Score

1.51 /10
Danger

El MAHROUSA

Suspicious Regulatory License

High potential risk

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index7.01

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

El MAHROUSA · Company summary
Registered in Egypt
Regulated by No effective regulation at this time
Year(s) of establishment 2-5 years
Trading instruments Information not available
Minimum Initial Deposit Information not available
Maximum Leverage Information not available
Minimum spread Information not available
Trading platform Information not available
Deposit and withdrawal method Information not available
Customer Service Email/phone number/address
Fraud Complaints Exposure No for now

General information and regulations of El MAHROUSA

Established in 1995, El MAHROUSA is a Securities Brokerage company in Egypt.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

The market instruments information on El MAHROUSA is quite scarce. Since its a securities brokerage company, securities trading must be an important part of its operations.

Spreads and commissions for trading with El MAHROUSA

El MAHROUSA does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with El MAHROUSA, we recommend that you take the time to calculate these transaction costs.

Account Types for El MAHROUSA

El MAHROUSA does not provide account information. Generally, brokers offer several different levels of real accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit amount. In addition, many brokers offer demo accounts, where interested parties can trade without incurring real money losses. Due to the law prohibiting interest in the Islamic region, some brokers also offer Islamic accounts without overnight interest charges.

Trading platforms offered by El MAHROUSA

El MAHROUSA does not give information about its trading platform, but from the peers and the website as a whole, it should be a trading platform developed by itself.

Leverage offered by El MAHROUSA

You can't find information about trading leverage on El MAHROUSA's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage.

Deposit and withdrawal methods and fees

El MAHROUSA is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

we couldnt find relevant information about educational resources, and many financial companies are quite generous when it comes to providing them.

Customer support of El MAHROUSA

Below are the details about the customer service.

Language(s): English, Arabic

Email: support@mahroosa.com mahrousa.2013@gmail.com

Phone Number: 03- 4856665 - 4871490 - 4868267 - 4838882

Address: 95 El Gish Road - El selsela Tower

Social media: Facebook, twitter

customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of El MAHROUSA

Advantages:

We havent spotted evident advantages about this company.

Disadvantages:

No effective regulation

Few information available

Frequent asked questions about El MAHROUSA

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

News

NewsCFI Financial Enters Egypt With The Acquisition Of Local Broker 'El Mahrousa'

CFI Financial Group announced the purchase of 'El Mahrousa,' a local Egyptian brokerage business, on Thursday, setting the path for future development throughout the Middle East and East Africa (MENA).

WikiFX
2022-11-28 18:13
CFI Financial Enters Egypt With The Acquisition Of Local Broker 'El Mahrousa'

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