Abstract:MTFE recently opened multiple operation centers in the Middle East and South Asia. This broker seems to be growing too rapidly to be trusted. In addition, WikiFX received a lot of exposure from traders against MTFE. We wonder if MTFE is reliable. In today’s article, we will show one of those cases of how MTFE scammed people out of their money based on the evidence gathered by WikiFX.

Search “MTFE” on WikiFX.com for more specific information about this broker.
https://www.wikifx.com/en/dealer/3517753597.html
MTFE recently opened multiple operation centers in the Middle East and South Asia. This broker seems to be growing too rapidly to be trusted. WikiFX received a lot of exposure from traders against MTFE. In todays article, we will show one of those cases of how MTFE scammed people out of their money based on the evidence gathered by WikiFX.
About MTFE
MTFE recently opened multiple operation centers in the Middle East and South Asia despite that this broker has only 2 years of trading experience. On March 7, 2023, the MTFEs Bangladesh team distributed supplies to local “depressed and needy people” in Bangladesh. MTFE is also vigorously promoting its AI trading system. Traders don't have to spend too much time managing their accounts, and the AI system can automatically handle it. However, many traders accuse MTFE of scams. The biggest problem that this broker has lies in withdrawal rejection. WikiFX considers this broker a Ponzi Scheme.


About WikiFX
WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 40,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.
According to WikiFX, MTFE has been given a decent score of 1.23/10.
Description of the case in brief
UNABLE TO WITH FROM MTFE BROKER.
One trader told WikiFX that he used to have 4800usd in his wallet. MTFE keeps delaying the withdrawal. The withdrawal should take 2 to 3 working days but they made him wait 4 days which was the blow day like they knew the trader will trade the signal. The customer service keeps wasting this traders time, which makes the trader become angry.
Evidence gathered by WikiFX
Below are the victim's proof and chats with the MTFE customer service.









Conclusion
Many scam brokers like to make an excuse to delay clients withdrawals and ask the clients to deposit more money when the clients want to withdraw. We believe that MTFE is getting involved in a scam. The reason why WikiFX exposed this case to the public is to remind all traders of the potential risks. All traders should be vigilant when investing in a broker.
WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!



BitDelta Pro Review: No valid regulation, risky spreads, and hidden broker issues. Traders should proceed with caution.

Is trading with Alpha FX fraught with too many errors and scams? Have you seen your forex trading account blocked after requesting fund withdrawals with the broker? Invested a heavy amount, but finding it hard to withdraw the sum? Have you seen domain changes while attempting an Alpha FX login? These issues have become typical for Alpha FX traders, with many of them sharing their frustration online. In this Alpha FX review guide, we have shared some trading complaints against the UK-based forex broker. Read on!

For experienced traders, selecting a broker is a meticulous process that extends far beyond marketing claims and bonus offers. It involves a granular analysis of the core trading environment: the quality of execution, the flexibility of leverage, the integrity of the regulatory framework, and the suitability of the conditions for one's specific strategy. MH Markets, a broker with a 5-10 year operational history, presents a complex and multifaceted profile that warrants such a detailed examination. This in-depth review dissects the MH Markets trading conditions and leverage, using primary data from the global broker inquiry app, WikiFX, to provide a clear, data-driven perspective. We will analyze the broker's execution environment, account structures, and regulatory standing to determine which types of traders might find its offering compelling and what critical risks they must consider.

For any experienced trader, the long-term viability of a brokerage partner hinges on a delicate balance of trust, execution quality, and, critically, cost. Trading fees, both direct and indirect, can significantly erode profitability over time. This makes a granular understanding of a broker's cost structure not just beneficial, but essential. This in-depth analysis focuses on MH Markets, breaking down its commission fees, spreads, and other associated costs to provide a clear, data-driven perspective for traders evaluating this broker for their long-term strategies. Drawing primarily on verified data from the global broker inquiry platform WikiFX, alongside other public information, we will dissect the MH Markets spreads commissions cost structure. We aim to move beyond marketing claims and uncover the practical, real-world costs of trading with this broker, helping you determine if its pricing model aligns with your trading style and financial goals.