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MFC Market Review
MFC Market is a forex broker that claims to help its clients to earn a steady passive income. The company claims to have a free demo account and free educational material to get you acquainted with trading. Unfortunately, this offshore broker is only interested in the client’s deposit and does not have evidence of trading activity. Invest with the best forex trading companies where trust and transparency are key.
MFC Market is a company that claims to be trading cryptocurrency, shares, forex, and indices. The platform states that it has helped several investors to attain their dream. The entity is innovative, reliable and simple to use.
They have a free demo that investors can use to boost their trading skills. Once you sign up, you can immediately start trading. It is offering 53 currency pairs, an ESN platform, and 5 commodities. The platform claims that it has quality innovative trading tools.
MFC Market guarantee investor that they will be trading with confidence. They assign personal account managers to guide their clients. Moreover, the platform state that that party oversees the withdrawal of the trader’s funds.
The company is also offering free educational resources. You can also increase your chances of earning more by becoming an affiliate marketer. Inviting other people to trade with this broker allows you to earn bonuses.
Unfortunately, this offshore company will eventually exit the market, leaving investors high and dry. The company has 6 investment account that investors can choose from. Additionally, the live support operates 24/5.
MFC Market requires investors to open an account with them, verify the information they have provided, deposit money and then start trading. It sounds like an easy and fair process to your financial freedom. Sadly, once you deposit funds with this broker, you might end up regretting it.
The company is unprofessional since they live out essential information regarding their operation. Legit forex trading brokers will avail all the necessary information that investors need to gain trust. Reputable platforms as transparent.
MFC Market proclaims that it uses MT4 trading for the platform. However, this does not mean that the broker is worth your trust. There are better companies that you can use. Additionally, this interface is not deployable to just any basic venture.
The account managers which this platform brags about are ghost workers. This is because no information reveals their identity. Furthermore, traders are trusting anonymous people with their money without knowing their qualifications.
The company does not have any trading history. Additionally, the way this venture is operating is shady a suspicious. The lack of information on their website is a major red flag. There are multiple better forex brokers in the market that you can utilize in your online investment venture.
MFC Market has an expensive investment account. The basic package requires a credit deposit of 2499 Euros. It is contradictory to know the other investment plan’s range because the same figures appear in all the accounts.
The company is an extortion system that charge way beyond the average market standard. Unfortunately, information regarding the payment method is missing. However, it is common for scammers to use a payment method that does not allow traders to issue a chargeback.
The company does not disclose the period that an account becomes dormant. Therefore, it is hard determining the charges subjected to investors. The platform leaves out withdrawal information. Clients might be asked to pay more fees.
Unregulated brokers like MFC Market are very dangerous. You will be enticed using all sorts of promises only to be corned at the end. Making money has never been easy, like the way the Ponzi scheme put it. The marketing strategy of fraudsters is a game, and it’s easy giving them your money.
MFC Market Contact Detail
MFC Market displays their email address as well as telephone number. The company does not display a physical address where they are located. The discrete nature of this platform is overwhelming and does not serve them any good.
A legit company will have all the necessary data that can win the trust of their customers. The broker does not have endorsement from their clients. Multiple scammers in the market use false information to gain customers.
Fraudsters blacklist traders or cut communication with them once they deposit funds. There is a high risk of investing with a firm like MFC Market. Prioritize and only focus on the best brokers that are licensed. Get professional customer support by dealing with the best venture.
MFC Market is an ignorant investment company that fails to disclose its regulation status. The entity is operating across the globe without meeting the necessary requirements set by the government. We decided to check them on various financial watchdogs in the Pacific, Asian, African, and European databases.
Unfortunately, we were not surprised to find that this broker is running on its own accord. There is no information on the corporate that managed their financial activities. Investor’s funds are at high risk of being stolen.
MFC Market does not segregate funds. The entity is also not guided by any rules and regulations. Therefore, it is easy for them to do whatever they please. Investors are at high risk of being charged more money.
Is MFC Market a reliable broker?
The platform has displayed multiple red flags proving that it is not a reliable investment company. The company has a domain name that is still new. Traffic coming on your website is not huge. Additionally, lack of customer feedback is a major drawdown.
You need to know what you’re signing up to before giving a broker a chance to manage your money. Whoever is running MFC Market is doing their level best to ensure they remain discrete. If at all the business is legal then transparency should be their main objective.
The company is an illegal scheme that once they decide to exit the mark, their investors will find nothing. The law will not save you as there are warning issued against trusting in unlicensed firms. Invest wisely and learn to spot loopholes in a venture.
MFC Market is not reputable and there is no evidence of trading activities taking place. The venture has left out essential information. Sooner or later the entity might exit the industry. Naive traders who are not familiar with trading are likely to fall for the ploy of these scammers.
Fraudsters have an A-game marketing strategy. Investors might suffer huge losses by believing the lies of an investment scheme. Learn to check for evidence or proof of trading not to fall a victim. The safety of your money should be your main goal. Expert traders w never fall for the schemes of such thieves.
MFC Market is an unlicensed broker that does not reveal they are real location. It is better to avoid trading with this platform. The company is offering our leverage of 1:50 but still, we are not recommending them to the public.
The entity does not provide verified contact information. Sadly, traders cannot make money with this venture. The platform has trading bonuses for all accounts. Investors cannot withdraw funds without meeting the set volume.
If you are credited with a 50% bonus, you are subjected to paying a fee of 20% on every cash-out that you perform. The withdrawal process in this shady company is close to impossible. They also do not set the minimum amount that you can deposit.
Invest with the best forex trading brokers that are straightforward and legit. Investors need to be carefully when investing online. Avoid shady firms and research on a platform before depositing your money.