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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

MC Trading

Montenegro Montenegro | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://mctrading.pro/

Website

Rating Index

Contact

+382 20 611 075
https://mctrading.pro/
8 Jepson Lane, St.Great George, Roseau, Dominica Marka Radovica bb, ul.A3 st64. , Podgorica, Montenegro
The WikiFX Score of this broker is reduced because of too many complaints!

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Montenegro
Operating Period
2-5 years
Company Name
MC Trading
Customer Service Email Address
support@mctrading.pro
Contact Number
+38220611075
Company Website
Company Summary
Wiki Q&A
Comment

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Company Profile

Company Profile

Review summary

MC Trading is a broker registered in Montenegro, offering over 500 kinds of investment instruments, including commodities, indices, cryptocurrencies and stocks. It supports trading on the globally renowned MT5 platform. However, it should be noted that it does not provide services for residents of the United States, Canada and Türkiye. Moreover, MC Trading is not regulated by any legal institutions.

MC Trading's homepage
Regional restrictions

Pros and Cons

ProsCons
Multiple Trading ChoicesLack of Regulation
Multiple Account TypesNo Info on Fees
Demo AccountsLimited Info on Trading
MT5 Trading PlatformHigh Minimum Deposit
Geographic Restrictions

Is MC Trading Legit?

MC Trading dose not pose a legal regulatory license.

It claims to be governed by the Commonwealth of Dominica under license number 2023/C0125, but the authenticity of this claim remains uncertain.

No license

What Can I Trade on MC Trading?

There are more than 500 types of trading instruments provided in MC Trading, which can be categorized into four main groups: commodities, indices, cryptocurrencies, and stocks.

Tradable InstrumentsSupported
Forex
Commodities
Indices
Cryptocurrencies
Stock
Mutual Funds
Bonds
What Can I Trade on MC Trading?

Account Type

MC Trading offers three types of live trading accounts: Gold account with a minimum deposit of $500, Platnium account with a minimum deposit of $1,000, and VIP account with a minimum deposit of $5,000.

In addition, it provides demo accounts with a virtual balance of $10,000.

However, information concering leverage, spreads and commission is not available on its website.

Account Type
Account Type

Trading Platform

MC Trading only supports trading through MT5, a globally leading trading platform. However, it is uncertain whether MC Trading has got legal permission or license from MT5.

Trading PlatformSupportedAvailable Devices
MT4/
MT5Desktop, PDA, iPhone, iPad and Android
MT5

Deposit and Withdrawal

Based on the FAQ at MC Trading's official website, it says that the methods for withdrawing are numerous and you can instantly request a withdrawal.

As for deposits, you can make them via Bank Transfer (EFT), SWIFT, Crypto Transfer, or Credit Card.

Deposit and Withdrawal FAQ

Customer Service

MC Trading allows contact through online chat, phone, email and physical address.

Contact OptionsDetails
Online Chat5/24
Emailsupport@mctrading.pro
Phone+382 20 611 075
Physical Address8 Jepson Lane, St.Great George, Roseau, Dominica Marka Radovica bb, ul.A3 st64., Podgorica, Montenegro
Supported LanguageEnglish
Website LanguageEnglish

The Bottom Line

MC Trading offers over 500 types of trading instruments and you can choose from three types of accounts suitable for trading on MT5. However, it is important to note that this broker is not subject to any legal regulation, so you are advised to stay away from such brokers.

FAQs

Is it safe to trade with MC Trading?

No, trading with MC Trading is unsafe given the lack of legal regulation.

Are there any regional restrictions on MC Trading's services?

Yes, MC Trading does not provide services for residents of the United States, Canada and Türkiye.

What trading platform is available at MC Trading?

MC Trading supports trading on MT5 trading platform.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

How safe is trading with MC Trading?

MC Trading is classified as a high-risk, unregulated entity for traders. Registered in Montenegro, the broker holds no verified licenses from any recognized financial authorities, and client funds are not protected by standard compensation schemes. This operational profile is reflected in its exceptionally low WikiFX score of 1.33.

Two days ago
United States

Which regulator oversees MC Trading?

MC Trading operates without oversight from a recognized financial regulator. It does not hold a valid license from any mainstream regulatory body such as the FCA, ASIC, or CySEC. The absence of formal regulatory supervision is a core characteristic of its business model.

Two days ago
United States

Is MC Trading suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose MC Trading or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

Two days ago
United States

What essential information should I know before trading with MC Trading?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

Two days ago
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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