Forex MBKET Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

MBKET Trading Conditions

Registered Region Thailand

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email mst.clientservice@maybank.com

Contact Number +662 658 5050

Website www.maybank-ke.co.th

Balanced Review

Pros & Cons

Pros

Diverse trading instruments including Forex, commodities, indices, stocks, and cryptocurrencies
User-friendly KE World online trading platform
Access to demo accounts for practice without risk
Customer support available via email and telephone
Variety of account types catering to different trader needs

Cons

Not regulated by any recognized financial authority
Potential concerns regarding fund safety and investor protection
Limited trading instruments available
Variable withdrawal processing times
Higher risk of fraud due to unregulated status

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	MBKET	CGSI	Pi Securities	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Thailand	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does MBKET Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and retail traders	Access to various market instruments, user-friendly platform	Suitable for small to medium capital investments
Professional Account	Experienced traders	Enhanced trading options, possibly lower fees	Requires a certain level of trading volume and experience
Corporate Account	Corporate clients	Customized services tailored for business needs	Requires corporate documentation for setup
Demo Account	All types of traders	Practice trading without risk, access to all features	Ideal for testing strategies and platform familiarity

Account Opening Process

To open an account with MBKET, users must follow a series of steps. Initially, personal, employment, and financial information need to be submitted. Identity verification is crucial and typically involves providing a valid ID and proof of address. After the initial setup, users may have the option to upgrade to a professional account as their trading experience and volume increase, allowing for greater flexibility in account management.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0	Tight spreads for major pairs
Forex (GBP/USD)	1.0	$0	Competitive pricing on major pairs
CFDs (Stocks)	1.5	$0	Varies by stock
CFDs (Indices)	2.0	$0	Standard spreads for indices
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on market conditions

Other Fees

MBKET may impose various other fees, which can include deposit and withdrawal fees, inactivity fees for dormant accounts, and potential platform usage fees. Traders should also be aware of overnight interest (swap rates) that may apply to positions held overnight, as well as currency conversion fees for transactions involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

MBKET User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Doe

Bangkok

★ ★ ★ ★ ★

I had a terrible experience with MBKET. My withdrawal took forever and I couldn’t get a clear answer from customer support. They really need to improve their service.

Jane Smith

Chiang Mai

★ ★ ★ ★ ★

The trading platform is decent, but the lack of regulation makes me uneasy. I faced issues with my funds, and reaching support was frustrating. Not recommended.

Michael Tan

Bangkok

★ ★ ★ ★ ★

MBKET has a user-friendly trading platform. I appreciate the demo account option which helped me practice before trading real money. Overall, it’s a good broker for beginners.

Emily Wong

Phuket

★ ★ ★ ★ ★

I’ve been trading with MBKET for a while and I’m quite satisfied. The KE World platform is efficient and I’ve had no major issues. Their customer support has been helpful when I needed assistance.

Thailand Market