Ma Banque Crypto Reviews is Mabanquecrypto.com a Scam or Legit Broker

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Ma Banque Crypto review – Is mabanquecrypto.com scam or good forex broker?

On first glance traders might be mislead that Ma Banque Crypto is a crypto exchange. That however is not the case. At best Ma Banque Crypto is a forex and CFD broker with a focus on the crypto market.

The difference between a crypt exchange and a CFD broker is that with the first you own the crypto assets, while with the second you just bet on price with a Contract for Difference. You may check the following article for details on the subject:

The main issue with Ma Banque Crypto, however, is the fact that their website is virtually anonymous and as they do not mention anything about a license, their operations on regulated markets like the European Union, the US, Canada, Japan or Australia are basically illegal.

The 5,75% Account

Trading account Min. deposit Max. leverage Spread
10 000 EUR n/a n/a
The VIP Account 50 000 EUR n/a n/a
The Inimitable Account 100 000 EUR n/a n/a
Le Privelege Account 200 000 EUR n/a n/a

Ma Banque Crypto Advantages:

A variety of crypto CFDs and other assets

The only possible advantage about Ma Banque Crypto we were able to come up with is their list of trading instruments, supposedly featuring over 70 crypto assets, as well as forex pairs and CFDs on indices, precious metals and energies. Still, if you want to trade crypto, you better try a regulated broker offering Bitcoin CFDs:

From their Terms and Conditions we understand that Ma Banque Crypto is owned and operated by Ma Banque Crypto Ltd., which is supposedly based in the UK – there is a contact address, but not a phone number and that is not very reassuring. In any case all brokers and financial companies in general operating in the UK should be duly registered and authorized by the local Financial Conduct Authority (FCA) or another official financial regulator in the EU like for example the Cyprus Securities and Exchange Commission (CySEC).

Unfortunately Ma Banque Crypto and the company behind it are not in the FCA registers – we diligently checked that, which means the broker is illegally targeting customers in the UK and other European counties like France (Ma Banque Crypto website has a French language version as well).

Besides, trading with unregulated brokers is extremely risky as too often they are simply involved in scam.

Properly regulated brokers on the other hand do guarantee the safety of your funds, because of the strict financial and ethical rule they are obliged to follow.

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On top of that with a FCA broker your funds will even be insured for up to 85 000 GBP, so here you may check our list of brokers regulated in the UK as well:

Depositing your funds with Ma Banque Crypto is the last thing we can recommend. The website is almost completely anonymous and most probably operates as a scam. So your best option is to chose only among brokers, properly licensed and authorized by a well known and well respected regulators such as FCA in the UK, ASIC in Australia or CySEC in Cyprus – the three most popular regulatory destinations in the industry.

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

MaBanqueCrypto.com Review

Website is down. Company seems to be out of business.

About MaBanqueCrypto.com

MaBanqueCrypto is a cryptocurrencies broker. Ma Banque Crypto offers the Mobile crypto trading platform. MaBanqueCrypto.com offers cfds, bitcoins, ethereum, litecoin and other cryptocurrencies for your personal investment and trading options.

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