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MC Prime Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.mc-prime.com/login/?0=e&1=n, the company's legitimate regulatory information Hong KongSFCDealing in futures contracts & Leveraged foreign exchange trading,CyprusCYSECMarket Maker (MM), to enhance the security of the company's address 10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, Mauritius.

MC Prime Forex Broker

Basic information

Registered region
Mauritius
Operating period
--
Company Name
Magic Compass Prime Ltd
Abbreviation
MC Prime
Company employee
--
Customer Service Email Address
service@mc-prime.com
Company address
10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, Mauritius
Keywords
1-2 years
Regulated in Hong Kong
Regulated in Cyprus
Dealing in futures contracts & Leveraged foreign exchange trading
Market Maker (MM)
Suspicious Scope of Business
Medium potential risk

Company profile

MC PrimeReview SummaryFounded2024-05-17Registered Country/RegionMauritiusRegulationUnregulatedMarket InstrumentsCommodities/Currencies/Forex/IndicesDemo Account❌LeverageUp to 1:1000SpreadFrom 0.2Trading PlatformMT4/MT5/MC Prime web trading(PC/Windows/Linux/Mac/IOS/Android)Min Deposit50 USDCustomer SupportEmail: service@mc-prime.com24/7 online multi-language customer supportInstagram/Telegram/Facebook/TwitterSocial mediaMC Prime Information MC Prime is a newly founded forex broker that is registered in Mauritius. The tradable instruments with a maximum leverage of 1:1000 include commodities, currencies, forex, and indices. The broker also provides Standard, Basic, Raw, and US Cent accounts with different opening conditions. The minimum spread is from 0.2 and the minimum deposit is 50 USD. Despite its regulated status, MC Prime is still risky due to its high leverage.Pros and ConsPros Cons 24/7 customer supportSwap chargedMT4/MT5 availableHigh max leverageCommission freeSpread from 0.2RegulatedDemo account availableIs MC Prime Legit? MC Prime is regulated by the Securities and Futures Commission of Hong Kong with license number AXT242 as well as Cyprus Securities and Exchange Commission with license number 299/16. Besides, the broker claims to be regulated by CySEC, FSC, FSA, MSB, and FCIS.What Can I Trade on MC Prime? MC Prime offers a wide range of market instruments, including commodities, currencies, forex, and indices.Tradable Instruments Supported Commodities✔Indices✔Currencies✔Forex✔Stocks❌Precious Metals❌Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type MC Prime has four account types: Standard, Basic, Raw, and US Cent. Traders who want low leverage can choose raw and US-cent accounts, while those with a sufficient budget can open a raw account. Demo accounts are primarily for practice purposes and cannot guarantee the same trading outcomes as real accounts.Account Type StandardBasicRawUS CentMinimum Deposit50 USD50 USD$2000 (Limited Time)50 USDSpreadFrom 0.2From 0.2From 0.2From 0.2Maximum leverage1:1000Floating1:2001:200Commission$0$0$3.5$0MC Prime Fees The spread is from 0.2, the commission is from 0. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.Trading Platform The minimum deposit is $50. MC Prime cooperates with the authoritative MT4 and MT5 trading platforms and propriety MC Prime web trading platform available in Windows, Linux, Mac, IOS, Android, and PC to trade. Junior traders prefer MT4 over MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.Trading PlatformSupported Available Devices MT5✔PC/Mac/iOS/AndroidMT4✔Windows/Linux/Mac/IOS/AndroidMC Prime web trading✔Windows/Linux/Mac/IOS/AndroidDeposit and Withdrawal The minimum deposit is 50 USD. MC Prime accepts Sticpay, Transfer, Neteller, and Skrill for deposit and withdrawal. Withdrawals via Fireblocks are processed and credited within 1 business day. For withdrawal amounts less than 50U, a fee of 3U is charged.Bonus Get a 100% first deposit bonus, up to $500.

Rating Index

US Cent

Minimum Deposit
50 USD

RAW

Minimum Deposit
--

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MC Prime Forex Broker has an overall rating of 7.21, Regulatory Index 7.55, License Index 7.55, Business Index 4.59, Software Index 6.80 Risk Control Index 8.90.