MC Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://mcmarkets.com/en-US/login?actionType=register, the company's legitimate regulatory information CyprusCYSECMarket Making(MM), to enhance the security of the company's address Sarlo 9, Agios Athanasios, 4106 Limassol, Cyprus.
MC Markets Forex Broker
Basic information
Cyprus
1-2 years Regulated in Cyprus Market Making(MM) Suspicious Scope of Business Medium potential riskCompany profile
MC Markets Information
MC Marketsis a Seychelles brokerage founded in 2016. Currently, it is a broker regulated by the CYSEC. It says it offers five asset classes, including CFD Trading, Forex, Indices, Commodities, and cryptocurrencies, and it also supports the use of the demo account, Trading app, and MT5 platforms.
Pros and Cons
| Pros | Cons |
| Demo accounts available | Limited info on accounts |
| 24/7 service | |
| 3000+ Insrtuments | |
| Support MT5 |
Is MC Markets Legit?
The Cyprus Securities and Exchange Commission (CYSEC) has authorized and regulated MC Markets, issuing it License number 299/16.
What Can I Trade on MC Markets?
MC Markets offers five asset classes, including CFD Trading, Forex, Indices, Commodities, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFD Trading | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Crypto | ✔ |
| ETF | ❌ |
| Bonds | ❌ |
Account Types
MC Markets offers demo accounts and real accounts for traders.
The broker offers low spreads and does not charge trading commissions.
The leverage offered is up to 1:200.
Spread charges are not charged for opening positions in equity CFDs and are charged at the commission rate. Overnight financing charges are financing charges that are charged daily for any CFD position held.
To open an account, the user will be prompted to fill in personal information on this page, including verification code and password, email, or phone number.
After agreeing to the privacy policy, press the ‘Sign Up’ button to complete the account creation process.
Trading Platform
MC Markets offers the MT5 trading platform, which can be downloaded from Windows, MacOS, Android and iOS devices.
MC Markets also offers a trading app named ‘mc markets’that can be downloaded from Google Play, iOS, and Andriod devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, Desktop, Mobile. | Traders |
| Trading APP | ✔ | Google Play, iOS, Andriod | Traders |
| MT4 | ❌ | / |
Deposit and Withdrawal
MC Markets allows deposits via USDT, ETH, and USDC, with minimum deposit of 0.1 in the chosen currency.
For withdrawals, you can use USDT ERC, with minimum withdrawal amount of 100 USDT. Withdrawals exceeding 5,000 USDT may require additional processing time, typically within 3 hours on regular business days.
On the payment page, all available payment channels will be displayed, such as UnionPay remittance, third-party payments, etc.