MFM Securities Journal

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MFM Securities Profile
Year
2019
Country
Vanuatu
Branches
1
Regulation
VFSC Vanuatu
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
х Afghanistan, Australia, Canada, Cuba, Ecuador, Iran, Ivory Coast, Japan, Libya, Myanmar, North Korea, Puerto Rico, Sudan, Syria, US
Broker type
STP, DMA, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
50
LPs quality
...
LPs names
...

MFM Securities Accounts
STP
ECN
Minimum Deposit
25 $
100 $
Leverage
500 : 1
500 : 1
Minimum Lot
1 lots
1 lots
EURUSD spread
0 pips
0 pips
Commission
0 $/lotRT
5 $/lotRT
Volume
200 lots
200 lots
Margin Call
50 %
50 %
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Update broker

Is MFM Securities safe?

  • Investor protection: no
  • Regulation: VFSC Vanuatu
  • Publicly traded: no
  • Segregated account: no
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is MFM Securities trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • MFM Securities website: semi-detailed, updated ★★★
  • MFM Securities popularity (by visitor count): average ★★★

How MFM Securities works

MFM Securities utilizes enterprise-grade hardware on our trade servers in the Equinix and Amazon data centre in London respectively. Our trader servers are collocated with our ECN pricing engine and liquidity providers in these data centres.

Our ECN trading environment has been created with traders in mind. Scalping, hedging, and automated trading are all allowed.

NO requotes, NO price manipulation and NO restrictions.

https://www.mfmsecurities.com/why-mfm-securities

Execution

We’ve automated every aspect of the trade process to ensure your trades are executed at lightning speed, without any manual intervention, and at the price you expect – or better. Access unparalleled depth of market and 100% guaranteed execution by trading with an Edge ECN broker.

https://www.mfmsecurities.com/trading-conditions

Foreign Exchange MFM SECURITIES prices on Forex/currency products are sourced from independent price providing banks providing liquidity to the OTC Forex market. By reference, MFM SECURITIES will access the prices of a market maker in Forex/currency products who from our experience usually provides a consistent service, taking into account factors such as frequency of updates and reliability, from which we will then determine our prices.

Most trades will be automatically priced and executed by MFM SECURITIES's automated internal trading systems. However, depending on factors such as for example unusual market conditions or the size and nature of your order an instrument may be wholly or partly manually priced and/or an order may be manually executed.

https://www.mfmsecurities.com/legal-documentation
Execution Policy

2.1 Subject to the Client fulfilling its obligations under this Agreement, MFM SECURITIES may provide the following services to the Client (the “Services”): (i) Entering into spot contracts for differences with the Client on currencies, indices, precious metals, oil, commodities and financial instruments and products as listed in Underlying List (respectively, “Contracts” or “trading positions” and the “Underlying”) acting as principal and not as a Client’s agent; and (ii) receiving and transmitting orders relating to Contracts to other investment firms or authorized intermediaries acting on behalf of the Client.

The concept of “arbitrage” and “scalping”, or taking advantage of these internet delays, cannot exist in an over the counter Market where the client is buying or selling directly from the Market. MFM SECURITIES do not permit the practice of “arbitrage” on the Trading Platforms and considers this improper use or abuse of our trading Platforms.

MFM SECURITIES follows a Negative Balance Protection policy, on a per account basis, which aims to ensure that the Client maximum losses from trading CFDs, including all related costs, are limited to the total funds in Client’s t rading account (i.e., no additional liability incurs).

https://www.mfmsecurities.com/legal-documentation
Client Agreement

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