WikiFX

Sagot

In my experience as a forex trader evaluating MBKET, I found it difficult to gain the transparent fee information I would normally expect from more internationally recognized brokers. According to the details available, MBKET does offer derivatives trading—such as futures, options, and other structured products—and references different commissions for various derivative transactions. However, it does not clearly specify standard ECN or raw spread forex accounts, nor does it provide explicit details about commissions charged per lot for these account types. This lack of detail is concerning for me, especially since transparent pricing is a fundamental part of assessing a broker’s suitability and fairness. It’s worth noting that MBKET is currently unregulated according to the data provided and has been flagged as having a suspicious regulatory license, which already puts me on guard and makes me especially wary about cost structures and potential hidden fees. Without published commission tables or independently verifiable information about spreads and per-lot costs, it's challenging to have full confidence in the trading conditions. For my own trading, one of my core requirements is to know—before opening an account—exactly how much I would pay per lot traded, especially with ECN or raw spread setups which typically offer lower spreads with a fixed commission per lot. The absence of this clarity on MBKET’s offering means I cannot confirm there is a standardized commission per lot as seen with most reputable ECN providers. For anyone considering MBKET, I would recommend seeking clear, written confirmation from the broker on all trading costs before proceeding, and considering the regulatory status very carefully.