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MPIPFX

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://mpipfx.com

Website

Rating Index

Contact

‎+44 7452056695
support@mpipfx.com
https://mpipfx.com

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

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Contact number

English

‎+44 7452056695

Broker Information

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Company Name

MPIPFX LTD

Company Abbreviation

MPIPFX

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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MPIPFX · Company Summary

Since MPIPFX 's official website (https://mpipfx.com/) is now down, we had to resort to scouring other websites for relevant information in order to construct a rough picture of the company's forex broker operations.

basic-info

General Information

MPIPFX is a UK-registered forex broker providing a series of trading instruments, and this broker was not established young, with an operating time of less than 5 years.

Through this broker, three types of trading accounts are available: Standard, Premium, and ECN, with the minimum deposit starting at $500. Please note what MPIPFX provides is not the industry-leading MT4 or MT5 trading platform.

MPIPFX is operated by MPIPFX LTD, a company under no valid regulation. Please be aware of the potential danger.

Account Types

Three types of trading accounts are on offer: Standard, Premium, ECN. An initial deposit of $500 is required to open a Standard account, much higher than most legit brokers requirements for this type of trading account. The Premium account and the ECN account both require the minimum deposit of $1,000, and these two types of accounts are suitable for professional and experienced traders.

account-types

Leverage

MPIPFX does not elaborate on its trading leverage ratio. Since leverage can amplify both gains and losses, it should be used with caution, especially by beginners. Therefore, until more expertise is gained, it is prudent for novices to start with a lower size of no more than 1:10 until they gain more experience trading.

Spreads & Commissions

Spreads are determined by trading accounts. The spreads offered by the Standard account starts from 2.1 pips, the Premium account from 1.6 pips, the ECN account from 0.6 pips.

Trading Platform

What MPIPFX provides is not the industry-leading MT4 or MT5 trading platform.

Customer Support

Clients with any inquiries or trading-related can get in touch with this broker through the following contact channels:

Telephone: ‎+44 7452056695

Email: support@mpipfx.com

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

User Reviews

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2

Comments

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FX1130777838
more than one year
A disgusting scam, they are calling around and harassing people. They want them to invest in their scheme. Avoid them for miles!
2022-12-12 16:48
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0
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冯生29209
more than one year
I made a deposit of $500 to start a standard account just several days ago. Then, something horrible happened. I cannot log into my personal account, and yesterday, I found their official website cannot be opened…
2022-12-08 11:15
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