a range of trading services and products to institutional clients. While the firm has a solid regulatory framework and offers innovative solutions, potential clients should carefully consider the associated risks and conduct thorough due diligence before engaging with the broker.