MS Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.mforex.com/index.html, the company's legitimate regulatory information AustraliaASICInstitution Forex License (STP), to enhance the security of the company's address .
MS Forex Broker
Basic information
Australia
Scam Brokers 5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Is MS a Scam？
- Scam Brokers List
MS has been listed on WikiFX's Scam Brokers list. The platform operates as a Ponzi scheme. Please be aware of the scam domains as follows: https://www.mforex.com
- Regulatory Concerns
MS claims to be regulated by the Ausspanalia Securities & Investment Commission and holds an Investment Advisory License. But this license is suspected to be a fake clone.
This means that MS is not validly regulated by any authority to provide financial services. Therefore, investors' funds in this company are unsafe.
- Scam Exposure
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 were 2 pieces of Cooper Markets exposure in total. I will introduce all of them.
Exposure 1. Withdrawal Issue
The user invested in MS that initially paid her returns but ultimately faced issues during a withdrawal process. Eventually, it resulted in a failed attempt to access her funds. You may visit: https://www.wikifx.com/en/comments/detail/202303263322560505.html
Exposure 2. Withdrawal Issue
| Classification | Unable to Withdraw |
| Date | 2018-7-25 |
| Post Country | Hong Kong, China |
The user requested a withdrawal in October 2017 and was told it would be processed by April, but he has yet to receive the funds. You may visit: https://www.wikifx.com/en/comments/detail/208076093025809.html
Rating Index
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Latest Reviews
FX4029552534
Hong Kong
I applied for the withdrawal in October,2017. MS said that the withdrawal channel will be normal in mid-to-late April.But I haven’t received it yet. I will make an exposure on it.
Exposure
2018-07-25
FX4126245811
Ecuador
I have proof of the transfers and the site
Exposure
2023-03-27