MRC Markets Forex Broker
| Company | MRC Markets |
|---|---|
| Established in | 1971 |
| Online since | 2006 |
| International Offices | Australia, India, Russian Federation, United Kingdom, United States |
| Payment Methods | Credit/Debit Cards, RBK Money, WebMoney, Wire Transfer |
| Demo Accounts & Platforms | Meta Trader 4, MT4 Web Trader |
| Account currencies | Brazilian real, Chinese yuan, Euro, Great Britain, pound, Indian rupee, Japanese yen, Polish złoty, Russian rouble, Swiss franc, United States dollar |
| Regulated & Registered by | |
| Are US Traders allowed? | No |
| Bonus? (detailed) | |
| Languages in which website is available? | English, German and Russian |
| Languages in which Support is available? | English, German and Russian |
| Different Support methods? | CallBack, Email, Live Chat, Office, Phone, Web Form |
| Types of Account (micro standard executive islamic) | Standard, ECN, ECN + |
| Minimum deposit in accounts | $20 |
| Minimum position size | 0.1 lot |
| Type of Spread? | Fixed |
| Minimum spread on EUR/USD, pips | 0.5 |
| Is Scalping Allowed? | Allowed |
| Types of Trading Instruments (GOLD; CFD, etc. and the leverage) | Forex- 1:500, Gold & Silver- 1:50, CFD- 1:20, Oil – 1:50, Stocks -1:20, Futures – 1:50, Indexes – 1:50, Metals – 1:50, Energies – 1:50, Binary Options |
| Real Trading platforms | Meta Trader 4, MT4 Web Trader |
| Digits after the dot in quotes | 5 |
| Margin call level | 123 |
| Stop-out level | |
| Total Number of currency pairs | |
| Any Bonus offers | Yes |
| Affiliate program Available? | Yes |
| Facility of Overnight interest rates (swaps) | Yes |
| Do they have Trailing stop? | Yes |
| Do they have Pending orders? | Yes |
| Mobile trading allowed? | Yes |
| Browser-based platform present? | Yes |
MRC Markets is one of the oldest companies in the forex market and was founded in the year 1971. In order to keep up with the developing technology and to reach the traders all over the world, the company started its internet based online trading service in the year 2006. They have their offices in 5 countries all over the world which include India, United Kingdom, Russian Federation, United States and Australia. They provide their customers interest rates on the funds deposited in their accounts. Various bonus offers are made to the customers and this attracts them as the bonus offered adds to their fund in the accounts. Trading contests are also conducted by the company to keep the traders engaged in activities other than just trading. Free educational materials are available to the traders on the website. Personal manager is provided to the customers who help the trader in managing the account better. There are many other services like affiliate programs, overnight interest rates swap, trailing stops, pending orders, browser based platform and automated trading.
One of the most important tasks of trading is to deposit and withdraw funds. The payment methods allowed by the company to its traders are debit cards, credit cards, WebMoney, RBK Money and wire transfers. The trading platform Meta Trader 4 is a renowned platform which helps in fast and easy execution of trade and the Web Trader allows the trader to start trading directly without having to download any software and thus increasing the safety. The website and the customer service are available in German, English and Russian. The customer service is of world class and the traders are well trained to handle all trade related issues. The account types include Standard, ECN and ECN+ and the deposit required is $20 to open an account with them.
The reviews for MRC Market show that it is a veteran in the field and have many loyal customers who are happy and satisfied with their services. The company offers trading in different trading instruments like CFD, Stocks, Oils, Futures, Metals, energies and binary options with a maximum leverage of 1:50 along with forex, the leverage on which is 1:500. Though, leverage on others is less many traders like that they have so many options in which they can trade other than forex. The number of currency pairs in which a trader can trade is 123 and it include all the major pairs and a few exotic pairs as well. This may be one of the highest numbers of pairs offered in the market by any company. The use of scalping and Expert Advisor is allowed to the customers and is liked by many. Many of them like that the company allows you to open an account for a deposit as low as $20. A few cons are that they are not regulated and the leverage on instruments other than forex is very less 1:50. The average rating given to the company by its users is 5.9 out of 10.