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Majest Trade

Operating status: SCAM

Website: https://majestrade.com/en/

Broker violations and abnormal records
  • Oct 25, 2022 BrokersView has Reviewed that Majest Trade is an Unregulated Forex Broker

    Majest Trade is not a reliable broker for traders even though it states offers that look good to be true. Majest Trade claims to be owned and operated by Venture LTD. a company registered with the Marshall Islands Registry (IRI) with registration No. 196960. We indeed find a match result to Venture LTD in IRI, but the registration number of this company is 25018. What's more, the company's registration status was annulled. Besides, Marshall IRI does neither issue licenses for forex trading nor regulate entities engaging in forex trading. The truth is, Majest Trade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Majest Trade is not a reliable broker for traders even though it states offers that look good to be true. Majest Trade claims to be owned and operated by Venture LTD. a company registered with the Marshall Islands Registry (IRI) with registration No. 196960. We indeed find a match result to Venture LTD in IRI, but the registration number of this company is 25018. What's more, the company's registration status was annulled. Besides, Marshall IRI does neither issue licenses for forex trading nor regulate entities engaging in forex trading. The truth is, Majest Trade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.