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Broker
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Nagarjuna
Within 1 year

Considering various reviews and your own assessment, how legitimate do you believe MC900 to be?

Broker Issues
MC900
Regulation
07-06
United States
WikiFX
Reply

Based on my experience as a forex trader and after reviewing the available information, I approach MC900 with significant caution. For me, the most concerning aspect is the lack of verified regulatory oversight. Both the CYSEC and FCA licenses listed for MC900 are unverified, and the WikiFX profile clearly marks the regulatory status as “suspicious” with a risk management index of 0.00 and a regulatory index of 0.00. In an industry where strong, transparent regulation is crucial for trader protection, this absence raises immediate red flags. My own risk management principles rely heavily on a broker’s regulatory legitimacy. From what I can see, MC900 does not meet the standards I require; their reported registration in Cyprus is not supported by a verified license, and the warnings about suspicious business scope further undermine my confidence. I also notice that the broker’s score is very low, especially compared to other established brokers with full regulation and multi-year track records. As a result, I cannot consider MC900 to be legitimate or trustworthy for my trading activities. In my view, if a broker cannot provide clear evidence of robust regulatory compliance, the potential risks for traders are simply too high. I would not feel safe depositing or trading funds with MC900 at this time.

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