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MCFX -

No Regulation

Score

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/10

The WikiFX Score of this broker is reduced because of too many complaints!

MCFX

Item: MCFX
Rating: 1.48

United Kingdom|2-5 years|

http://www.mcfxgroup.com/en/

Website

Open Account Time Machine

Rating Index

MT4/5 Identification

White Label

Server Name

MCFXGroup-Demo MT4

Server Location

China

Contact

0044-207-3997708

cs@mcfxgroup.com

http://www.mcfxgroup.com/en/

The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

NFA Unauthorized

Common fin.

VPS Standard

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

Single Core

40G

Open Now

Contact number

English

0044-207-3997708

Broker Information

Company Name

MCFX

Company Abbreviation

MCFX

Platform registered country and region

United Kingdom

Company website

http://www.mcfxgroup.com/en/

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4

Previous Detection : 2023-09-24

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 31 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5 Identification

Genealogy

Clones

Keywords

Account Information

Time Machine

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Exposure

34 pieces of exposure in total

Pyramid scheme complaint

Expose

Unable to withdraw

Fraud platform

Can't witdhraw since October. Abscond with mkoney.

2020-11-21 19:25

Unable to withdraw

Unable to withdraw. Pending

The account has been managed by others all along and can't withdraw. It obviously absconded. We are going to call the police.

2020-11-16 00:28

Scam

Scammer

Mcfx，actis and leadmax belonged to a group of scammers including Zhang Tao and Liujun. Many investors in Hangzhou, Hefei and Liuan have reported their scams. Please punish them.

2021-07-30 10:47

Unable to withdraw

MCFX is a Ponzi scheme set up by Chinese. Unable to withdraw

MCFX claims to be a domestic brokerage company introduced by President Ma. It has a very powerful technical team to help us make orders. We can see that real transactions are actually made. But in fact, they have already absconded and cannot withdraw funds.

2021-02-03 19:32

Unable to withdraw

Can’t withdraw since October. Cheat lots of people. Please stay alert guys.

2020-11-24 00:43

Others

False escrow documentary platform

Self-directed and self-acted by the platform, the false propaganda, fraudulent transactions, unsupervised fraudulent platform.

2023-03-30 21:22

Unable to withdraw

The broker absconded. Have to protect my own rights

mcfx，actis，leadmax are founded by Tao Zhang and Jun Liu. This is a fraud group. Now many victims from Hangzhou, Hefei, Luan and so on have filed the case. Hope the relevant department can investigate it strictly.

2021-03-17 12:25

Scam

SCEID, Actis Trading, mcfx and leadmax belong to the same fraud group. They advertised and induced us to deposit funds in October with knowing the fact that we can't witdhraw funds. At first, they prevent us from calling the police at first. And then they absconded.

2021-01-04 22:27

Unable to withdraw

Unable to withdraw. Please help me

Plase help recover my hard-earned money. I can't withdraw funds since October 27

2020-12-20 22:49

Scam

At first, they explained the problem of unable to withdraw was caused by docking the platform. Now, they disappeared so you can’t even find them.

2020-11-17 19:00

Scam

Fraud platform

I deposited on October 22 with my friend’s recommendation. I can’ withdraw since October 26. There has been no update for many days. It’s going to abscond. Hope to expose this fraud platform in case of more people being cheated.

2020-11-17 23:50

Scam

mcfx, actis, and leadmax are all three fraud groups such as Zhang Tao, Liu Jun and others who have started and registered Yueying Company to start fraud. Now victims in Hangzhou, Hefei, Lu'an and other places have reported the case. Just like Puton to return the victim a justice

2021-04-18 17:04

Unable to withdraw

The broker absconded and unable to withdraw

Tao Zhang absconded. Unable to withdraw since October 2020. There is 600,000 yuan in my account!

2021-03-16 22:04

Unable to withdraw

Unable to withdraw. Ask me to wait

Delay my withdrawals and don't allow me to call the police. Over a hundred people are scammed. Lose all my money. Please pay attention to this thing.

2020-11-15 22:19

Unable to withdraw

Can't withdraw on grounds of docking platform. We are asked to wait. They promised that the withdrawals can be transferred to our bank account withhin 24 hours. The backstage supporter can be opened but it's no use to apply for withdrawal.

2020-11-16 07:51

Unable to withdraw

unregulated fees

I was told that two rounds of my data were wrong, and the results were not the same as theirs. And that I had to cover the position again. So I did, by investing additional 57,550 yuan to my initial deposit of 120,000 yuan. After a number of successful trades, I wanted to withdraw and found that my account had been frozen, I contacted the customer service as well as the police but it was my report to financialrecovery.tech that got me a refund. Customer service said that my credit score wasn’t enough, I needed to buy credit points to recharge, a credit point of 4,000 yuan a point, buy 30 points, a charge of 120,000 yuan, I knew at this point that I was deceived, so I went and filed a report.

2021-03-21 17:26

MCFX · Company Summary

General Information

Established in 20, engaging in providing clients with a variety of financial products and services.

Market Instruments

MCFX offers investors a range of financial instruments including forex currency pairs, precious metals, CFDs, crude oil.

Trading Platform Available

MCFX provides clients with access to the worlds financial markets through the MetaTrader 4 (MT4) platform which is used by millions of traders aroun03, MCFX Group Limited is a broker regulated by National Futures Association (NFA)d the globe.

Customer Support

If clients have any questions or concerns, please call 00442073997708 or email cs@mcfxgroup.com for consultation.

User Reviews

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Chun Young

more than one year

The trading environment is just awful, with tons of technical issues and glitches. To make matters worse, my account was frozen shortly after I deposited funds, and when I asked about it, they claimed it was due to system upgrades. This caused me to miss out on several profitable trading opportunities and actually ended up losing me a significant amount of money.

2023-03-30 10:21

给我一米阳光

more than one year

MCFX's website has become a casino website. I saw a lot of people on wikifx saying they were cheated! I think it's clear what happened: the company ran away with the money after the scam.

2022-12-20 11:41

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