mBank(mForex) -Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2025-01-03 19:00

Abstract：Founded in 2013, mBank is an unregulated broker registered in Poland, offering trading in Forex, Indices, and Commodities with leverage up to 1:30 and spread from 0.2 pips via the MT4 and mForex Web platforms.

mBank Review Summary
Founded	2013
Registered Country/Region	Poland
Regulation	Unregulated
Market Instruments	Forex, Indices, Commodities
Demo Account	/
Leverage	Up to 1:30
Spread	From 0.2 pips
Trading Platform	MT4, mForex Web
Min Deposit	PLN 2,000
Customer Support	Tel: 22 697 47 74
	Email: mforex@mbank.pl
	Social Media: Facebook, Twitter, YouTube
	Company Address: ul. Prosta 18 00-850 Warsaw

Founded in 2013, mBank is an unregulated broker registered in Poland, offering trading in Forex, Indices, and Commodities with leverage up to 1:30 and spread from 0.2 pips via the MT4 and mForex Web platforms.

Pros and Cons

Pros	Cons
Tight spreads	No regulation
MT4 supported	Limited tradable assets
	Conservative levearge
	Commission charged
	High minimum deposit
	Unknown payment options

Is mBank Legit?

No, mBank currently has no valid regulations. Please be aware of the risk!

What Can I Trade on mBank?

Trading Asset	Available
forex	✔
indices	✔
commodities	✔
stocks	❌
cryptocurrencies	❌
bonds	❌
options	❌
ETFs	❌

Account Type/Leverage/Fees

Standard and VIP are the two account types that mForex offers. The activation fee for both accounts is PLN 2,000, or roughly 430 USD, which is seen as a large amount.

Account Type	Standard	VIP
Activation Payment	Min. PLN 2,000 for individuals, PLN 10,000 for companies
Leverage	Up to 1:30 (for retail customers)
Spread	From 0.2 pips
Commission	0.0039%	0.0027%

Trading Platform

In addition to MT4, mBank also offers a mForex Web platform which is said to be available from a web browser, allows for easy and efficient adjustment of the chart appearance, the quick placing of orders, and the built-in calculator optimizes the investment process.

Trading Platform	Supported	Available Devices	Suitable for
mForex	✔	Web	/
MT4	✔	Desktop, Mobile, Web	Beginners
MT5	❌	/	Experienced traders

Broker Dealer Currency Pair Forex trading forex pips

Related broker

Website：https://www.mforex.pl

5-10 years | Suspicious Regulatory License | High potential risk |

Score

1.54

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