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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

MC

Hong Kong Hong Kong | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.mcfinancial.com.hk/

Website

Rating Index

Contact

+852 31534396
https://www.mcfinancial.com.hk/

license Forex License

risk

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

Keywords 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Hong Kong
Operating Period
5-10 years
Company Name
美源金融服务有限公司
Abbreviation
MC
Company employee
--
Customer Service Email Address
muson@mcfinancial.com.hk
Contact Number
+85231534396
Website
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • mcfinancial.com.hk
    167.99.72.219
    Server Location
    Singapore Singapore
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Profile

Company Profile

Review summary

MC Review Summary
Registered Country/RegionHong Kong
RegulationRegulated by the Securities and Futures Commission of Hong Kong
Market InstrumentsForex, CFDs, Stock Indices, Commodities, Cryptocurrencies
Demo AccountNot Mentioned
LeverageUp to 10:1
SpreadBetween 0.2 and 0.5 pips on currency pairs
Trading PlatformWeb-based platform and mobile app
Min DepositHKD 100

MC Information

MC Financial Services Limited is a financial institution based in Hong Kong, regulated by the Securities and Futures Commission of Hong Kong for dealing in futures contracts since April 20, 2018. The company offers many market instruments, including equities, futures contracts, foreign exchange (forex), bonds, and commodities. It offers accounts with a leverage of 10:01 and a spread between 0.2 and 0.5 pips on currency pairs.

Pros and Cons

ProsCons
  • Regulated by the Securities and Futures Commission of Hong Kong
  • The main website is currently down
  • Spreads start from 0.2 pips
  • Monthly fee for Premier Account
  • Offers a web-based and mobile trading platform

Is MC Legit?

MC has a license type of Dealing in futures contracts regulated by The Securities and Futures Commission (SFC) in Hong Kong with a license number of BLC140.

Is MC Legit?

What Can I Trade on MC?

MC offers many tradable assets including forex, indices, commodities, and cryptocurrencies.

Tradable InstrumentsSupported
Forex
Commodities
Stock
Indices
Cryptocurrency
Shares
Metals

Account Type

MC Financial Services Limited offers two types of account options: the Basic Account and the Premier Account. The Basic Account does not require a monthly fee. The Premier Account imposes a monthly fee of HKD 100. However, specific details regarding additional benefits or features tied to each account type are not available.

MC Fees

The spreads are typically between 0.2 and 0.5 pips. MC Financial Services also charges commissions on trades, which are a fixed fee per trade. The commissions are typically between HKD 5 and HKD 10 per trade.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Web-based platform and mobile appPC and MobileInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

MC Financial Services allows customers to deposit and withdraw funds through a variety of channels, including online banking, mobile banking, ATMs, and bank branches. The minimum deposit amount is HKD 100 and the maximum withdrawal amount per day is HKD 10,000.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Can MC be trusted by traders?

MC Financial Services Limited (美源金融服务有限公司) is registered in Hong Kong and has operated for 5-10 years. Its current regulatory profile is a primary concern: it holds a Derivatives Trading License (AGN) from the Securities and Futures Commission of Hong Kong (SFC), but this license is currently marked as 'Unverified'. This unverified status, coupled with a flagged business scope, means the entity operates without credible mainstream regulatory oversight. Its overall WikiFX score of 1.59 reflects a high-risk operational profile. Therefore, the broker cannot be classified as a trusted or conventionally regulated entity for forex trading.

Two days ago
United States

What is the license number of MC?

The broker holds the SFC license number BLC140 for its Derivatives Trading License (AGN). It is critical to note that this specific license is currently flagged with an 'Unverified' status by WikiFX. No other verified licenses for mainstream forex trading are held by the entity, indicating a lack of confirmed regulatory oversight for its primary business activities.

Two days ago
United States

What is the full company name of MC?

The broker operates under the full registered name 'MC Financial Services Limited', which translates to 美源金融服务有限公司 in Chinese. The company is registered in Hong Kong and presents itself as a financial services provider, though its unverified regulatory status and suspicious business scope classify it as a highly suspicious entity.

Two days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Two days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Two days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Two days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Two days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Two days ago
United States
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