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Am I scammed by MTrading?
N Haynes
Vietnam
2024-11-06
ANSWER Dear Investor,We understand the distress and frustration this issue may have caused you. We looked into MTrading and are seriously concerned about its legitimacy, as it is not considered a licensed broker.MTrading relies solely on its claimed registration with the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA) to demonstrate its legitimacy. However, there are two major points to watch out for: firstly, the SVG FSA is a financial authority in an offshore area, providing lax supervision and minimal protections. Secondly, this agency has clarified that forex trading brokerage activities are not licensed or regulated there. Without any other valid financial licenses, MTrading's credibility is significantly questionable.Since your case spans different countries, we suggest reporting it to both the SVG FSA and your local authorities, although the offshore watchdog does not regulate forex trading. We also encourage you to file a complaint on our platform https://www.brokersview.com/complaint. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution.
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Hi, it MTrading regulated ?
Steve
Pulau Marshall
2022-09-05
ANSWER MTrading is not a licensed or regulated broker even though it states offers that look good to be true. MTrading claims it is a trading name of ServiceComsvg LLC, a company regulated by the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with company number 1593 LLC 2021.Regarding the SVG FSA, we'd like to remind traders that SVG FSA does neither issue licenses for forex trading nor regulate international companies and brokers engaging in forex activities.We keep on reminding traders to be wary of offshore brokers in SVG FSA as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.
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Peringatan Risiko:

Trading FX berisiko tinggi dan mungkin tidak cocok untuk semua investor. Leverage akan menimbulkan risiko dan kerugian tambahan. Sebelum melakukan trading, mohon pertimbangkan dengan cermat toleransi Anda terhadap risiko, tingkat pengalaman, dan tujuan investasi Anda. Anda mungkin kehilangan sebagian atau seluruh investasi awal Anda; jangan berinvestasi di luar kemampuan Anda. Edukasi diri Anda sendiri tentang risiko terkait trading FX. Jika Anda memiliki pertanyaan, silakan berkonsultasi dengan penasihat keuangan atau perpajakan independen. Semua data dan informasi disediakan "sebagaimana adanya" dan hanya untuk tujuan informasi, bukan untuk trading ataupun rekomendasi. Kinerja masa lalu bukanlah prediksi akan hasil di masa depan.

Disclaimer:

Data yang terdapat dalam situs web ini mungkin tidak real-time dan akurat. Data dan harga di situs ini tidak mesti disediakan oleh pasar atau bursa, tetapi mungkin disediakan oleh pembuat pasar, sehingga harga mungkin tidak akurat dan berbeda dari harga pasar yang sebenarnya. Yaitu, harga ini merupakan harga indikatif hanya untuk mencerminkan tren pasar, dan tidak menguntungkan untuk tujuan trading. Penyedia data yang terdapat dalam Situs Web tidak bertanggung jawab atas kerugian apa pun yang Anda alami sebagai akibat dari aktivitas trading Anda atau ketergantungan pada informasi yang terkandung dalam Situs Web.