MC900

Tomas

1-2 года

Is it possible to deposit funds into my MC900 account with cryptocurrencies such as Bitcoin or USDT?

WikiFX Ответить

Based on my review of MC900, I exercise a high degree of caution. What immediately stands out to me is the broker’s highly questionable regulatory status. With unverified claims of regulation in both Cyprus (CYSEC) and the UK (FCA), plus a “Suspicious Regulatory License” warning and a risk management index of zero, the potential for trust and oversight issues is significant. The total lack of regulatory credibility compels me to be very conservative with any aspect of account funding. My priority as a responsible trader is always the security and traceability of my funds. I could not find clear, reliable information about supported deposit methods, including whether Bitcoin or USDT are accepted. When a broker lacks verified regulation and transparency, I never recommend using irreversible methods like cryptocurrencies for deposits. These transactions cannot be undone if anything goes wrong, and, without credible oversight, there’s very little recourse available to clients. For me, using crypto to fund an account with such a broker simply presents too much risk, regardless of whether it might technically be possible. Ultimately, until MC900 can provide proof of strict, reputable regulation and clear, official details about its deposit procedures, including cryptocurrencies, I would not feel comfortable funding an account—especially not with irreversible crypto assets. My experience teaches me to avoid brokers with ambiguous or suspicious backgrounds, prioritizing the protection of my capital above convenience.

Broker Issues

MC900

Deposit

Withdrawal

09-08

Соединенные Штаты Америки

Hhduy

1-2 года

In what ways does MC900’s regulatory status help safeguard my funds?

WikiFX Ответить

In my own analysis as someone who prioritizes regulation and fund safety, I have serious reservations about MC900’s ability to safeguard client funds. The broker is listed as having an “unverified” regulatory status both with CYSEC in Cyprus and the FCA in the United Kingdom—major regulatory bodies that are known for their protective frameworks. However, in this case, neither license is confirmed, meaning that for me, there’s no regulatory assurance governing client fund segregation, negative balance protection, or dispute resolution mechanisms. The platform is flagged as having a “suspicious regulatory license” and is associated with “high potential risk,” according to its basic profile. In my experience, trading with brokers lacking solid, independently verified regulation exposes clients to significant risks. Regulators play a critical role in overseeing broker operations to ensure they’re acting in clients’ best interests. Without that, I can’t rely on any formal processes to guarantee transparency or recourse if issues arise with withdrawals or account handling. Personally, I would not treat MC900’s current regulatory status as providing any meaningful safeguard for my funds, and I approach such situations with pronounced caution. For me, genuine regulation is non-negotiable, as it’s the mechanism that helps enforce accountability and client protection in Forex trading.

Broker Issues

MC900

Regulation

09-05

Соединенные Штаты Америки

Shoofar

1-2 года

Could you break down what the total trading costs are for indices such as the US100 on MC900?

WikiFX Ответить

Based on my experience as a trader, I place a strong emphasis on regulatory transparency and overall broker reliability before even considering specific trading costs. With MC900, several red flags immediately stand out to me. The broker is listed with an "Unverified" regulatory status—with suspicious license claims for both CYSEC (Cyprus) and FCA (UK)—yet no clear regulatory oversight is actually confirmed. To me, a score of 0.00 on the Regulatory Index reinforces the perception that oversight is lacking. This alone makes it challenging to accurately or confidently evaluate any costs, including those for index products like the US100. From my own process, I would look for detailed, independently verifiable information directly from the broker, particularly regarding spreads, commissions, swaps, and any extra fees. However, none of this appears to be openly disclosed, and the lack of transparent, up-to-date trading cost data poses a major risk for my capital. The general warning from the platform to "stay away" due to a low score is not something I take lightly. Even if MC900 suggests competitive index trading, the absence of trustworthy regulatory status means there’s no credible mechanism protecting clients from hidden fees or trade manipulation. In summary, given the high potential risk and limited transparency, I would not feel comfortable assessing or trusting the total trading costs for indices such as the US100 on MC900. For my trades, I prioritize brokers who clearly display all cost components and have verifiable regulation.

Broker Issues

MC900

Fees and Spreads

09-02

Соединенные Штаты Америки

Allan777

1-2 года

What’s the lowest amount I’m allowed to withdraw from my MC900 account in a single transaction?

WikiFX Ответить

As an experienced trader, I approach any broker with a strong focus on regulatory clarity and withdrawal policies, since these factors directly affect the safety and accessibility of my funds. After reviewing the available information on MC900, I found significant gaps that warrant caution. MC900 operates with an unverified regulatory status, both in Cyprus and the UK, and it carries a clearly marked high-risk warning. Importantly, there is no mention of a minimum withdrawal amount or any specific withdrawal policies disclosed in the broker's public materials. In my experience, reputable brokers make such terms readily accessible, as clear withdrawal limits help traders manage expectations and liquidity planning. Given the absence of concrete details about withdrawal limits and the broker’s suspicious regulatory background, I cannot confidently specify the lowest amount you can withdraw from an MC900 account. For me, this lack of transparency is concerning, as it can lead to unforeseen complications or restrictions when trying to access funds. Personally, I would never proceed with substantial deposits or trading before receiving explicit, written confirmation from the broker about their withdrawal procedures and minimum transaction sizes. This cautious approach helps mitigate the real risks associated with working with unverified brokers.

Broker Issues

MC900

Withdrawal

Deposit

08-27

Соединенные Штаты Америки