Moa Forex Broker

Note: Moa's official website: https://www.moyacs.com/ is currently inaccessible normally.Moa Information Moa is an unregulated brokerage company founded in 2017. WikiFX's survey team has been to New Zealand to visit this company but didn't spot the company at its regulatory address. This indicates that the broker may just register at the location without a physical business office. The company claims to offer MetaTrader 4 (MT4) platform.Is Moa Legit？Financial Service Providers Register (FSPR)Current StatusRevokedRegulated by New ZealandLicense TypeFinancial Service CorporateLicense No.511366Licensed InstitutionMoa International Limited Moa claims regulation by the Financial Service Providers Register (FSPR) in New Zealand. However, Moa's current status is “Revoked”. This means that the broker is not a safe forex broker. Your fund lacks protection. We recommend that you look for a regulated broker as an option.Downsides of MoaUnavailable Website The official website for Moa is currently down, so we are unable to access first-hand information from it at this time.Lack of Transparency We were unable to find any reliable information about Moa online. So its safety and legitimacy can not be confirmed.Scam Risk According to an exposure on WikiFX, a user encountered a great loss of up to 200 thousand yuans, and the compensation was yet to be received.Regulatory Concerns Moa claims to be regulated by the Financial Service Providers Register (FSPR). But the current status is “Revoked”, once again making its safety and legitimacy doubtful.Negative Moa Reviews on WikiFX On WikiFX, “Exposure” is posted as a word of mouth received from users. Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter. As of now, there are 3 pieces of Moa exposure in total. I will briefly introduce 2 of them. Exposure 1. Withdrawals and contact difficultyClassificationOthersDate2019-08-21Post CountryHong Kong China The user said that the order couldnt be placed or listed and the teacher always gave the reverse order recommendations. You may visit: https://www.wikifx.com/en/comments/detail/208088067621802.html Exposure 2. Cannot withdrawClassificationScamDate2020-04-18Post CountryHong Kong China The user said that he suffered a 200 thousand yuan loss, and the compensation was yet to be received. You may visit: https://www.wikifx.com/en/comments/detail/202006267132684702.htmlConclusion In conclusion, trading with Moa could be risky. Their revoked license, inaccessible website, and scam exposure all show that this broker is not trustworthy. We recommend that traders opt for regulated brokers with transparent operations.