FxGecko's top 100 foreign exchange brokers can be selected by reference. If they are not within 100, special attention should be paid to the main white label relationship and risk tips of brokers.
Today, I want to help you evaluate a broker. Some users reported that this broker promoted high-yield foreign exchange financial management online and wondered if it was reliable.
This broker is called Mta5 Trade which was founded less than 1 year ago and is ranked 5311 in the world. At present, there are 0 foreign exchange licenses, and the risk scan shows 1 risk. There is no valid regulatory information available for Mta5 Trade, this is a high risk signal, beware!
Mta5 Trade broker has 0 MT4/5 servers.
The master white label relationship shows that Mta5 Trade has 0 associated brokers. We need to pay attention to whether the associated brokers are running away. This is the business risk of the brokers and the past business history, which can be used as an important reference condition for selecting brokers. The broker relationship data comes from the data of MetaQuotes.
FxGecko has currently received 1 complaint about Mta5 Trade. Mta5 Trade asks clients to pay taxes before they can withdraw their funds! This is an obvious scam, beware!
There are both good and bad in the financial market, and there are investment risks. We can only investigate the information clearly before investment. Lightning protection and fraud prevention, FxGecko first.