This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
MBCFX Review
MBCFX, also known as Multiple Banks Clearing, has no confirmed license today, and the British Virgin Islands regulator has fined and warned the firm.
Min Deposit
N/A
Spreads From
2 pips claimed on its old marketing pages, not confirmed
Max Leverage
Not disclosed anywhere on the site
Platforms
MetaTrader 4, Currenex
Pros
- Says it offers forex, metals, oil, and other markets in one account
- Claims support for MetaTrader 4, a platform many traders already know
- The mbcfx.com domain has been active since 2007, based on its own records
- Site claims customer service is available in more than 15 languages
Cons
- The British Virgin Islands FSC fined the firm $10,000 for an unlicensed business
- The same BVI regulator warned the public about this firm back in 2009
- No regulator anywhere currently lists MBCFX as a licensed forex broker
- The US NFA lists the related MBC Financial Services LLC as not a member
- WikiFX cites an Illinois record showing a linked MBC entity is deregistered
- The site design and copyright year look unchanged since around 2007
- Old trader reviews describe sudden spread changes that wiped out an account
MBCFX is an old trading brand. Its full name is Multiple Banks Clearing, also called MBC Financial Services. The mbcfx.com site has run since 2007, and claims forex, gold, silver, oil, and other markets through MetaTrader 4 and a platform called Currenex.
No major regulator lists MBCFX as licensed today. In 2009, the British Virgin Islands FSC warned that MBC Financial Services Ltd and Multiple Banks Clearing had no license there. It later fined the firm $10,000 for running an investment business without one. A related MBC Financial Services LLC is not an NFA member. WikiFX cites an Illinois record showing a linked MBC entity is now deregistered.
We could not confirm if MBCFX still takes new clients in 2026. Its website looks unchanged for years, and some pages do not load. We found no news about it from 2025 or 2026. Old reviews from 2014 describe sudden spread changes that wiped out an account. Treat MBCFX as unverified and high risk until it shows proof of a valid license.
Max Leverage
Not disclosed anywhere on the site
Spreads From
2 pips claimed on its old marketing pages, not confirmed
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
