MENACAPITAL

According to WikiFX data, MENACAPITAL exhibits a high-risk profile for forex trading. It holds an overall score of 1.84 out of 10. While the entity possesses licenses from the UAE's CMA for investment advisory and from Mauritius's FSC for securities trading, it holds no valid, authoritative forex trading licenses from major financial regulators like the FCA, ASIC, or CySEC. This means its core forex brokerage activities operate without established oversight frameworks, which is a significant concern for safety and reliability.

MENACAPITAL holds licenses, but not for its core forex business. It is registered in Mauritius and holds an active Investment Advisory license from the UAE's Capital Market Authority (CMA) and a Securities Trading license from the Mauritius Financial Services Commission (FSC). Crucially, it does not hold any recognized retail forex trading licenses from top-tier regulators, meaning its forex trading services are not subject to the stringent protections offered by major regulatory bodies.

MENACAPITAL offers a range of account types with varying minimum deposits. Its Cent account has a notably low entry requirement, starting from $1, making it accessible for traders with small capital. For more advanced services, its Professional account requires a minimum deposit between $1,001 and $50,000, while its Elite and نخبة accounts have a $50,000 minimum deposit requirement.

Yes. WikiFX assessment indicates MENACAPITAL offers the MetaTrader 5 (MT5) trading platform. The firm is classified as a 'Full License MT5' provider, which typically signifies access to the complete suite of platform services and technical support from MetaQuotes.