MB Alliance offer our clients with different account options depending on the client’s needs.
We pride ourselves in offering only the best services and customer support to our clients.
MB Alliance work with a global network of international banks and financial institution to provide our clients with effective and time efficient deposit and withdrawal process.
|Base Currency Option||USD||USD|
|Minimum Account Opening||$ 10||$ 100|
|Contract Size 1 Standard Lot||100,000||100,000|
|Type of Spread||Variable||Variable|
|Minimum Spread USD||1.3 Pips||1.3 Pips|
|Leverage||Min. 25:1 and Max. 500:1||Min. 25:1 and Max. 500:1|
|Min. and Max. Lot Size per Ticket||0.01/20.0||0.01/20.0|
|Commission per 1 Standard Lot per side||Free||Free|
|Overnight Swap Charge||Low||Free|
|Margin Call and Stop Level||90%/20%||90%/20%|
*Terms and conditions apply.
**Commission charge applied for some instrument.
Classic account will gain access our wide range of services including, global network of international banks, financial institution liquidity, as well as 24 hours 5 days a week customer support. Base currency will be in USD with a minimum deposit of only $10.
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Amanah account also known as Forex Islamic Account are “swap-free” accounts. As implied, there are no swap or rollover interest on overnight position, which is against the Islamic faith. This account option is offered to clients following the Muslim Faith.
Our Amanah account types differ greatly from those generally offered by other forex brokers. The difference lies in the fact that unlike most forex companies who substitute additional fees by widening the spread on Islamic accounts, We imposes no additional charges.
In order to abide by the religious law of Islam, traders of Islamic belief are forbidden to pay interest. However, if the interest charge is transferred to a different type of fee, it is basically still a charge that covers the interest. This is also known by the name of swap-free in disguise. MB Alliance is firmly against such practices as it opposes to fair and ethical trading conditions.