MTLight's Official Website Cannot Be Accessed Normally At The Moment. The Company Seems To Have Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-07-01 We Have Confirmed After Review That MTLight Is An Unregulated Freex Broker
MTLight Claims To Be Regulated By Labuan Financial Services Authority (Labuan FSA). But We Did Not Find A Match With The Broker In Labuan FSA. This Means That MTLight Is Not Regulated By Any Regulatory Body.
It Is Not Safe For This Broker To Hold Or Control Investor Funds, And Investors Cannot Be Protected By Any Laws. It Is A Fake Broker.
Since The Broker's Website Cannot Be Accessed Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That MTLight Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And True Contact Information, Such As Phone Number Or Company Address.
Note: MTLight As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
