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Score

1.38 /10
Danger

MorganFinance

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://morganfinance.trade

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Score

Regulatory Index0.00

Business Index5.96

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Danger

FR AMF
2023-04-24
Blacklists of unauthorized companies and websites: Forex
MorganFinance
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Broker Information

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Company Name

MorganFinance

Company Abbreviation

MorganFinance

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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MorganFinance · Company summary
MorganFinance Review Summary
Founded2-5 years
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex/Commodities/Stocks/Indices
Demo Account/
LeverageUp to 1:300
SpreadFloating
Trading PlatformMT4/MT5
Min Deposit$250
Customer SupportPhone number: +44 7418358180
Email: compliance@morganfinance.trade

MorganFinance Information

MorganFinance is a broker. The tradable instruments with a maximum leverage of 1:300 include forex, commodities, stocks, and indices. The broker also provides five accounts, including bronze, silver, gold, platinum, and diamond. The minimum deposit is $250. MorganFinance is still risky due to its unregulated status.

MorganFinance Information

Pros and Cons

Pros Cons
Leverage up to 1:300Unregulated
Various tradable instrumentsDemo account unavailable
MT4/MT5 availableInaccessible official website
No specific transfer time and fee information

Is MorganFinance Legit?

MorganFinance is not regulated, making it less safe than regulated brokers.

Is MorganFinance Legit?
Is MorganFinance Legit?

What Can I Trade on MorganFinance?

MorganFinance offers various market instruments, including forex, commodities, stocks, and indices.

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Indices✔
Cryptocurrencies❌
Precious Metals❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on MorganFinance?

Account Type

MorganFinance has five account types: bronze, silver, gold, platinum, and diamond. Traders who want low leverage can choose a bronze account, while those with a sufficient budget can open a diamond account.

Account Type BronzeSilverGoldPlatinumDiamond
Minimum Deposit$250$1000$5000$10000$25000
Leverage1:301:701:1001:2001:300
Spreadfloatingfloatingfloatingfloatingfloating
Min. Lot0.010.010.010.010.01
Stop out25%40%60%80%100%

Leverage

The maximum leverage is 1:300 meaning that profits and losses are magnified 300 times.

Trading Platform

MorganFinance cooperates with the authoritative MT4 and MT5 trading platform. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Trading PlatformSupported Suitable for
MT4✔Junior traders
MT5✔Experienced traders
Trading Platform

Deposit and Withdrawal

The minimum deposit is $250. MorganFinance accepts Maestro, MasterCard, Bank Transfer, Wire Transfer, Visa, and Credit Card for deposit and withdrawal. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.

Deposit and Withdrawal

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蒋海璞
more than one year
In my opinion, the main advantage of this broker is a set of assets that can be traded. For example, this broker provides: - Forex - Stocks - Indices - Commodities With this selection of assets, every trader has excellent opportunities.
In my opinion, the main advantage of this broker is a set of assets that can be traded. For example, this broker provides: - Forex - Stocks - Indices - Commodities With this selection of assets, every trader has excellent opportunities.
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2022-12-16 17:30
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