MFP Trading Forex Broker

MFP Trading Review SummaryFounded2019Registered Country/RegionUnited KingdomRegulationNo regulationProducts & ServicesTrade executionEUR/USD Spread 0.03-0.1 pips for the retail market makers; around 1 pip for institutionsCustomer SupportAddress: Unit 8, 74 Back Church Lane, London, E1 1LX, United KingdomTel: +44 203 769 9884Email: sales@mfptrading.comContact formMFP Trading Information MFP Trading claims to be a forex execution specialist focused on delivering premium trading solutions for professional clients. MFP provides customized execution services and value-added offerings, such as market sentiment indices and treasury solutions. MFP claims to adhere to the FX Global Code of Conduct for competitive pricing and robust infrastructure.Pros and ConsPros Cons Tight spreads for retail market makerLack of regulationMultiple contact channelsLack of transparencyIs MFP Trading Legit? Regulation is of great importance to evaluate the legitimacy and reliability of a brokerage firm, but in the case of MFP Trading, the company operates without any valid regulatory oversight, indicating less compliance to industry standards, financial transparency, and the protection of client interestsProducts & Services MFP Trading is a company specializes in forex execution, offering premium services tailored to meet the sophisticated needs of professional clients by partnership with TraderTools. Utilizing advanced technology and broad access to top-tier Prime Brokers, MFP Trading provides customized execution solutions, value-added services like market sentiment indices and treasury services, and robust support for asset management firms.Spread MFP Trading offers different spread levels for different client profiles, with institutional clients get more attractive pricing compared to traditional retail market makers. For instance, while institutional spreads for EUR/USD is around 1 pip and GBP/USD around 2 pips, retail market makers might display tighter spreads of 0.1/03 and 0.5/08, respectively.