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WikiFX
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Yousef47
Within 1 year

Is it possible to trade particular assets such as Gold (XAU/USD) and Crude Oil through MBKET?

Broker Issues
MBKET
Platform
Instruments
Account
Leverage
03-22
United States
WikiFX
Reply

As an experienced trader, I approached MBKET with a cautious mindset, particularly because broker regulation is a central criterion for me when choosing where to risk my capital. MBKET is unregulated, and WikiFX explicitly highlights its suspicious regulatory license and high potential risk. This immediately lowered my confidence in the platform’s safety, which is especially critical for assets like Gold (XAU/USD) and Crude Oil, as these are highly liquid and volatile markets that require tight oversight. Based on the available information, MBKET offers a broad range of market instruments, including derivatives trading, block trading, and offshore trading in various countries. Typically, derivatives and block trading services from established brokers often include underlying assets such as gold and crude oil. However, I did not find any explicit mention that MBKET provides Gold (XAU/USD) or Crude Oil as tradable instruments for retail traders. Given the lack of clear evidence and, more importantly, the absence of any valid regulatory oversight, I would avoid committing funds here for these instruments. For me, trading commodities like gold and oil requires a broker with transparent asset listings and robust regulation. Without both, there is simply too much uncertainty and exposure to risk, regardless of whatever potential opportunities such a broker claims to provide. In summary, I cannot confidently confirm that you can trade Gold (XAU/USD) or Crude Oil with MBKET, and I would not personally proceed without clearer disclosures and a fundamental improvement in regulatory credibility.

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