Score
Mplus Markets
http://www.mplusmarkets.com.au/
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Forex License
No forex trading license found. Please be aware of the risks.
- This broker lacks valid forex regulation. Please be aware of the risk!
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Company Summary
| Mplus Markets Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Australia |
| Regulation | No regulation |
| Market Instruments | Forex, CFDs, futures, shares |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | MT4, Webiress, Mobile IRESS |
| Minimum Deposit | / |
| Customer Support | Tel: 02 8252 6884 |
| Email: service@mplusmarkets.com.au | |
| Address: Level 5, Exchange House, 10 Bridge St, Sydney NSW 2000 | |
Mplus Markets Information
Mplus Markets is an unregulated broker, which founded in Australia, 2021, offering trading on forex, CFDs, futures and shares on the MT4, Webiress and Mobile IRESS trading platforms.

Pros and Cons
| Pros | Cons |
| Demo accounts | Lack of regulation |
| MT4 platform | Commission fees charged |
| No info on deposit and withdrawal |
Is Mplus Markets Legit?
No. Mplus Markets currently has no valid regulations. Please be aware of the risk!

Besides, its domain status shows that client renewing is prohibited.

What Can I Trade on Mplus Markets?
Mplus Markets provides a wide range of trading products such as forex, CFDs, futures and shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Futures | ✔ |
| Shares | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |

Mplus Markets Fees
Mplus Markets offers flexible commission options, varying by trading instruments type.
International equity CFDs
| Commission per Side | Minimum Charge | |
| Australia | 0.10% per side | 10 AUD |
| Singapore | 0.15% per side | 25 SGD |
| Hong Kong | 0.30% per side | 100 HKD |
| London | 0.10% per side | 10 GBP |
| Frankfurt | 10 EUR | |
| NY NYSE | 2 cents/share | 15 USD |
| NY NAS |
International future CFDs
| Products | Standard Fee | |
| SFE | ASX SPI200 (AP) | 15 AUD |
| NYSE Liffe | FTSE 100 (Z) | 10 GBP |
| NYSE Liffe | CAC 40 (FCE) | 15 EUR |
| Eurex | DAX (FDAX), SMI (FSMI), DJ Euro Stoxx 50 (FESX) | |
| CME | E-Mini S&P500 (ES), E-Mini NASDAQ 100 (NQ) | 15 USD |
| CME | Nikkei 225 USD (NKD) | 17.5 USD |
| CME | Nikkei 225 JPY (NIY) | 1750 JPY |
| CBT | E-Mini DOW (YM) | 15 USD |
| NYM | E-Mini Crude Oil (QM) |
Forex
| Commission | |
| FX | 0 |
Exchange Fees - by subscription
Monthly exchange royalties
| Exchange | Level 1 (Non-Pro)inc GST | Level 2 (Non-Pro)inc GST | Level 1 (Pro)inc GST | Level 2 (Pro)inc GST |
| ASX | / | 28.5 AUD | / | 49.5 AUD |
| HKE | 132 HKD | 220 HKD | 132 HKD | 220 HKD |
| SGX | 11 SGD | 66 SGD | 11 SGD | 66 SGD |
| LSE | 5 GBP | 7 GBP | 41 GBP | 173 GBP |
| ETR | 17 EUR | 22 EUR | 62 EUR | 75 EUR |
| NAS | 1.1 USD | // | 22 USD | / |
| NYS | 2.2 USD | 34.95 USD | ||
| SFE | / | 49.5 AUD | 49.5 AUD | |
| LIF | 1.1 EUR | / | 37.4 EUR | / |
| ERX | 8.8 EUR | 27.5 EUR | ||
| CME (E-Mini Data Only) | 11 USD | 11 USD | ||
| CBT | 67.1 USD | 67.1 USD | ||
| NYM (E-Mini Data Only) | 16.5 USD | 16.5 USD | ||
| NYM | 77 USD | 70 USD |
Monthly news and additional data royalties
| News and additional data | Monthly royalties inc GST |
| International Markets Live | 11 AUD |
| London Metal Exchange Live | 19.8 AUD |
| International Markets Indicies Live | 18.70 AUD (Requires IML) |
| Reuters News | 55 AUD |
| DJ Aust News | 55 AUD |
| ASX Com News Live (PDS) | 33 AUD |
| Excel Addin | 0 |
| ASX Mobile Data subscription |

Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web | Beginners |
| Webiress | ✔ | PC, web | / |
| Mobile IRESS | ✔ | Mobile | / |
| MT5 | ❌ | / | Experienced traders |

Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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