MBFX Journal
| Journal status: live MBFX joined in | not yet |
MBFX Profile
Website
Year
2022
Country
Saint Lucia
Branches
1
Regulation
FSRA Saint Lucia
Registration
FSRA Saint Lucia
Investor protection
Fund protection
Saint Lucia Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х Australia, Bonaire, Brazil, Curacao, East Timor, Guinea-Bissau, Indonesia, Jan Mayen, Japan, Liberia, Micronesia, Northern Mariana Island, Saipan, Sint Eustatius, South Sudan, Svalbard, Tahiti, Turkey, US
Broker type
MM, DMA, ECN marketing
Dealing book
B-book, A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...
MBFX Accounts
MM
DMA
Minimum Deposit
10 $
500 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.3 pips
0 pips
Commission
0 $/lotRT
7 $/lotRT
Volume
...
...
Margin Call
30 %
30 %
Stop Out
...
...
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Local Transfer, Perfect money, BPAY, China UnionPay, WeChat, PayPal
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 12 months
| Update broker |
- Full listing profile: MBFX broker profile
Is MBFX safe?
- Investor protection: Saint Lucia Investor Compensation Fund (ICF)
- Regulation: FSRA Saint Lucia
- Registration: FSRA Saint Lucia
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is MBFX trusted?
- Information transparency: sufficient
★★★ - Customer service: ...
- MBFX website: uninformative, updated
★★ - MBFX popularity (by visitor count): least visited
★
How MBFX works
RAW SPREAD PIP
With the lowest possible spreads, Mbfx GLOBAL eliminates the effect of the spread on the trading performance.
https://mbfx.co/trading-accounts
16.11.Execution model MBFX offers OTC trading via an automatic validation Dealing Desk execution model. MBFX will act as a dealer and is the counterparty to any trades that you undertake. In this model, MBFX compensation may not be limited to our standard markup and our interests may be in direct conflict with yours.
...we are members of the Saint Lucia Investor Compensation Fund (ICF) which, in respect of proven and eligible claims provides protection to cover the first €20.000 of any claim per client.
h. Price latency, connectivity delays, and price feed errors sometimes create a situation where the prices displayed do not accurately reflect market rates. The concept of arbitrage and "scalping", or taking advantage of these Internet delays, cannot exist in an OTC market. Any transactions that rely on price latency or price feed errors may be subject to intervention which includes the right to void any transactions which MBFX has determined to be a result of any of these practices without prior notice sent to the client.
https://mbfx.co/documents/Client%20Agreement%20MBFX.pdf
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