On January 24, 2025, the Italian Companies and Exchange Commission (CONSOB) ordered Morgantrust to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-24-january-2025/718268

Morgantrust claims to be a broker regulated by the following authorities or in the below jurisdictions:

1) The Securities Exchange Commission (SEC) in the US with company number 2024165367;

2) The Financial Crimes Enforcement Network (FINCEN) with MSB 31000282081314;

3) In Singapore with license number 201836879H;

4) The Cyprus Securities Exchange Commission (CySEC) with number 139/11;

5) The Italian Companies and Exchange Commission (CONSOB);

6) The Financial Conduct Authority (FCA) with license number 02737458;

7) The Securities Commission of The Bahamas (SCB) with license number SIA-F218.

However, our investigation suggests that all the above are false regulation claims. This is a major red flag. The CONSOB has ordered the website of Morgantrust to be shut down for illegal operations.

In essence, Morgantrust is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  Morgantrust appears to be a scam. 

BrokersView found that the domains "https://www.morgantrust.ai/#/home; https://web.morgantrust.ai/#/home" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.