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MBFX is a total SCAM!!!
Rana Nasir Majeed
Italy
Apr 14, 2025
ANSWER Dear Investor, MBFX has been in operation for some time, and we flagged it as a scam as early as 2022. We understand the distress and frustration this situation may have caused you. We strongly recommend filing a complaint with your local authorities as soon as possible. Additionally, we encourage you to share your complaint on our platform. Our dedicated team will thoroughly review your case and strive to identify any potential solutions or offer helpful advice. We would also like to highlight the existence of recovery room scams that target victims of investment fraud. These fraudsters often claim they can retrieve your lost funds for a fee. In reality, they exploit victims' urgency to recover their money, only to defraud them further. Please remain vigilant and avoid any offers from such scams to protect yourself from additional financial losses.
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Is MBFX a scam?
Graham Hall
United Arab Emirates
Dec 10, 2024
ANSWER Dear Investor, Thank you for your trust in our platform. We have marked MBFX as a scam as early as 2022. MBFX currently claims to be registered in St. Lucia and to have a physical office in the UAE. It solely relies on its offshore registration to appear legitimate and compliant. However, St. Lucia doesn’t license forex trading activities and provides lax regulation and minimal protection for investors as an offshore area. Without any other valid licensing information, MBFX remains unlicensed and unsupervised, rendering its offerings illegal. We have already received complaints from clients of MBFX about their fraudulent practices. Therefore, we strongly suggest you avoid using MBFX. It is critical to do thorough research on your target broker instead of accepting what they claim at face value.
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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.