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MDR Broker

Item: MDR Broker
Rating: 1.46

United Kingdom|2-5 years|

Suspicious Scope of Business|High potential risk|

https://mdrbroker.com/en

Website

Open Account Time Machine

Rating Index

Contact

info@mdrbroker.com

https://mdrbroker.com/en

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

Open Now

Disclosure

Warning

SG MAS

2021-02-23

Investor Alert List

MDR Broker

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Warning: Low score, please stay away!

Previous Detection : 2024-11-22

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Overview

Biz Area

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MT4/5 Identification

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Account Information

Time Machine

MDR Broker · WikiFX Survey

Benchmark	--
Maximum Leverage	--
Minimum Deposit	€50 000
Minimum Spread	--
Products	--

Currency	--
Minimum Position	0.01
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

Benchmark	--
Maximum Leverage	1:600
Minimum Deposit	€10 000
Minimum Spread	--
Products	--

Currency	--
Minimum Position	0.01
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

Benchmark	--
Maximum Leverage	1:300
Minimum Deposit	€500
Minimum Spread	--
Products	--

Currency	--
Minimum Position	0.01
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

Platform Capital Ratio

--%

-- --

100%

--%

100%

Fundamental Item(A)
Total Supplementary Items(B)
Debt Amount(C)
Non-Fixed Capital(A)+(B)-(C)=(D)
Relative amount of risk(E)
Market Risk
Transaction Risk
Underlying Risk

Capital
$(USD)

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MDR Broker · Company Summary

General Information & Regulation

MDR Broker is said to be an UK-registered broker. MDR Broker is not registered in any of the jurisdictions mentioned on its website. It is just an unregulated broker that traders should stay away from.

Market Instruments

Tradable financial instruments available on the MDR Broker platform include forex currency pairs, indices, commodities, stocks, energies and some crypto currencies.

Minimum Deposit

MDR Broker offers 3 trading accounts, and the minimum initial deposit for the Micro account is 500 EUR. However, it is good to know that some legit brokers would ask for as little as $1-5. The other accounts start at 10,000 EUR and 50,000 EUR respectively.

Leverage

Trading leverage differs depending on varied trading accounts. The maximum trading leverage for the Micro account is 1:300 for forex trading. As for the Standard account, the leverage offered by it is relatively high, reaching up to 1:600. For the Premium account, it is individual which means it can go even higher.

Spreads & Commissions

MDR Broker offers variable spread, with specific spreads on particular instruments unknown, which is weird. Unregulated broker tend to hide their trading costs to scam new investors.

Trading Platform Available

It appears that MDR Broker offers the MetaTrader 4 trading platform. However, after registering an account with this broker and getting an email with the login information and password, we discovered that there was no link from which to download the platform.

Deposit & Withdrawal

To make a deposit, clients can use only payments made in Bitcoin. For withdrawals, they can use Yandex, credit card or wire transfer.