TradeMTFS Official Website - Http://www.trademtfs.com/, Which Cannot Be Opened Normally At The Moment, And Information About The Company Cannot Be Obtained Immediately.
Due To The Inability To Access The Broker's Website Now, We Cannot Obtain More Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
TradeMTFS Claims That Its Company Was Founded In 2017 And Has Given Out Some Of The Awards It Received Between 2016 And 2019. But When We Checked Its Domain Name, We Found That It Was Created In 2021. So How Can It Start Business In 2017 And Get These Awards? This Is A Red Flag. In Addition, TradeMTFS Claims That It Is Registered As An International Business Company With Registration Number 13210649 In The Companies Registry In The United Kingdom (CH). We Did Find A Match With This Broker In CH, But CH Is A Company Registrar In The United Kingdom And Does Not Have The Legal Right To Regulate Any Forex Activities. Having A Registration Does Not Mean Being Regulated. Under UK Law, All Companies And Individuals Offering, Promoting Or Selling Financial Services Or Products In The United Kingdom Must Be Authorised Or Registered With The Financial Conduct Authority (FCA) In The United Kingdom. However, We Did Not Find Any Match Results With This Broker In The FCA.
The Fact Is That TradeMTFS Is Not Effectively Regulated By Any Regulatory Authority To Conduct Forex Trading. Investors' Funds At This Broker Are Not Safe And Are Not Protected By Any Law. Therefore, This Is A Scam.
