MCC 6211: Security Brokers and Dealers
MCC 6211 is the merchant category code for security brokers and dealers. Visa, Mastercard, Discover, and American Express assign it to businesses such as brokerages, investment platforms, and trading services.
- Code
- 6211
- Category group
- Miscellaneous Stores
- Risk rating
- High risk
Which businesses use MCC 6211?
Acquiring banks assign MCC 6211 to merchants whose primary line of business is security brokers and dealers. Common examples include:
- Brokerages
- Investment platforms
- Trading services
Is MCC 6211 considered high risk?
Card networks and most mainstream processors classify this MCC as high risk. Approval usually requires a specialist acquirer, a rolling reserve, and chargeback monitoring.
How does MCC 6211 affect processing fees?
MCC 6211 determines which interchange category Visa and Mastercard apply to each transaction. Codes in the miscellaneous stores range share interchange programs, so two merchants with the same card mix but different MCCs can pay different wholesale rates.
Frequently asked questions
What does MCC 6211 mean?
MCC 6211 is the merchant category code for Security Brokers and Dealers. Card networks use it to classify transactions from businesses such as brokerages, investment platforms, and trading services.
Is MCC 6211 high risk?
MCC 6211 is generally rated high risk. Card networks and most mainstream processors classify this MCC as high risk. Approval usually requires a specialist acquirer, a rolling reserve, and chargeback monitoring.
Can a business change its MCC from 6211?
A business can request a different MCC through its acquiring bank. The acquirer reviews what the business actually sells and reassigns the code only if 6211 does not describe the primary line of business.