Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Mubasher Trade

Bahrain|5-10 years|
Suspicious Regulatory License|High potential risk|

https://mubashertrade.com/

Website

Rating Index

Influence

Influence

B

Influence index NO.1

Egypt 7.79

Surpassed 92.85% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+973 17 300 849
global@mubashertrade.com
https://mubashertrade.com/
https://www.facebook.com/MubasherTradeGlobal/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+973 17 300 849

Broker Information

More

Company Name

Mubasher Financial Services BSC

Company Abbreviation

Mubasher Trade

Platform registered country and region

Bahrain

Company website
Twitter
Facebook

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-04-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Users who viewed Mubasher Trade also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Sway Markets

7.70
Score
1-2 yearsRegulated in AustraliaAppointed Representative(AR)Self-developed
Official website

GTC

8.34
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website

Decode Global

8.35
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Mubasher Trade · Company Summary

Aspect Information
Company Name Mubasher Trade
Registered Country/Area Bahrain
Years 5-10 years
Regulation Unregulated
Market Instrument Stocks
Services Dedicated relationship manager, Dedicated broker, Customized research offering, Servicing large block trades, and Continuous portfolio study
Trading Platforms MubasherTrade Pro 11 and MTrade Plus
Demo Account Yes
Customer Support Phone (English +97 317 300 849), Email (global@mubashertrade.com), Twitter, Facebook, and Ticket
Deposit & Withdrawal Wire Transfer, Check Deposit, and Shares Transfer

Overview of Mubasher Trade

Mubasher Trade, based in Bahrain and operating for 5-10 years, deals with stocks. Although it's not regulated, the company provides various services like dedicated brokers, customized research, and support for large trades. They use platforms called MubasherTrade Pro 11 and MTrade Plus, and offer a demo account for users to try.

For help, you can contact them by phone (English support available), email, Twitter, Facebook, or through a ticket. Deposits and withdrawals are easy using wire transfers, check deposits, or share transfers. Mubasher Trade aims to make trading simple and accessible for its clients.

Overview of Mubasher Trade

Regulatory Status

Mubasher Trade serves as an unregulated trading platform. The absence of regulatory oversight increases the risk of fraudulent activities and scams. Unregulated brokers may not be held accountable for unethical behaviour, putting traders at a higher risk of falling victim to fraudulent schemes.

Pros and Cons

Pros Cons
Multiple Services Unregulated
Various Platforms Limited Regulatory Protection
Demo Account Available Limited Market Instrument
Accessible Support /
Flexible Deposit & Withdrawal /

Pros of Mubasher Trade:

  1. Multiple Services: Mubasher Trade offers a range of services, including dedicated relationship managers, customized research, and support for large block trades, providing clients with a comprehensive trading experience.

  2. Various Platforms: Clients have the option to choose between MubasherTrade Pro 11 and MTrade Plus, offering flexibility for different preferences in trading.

  3. Demo Account Available: The availability of a demo account allows users to explore the trading platforms before committing, helping them make informed decisions.

  4. Accessible Support: The company provides customer support through various channels, including phone, email, and social media, ensuring clients can easily reach out for assistance.

  5. Flexible Deposit & Withdrawal: Mubasher Trade facilitates deposits and withdrawals through multiple methods such as wire transfer, check deposit, and share transfer, providing convenience to clients.

Cons of Mubasher Trade:

  1. Unregulated: One notable concern is that Mubasher Trade operates in an unregulated environment, which may have traders worry about the level of oversight and security for clients.

  2. Limited Regulatory Protection: Because of the lack of regulation, clients may have limited recourse in case of disputes or issues with the services provided by Mubasher Trade.

  3. Limited Market Instrument: Mubasher Trade focuses solely on stocks, potentially limiting the investment options for clients who are interested in other financial instruments.

Market Instrument

At Mubasher Trade, stocks take centre stage as the primary market instrument. Investing in stocks provides a direct way to become a shareholder in those companies, offering the potential for capital appreciation and dividends.

Mubasher Trade facilitates stock trading through its platforms, MubasherTrade Pro 11 and MTrade Plus, which provide users with the tools and resources to navigate the stock market efficiently. While the focus on stocks may limit the range of investment instruments, it also allows for a specialized and targeted approach to stock trading.

Market Instrument

Services

Mubasher Trade offers a versatile array of services.

  1. Dedicated Relationship Manager: As a valued member of our High Net Worth (HNW) division, Mubasher Trade provides a dedicated relationship manager for all needs. This personalized service ensures that you have exclusive access to benefits tailored to your requirements. Your dedicated relationship manager will guide you every step of the way, offering an attentive experience.

  2. Dedicated Broker: Recognizing the challenges of a busy schedule, Mubasher Trade offers a dedicated broker at your service. With just a phone call away, this broker is ready to place your orders. Understanding your risk profile and investment habits, the dedicated broker ensures that your investments align with your objectives. Convenience meets personalized investment strategies.

  3. Customized Research Offering: Mubasher Trade goes the extra mile by analyzing your desired stock from both technical and fundamental perspectives. The findings are then provided to you upon completion, offering valuable insights for informed decision-making.

  4. Servicing Large Block Trades: Managing large portfolios sometimes requires seeking buyers or sellers beyond the exchange. Mubasher Trade recognizes this need and offers a solution beyond a platform click. Get in touch with your broker to explore options and strategies for large block trades.

  5. Continuous Portfolio Study: Your portfolio deserves continuous attention, and at Mubasher Trade, we've got it covered. Experienced analysts are at your service, studying your portfolio on an ongoing basis. This ensures that your investment strategies are consistently aligned with your goals, providing you with the necessary insights to make informed decisions.

Services

How to Open an Account?

Opening an account with Mubasher Trade is a straightforward process that can be completed online in a matter of minutes. Here's a breakdown of the steps involved:

  1. Visit the Mubasher Trade website and click “OPEN A LIVE ACCOUNT.”

How to Open an Account?
  1. Fill out the online application form: The form will request your personal information Ensure your identification documents (passport or ID card) and proof of address are handy for uploading.

  2. Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address.

  3. Start trading: Once your account is verified, you're ready to explore the Mubasher Trade trading platform and start making trades.

How to Open an Account?

Pricing

Mubasher Trade offers a transparent pricing structure for its stock trading platforms.

The Mubasher Web platform comes with no fees, providing users with a cost-free trading experience.

For Mubasher Pro and Mubasher MTPlus (Mobile App), the platform is also free if the Broker Commission reaches 600 EGP or more in a quarter. In cases where the commission falls below this threshold, a fee of 375 EGP per quarter applies. The calculation of fees occurs quarterly on specific dates: 31/03, 30/06, 30/09, and 31/12.

Additionally, the Mubasher Mobile Web platform is entirely free, ensuring accessibility for users on the go. This clear fee structure allows traders to make informed decisions based on their trading activity and preferences.

Platform Fee
Mubasher Web FREE
Mubasher Pro Mubasher MTPlus (Mobile App) FREE**If Broker Commission 600 EGP or more in quarterOtherwise 375 EGP per quarterThe calculation will be every quarter 31/03 , 30/06 , 30/09 , 31/12
Mubasher Mobile Web FREE
Pricing

Trading Platform

Mubasher Trade offers two advanced and user-friendly trading platforms, MubasherTrade Pro 11 and MTrade Plus, designed to enhance the trading experience for investors.

MubasherTrade Pro 11: This platform provides a comprehensive suite of tools and features for traders, offering in-depth market analysis, real-time data, and advanced charting capabilities. MubasherTrade Pro 11 is tailored for those who seek a sophisticated and detailed approach to stock trading, empowering users with the resources needed for informed decision-making.

MTrade Plus (Mobile App): For traders on the move, Mubasher Trade introduces MTrade Plus, a mobile application that brings the power of trading to your fingertips. With a user-friendly interface, real-time updates, and on-the-go accessibility, MTrade Plus ensures that users can trade stocks conveniently and efficiently from their mobile devices.

Trading Platform

Deposit & Withdrawal

Mubasher Trade offers users flexibility and convenience in managing their funds with multiple Deposit & Withdrawal methods.

Wire Transfer: Clients can securely transfer funds using Wire Transfer, a reliable and widely accepted method. This ensures quick and efficient transactions, allowing users to deposit or withdraw funds smoothly.

Check Deposit: For those preferring traditional methods, Mubasher Trade facilitates Check Deposit. Clients can deposit checks with ease, providing a convenient option for managing their financial transactions.

Shares Transfer: Mubasher Trade allows users to transfer shares as a method of both deposit and withdrawal. This feature offers a unique avenue for managing portfolios, enabling clients to optimize their holdings based on their investment strategies.

Deposit & Withdrawal

Customer Support

At Mubasher Trade, customer support is a priority, offering users multiple channels for assistance.

Phone Support (English): Clients can reach out to the dedicated support team by phone at +97 317 300 849. English support ensures effective communication, allowing users to address queries, seek guidance, or resolve issues promptly.

Email Support: For written communication, Mubasher Trade provides support via email at global@mubashertrade.com. Users can send detailed inquiries, requests, or feedback, receiving comprehensive assistance from the customer support team.

Social Media (Twitter and Facebook): Stay connected with Mubasher Trade through social media platforms like Twitter and Facebook. These channels not only serve as a means of communication but also provide updates, announcements, and a community space for users.

Ticket Support: Mubasher Trade introduces a ticketing system, streamlining customer support processes. Users can raise tickets to address specific issues, track progress, and receive detailed resolutions, ensuring a systematic and efficient support experience.

Customer Support

Conclusion

In summary, Mubasher Trade has its strengths and areas to consider. The company offers a variety of services and platforms, making trading accessible and flexible. The demo account is a plus for users to try things out. Customer support is readily available, and deposit/withdrawal options are flexible.

However, Mubasher Trade operates without regulation. Additionally, focusing only on stocks might limit investment choices for those looking for more diversity.

While the platform has its advantages, the lack of regulation and limited market options could be significant considerations for potential clients.

FAQs

Q: What is a trading session?

A: A trading session corresponds to the operation of the trading system that occurs between the pre-open state and the close state.

Q: What do I need to register for Mubasher Online Trading?

A: The documents required to open an online trading account are as follows : For Foreigners: National Identification Card

For the Egyptians: National Identification Card

For Companies: Official company documentation is required.

Q: What currencies are used for trading on the Egyptian Exchange?

A: The currencies allowed on the Egyptian Exchange are EGP, USD and Swiss Franc.

Q: What does the message “your account is locked” mean, and what shall I do?

A: Entering the wrong login password three consecutive times will cause the system to lock the user name for security reasons. To unlock the user name, call MubasherTrade Call Center (16699), and place unlock user name request.

Q: What are the service fees and how are they charged?

A: There are no service fees.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

3

Comments

Write a review

wangziwei
more than one year
I signed up with Mubasher Trade early today, and by the end of the day, I've gained a decent understanding of their brokerage services. I've executed several trades, and overall, I'm satisfied with the execution performance.
2024-01-29 12:31
Reply
0
0
Dsfwef
more than one year
I stuck to trading indices on Mubasher Trade, but suddenly found myself in a silver position, leading to unexpected losses. Complaints didn't help much. Also, watch out for the instant trading prompt – confirming it put me in a position without warning.
2023-12-29 18:20
Reply
0
0
more than one year
Mubasher Trade does not provide mt4 trading platform and does not support social trading. So, I am not gonna choose this broker. Maybe you guys can recommend me some reliable brokers.
2023-03-03 11:25
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com