MFT Energy foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://mft-energy.com, about the company's legal and temporary regulatory information, the company's address Margrethepladsen 4, 2-3 floor Aarhus 8000 Denmark.
Mft Energy, established in 2016, is an independent trading company based in Aarhus, Denmark. The company operates as a private entity and has developed a strong presence in the trading of energy commodities, particularly in the power and gas sectors. Mft Energy primarily serves clients across various global markets, focusing on short-term power trading in Europe while also expanding into other regions.
The firm has grown rapidly since its inception, with a workforce of approximately 180 professionals operating across 39 markets. Mft Energy's business model emphasizes partnerships with skilled traders, allowing them to leverage niche trading ideas and robust business plans. This unique approach fosters a sense of ownership among employees, which is central to the company's operational philosophy.
Mft Energy operates as a trading hub specializing in power, gas, and environmental commodities. The company aims to empower entrepreneurs within the trading space, promoting values such as grit, hunger, and unity. As a broker, Mft Energy also offers various trading services, including access to foreign exchange (Forex) and contracts for difference (CFDs).
Mft Energy currently operates without regulatory oversight, which raises concerns for potential clients. There is no valid regulatory information available, and the broker does not hold licenses from any recognized financial authorities. This lack of regulation presents a high potential risk for traders considering engaging with Mft Energy.
The absence of regulatory supervision means that Mft Energy does not have a formal client fund segregation policy or investor compensation fund participation. As such, clients should be aware that their funds may not be protected in the event of the broker's insolvency.
Furthermore, Mft Energy does not appear to have a robust framework for Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance, which are critical for ensuring the integrity of financial transactions and protecting against fraudulent activities. Clients should exercise caution and conduct thorough research before opening accounts with unregulated brokers like Mft Energy.
Mft Energy offers a diverse range of trading products to its clients. The broker provides access to multiple currency pairs in the Forex market, allowing traders to engage in various trading strategies. However, the specific number of Forex pairs available was not detailed in the sources.
In addition to Forex, Mft Energy offers Contracts for Difference (CFDs) on various asset classes, including:
The company is also known for its focus on energy trading, particularly in power and gas markets. Mft Energy continuously updates its product offerings, adapting to market trends and client demands.
The broker caters to both retail traders and institutional clients, providing tailored services to meet the unique needs of each group. However, there is no mention of white-label solutions or asset management services in the available information.
Mft Energy does not support the widely-used MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which may limit its appeal to traders familiar with these popular trading environments. The broker's proprietary trading platform details were not explicitly provided in the sources, indicating a potential gap in transparency regarding the technology used.
The broker offers a web-based trading platform, which allows clients to trade directly from their browsers. Additionally, Mft Energy may provide mobile applications for both iOS and Android devices, enabling traders to manage their accounts on the go.
Regarding execution modes, Mft Energy's operational framework was not specified, leaving questions about whether it employs ECN, STP, or Market Making execution models. The technical infrastructure, including server locations and capabilities for automated trading through APIs, remains unclear, which may hinder the trading experience for algorithmic traders.
Mft Energy offers various account types to accommodate different trader profiles. However, specific details regarding the minimum deposit, spreads, and commissions for standard accounts were not provided in the available information.
For advanced traders, Mft Energy may offer specialized accounts, such as VIP or professional accounts, although specific conditions for these accounts were not detailed. The availability of Islamic accounts or corporate accounts was also not mentioned.
The broker does provide a demo account, allowing potential clients to practice trading without financial risk. Leverage options vary by product, but exact ratios were not specified in the sources. The minimum trading lot sizes and overnight fees are also unclear, which could impact traders' decision-making processes.
Mft Energy supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. However, the specific minimum deposit requirements for different account types were not disclosed.
The processing times for deposits were not detailed, and there is no information regarding any associated deposit fees. Withdrawal methods and limitations remain unspecified, which may raise concerns for potential clients about the ease of accessing their funds.
Withdrawal processing times were also not clarified, and the sources did not provide any details about the fee structure for withdrawals. This lack of transparency regarding fund management could deter potential clients from engaging with Mft Energy.
Mft Energy offers customer support through various channels, including telephone, email, online chat, and social media. The primary contact number is +45 4445 4600, and the email address for inquiries is info@mft-energy.com. However, the operational hours and time zone coverage for customer support were not specified.
The broker appears to support multiple languages, although the specific languages available were not detailed. Mft Energy provides educational resources, including webinars, tutorials, and e-books, to assist traders in enhancing their skills and knowledge.
Market analysis services, such as daily analyses, news updates, and research reports, are also available to clients. Additionally, trading tools like calculators, calendars, and signal services may be offered, although specific details were not provided.
Mft Energy primarily serves clients in Europe and has established offices in Turkey, Australia, the United States, and Singapore. However, the specific distribution of regional offices was not detailed.
The broker does not accept clients from certain countries, although the exact list of restricted regions was not provided in the sources. Special restrictions on trading activities or account types may also exist, but detailed information on this aspect was not available.
In conclusion, while Mft Energy broker offers a range of trading products and services, potential clients should carefully consider the lack of regulation and transparency in key areas before engaging with the broker. Conducting thorough research and seeking alternative options may be prudent for traders looking for a secure and reliable trading environment.
76124
New Zealand
MFT Energy is very useful and helpful. It is a powerful platform for the energy market such as power and gas. I have been using their platform for 2 months now and everything works perfectly.
Positive
2023-03-02