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MTrading
Operating status: SCAM
Website: https://mtrading.com/
Broker violations and abnormal records
MTrading is only claimed to be registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. In reality, this registration merely grants it International Business Company (IBC) status, which does not constitute a valid financial license. Furthermore, the SVG FSA has publicly stated that it neither regulates nor licenses forex trading activities.
Besides, MTrading does not appear to hold any legitimate brokerage license. Therefore, we believe that MTrading may operate as a scam and pose high risk to its investors.
MTrading is only claimed to be registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. In reality, this registration merely grants it International Business Company (IBC) status, which does not constitute a valid financial license. Furthermore, the SVG FSA has publicly stated that it neither regulates nor licenses forex trading activities. Besides, MTrading does not appear to hold any legitimate brokerage license. Therefore, we believe that MTrading may operate as a scam and pose high risk to its investors.
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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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