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Regarding the legitimacy of MYFX Markets forex brokers, it provides a comprehensive investigation into the security aspects of regulatory FCA, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Software Index

Full License

License

FCA Revoked

Is MYFX Markets safe?

The regulatory license is the strongest proof.

AR

FCA Appointed Representative(AR)

Financial Conduct Authority

Financial Conduct Authority

Regulatory Agencies Introduction
  • Current Status:

    Revoked
  • License Type:

    Appointed Representative(AR)
Licensor:
FIXI PLC
United Kingdom FCA MM
  • Licensed Institution:

    MYFX MARKETS PTY Ltd MYFX MARKETS PTY Ltd
  • Effective Date:

    2017-12-04
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    2020-07-13
  • Address of Licensed Institution:

    71-75 ShelTon STreeT London WC2H 9JQ UNITED KINGDOM
  • Phone Number of Licensed Institution:

    442070967463
  • Licensed Institution Certified Documents:

11 name

Is MYFX Markets a scam, or is it legit?

The latest exposure and evaluation content of MYFX Markets brokers.

An unreliable broker
The contact information of the "Contact Us" section you want to spread is as follows. Address: 1a Wakeling Avenue, Te Atatu South, Auckland, 0610, New Zealand Tel: +64 9 889 4022 Email: customer.service@myfxmarkets.com The address is Auckland, New Zealand. Checking this address in Google Street View, it looks like a residential area, as shown in screen 1 below, but it is not very, but I think this address does not actually exist for foreign exchange traders. In addition, after checking the registration of New Zealand as a financial institution, it was found that the registration of the financial institution has been cancelled on the New Zealand Financial Service Provider Registration (FSPR) website. Registration was cancelled on May 9, 2015. Screen 2 If you check the legal person registration from here, it also seems to be considered deleted (registration cancelled). The deregistration time is June 20, 2017, which is more than two years after the deregistration of the financial institution. Screen 3 The reason for the cancellation of registration is not stated, but I think the contractor who received the cancellation of registration is not credible.
Fraud platform even denied to have such a salesman
Please refund my withdrawal asap.Yongjie Yang ,a salesman of the platform and opened the account for me.After cheating me more than $200 thousand,he was denied by the platform.If they didn’t admit you,then what will you do after you deposited in the platform.The first screenshot shows that the platform denied to have such a salesman.I reserved the recording with the so-called legal staff.Can yoube serious before lying?Or your job is to lie?
The platform threatened to turn to the authority without my agreement on their settlement
The platform called me and said if I disagreed with their settlement, they would turn to State Administration of Foreign Exchange (it means that the platform will surrender itself to justice). See attachment.
MYFX markets is a fraud platform
MYFX markets is either offline or disconnected. My capital, profits and commissions added up to 240,000 dollars. It seems that all the money belongs to the platform as soon as it is deposited, and I can do nothing to change the situation. USDCAD short order reached at around 1.335, and USDCAD long order at around 0.698. USDCAD short order should take profit at 6.20, and USDCAD long order at 6.26. There are over 200,000 dollars in my account, unable to be withdrawn. My account was closed too. Be careful everyone!The platform told me over the phone that with few customers in China, they weren’t afraid of me and would not give my capital back.
MYFX Markets's latest industry rating score is 2.34, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. MYFX Markets If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.