MRCMarkets.com Review

1.615 • 7 REVIEWS
Out of business
Updated: Apr 13, 2022
MRC Markets is a forex broker. MRC Markets offers the MT 4, MT 5, and MetaTrader Mobile fx trading top platforms. MRCMarkets.com offers over 120 currency pairs, binary options, gold, silver, oil, and gas for your personal investment and trading options.

Other websites of this company include MoneyRain.org (now closed)

Website is down. Company seems to be out of business.
MRCMarkets.com
Out of business
1.615 • 7 REVIEWS

Recent User Reviews of MRCMarkets.com

S
SHANMUGAM GOVINDASAMY
VELLORE, TAMILNADU, India,
Mar 7, 2015,
Guest

I had opened a account with MRC Markets in 2011. During trading huge slippage and I got huge loss I got fedup and stopped Trading. From 2014 onwards I repeatedly asking my User ID along with my Scanned Documents Nobody is responding. Still I have Account Balance of USD850. They are simply a frauds. Please Don't invest with those frauds
S
Stephan Flick
Munich, Germany,
Aug 8, 2013,
Guest

I've been trading with MRS for last 2 years and currently have no complains, everything seems fine. My trading account is relatively small in international trading terms (just few K eur), but relatively large compared to traders from non-developed countries. I found few review below from traders from India who complain that they have poor trade execution. I beleive that poor and slow execution happens only on small account, on such account where broker just unable to execute trade on inter-bank market. But for serious accounts like ECN account I can ensure everybody that execution is fast, stable and reliable. So overall MRC broker performance I can evaluate as a "solid level", there is nothing special with their offers but no weak side as well.
J
JOHN
NASHIK, India,
May 9, 2013,
Guest

BE ALERT FROM SCAM
1. They will not let you trade during high impact news. They will show you market closed or trade disabled message.
2. There is a SL/TP touch problem. Sometimes I found that my SL got hitted suddenly. But in other broker's MT4 I found that price didn't went there. They will manipulate 3-4 pips to close your trade in SL.
3. Sometimes the execution is too slower. In news time they try their best to stop you from trading in positive side. Try trade in negetive market sentiment, trade will open in a second. Such a scammer.
4. Sometimes when I tried to close my trade in profit, it shows me market is closed. I have no idea how market can be closed in Tuesday.
5. They are a dealing desk. not STP broker.
6. Sometimes they freeze the platform.
7. I experienced high slippage.
8. Withdrawal was okay, but when I withdrew my full fund, they made delay to pay it.
9. They are not FSA Regulated broker, but their IB's used to say people they are FSA Regulated.
R
roney jose
kochi, kerala, India,
Dec 10, 2012,
Guest

MRC is a perfect bucket shop broker opened to scam and cheat clients.I had an account 1 year back.when i was loosing everything was fine.When I started winning things changed as with all bucket shop scam brokers,they increased the spreads sometimes upto to 30 pips.when I contacted them for a feedback the reply was interesting."we dont have any problem with any particular styles of trading however we discourage scalping as this complicates the dealers work.Hence we urge you to change your style of trading and the spread will come back to normal" When I asked them to differentiate scalping and normal trading they gave another BS explanation."There is no specific definition for scalping however a 150 pip profit on EUR/USD would not be called a scalping". I just took out my money and ran.I urge all traders not to open an account with this broker even during the learning phase coz there are umpteen number of better brokers out there.
J
James
Sydney, Australia,
Mar 20, 2012,
Guest

Ok Traders you have been warned. Stay away from MRC total scam broker. They are quick to take your money but when it comes to withdraws they tell you later you cant, have to wait 30 days. They have the worst spreads that i can recall anywhere. EU AU GU +10 pips on live accounts. Support email does not reply with your concerns. This firm should be reported and shut. Manipulate your MT4 so you cant close profitable positions. Bucket SHOP broker.
A
Arkadii Zagorulko
, Ukraine,
Feb 16, 2012,
Guest

The name of heading of a theme corresponds on all of 100 % About what you can it will be convinced having read up my theme up to the end.
http://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/18064-langtitle-ru-broker-thinks-out-what-isnt-present-contract-mrc-langtitle.html#post78003

2011-12-08 1 Star I have opened account #45689735 on the name in company MRC Markets (http://www.mrcmarkets.com/), and deposit it on 100 USD. After deterioration of trading conditions (the spread 32 points) has decided to deduce money. The companies has requested two documents proving the identity, notarially assured both officially translated, and two documents certifying the registration, also notarially assured and officially translated. Though in the contract it has not been told that the company will demand four documents officially assured by the notary. I have not executed this requirement, as it is not meaningful, services of the notary will manage to me more expensively my deposit, being guided by the accented trading agreement, point 11 which says that the agreement can be terminated at any time, if claims to me from the company are not present, (I have a letter from the company in which is told that claims to me are not present) and the sum of the deposit will be returned on my bank account, has decided to terminate the agreement. Except as presence of claims for not return of my replenishment to the contract is not present anything. But the company on the former does not deduce means, referring to universal practice. Though I resulted examples of that in universal practice the documents assured by the notary for withdrawal do not demand, the scanned copies demand only. And I have sent the scanned copies of documents, also I spend withdrawal by the same a way as deposit, and there is a possibility to deduce means for my bank account for my name.
Having seen responses at various forums, I have understood that I not the first who refuse the deposit as four notarially certified documents, and their transfer to Austria, often costs more expensively the deposit.
My deepest apologies if to demand, already after the account is opened and accessible to trade, - to assure four documents at the notary and to send originals mail though it is not specified in the contract, and universal practice demands only scanned copies.
T
Takahiro
Japan,
Jan 9, 2011,
Guest

They finally transfered all money to my bank account.
However the spread is still wider than a few month ago.

Execution speed is slow and the rate indication is strange.
I don't recommend this broker if you want to trade as formal one.

2010-12-17 2star I opened a real account about six month ago.
When I started the trade with them, the spread was very tight below 1pips EURUSD.
However I realized the spread is getting wider about 10pips EURUSD these days.

I tried to withdraw from MRC but no response more than 10 days.

They must be a scam!!!
Please help me FPA!!! There is still about 28K$ on my account!