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MakroFX

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Operating status: SCAM

Website: https://www.makrofxltd.com/

Broker violations and abnormal records
  • Dec 17, 2023 BrokersView has reviewed that MakroFX is an unregulated trading platform

    MakroFX claims to be domiciled in Montenegro. However, it is not registered with the relevant financial authority, the Capital Market Authority of Montenegro (SCMN). This means it is an unlicensed trading platform that has no authority to solicit investors.

    In its Privacy Policy, it mentions FOREX.com, a regulated forex broker, as one of its divisions. However, this association merely exists in its own claims. There is no evidence to suggest that they are associated.

    In essence, MakroFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    MakroFX is unequivocally a scam.

    MakroFX claims to be domiciled in Montenegro. However, it is not registered with the relevant financial authority, the Capital Market Authority of Montenegro (SCMN). This means it is an unlicensed trading platform that has no authority to solicit investors.In its Privacy Policy, it mentions FOREX.com, a regulated forex broker, as one of its divisions. However, this association merely exists in its own claims. There is no evidence to suggest that they are associated.In essence, MakroFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.MakroFX is unequivocally a scam.
  • Aug 20, 2025 BrokersView has identified that MakroFX's website is currently offline

    BrokersView found that the domain "https://www.makrofxltd.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://www.makrofxltd.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

What can I use to make deposit on MakroFX?

Frederick
Rwanda
Dec 23, 2023
ANSWER We strongly suggest that you avoid depositing any money on MakroFX. This broker is unlicensed, posing significant risks.Not only does MakroFX lack the necessary licenses to operate as a trading platform, but it also falsely claims an association with FOREX.com, a regulated forex broker. However, this connection appears to exist solely within its own assertions and they are literally not connected.The lack of authorization, combined with its dishonest claims, makes MakroFX an unsafe choice for investors. Trading with this unregulated platform could lead to fraud and identity theft, and victims may have limited legal recourse to recover their funds. To mitigate such risks, we advise avoiding unlicensed brokers and instead choosing fully regulated ones with solid reputations.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.