Basic Information
Registered Region 
South Africa
South AfricaOperating Period
2-5 years
Company Name
Mabicon (PTY) Ltd
Customer Service Email Address
info@mabiconfx.com
Contact Number
+27760854566
Company Website
Global Broker Regulation Inquiry App
WikiFX
Unverified
Score
0
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9
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/10
Mabicon
South Africa
|
2-5 years
|
ECN Account
Suspicious Regulatory License
|
Suspicious Scope of Business
|
Suspicious Overrun
|
High potential risk
https://mabiconfx.com/
Website
Rating Index
Contact
+27 760854566
info@mabiconfx.com
https://mabiconfx.com/
23-03 Embassy building 188 Anton Lembede St, Durban Central, Durban, 4001 South Africa
LicensesLicensed Entity：NOBLEZA (PTY) LTD
License No. 52698
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
3
4
Account
Website
Company Summary
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:5000
- SupportedEA
- Minimum Deposit$500
- Minimum SpreadFrom 1.6
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission--
- ProductsFX Major/ Metals
Updated：
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Website
mabiconfx.com
68.65.122.113Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| MabiconReview Summary | |
| Founded | 2022 |
| Registered Country/Region | South Africa |
| Regulation | Regulated |
| Market Instruments | CurrenciesPrecious metals & CommoditiesCFDs IndicesCryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:5000 |
| Spread | From 0 |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | Phone: +27760854566 |
| Email: info@mabiconfx.com | |
| Online Chat: 24/7 | |
| Social Media: Facebook, Linkedin | |
| Physical Address: Alice Lane， Phase 3， 4th Floor， Alice Lane， Sandhurst， Sandton， Gauteng， 2146， Johanesburg， ZA | |
Mabicon Information
Mabicon is a brokerage incorporated in South Africa in 2022. It is regulated by the FSCA and offers traders 1700+ market trading opportunities, supports MT5, plus 4 account types, supports spreads from 0 and no commission. At present, the information of the deposit and withdrawal of this brokerage is not available.
Pros and Cons
| Pros | Cons |
| Well regulated | No deposit and withdrawal information |
| 4 kinds of accounts | |
| The spread starts at 0 | |
| No commissions | |
| Support MT5 |
Is Mabicon Legit?
| Regulated Country/Region |  |
| Regulated Authority | FSCA |
| Regulated Entity | Mabicon (PTY) Ltd |
| License Type | Financial Service |
| License Number | 52698 |
| Current Status | Regulated |
What Can I Trade on Mabicon?
Mabicon says it offers 1,700 + markets. Over 60+ currency pairs; Metals and commodities; CFD indices, including FTSE 100, Dow Jones, DAX, NASDAQ 100, Nikkei 225, CAC 40, etc.; Cryptocurrencies include Bitcoin, Ethereum, Ripple, Litecoin, and others.
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Precious metals & Commodities | ✔ |
| CFDs Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
Mabicon has 4 types of accounts : Cent (Nano),Standard,ECN,ECN Pro. Among them, the minimum deposit requirement is $100, the leverage is unified at 1:5000, and the MT5 is also supported.
| Account Types | Cent (Nano) | Standard | ECN | ECN Pro |
| Minimum Deposit | $100 | $100 | $500 | $1,000 |
| Maximum Leverage | 1:5000 | 1:5000 | 1:5000 | 1:5000 |
| Trading Platform | MT5 | MT5 | MT5 | MT5 |
| Products | FX Major/ Metals | FX Major/ Metals | FX Major/ Metals | FX Major/ Metals |
| Stop Out Level | 20% | 20% | 20% | 20% |
| Spreads From | 1.6 | 1.6 | 1.6 | 1.6 |
Mabicon Fees
Mabicon's accounts all have spread starting at 1.6. In addition, it claims that it supports spreads from 0 and no commission.
Trading Platform
Mabicon offers the MT5 trading platform, which can be traded on the web, desktop and mobile versions.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, Desktop, Mobile | Skilled Traders |
| MT4 | ❌ |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
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FX3570748134
Indonesia
Broker mabicon cannot withdraw funds, so be careful with this broker. There is also a person named Suliadi from Malang who referred me to mabicon.
Exposure
Juan Chang
Hong Kong
Mabicon seems like a decent option for new traders. They offer a cent account which is good for starting small, but their educational resources are a bit limited.
Neutral
Laterbit
Belarus
Honestly, at first I was already give up on Mabicon due to its processing of my information, but unfortunately I received a call from their customer care, she helped me with half an hour I received my real account ID, thanks 🙏 for good and better services. I love it.
Positive
Yuk Chukwueze
Nigeria
Wonderful trading app very fast execution of trade zero commission , all devices zero fee's , cash deposit and withdrawal Excellent 👍
Positive