MokFX Global Review : Fees, Pros and Cons, Reviews by Real Traders

MokFX Global

Operating status: SCAM

Website: https://myforexp2p.com/

Broker violations and abnormal records

Jun 26, 2022 Brokersview has Reviewed that MokFX Global is an Unregulated Forex Broker
MokFX Global claims to be a regulated broker under double regulation including the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the United States National Futures Association (NFA). But the FINTRAC is not an authority that issue licenses for forex trading or regulate forex services.
Moreover, we searched the NFA and found a matching result. However, MokFX Global is not under valid regulation by NFA since it is not an approved NFA member.
That means MokFX Global 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.

MokFX Global claims to be a regulated broker under double regulation including the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the United States National Futures Association (NFA). But the FINTRAC is not an authority that issue licenses for forex trading or regulate forex services. Moreover, we searched the NFA and found a matching result. However, MokFX Global is not under valid regulation by NFA since it is not an approved NFA member. That means MokFX Global 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 17, 2022 BrokersView has found that MokFX Global is not working
BrokersView found the domain "https://myforexp2p.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://myforexp2p.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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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.