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MDF

Operating status: SCAM

Website: https://www.moneygiantfunding.org/

Broker violations and abnormal records
  • Aug 17, 2022 BrokersView has Reviewed that MDF is an Unregulated Forex Broker

    MDF is not a reliable broker for traders even though it states offers that look good to be true. MDF claims it was established in 2018. But when we checked its domain, we found it was created in 2021. So how could it start its business in 2018? It is a red flag here.

    Besides, MDF shows its company address is in the United Kingdom. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to MDF in FCA. That means MDF is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.


    MDF is not a reliable broker for traders even though it states offers that look good to be true. MDF claims it was established in 2018. But when we checked its domain, we found it was created in 2021. So how could it start its business in 2018? It is a red flag here.Besides, MDF shows its company address is in the United Kingdom. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to MDF in FCA. That means MDF is not under valid regulation to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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