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Razzie87
Within 1 year

Can I trust MC900 as a reliable and secure broker for trading?

Broker Issues
MC900
Regulation
01-01
United States
WikiFX
Reply

As a trader with years of hands-on experience, I always start my broker evaluation with regulatory clarity and overall risk, since these are core to both safety and reliability. With MC900, several red flags immediately stood out to me. The broker currently has suspicious, unverified licenses allegedly from reputable authorities like CYSEC (Cyprus) and FCA (UK). From my perspective, a lack of verifiable regulation is a serious concern, particularly when dealing with leverage, margin, and client asset protection. The WikiFX information also indicates MC900 carries a high potential risk, with a score of 0 for both regulatory oversight and risk management. In my professional opinion, these are not minor issues — rather, they suggest fundamental weaknesses in oversight and consumer safeguards. The company's operating history is just 2-5 years, which is relatively short and makes it hard to judge long-term stability or client satisfaction. Additionally, the business being registered in Cyprus but with a server location in Hong Kong complicates transparency further. While the website and social media presence might seem reassuring, in my experience, appearance alone cannot replace a robust legal framework. For me, the risks far outweigh any theoretical benefits. Based on the above, I would exercise maximum caution and not consider MC900 a trustworthy or secure choice for trading at this time.

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