Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

MOKFX Global

United States|2-5 years|
Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://myforexp2p.com/

Website

Rating Index

Contact

+1 562514 0053
https://myforexp2p.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

+1 562514 0053

English

+852 6464 5928

Broker Information

More

Company Name

MOKFX Global

Company Abbreviation

MOKFX Global

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2024-05-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 24 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Users who viewed MOKFX Global also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

MultiBank Group

8.59
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

GO MARKETS

8.98
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FP Markets

8.88
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
Pyramid scheme complaint
Expose
Unable to Withdraw

Deposit fraud

When I tried to withdraw profits, I was asked for a deposit due to the involvement of third party funds and made a transfer, but within 3 business days it was said that it was refunded but it was not, and I was suspected of insider trading and asked for a deposit. .. I was told that I should transfer the deposit to return the deposit involving a third party. This clearly seems to be a fraudulent technique.

2022-06-03 06:44
Unable to Withdraw

Unable to withdraw, the withdrawal was delayed, and I was told that I was queuing up to withdraw funds at JPMorgan MultiBank Bank, and the queue number was 7849.

I met a so-called Chinese-Japanese mixed-race woman through a dating app and it felt good to chat at first. Later, I was recommended to play foreign exchange to make money. I recommended this platform. When I made two withdrawals totaling more than 37,000 US dollars, the platform informed me I am involved in insider trading and the credit score drops to 80 and cannot withdraw. I have to pay 36660usd and increase it to 100 to withdraw. I asked the customer service if I did not pay any other fees after payment. The customer service gave a positive answer. After paying, they told me that I needed I paid an extension fee of $5,000. After paying the extension fee, the money will be sent to my bank account within 48 hours. After paying the extension fee immediately, it said that the withdrawal is from JPMorgan Chase Bank, and the withdrawal needs to be queued. The queue number was 7849 at the beginning. I checked a lot of information, but I haven’t heard of anyone queuing up to withdraw funds. I suspect that the woman from the dating software has partnered with the platform to defraud me. Please verify whether this platform is a legitimate platform and request to withdraw funds immediately. Up to now It's been a week and still no payment

2022-08-08 06:20
Resolved

Everyone stay away from the mokfx global platform and use various excuses to let you send money without withdrawing

I met a woman on a dating app and brought me into this platform. At the end of June, I was asked to pay 20% of my profit. When I saw my profit, I found an excuse to say that I was insider trading, and asked me to pay a fine of $36,660. It is said that more than 30,000 US dollars will be withdrawn, and there will be handling fees and even overdue fees. After making the customer pay a lot of money, they still say that the queue for withdrawals at JPMorgan MultiBank Bank in the United States was No. 7849 at first, and now more than 29 days have passed. , there are still 4217

2022-08-21 18:25
Unable to Withdraw

Platform Scam, Lots of Claims and Taking Money! Pretty vicious.

I started when I was approached to invest in FX on SNS. At first, I was told that I couldn't invest unless I started with a small amount and gradually increased the amount, so I increased my deposit and invested. The we. When the amount exceeds 75,000 USD and I requested a withdrawal of 50,000 USD, tax was charged, and since it was transferred to my deposit from two bank accounts, I was asked for a "suspected money laundering" deposit. If I have a question and pay a security deposit, will I be able to withdraw without fail? When I confirmed with customer service, "Yes. I will release it and withdraw the money.” After payment, the deposit amount in the account changed immediately when the security deposit did not increase in the account. This time, for a withdrawal of 50000 USD, a fee of 5000 USD will be charged! Getting ready for America! I said I could withdraw money, but I didn't ask because the amount was high, so I didn't answer. Customer service can confirm the number! I asked him to let me know if there were any other withdrawals, but he didn't. I think it was a platform-wide scam scenario to take your money. Currently, I have received an email saying that I will investigate and reply as soon as possible, but I have not received a response. Customer service has also lost LINE response. I have nothing but anxiety. Fraud platform.

2022-08-10 22:52

    MOKFX Global · Company Summary

    Note: Regrettably, the official website of MOKFX Global, namely https://myforexp2p.com/, is currently experiencing functionality issues. Consequently, it is proving to be quite a challenge to obtain specific and precise details about the broker from their own website. As a result, we have had to rely on existing online sources to offer a general overview of MOKFX Global and its activities.

    MOKFX Global Review Summary
    Founded 2021
    Registered Country/Region United States
    Regulation NFA (Suspicious clone)
    Market Instruments Forex pairs, commodities and financial contracts
    Demo Account Unavailable
    Trading Platforms MT4
    Leverage 1:200
    Minimum Deposit $100
    Customer Support Phone: +1 562514 0053 and +852 6464 5928

    What is MOKFX Global?

    MOKFX Global is an international investment company based in United States that offers traders access to financial markets and a range of trading instruments. However, reports of the platform being inaccessible and difficulties with withdrawals have also been documented, raising concerns about the reliability of the trading platform.

    MOKFX Global

    In the forthcoming article, we will comprehensively assess and scrutinize the attributes of the broker from various angles, providing you with concise and well-organized insights. We urge you to read on if you are interested. Lastly, we will offer a concise summary of the broker's traits towards the end of the article for your convenience.

    Pros & Cons

    Pros Cons
    • MT4 supported
    • Website is unavailable
    • NFA (Suspicious clone)
    • Limited communication channels

    Pros:

    - MT4 support: MOKFX Global supports the popular trading platform MT4, which offers a wide range of features and tools for trading.

    Cons:

    - Unavailable website: The fact that the official website is inaccessible raises concerns about the reliability and transparency of MOKFX Global.

    - Risk of clone NFA regulation: The claim of being regulated by the United States NFA is suspected to be a clone, potentially indicating fraudulent activity or lack of proper regulation.

    - Limited communication channels: The broker's limited communication channels can make it difficult to reach customer support or address any concerns or issues.

    Is MOKFX Global Safe or Scam?

    There are suspicions regarding the authenticity of MOKFX Global's claim to be regulated by the United States NFA (license number: 0543998).

    suspicious clone NFA license

    Moreover, the fact that their official website is inaccessible raises concerns about the reliability of their trading platform. These factors contribute to a higher level of risk associated with investing in MOKFX Global.

    If you are considering investing with MOKFX Global, it is crucial to conduct thorough research and carefully evaluate the potential risks compared to the potential rewards before making any final decisions. In general, it is advisable to select brokers that are properly regulated to ensure the safety of your funds.

    Market Instruments

    MOKFX Global provides users with various trading instruments across different asset classes. These instruments include forex pairs, commodities, and financial contracts.

    Forex pairs refer to the exchange of one currency for another, with MOKFX Global offering a wide range of currency pairs to trade, including major currency pairs, exotics, and crosses.

    Commodities are physical or digital goods that can be traded, such as gold, silver, oil, and agricultural products.

    Financial contracts are derivative products that allow users to speculate on the price movements of underlying assets, including indices, stocks, and cryptocurrencies.

    Leverage

    MOKFX Global offers a maximum leverage of 1:200 to its traders. Leverage refers to borrowed funds provided by a broker, allowing traders to control larger positions in the market with a smaller initial investment. It enables traders to potentially amplify their profits as smaller market movements can have a larger impact on their account balance. However, it is important to note that while high leverage can lead to higher returns, it also carries significant risks.

    Using high leverage means that even small price fluctuations can result in substantial gains or losses. Therefore, it is crucial for traders to approach leverage with caution and carefully consider their risk tolerance and trading strategies. It is recommended that individuals assess their financial situation and trading experience before deciding on an appropriate leverage level.

    Trading Platform

    MOKFX Global provides traders with the widely used trading platform, MT4 (MetaTrader 4). MT4 is a robust and user-friendly platform that offers advanced charting tools, technical analysis indicators, and algorithmic trading capabilities. It is a popular choice among traders of all experience levels due to its flexibility and customizable interface. Traders can benefit from the platform's capabilities for automated trading through the use of Expert Advisors (EAs).

    MT4

    User Exposure on WikiFX

    Please be aware that there have been reports on our website regarding issues such as difficulty with withdrawals, potential scams, and significant slippage. We strongly advise traders to thoroughly examine the available information and carefully consider the risks associated with trading on an unregulated platform. We encourage you to visit our platform to gather more information before making any trading decisions. If you have come across any fraudulent brokers or have personally experienced such instances, we kindly request that you notify us in the Exposure section. We greatly appreciate your cooperation, and our team of experts will make every effort to address and resolve any problems you may have encountered.

    User Exposure on WikiFX

    Customer Service

    Customers can visit their office or get in touch with customer service line using the information provided below:

    Telephone: +1 562514 0053, +852 6464 5928

    Conclusion

    In conclusion, MOKFX Global is an investment company that offers online financial services for traders. While they claim to be authorized and regulated by NFA , there are suspicions that this claim is a clone or not legitimate. These factors contribute to a higher level of risk associated with investing with MOKFX Global. It is important for potential investors to conduct thorough research and carefully consider the potential risks before deciding to invest with this company. It is generally recommended to choose brokers that are well-regulated to ensure the safety of funds.

    Frequently Asked Questions (FAQs)

    Q 1: Is MOKFX Global regulated?
    A 1: No. MOKFX Global is not regulated.
    Q 2: Does MOKFX Global offer demo accounts?
    A 2: No.
    Q 3: What platform does MOKFX Global offer?
    A 3: It supports MT4.

    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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

    In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

    News

    WikiFX Review: Is MOKFX Global trustworthy?

    NewsWikiFX Review: Is MOKFX Global trustworthy?

    2022-04-05 12:12

    MOKFX Global is an online forex and CFDs brokerage company offering financial services to its clients. But is MOKFX Global trustworthy? Is MOKFX Global a scam? Those are important questions that many traders are eager to know the answer to. Therefore, WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyse the reliability of this broker from specific information, regulation, and etc. And you should never miss it.

    WikiFX
    2022-04-05 12:12
    News
    WikiFX Review: Is MOKFX Global trustworthy?

    User Reviews

    Sort by content

    • Sort by content
    • Sort by time

    User comment

    3

    Comments

    Write a review

    FX2343642952
    more than one year
    Where is the trader? Please help me from Forex Sky Eye
    2022-12-29 18:34
    Reply
    0
    0
    FX1102558214
    more than one year
    This is a disgusting platform, withholding the money in my account and not allowing me to withdraw money! When can I get my money back? ? I really need help!
    2022-12-07 11:05
    Reply
    0
    0
    ryu15500088
    more than one year
    This platform is a scam. You definitely won't get your money back. Use a trusted platform! A new site has been created since November, but it is created to escape responsibility. There are many descriptions of MOKFX. All the same group of scammers.
    2022-12-02 22:30
    Reply
    0
    1
    28
    TOP
    Select Country/Region
    United States
    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com