Stable execution and clean reporting, but onboarding took time

Name: Stable execution and clean reporting, but onboarding took time
Item: Mashreq Securities
Rating: 4
Author: Rohan Kulkarni

I’m Rohan from Pune and I’ve been using Mashreq Securities for about 6 months for mostly USD pairs and some index CFDs alongside my other accounts. The platform experience has been stable for me—orders go through without surprises and the trade history/reporting is clear, which I really value at tax time. My only real frustration was the onboarding/KYC phase. Nothing shady—just a lot of back-and-forth with documents and a couple of small clarifications that stretched the timeline more than I expected. After the account was live, things were smoother. Deposits have been reliable, and withdrawals have arrived, but not always as fast as I’d like (I plan for an extra business day or two). Support is polite and generally helpful, though sometimes I need to follow up to get a final confirmation. Overall: a solid, professional-feeling broker for my style, with room to streamline setup and turnaround times.

Experience: 6 months
Country: India
Account type: Standard
Deposit experience: 4/5
Withdrawal experience: 3/5
Support rating: 4/5

More reviews of Mashreq Securities

Sanjay SharmaUnverified

6 months

Smooth onboarding and stable platform, but charges could be clearer

I’m Sanjay from Chennai and I’ve been using Mashreq Securities for about 6 months mainly for FX majors and a few CFDs. Account opening and KYC were straightforward and the trading platform has been stable for me during normal market hours. Order execution feels consistent on market orders, and I like that the statements and reports are easy to download. What I’d like improved is the fee/charge visibility. I ran into small surprises around conversion/processing costs when moving funds between currency balances, and it took some digging to understand where it was coming from. Nothing alarming, just not as transparent as it could be. Support was polite and eventually clarified it, but I’d prefer a single clear fee page with examples. Overall, I’m comfortable continuing, especially for basic trading and keeping things simple.

Read full review

Fatima KhanUnverified

6 months

Smooth onboarding and reliable execution for my swing trades

I opened a Standard account from Abu Dhabi and the onboarding process felt straightforward, with clear emails and a checklist that made it hard to miss anything. I mostly trade major FX pairs as swing positions, and order placement/execution has been stable for my style. Deposits were credited without drama and the transaction history is easy to reconcile with my bank notifications. Withdrawals worked, but the timing wasn’t always consistent—one request landed quickly while another took a bit longer than I expected, even though it still arrived. Support has been polite and practical. I didn’t get copy‑paste answers, and when I asked about fees and cut-off times they explained it in a way that actually matched what I later saw in my account. Overall I’m satisfied, with a small note that payout timelines could be more predictable.

Read full review

Neha GuptaVerified TraderUnverified

6 months

Smooth onboarding and stable platform, but fees could be clearer

I’m Neha Gupta from Delhi and I’ve been trading mostly major FX pairs and a little gold. Opening the account was straightforward and the KYC checks felt standard. The platform has been stable for me during London and early US sessions, with no major freezes. Deposits were credited quickly and the overall experience feels professional. My only issue is that the fee/charge breakdown wasn’t always obvious inside the app/portal, so I had to double-check statements to understand the final costs. Support was polite and replied within a day when I asked about account settings. Overall, I’m satisfied and I’d keep using it, but I’d like more transparent, itemized fee info before placing trades.

Read full review

Vikram SharmaVerified Review

6 months

Stable execution, but onboarding took a bit of back-and-forth

I’m Vikram from Kolkata and I opened an account mainly to keep my FX trades more structured. Overall the experience has been professional. Orders go through cleanly during normal volatility and I haven’t faced random platform freezes. What slowed me down was onboarding/KYC. I had to resubmit one document because the first upload wasn’t clear, and the status updates weren’t very transparent. Once approved, things became smooth. Deposits have been reliable for me, and withdrawals were successful, but not as fast as I expected (took a couple business days and I had to double-check the cutoff times). Support replies were polite and helpful, just not always instant. Good for steady trading, but they could improve the account opening workflow and provide clearer timelines for withdrawals.

Read full review

Stable execution and clean reporting, but onboarding took time