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MAFC Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-10-31 14:04

Abstract:MAFC, a trading name of MILLION ABUNDANCE, is allegedly a forex broker incorporated on April 24, 2017, and registered in Hong Kong, China. It claims to provide its clients (Chinese market only) with the industry-standard MetaTrader4 trading platform

  Note: MAFC is to operate via the website - https://www.million-abundance.com/index.php, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

  General Information & Regulation

  MAFC, a trading name of MILLION ABUNDANCE, is allegedly a forex broker incorporated on April 24, 2017, and registered in Hong Kong, China. It claims to provide its clients (Chinese market only) with the industry-standard MetaTrader4 trading platform.

  As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

  As for regulation, it has been verified that MAFC does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.44/10. Please be aware of the risk.

General Information & Regulation

  Market Instruments

  MAFC is a forex broker that specialized in forex trading. However, more specific information about tradable assets cannot be found on the Internet.

  Trading Platform Available

  The platform available for trading at MAFC is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

  Customer Support

  The only way you can approach MAFC is via fenghui888168@163.com. Unluckily, this broker doesnt disclose other more direct contact information like telephone numbers or the company address that most transparent brokers offer.

  Pros & Cons

Pros & Cons

  Risk Warning

  Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Related broker

No Regulation
MAFC
Company name:MILLION ABUNDANCE
Score
1.55
Website:http://www.million-abundance.com/index.php
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55

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