Score
MS
Australia|5-10 years| https://www.mforex.com/index.html
Website
Rating Index
Contact
Licenses
Licensed Institution：M6 Securities PTY LTD
License No.：000411841
Single Core
1G
40G
1M*ADSL
- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
Basic information
Australia
Scam Brokers 5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed MS also viewed..
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Website
mforex.com
Server Location
United States
Website Domain Name
mforex.com
Website
WHOIS.ENOM.COM
Company
ENOM, INC.
Domain Effective Date
0001-01-01
Server IP
104.20.121.28
Company Summary
Is MS a Scam？
- Scam Brokers List
MS has been listed on WikiFX's Scam Brokers list. The platform operates as a Ponzi scheme. Please be aware of the scam domains as follows: https://www.mforex.com
- Regulatory Concerns
MS claims to be regulated by the Australia Securities & Investment Commission and holds an Investment Advisory License. But this license is suspected to be a fake clone.
This means that MS is not validly regulated by any authority to provide financial services. Therefore, investors' funds in this company are unsafe.
- Scam Exposure
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there were 2 pieces of Cooper Markets exposure in total. I will introduce all of them.
Exposure 1. Withdrawal Issue
| Classification | Unable to Withdraw |
| Date | 2023-03-27 |
| Post Country | Ecuador |
The user invested in MS that initially paid her returns but ultimately faced issues during a withdrawal process. Eventually, it resulted in a failed attempt to access her funds. You may visit: https://www.wikifx.com/en/comments/detail/202303263322560505.html
Exposure 2. Withdrawal Issue
| Classification | Unable to Withdraw |
| Date | 2018-7-25 |
| Post Country | Hong Kong, China |
The user requested a withdrawal in October 2017 and was told it would be processed by April, but he has yet to receive the funds. You may visit: https://www.wikifx.com/en/comments/detail/208076093025809.html
Keywords
- Scam Brokers
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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