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Mtdfx

Hong Kong|2-5 years|
Regulated in United States|Suspicious Regulatory License|White label MT5|Chinese market only|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://mtdfx.com/en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
GavinGlobal-Server MT5
Server Location Hong Kong

Contact

+44 4806242599
info@mtdfx.com
https://mtdfx.com/en
ROOM 32, 11/F, LEE KAINDUSTRIAL BUILDING, 8 NG FONGSTREET, SAN PO KONG, KL,HONG KONG

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 4806242599

Broker Information

More

Company Name

Gavin Global Limited

Company Abbreviation

Mtdfx

Platform registered country and region

Hong Kong

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0542843) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

WikiFX Verification

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Mtdfx · Company Summary

Note: Mtdfxs official site - mtdfx.com is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Mtdfx Review Summary in 10 Points
Founded 1-2 years
Registered Country/Region Hong Kong
Regulation NFA (Unauthorized)
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/USD Spread N/A
Trading Platforms MT5
Minimum Deposit N/A
Customer Support Phone: +44 4806242599, email: info@mtdfx.com

What is Mtdfx?

MTDFX is an offshore brokerage company registered in Hong Kong, claiming to offer the MetaTrader 5 (MT5) trading platform. Their website is currently unavailable.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• Availability of MetaTrader5 • Unauthorized NFA license
• Multiple contact channels • Unavailable website
• Presence of address • Lack of transparency
• Limited industry experience
• A report of withdrawal difficulty

Overall, MTDFX has some pros, such as offering the MT5 platform and multiple contact channels. However, there are also some major cons, such as not being regulated and having a history of customer complaints. I would not recommend using MTDFX, as there is a high risk that you could lose your money.

Mtdfx Alternative Brokers

There are many alternative brokers to Mtdfx depending on the specific needs and preferences of the trader. Some popular options include:

  • Pepperstone: A recommended choice for forex trading due to its low fees, excellent customer support, and user-friendly platform.

  • Plus500: A reliable option for CFD trading with its diverse range of instruments, intuitive interface, and competitive spreads.

  • TeraFX: An ideal broker for beginners, offering simple and user-friendly trading conditions, though limited in terms of available instruments.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Mtdfx Safe or Scam?

MTDFX is not a safe or regulated forex broker.

Here are some of the red flags that indicate that MTDFX is a scam:

  • They are not regulated by any major financial authority. Their United States National Futures Association (NFA, License No.0542843) license is unauthorized.

NFA license
  • Their website is not available currently.

    • There have also been reports of users being unable to withdraw their funds.

If you are considering using MTDFX, I would strongly advise against it. There is a high risk that you will lose your money.

Here are some tips for avoiding forex scams:

  • Only use regulated brokers.

  • Do your research before opening an account.

  • Be wary of unrealistic returns.

  • Never wire money to someone you don't know.

Trading Platform

MT5, or MetaTrader 5, is a widely used trading platform offered by Mtdfx. It provides traders with a comprehensive and advanced suite of tools and features for executing trades in various financial markets. With MT5, users can access a wide range of instruments, including currencies, stocks, commodities, and indices. The platform offers a user-friendly interface that allows for efficient order placement, charting, and technical analysis. Traders can utilize customizable charts, indicators, and analytical objects to make informed trading decisions.

Additionally, MT5 supports automated trading through the use of expert advisors (EAs) and offers a built-in marketplace for accessing a vast library of third-party trading tools. Overall, Mtdfx's MT5 trading platform aims to provide traders with a powerful and intuitive trading environment.

See the trading platform comparison table below:

Broker Trading Platform
Mtdfx MetaTrader 5
Pepperstone MetaTrader 4, cTrader
Plus500 Plus500 WebTrader
TeraFX TeraFX WebTrader

As you can see, all four brokers offer the MetaTrader 5 platform. However, Pepperstone also offers the cTrader platform, which is a popular alternative to MT5. Plus500 and TeraFX both offer their own proprietary trading platforms.

Ultimately, the best trading platform for you will depend on your individual needs and preferences.

User Exposure on WikiFX

On our website, you can see that a report of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Customer Service

Mtdfx offers customer service through multiple channels, including phone and email. The provided phone number, +44 4806242599, can be used to reach out to their customer support team for assistance and inquiries. Additionally, customers can also contact them via email at info@mtdfx.com. The company's address is listed as ROOM 32, 11/F, LEE KA INDUSTRIAL BUILDING, 8 NG FONG STREET, SAN PO KONG, KL, HONG KONG.

Conclusion

MTDFX is not a regulated broker, which means that they are not subject to the same level of oversight as regulated brokers. There have also been reports of users being unable to withdraw their funds from MTDFX, which further raises concerns about the safety of the broker. Overall, MTDFX is not a reputable broker and I would not recommend using them. There are many other regulated brokers that offer the MT5 platform and that have a better track record of customer service.

Frequently Asked Questions (FAQs)

Q 1: Is Mtdfx regulated?
A 1: No. Their United States National Futures Association (NFA, License No.0542843) license is unauthorized.
Q 2: Does Mtdfx offer the industry leading MT4 & MT5?
A 2: Yes. It supports MT5.
Q 3: Is Mtdfx a good broker for beginners?
A 3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and negative reviews.

User Reviews

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5

Comments

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Gennie
more than one year
MTDFX, oh boy. While they claim the fame of MetaTrader 5 and offer various contact options, let's not forget the major downside – no regulation. An unauthorized NFA license and reports of withdrawal issues? That's a deal-breaker. And now, the website's gone? If you care about your money, steer clear. Consider alternatives with proper regulation and user trust. This one smells fishy.
2023-12-11 18:52
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0
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Gennie
more than one year
MTDFX, oh boy. While they claim the fame of MetaTrader 5 and offer various contact options, let's not forget the major downside – no regulation. An unauthorized NFA license and reports of withdrawal issues? That's a deal-breaker. And now, the website's gone? If you care about your money, steer clear. Consider alternatives with proper regulation and user trust. This one smells fishy.
2023-12-11 18:52
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0
0
Hoàng Thắm
more than one year
MTDFX caught my eye with MetaTrader 5 – a solid platform for trading. The multiple contact channels, including a phone number, seem promising for quick support. The presence of an address adds a touch of credibility. But hey, the unavailable website raises concerns, and the lack of regulation is a big red flag. I'd approach cautiously and maybe explore other brokers with better track records.
2023-12-08 18:24
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0
0
Mingyu
more than one year
Alright, listen up, folks. Mtdfx is a straight-up scam. Their NFA license? Unauthorized, yo! That's a major red flag right there. And don't even get me started on their customer service. They're MIA! No response to emails or calls. Good luck getting any help when you need it. Plus, their website is always down. Seriously, what kind of broker can't keep their website up and running? It's sketchy as hell. Do yourself a favor and steer clear of Mtdfx. They're trouble, no doubt about it!
2023-07-12 18:17
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0
0
Cancx
more than one year
Yo, I gotta warn y'all about Mtdfx. They're a total mess! First off, their website is always down, like what's up with that? How can you trust a broker when you can't even access their site? And guess what? You can forget about withdrawing your hard-earned cash. People have been complaining left and right about not being able to get their money out. It's shady as hell. Stay away from Mtdfx, bro!
2023-07-12 18:16
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