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No Regulation

mBank

Item: mBank
Rating: 2.32

5-10 years

Suspicious Regulatory License MT4 Full License Global Business High potential risk

Score

0 1 2 3 4 5 6 7 8 9

/10

MT4/5 Identification

Full License

Time Machine Website

Licenses

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

Warning: Low score, please stay away!

Previous Detection 2025-12-15

Risk Manage 1

Basic Information

Registered Region

Poland

Operating Period

5-10 years

Company Name

mBank S.A.

Company Website

https://www.mbank.pl/indywidualny

Related Software

Biz Area

Website

Company Summary

News

Wiki Q&A

Comment

MT4/5

Full License MT4

MT4 Servers

MT5 Servers

263.75

Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4

Perfect

Trading App

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Details

Official website

Website

mforex.pl
mbank.pl

Company Summary

mBank Review Summary
Founded	2000
Registered Country/Region	Poland
Regulation	Not regulated
Products and services	Investments, Savings, Forex, Stock Market, Pension, Currency Accounts
Demo Account	❌
Trading Platform	mBank Mobile App, Online Banking

mBank Information

Established in 2000, mBank is a Poland-based digital bank providing a broad spectrum of financial services for companies as well as people. Although its mobile and web interfaces are commended for their simplicity, it lacks sophisticated trading capabilities and international control, making it more appropriate for banking than for professional trading.

Pros and Cons

Pros	Cons
Wide range of savings and investment options	Not regulated
Well-designed mobile app and web platforms	Lacks demo features and religious-compliant (swap-free) options
Specialized accounts for different needs	Not suitable for advanced or high-frequency traders

Is mBank Legit?

mBank is not governed as a forex or CFD broker in its country of registration, Poland. It also lacks regulatory licenses from internationally known bodies including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC).

According to the WHOIS record, the domain mbank.pl was created on August 8, 2000, and most recently modified on November 25, 2024. Its current renewal date is set for August 7, 2026. The domain status is active, and it is secured with protections such as restricted transfers.

What Can I Trade on mBank?

Focusing on both personal and commercial needs, mBank provides a comprehensive spectrum of financial services and products. Its array of cards, multi-currency accounts, savings programs, and investment choices makes it appropriate for both retail and business consumers.

Category	Products/Services Offered
Investments	Pension, Investment Goals, Deposit with Fund, Funds, Stock Market, Forex
Savings	Savings Accounts, Deposits, Savings Goals
Accounts	Personal Accounts, Currency Accounts, Business Accounts
Cards	Account Cards, Credit Cards, Cards for mKonto Intensive
Learning & Planning	How to Start Investing, Retirement Planning, Investment Guidance

Account Types

mBank offers several types of live accounts tailored to various customer needs, though it lacks demo functionality and swap-free options for faith-based compliance.

Account Type	Description	Suitable For
Personal Account	Standard banking account for daily use	General retail users
Savings Account	Interest-earning account for long- or short-term savings goals	Individuals focused on building savings
Currency Account	Multi-currency account for holding and transacting in foreign currencies	Travelers and clients with international needs
Business Account	Business-oriented account with tools and features tailored for corporate banking needs	Entrepreneurs, SMEs, and large companies
eAccount (13–17 years old)	Youth account with promotional rewards and free BLIK transfers	Teenagers learning to manage finances
eAccount (18–24 years old)	Student/young adult account offering up to PLN 760 bonus and 7% p.a. on 3-month deposits	Students and young adults starting to save
mAccount Intensive	Premium account with up to PLN 860 bonus and 7.2% p.a. interest, includes access to a personal advisor	Professionals looking for premium features

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for What Kind of Traders
mBank Mobile App	✔	iOS, Android smartphones	Everyday retail users, mobile-first users
mBank Online Banking	✔	Web, Desktop	Users preferring browser-based access to banking and investments
MT4/MT5	❌	–	Not supported – platform not geared toward active forex traders

Keywords

5-10 years
Suspicious Regulatory License
MT4 Full License
Self-developed
Global Business
High potential risk

News

Exposure mBank Exposed: Top Reasons Why Customers are Giving Thumbs Down to This Bank

Do you find mBank services too slow or unresponsive? Do you find your account getting blocked? Failing to access your account online due to several systemic glitches? Can’t perform the transactions on the mBank app? Do you also witness inappropriate stop-level trade execution by the financial services provider? You are not alone! Frustrated by these unfortunate circumstances, many of its clients have shared negative mBank reviews online. In this article, we have shared some of the reviews. Read on!

2025-11-24 20:08

Wiki Q&A

S jonas

1-2 years

Is mBank regulated?

WikiFX Reply

mBank is not regulated as a Forex or CFD broker in its home country of Poland, nor does it hold licenses from major international financial regulatory bodies such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). While mBank operates as a digital bank, offering financial services like savings accounts, investment products, and currency accounts, it is not a regulated entity in the trading space. As a result, mBank is more suitable for individuals looking for traditional banking services rather than for those looking to engage in high-frequency trading or complex financial market activities. In my opinion, mBank’s lack of regulation in the trading domain makes it unsuitable for professional traders seeking a platform that provides the security of financial oversight and consumer protection.

Does mBank have any cons?

WikiFX Reply

The most significant disadvantage of mBank is that it is not a regulated broker and does not offer the necessary trading features required by active traders. It lacks the ability to trade Forex, CFDs, or other financial instruments on platforms like MT4 or MT5. Additionally, mBank does not offer a demo account or swap-free accounts, which can be a major drawback for traders seeking to test their strategies or those looking for faith-based compliant trading options. For someone like me, who is looking for an active trading experience with robust features and regulatory oversight, mBank would not be the ideal choice. However, for those seeking straightforward banking and investment services, mBank offers solid options.

What are the pros of using mBank?

WikiFX Reply

One of the main advantages of using mBank is its wide range of banking and investment options, making it suitable for individuals seeking traditional financial services. The mobile app and online banking platforms are well-designed and user-friendly, making it easy for customers to manage their finances on the go. mBank offers tailored account types such as personal, savings, currency, and business accounts, which cater to various financial needs. Additionally, mBank provides tax-friendly savings products, including pension accounts and investment goals, which can be beneficial for long-term planning. From my perspective, mBank’s strengths lie in providing easy-to-use platforms for managing personal finances and investments, but it does not meet the needs of traders looking for Forex or CFD trading features.

Can I open a demo account with mBank?

WikiFX Reply

mBank does not offer a demo account for trading purposes. Since it is primarily a banking platform, it lacks the necessary features for trading practice, such as demo accounts for Forex or CFDs. This makes it unsuitable for traders looking to test their strategies before investing real capital. If you're looking for a demo account to practice trading, I recommend seeking a Forex broker that provides demo accounts with access to platforms like MT4 or MT5.