Malta Financial Services Authority

Year 2002Regulated by Government

The Malta Financial Services Authority (MFSA) is the single regulator of financial services in Malta established on 23 July 2002 through the Act of Parliament (Chapter 330 of the Laws of Malta). MFSA’s main functions are the protection of consumers, integrity of financial markets, financial stability and the supervision of all financial services activities,which include banking, financial institutions, payment institutions, insurance companies and insurance intermediaries, investment services companies and collective investment schemes, securities markets, recognised investment exchanges, trust management companies, company services providers and pension schemes. MFSA also holds an advisory role to Government in the formulation of policies on matters relating to the financial services industry.

Disclose broker
Danger Unauthorized
Disclosure summary
  • Disclosure matching Website matching
  • Disclosure time 2020-06-02
  • Reason for punishment The Malta Financial Services Authority (“MFSA”) has become aware of an entity operating under the names of MatrixFX Trade or MFXT Ltd which have an internet presence at https://www.matrixfxtrade.com/. The entity claims to be “a regulated broker by the MFSA over 7 years” that “offers forex and CFD exchanging”. This website is making unauthorised use and reference to the registered address and other company details of a Maltese licensed company.
Disclosure details

MFSA Warning - MatrixFX Trade or MFXT Ltd – Unlicensed Exchange

MFSA Warning - MatrixFX Trade or MFXT Ltd – Unlicensed Exchange JUNE 02, 2020 Share The Malta Financial Services Authority (“MFSA”) has become aware of an entity operating under the names of MatrixFX Trade or MFXT Ltd which have an internet presence at https://www.matrixfxtrade.com/. The entity claims to be “a regulated broker by the MFSA over 7 years” that “offers forex and CFD exchanging”. This website is making unauthorised use and reference to the registered address and other company details of a Maltese licensed company. The MFSA wishes to alert the public, in Malta and abroad, that MatrixFX Trade or MFXT Ltd are NOT Maltese registered Companies NOR licensed or otherwise authorised by the MFSA to provide the service of an exchange or other financial services which are required to be licensed or otherwise authorised under Maltese law. The public should therefore refrain from undertaking any business or transactions with the above-mentioned entities. The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator. Investors are advised to be extra cautious when being approached with offers of financial services via unconventional channels such as telephone calls or social media. A list of entities licensed by the MFSA can be viewed on the official website of the MFSA at https://www.mfsa.mt/financial-services-register/. If you are a victim of a scam or think you might be dealing with an unauthorised entity or any other type of financial scam, first of all stop all transactions with the company and contact the MFSA at https://www.mfsa.mt/about-us/contact/ as soon as a suspicion arises. Verżjoni bil-Malti L-Awtorità għas-Servizzi Finanzjarji ta’ Malta (“MFSA”) ġiet infurmata b’entità li qed topera bl-isem ta’ MatrixFX Trade jew MFXT Ltd u li għandha preżenza fuq l-internet fis-sit https://www.matrixfxtrade.com/. L-entità tiddikjara li hija “a regulated broker by the MFSA over 7 years” u li toffri “forex and CFD exchanging”. Dan is-sit qed jagħmel użu mhux awtorizzat u referenza għall-indirizz reġistrat u dettalji oħra ta’ kumpanija li hi liċenzjata Malta. L-MFSA tixtieq tavża lill-pubbliku f’Malta u barra minn Malta li MatrixFX Trade jew MFXT Ltd MHUMIEX kumpaniji rreġistrati hawn Malta u LANQAS M’HUMA liċenzjati jew b’xi mod ieħor awtorizzati mill-MFSA biex jipprovdu servizzi ta’ skambju jew servizzi finanzjarji oħra li huma meħtieġa li jkunu liċenzjati jew bi kwalunkwe mod ieħor awtorizzati taħt il-liġi Maltija. Għaldaqstant il-pubbliku m’għandu jidħol fl-ebda ftehim kummerċjali jew tranżazzjonijiet mal-entitajiet msemmija. L-MFSA għalhekk tixtieq tfakkar lill-konsumaturi ta’ servizzi finanzjarji biex ma jidħlu f’ebda transazzjoni ta’ servizzi finanzjarji qabel ma jkunu ċerti li l-entità li magħha qed issir it-transazzjoni hija awtorizzata li tipprovdi dawk is-servizzi mill-MFSA jew minn xi regolatur ieħor tas-servizzi finanzjarji ta’ reputazzjoni tajba. L-MFSA twissi wkoll lill-investituri biex joqgħodu estremament attenti meta jsirulhom offerti ta’ servizzi finanzjarji b’metodi mhux konvenzjonali bħal telefonati jew permezz tal-midja soċjali. Lista ta’ entitajiet liċenzjati mill-MFSA hija disponibbli fuq is-sit uffiċjali tal-MFSA fuq https://www.mfsa.mt/financial-services-register/. Jekk inti vittma ta’ xi qerq (scam) jew taħseb li tista’ tkun qed titratta ma’ entità li mhix awtorizzata jew xi tip ta’ ingann finanzjarju ieħor, waqqaf kull transazzjoni ma’ din l-entita’ u kkuntattja minnufih lill-MFSA fuq https://www.mfsa.mt/about-us/contact/.
Annex
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