Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
mohdfazlan
Within 1 year

Could you break down the total trading costs involved when trading indices such as the US100 with MBKET?

Broker Issues
MBKET
Fees and Spreads
02-14
United States
WikiFX
Reply

Speaking from my experience as an independent forex trader, evaluating the total trading costs with MBKET requires a cautious approach, especially given what I’ve learned about their operational background. MBKET does offer a wide range of products, including derivatives like indices, such as the US100. However, since MBKET is currently unregulated and flagged for “suspicious regulatory license” with a high potential risk rating, I personally exercise increased scrutiny in all cost assessments. When trading indices through brokers like MBKET, typical trading costs can include spreads, commissions, overnight financing (swap) fees, and possibly hidden charges such as wider bid/ask spreads or platform fees. In regulated environments, brokers usually provide clear breakdowns of these costs; unfortunately, due to MBKET’s lack of regulatory oversight, transparency can be inconsistent. From my perspective, this makes it more challenging to accurately calculate your final trading cost per index position. For me, the lack of clear regulatory guidance means it’s especially important to verify all commission schedules, account for potential slippage, and carefully read any available terms about index trading. As a rule, I would reach out directly to MBKET’s customer support for explicit clarification on their commission structures for US100 trades, including any overnight holding or inactivity fees. Given the inherent high risk identified, I would personally approach trading costs—and MBKET as a whole—with significant caution, prioritizing brokers with robust, transparent regulatory credentials for my most important index positions.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com