MFCapitalFX Review : Fees, Pros and Cons, Reviews by Real Traders

MFCapitalFX

Operating status: SCAM

Website: https://mfcapitalfx.com/

Broker violations and abnormal records

Oct 25, 2022 The Germany BaFin Added MFCapitalFX into Its Warnings
On 26 Oct 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that MFCapitalFX did not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_2022_10_24_MF-Capital_en.html;jsessionid=3C0E977F8CF65BA9C824EC4AF4841277.1_cid500

On 26 Oct 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that MFCapitalFX did not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_2022_10_24_MF-Capital_en.html;jsessionid=3C0E977F8CF65BA9C824EC4AF4841277.1_cid500
Oct 30, 2022 BrokersView has Reviewed that MFCapitalFX is an Unregulated Forex Broker
MFCapitalFX claims to be regulated by the Germany Federal Financial Supervisory Authority (BaFin). However, the regulator warned that MFCapitalFX did not have authorisation under the KWG to conduct banking business or provide financial services.
The truth is that MFCapitalFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

MFCapitalFX claims to be regulated by the Germany Federal Financial Supervisory Authority (BaFin). However, the regulator warned that MFCapitalFX did not have authorisation under the KWG to conduct banking business or provide financial services. The truth is that MFCapitalFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Nov 24, 2022 The Italy CONSOB Added MFCapitalFX into Its Warnings
On 25 Nov 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that MFCapitalFX was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-25-november-2022/718268

On 25 Nov 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that MFCapitalFX was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-25-november-2022/718268

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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.

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