The Official Website Of MLX Trading Cannot Be Accessed Normally At The Moment. The Company Seems To Have Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-06-27 We Have Confirmed After Review That MLX Trading Is An Unregulated Forex Broker
MLX Trading Is Not A Reliable Broker For Traders, Even Though It Claims That The Offers It Offers To Its Clients Look Good. MLX Trading Claims To Have Been Providing Forex Services Since 2017. However, When We Checked Its Domain Name, We Found That The Website Was Actually Created In 2020. So How Could It Start Doing Business In 2015? This Is A Red Flag.
In Addition, The Broker Shows That Its Corporate Office Address Is Located In The United States. But We Did Not Find Any Results Matching MLX Trading In The US Regulator, The National Futures Association (NFA). This Means That MLX Trading Is Not Regulated By Any Regulatory Authority. Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
Since We Cannot Access The Broker's Website Now, We Cannot Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That MLX Trading Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose Providing Other, More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: MLX Trading As A, Unregulated Broker Means That Clients' Investments 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 When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
