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/10

Mabicon

South Africa South Africa | 2-5 years |
ECN Account Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://mabiconfx.com/

Website

Rating Index

Contact

+27 760854566
https://mabiconfx.com/
23-03 Embassy building 188 Anton Lembede St, Durban Central, Durban, 4001 South Africa

license Forex License

risk

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
South Africa
Operating Period
2-5 years
Company Name
Mabicon (PTY) Ltd
Email
info@mabiconfx.com
Contact Number
+27760854566
Company Website
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • mabiconfx.com
    68.65.122.113
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

MabiconReview Summary
Founded2022
Registered Country/RegionSouth Africa
RegulationRegulated
Market InstrumentsCurrenciesPrecious metals & CommoditiesCFDs IndicesCryptocurrencies
Demo Account
LeverageUp to 1:5000
SpreadFrom 0
Trading PlatformMT5
Min Deposit$100
Customer SupportPhone: +27760854566
Email: info@mabiconfx.com
Online Chat: 24/7
Social Media: Facebook, Linkedin
Physical Address: Alice Lane, Phase 3, 4th Floor, Alice Lane, Sandhurst, Sandton, Gauteng, 2146, Johanesburg, ZA

Mabicon Information

Mabicon is a brokerage incorporated in South Africa in 2022. It is regulated by the FSCA and offers traders 1700+ market trading opportunities, supports MT5, plus 4 account types, supports spreads from 0 and no commission. At present, the information of the deposit and withdrawal of this brokerage is not available.

Mabicon Information

Pros and Cons

ProsCons
Well regulatedNo deposit and withdrawal information
4 kinds of accounts
The spread starts at 0
No commissions
Support MT5

Is Mabicon Legit?

Regulated Country/Region
Is Mabicon Legit?
Regulated AuthorityFSCA
Regulated EntityMabicon (PTY) Ltd
License TypeFinancial Service
License Number52698
Current StatusRegulated
Is Mabicon Legit?

What Can I Trade on Mabicon?

Mabicon says it offers 1,700 + markets. Over 60+ currency pairs; Metals and commodities; CFD indices, including FTSE 100, Dow Jones, DAX, NASDAQ 100, Nikkei 225, CAC 40, etc.; Cryptocurrencies include Bitcoin, Ethereum, Ripple, Litecoin, and others.

Tradable InstrumentsSupported
Currencies
Precious metals & Commodities
CFDs Indices
Cryptocurrencies
Stocks
Bonds
ETF
What Can I Trade on Mabicon?

Account Types

Mabicon has 4 types of accounts : Cent (Nano),Standard,ECN,ECN Pro. Among them, the minimum deposit requirement is $100, the leverage is unified at 1:5000, and the MT5 is also supported.

Account TypesCent (Nano)StandardECNECN Pro
Minimum Deposit$100$100$500$1,000
Maximum Leverage1:50001:50001:50001:5000
Trading PlatformMT5MT5MT5MT5
ProductsFX Major/ MetalsFX Major/ MetalsFX Major/ MetalsFX Major/ Metals
Stop Out Level20%20%20%20%
Spreads From1.61.61.61.6
Account Types

Mabicon Fees

Mabicon's accounts all have spread starting at 1.6. In addition, it claims that it supports spreads from 0 and no commission.

Mabicon Fees

Trading Platform

Mabicon offers the MT5 trading platform, which can be traded on the web, desktop and mobile versions.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Web, Desktop, MobileSkilled Traders
MT4
Trading Platform

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Mabicon a reliable or highly suspicious trading platform?

Mabicon exhibits a profile associated with very high risk, as indicated by its overall SkyEye risk score of 1.41. The primary reason for this assessment is the entity's complete lack of valid, verified regulatory authorization to offer forex trading services, compounded by its flagging for a suspicious scope of business. While it offers trading conditions such as a $100 minimum deposit on some accounts and leverage up to 1:5000, these features are overshadowed by the fundamental absence of client fund protection mechanisms and oversight.

04-02
United States

Which financial regulator oversees Mabicon?

Mabicon operates without credible regulatory oversight. According to WikiFX data, while a company named NOBLEZA (PTY) LTD appears on the South African FSCA register with an associated 'Derivatives Trading License', that license is explicitly listed as 'Unverified' by the regulator. Our analysis concludes that Mabicon (PTY) Ltd holds no active, verified license from any major financial authority, meaning client funds are not protected under any formal compensation scheme or supervisory framework.

04-02
United States

What is the full company name of Mabicon?

The broker operates under the full registered name Mabicon (PTY) Ltd and is based in South Africa. The company has been operational for an estimated 2-5 years.

04-02
United States

Apa arti broker memiliki beberapa lisensi regulasi?

Broker yang memiliki beberapa lisensi regulasi biasanya beroperasi di berbagai yurisdiksi dan harus mematuhi persyaratan dari beberapa regulator, yang dapat menunjukkan tingkat kredibilitas operasional yang lebih tinggi. Namun demikian, kekuatan pengawasan setiap lisensi dapat berbeda, terutama lisensi offshore. Disarankan memeriksa lisensi dari regulator utama seperti FCA atau ASIC melalui WikiFX.

In a week

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.

04-02
United States

Bagaimana cara menentukan apakah broker teregulasi?

Untuk menentukan apakah broker teregulasi, hal utama yang perlu dilakukan adalah memverifikasi apakah broker tersebut memiliki lisensi keuangan yang valid. Investor dapat memeriksa nomor lisensi dan statusnya melalui situs resmi regulator seperti Financial Conduct Authority (FCA) atau Australian Securities and Investments Commission (ASIC) untuk memastikan keasliannya. Perlu diperhatikan bahwa beberapa broker mungkin menggunakan lisensi pihak lain atau beroperasi di luar yurisdiksi yang diizinkan, yang juga mengandung risiko. Berdasarkan data WikiFX, status regulasi, riwayat operasional, dan skor risiko dapat digunakan sebagai referensi tambahan.

In a week

Bagaimana cara menghitung skor WikiFX?

Skor WikiFX dihitung menggunakan model evaluasi multidimensi yang mencakup indeks regulasi, indeks lisensi regulasi, indeks kapasitas operasional, indeks manajemen risiko, serta indeks teknologi platform trading. Skala skor berkisar antara 0 hingga 10 poin dan diperbarui secara berkala berdasarkan perubahan regulasi dan data operasional terbaru.

In a week

Apa yang dimaksud dengan situs broker kloning?

Situs broker kloning adalah situs yang meniru informasi broker resmi untuk menyesatkan investor agar melakukan penyetoran dana. Situs tersebut biasanya menyalin nama merek, desain halaman, bahkan informasi regulasi. Ciri umum meliputi domain yang sangat mirip dengan situs resmi, informasi kontak yang sulit diverifikasi, serta penawaran keuntungan yang tidak wajar. Setelah dana masuk ke platform seperti ini, biasanya sulit untuk dipulihkan. Disarankan untuk memverifikasi domain resmi dan informasi regulasi serta menggunakan WikiFX sebagai referensi tambahan.

In a week
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