Makacointrading has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After using Makacointrading since mid-2025, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Risk management tools|Two-factor authentication|Helpful community forum
Cons: Research section could be deeper|Live chat only during business hours
After since I opened my account last year with Makacointrading, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Copy trading available|Social trading features|Multi-currency support
Cons: Help articles are sometimes vague
I lost a significant amount because Makacointrading did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Segregated accounts|Risk management tools|Comprehensive tools|Dividend tracking
Cons: Help articles are sometimes vague
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Makacointrading is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
I wanted to transfer my portfolio from another broker to Makacointrading. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Segregated accounts|Multi-device support
Cons: Mobile app could be improved|Nothing significant
Where do I even begin with Makacointrading? since the beginning of the year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Good mobile app|Fast deposits|Detailed reporting
Cons: Could offer more webinars|Limited social trading features
I requested my data from Makacointrading under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Transparent fees|Segregated accounts|Economic calendar
Cons: Minor UI glitches occasionally
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Makacointrading has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database
After spending since mid-2025 trying to make Makacointrading work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Social trading features|Automated trading options|Clear documentation
Cons: Help articles are sometimes vague
KYC with Makacointrading is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Automated trading options|Real-time alerts|Competitive fees
Cons: Minor UI glitches occasionally|Limited social trading features