Mubasher Trade

MubasherTrade is an international multi-asset brokerage service operated by Mubasher Financial Services BSC (MFS), which is licensed as a Category 1 investment business firm by the Central Bank of Bahrain. The firm was established in 2006 and is headquartered in Manama, Bahrain, with additional offices in Dubai, Jordan, and Riyadh. Mubasher Financial Services is a subsidiary of the National Technology Group (NTG), a Saudi conglomerate with annual revenues exceeding $500 million. The broker operates under the domain mubashertrade.com and primarily serves clients in the Middle East and North Africa (MENA) region, providing access to global equities, funds, and derivatives markets.

Despite being regulated by the Central Bank of Bahrain, our records indicate that no specific regulatory licence details were available for Mubasher Trade at the time of this review. However, the official website prominently claims Category 1 licence status and references its parent company's substantial financial backing. The broker has been in operation since at least 2019, offering trading services to both retail and institutional clients.

Mubasher Trade advertises regulation by the Central Bank of Bahrain (CBB) as a Category 1 investment firm. This classification typically allows the firm to deal in investments and manage discretionary accounts. The broker states that it uses 128-bit encryption for its MetaTrader 4 platform and emphasises secure wire transfer funding. Client funds are likely held in segregated accounts as per Bahraini regulations, though specific details are not provided on the website.

It is worth noting that the broker's official domain and contact details align with the registered address in Bahrain. The presence of a dealing room and dedicated client services suggests a legitimate operational structure. However, independent verification of the regulatory licence on the CBB's public register is recommended for traders seeking additional assurance.

MubasherTrade offers a suite of proprietary and third-party platforms. The proprietary platforms include MubasherTrade Web (a browser-based interface), MubasherTrade Pro 11 (likely a desktop application), and MTrade Plus (perhaps a mobile or simplified version). Additionally, the broker provides MetaTrader 4 (MT4), a widely used platform for forex and CFD trading. MT4 features include free download, demo account, real-time quotes, customisable charts, and 128-bit encryption. The broker claims that the platform conceals the trader's IP address, which may appeal to privacy-conscious users.

According to the website, all platforms offer multi-exchange access and support trading seven days a week. The availability of a demo account allows users to test strategies without financial risk. The broker positions itself as a technology-driven service, aiming to simplify global market access.

The broker provides access to a broad range of asset classes across numerous global exchanges. For equities, clients can trade stocks on MENA exchanges including those in the UAE (DFM, ADX, NASDAQ Dubai), Saudi Arabia (Tadawul), Bahrain (BSE), Kuwait, Qatar, Oman, and Egypt. International equities from the US, UK, and Europe are also offered. Beyond equities, MubasherTrade lists funds and derivatives, with the latter likely including futures and options. The broker's website specifically mentions trading derivatives alongside forex via MT4.

Market coverage is extensive in the MENA region, combining direct market access (DMA) for local exchanges and access to international markets. The broker states that 10 of the 13 largest financial institutions globally use Mubasher to execute orders on MENA stock markets, highlighting its institutional clientele. Retail traders can benefit from the same infrastructure, though specific details on leverage or margin requirements are not publicly listed.

MubasherTrade does not explicitly list account tiers on its website, but pricing information for equities is provided per market. Commissions vary by country and currency, with minimum and maximum charges applied. For example, trading UAE equities in AED incurs a minimum commission of 75 AED at a variable rate of 0.275%, plus a 10 AED market fee. Similar structures exist for other currencies like KWD, QAR, OMR, BHD, SAR, and EGP. International markets may have additional taxes or levies, such as UK stamp duty.

The broker appears to offer a single unified account for multi-market access, rather than separate accounts for different asset classes. A demo account is available for practice. Funding is restricted to wire transfers; cash deposits are not accepted. Withdrawal methods are likely also via bank transfer, though detailed policies are not published on the site.

Client support is available through multiple channels: phone (including English-speaking lines), email, live chat, and a ticket system. The broker maintains a dealing room for trade execution assistance. Physical offices are located in Bahrain (headquarters), Dubai, Jordan, and Riyadh. Support hours are not specified, but the dealing room phone numbers suggest extended coverage during trading hours.

Educational resources are limited; the website does not feature webinars, tutorials, or market analysis sections. The broker primarily markets its execution capabilities and platform features. A FAQ section covers basic topics like funding and account opening. For traders who require extensive educational material, this may be a drawback.

Mubasher Financial Services was founded in 2006 and is owned by the National Technology Group (NTG), a diversified Saudi conglomerate. NTG's reported revenues over $500 million lend credibility to the broker's financial stability. MubasherTrade primarily serves institutional investors but also welcomes retail clients. The broker's longevity and parent company backing suggest a solid operational history.

However, the broker's FXCanary Scam Risk Score of 45/100 (Guarded) indicates some caution is warranted. This score may reflect the lack of independently confirmed regulatory records and the broker's relatively low profile in the retail forex community. Traders are advised to conduct their own due diligence, including verifying the CBB licence and reviewing client feedback from independent sources.