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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

MOTONGFX

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.motongfx.com/

Website

Rating Index

Contact

support@motongfx.com
https://www.motongfx.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
China
Operating period
2-5 years
Company Name
MOTONGFX LIMITED
Abbreviation
MOTONGFX
Company employee
--
Customer Service Email Address
support@motongfx.com
Company website
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Tay1

Turkey

look profile. look the photos It's a fradulent platform, all they want you t o do is put in more money, which at the end you get nothing, am a victim, they also.let b ots run trades for you without your consent just to manipulate your funds.

Exposure

2022-09-04

FX5743883

United States

Even if you try trading short-term, which is extremely manipulative, you will find yourself to blame once you have entered the trade with Montongfx. A stop loss at of no where will be implemented if the asset reaches a specified distance from the target, whether or not it hits the stop loss price, and all long-term transactions are closed out if you are earning a big profit. i cyber networking with Assetsclaimback. com, which passed investment law policy, they held my money hostage until that happened be careful most of this invesiment platform are scam, their digital fingerprints will soon be exposed.

Exposure

2022-09-04

FX1184426761

Thailand

I have 552 826.83 USD in my account but I want to withdraw only 1000 USD, I can't withdraw it. Plus saying that you have reserved a platform for accumulated top-up activities. to prevent users from withdrawing and recharging to get platform bonuses. We are temporarily unable to manage your withdrawal business. But when informed that they have never booked or participated in the activity It told me to top up 5000USD and reduce it to 2000USD, can anyone help? Please coordinate with this brochure. For anyone who is playing this broker, quit it. It's definitely a scam because I can't withdraw even 1000 dollars.

Exposure

2022-05-05

FX1184426761

Thailand

I invested in foreign exchange with this broker on Mar. 3, 2022. I was advised to invest in this broker and withdraw. I had traded and withdrawn twice. I invest aagain after it is avaliable to withdraw, but I seem unable to withdraw after making a lot of profit. They claim that the security level of my account is low. I need to deposit first. After that, the account is able wo withdraw. Please help. My account has 377984.81 USDT, but I cannot withdraw a peeny. Please help me.

Exposure

2022-04-21

Win So Han

South Korea

Notify me to withdraw money and tell me to close for maintenance, and must wait for 24 hours or 48 hours. Some rounds after withdrawing money, they tell me that you have made too much profit so you have to pay 30% tax before you can withdraw. The money is frozen by the broker now. I want to ask for help, I have to owe a lot of money.

Exposure

2022-04-03

Win So Han

South Korea

Informed to withdraw money and can't withdraw, he said that I had to pay 30% tax first. Concluded that I was cheated.

Exposure

2022-04-01

FX2779893132

Thailand

Someone suggested trading with this broker. I have transferred money for the first time for 1 hundred thousand baht and have traded as soon as he got the bracelet. I thought to withdraw it, but can't withdraw It. It allows you to transfer money into an additional about 110000 baht to withdraw.

Exposure

2022-03-30

FX2500189376

Canada

Motongfx are just very terrible set of experts who seem to be very good with their tricks. I observed some due diligence before investing with Motongfx but guess what ? I ended up getting burned. My concerns started when I tried withdrawing some money to purchase a tractor for my farm. I discovered I was not able to make any withdrawals.I sent several mails to their compliance lady but to no avail.

Exposure

2022-03-07

FX8424197002

Thailand

I recently traded mt5 stocks through a broker. MOTONGFX limited server has agreed to use promotions for new players, deposit $12000 and get $1288 bonus, no deal at all. When I deposit, the service has transferred the bonus to me in mt5. On 19/2/2022, I would like to withdraw money on my birthday. There seems to be a long wait for funds to be withdrawn from the service. I didn't go to Binance, I asked the service department again, they said I couldn't withdraw the money, the money was 0usd, my money was gone, and the service department didn't answer? ? ? ? I can only answer that I need to add more money. Friends who want to cancel the discount need to recharge more than 3000usd to withdraw. I feel cheated. There are many withdrawal rules.

Exposure

2022-02-28

FX8424197002

Thailand

The broker has a promotion for new customers. That is, top up and get a bonus. when i got the bonus I want to withdraw money to use on my birthday can't withdraw Informed that need to add more money Cancel the promotion, you need to top up more. which the stated agreement of the promotion does not tell the customer to the withdrawal limit promotion cancellation Now my MT5 account funds 0 usd, I feel cheated, exploited, tempted to deposit more so I want my withdraw.

Exposure

2022-02-26

Wendy Hou

Australia

Request to withdraw money, although the amount has been deducted from your account, but it will never arrive in the account. I contact customer service and they make excuse of time difference between the account and the platform, and then send a letter saying that you are suspected of money laundering and request an additional deposit of $18,000 within the time limit to prove that it is you account, otherwise your account will not be available, and you will never want to withdraw a cent of the tens of thousands of dollars you have deposited before. If you contact customer service again, you will always be in a busy state.

Exposure

2022-02-10

Chris Young

Thailand

They won't allow me to withdraw. They said I'm may involve with laundry money activity

Exposure

2022-02-08

FX1696860125

United Kingdom

I am trading xauusdt through Motong on MT5. After a while, the platform cannot be logged in. I contact customer service and ask for withdrawal, but they never respond. I hope you can mediate for this problem. Thank you very much!

Exposure

2022-02-04

Wendy Hou

Australia

After openning an account introduced by netizens and depositing, and completing the promotion activities, the withdrawal could not be made normally. After the withdrawal request was issued, I kept contacting the customer service staff for inquiries (URL: https://chatlink123.meiqia.cn/widget/standalone.html?eid=3688efeec4f24eb5de57c378409f6e21&language= en) After more than 20 hours, I still could not receive the funds, but I received an email from motongFx willam0079@crmt4.com. I was accused of money laundering. They will deduct 10% of account funds every day if I did not make a deposit of 18000 dollars to verify my account, (see attachment). The fraud platform clearly embezzled customer funds. Resulting in my direct financial losses as high as hundreds of thousands of dollars. Only here to warn other investors not to be fooled

Exposure

2022-02-01

Mate52402

Thailand

The customer service tells them that the required amount must be top-up. After filling up and withdrawal, I was accused of laundering, and the account was locked. I must top-up 5% of the balance in the system. If not do it in the specified period, I have to pay an additional 20%, making it impossible to withdraw.

Exposure

2022-01-29

15
Website
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Website

  • motongfx.com

    Server Location

    Hong Kong

    Website Domain Name

    motongfx.com

    Server IP

    180.215.217.245

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