Score

1.53 /10
Danger

MT4 TRADE

United States

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.17

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

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

open now

Regulatory disclosure

Warning

SG MAS
2020-09-21

Broker Information

More

Company Name

MT4 TRADE

Company Abbreviation

MT4 TRADE

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
MT4 TRADE · Company summary

Note: MT4 TRADE's official website: https://www.mt4-trade.com is normally inaccessible.

MT4 TRADE Information

MT4 TRADE is an unregulated brokerage company registered in the United States engaged in forex and binary options investments. While the broker's official website has been closed, so traders cannot obtain more security information.

MT4 TRADE Information

Is MT4 TRADE Legit?

Is MT4 TRADE Legit?

MT4 TRADE is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is MT4 TRADE Legit?

After a Whois query, we found that this company's domain name is for sale, which shows that this company has not registered it securely.

Downsides of MT4 TRADE

  • Unavailable Website

The website of MT4 TRADE is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since MT4 TRADE does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

MT4 TRADE is not regulated, which is less safe than a regulated one.

  • Withdrawal Difficulty

According to a report on WikiFX, users encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.

Negative MT4 TRADE Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative MT4 TRADE Reviews on WikiFX

Currently, there are 3 pieces of MT4 TRADE exposure in total.

Exposure. Cannot withdraw

ClassificationUnable to Withdraw
Date2020
Post CountryHong Kong, China/Russia

You may visit: https://www.wikifx.com/en/comments/detail/202011249982458672.html https://www.wikifx.com/en/comments/detail/202011025392935518.html https://www.wikifx.com/en/comments/detail/202005247842684135.html.

Conclusion

MT4 TRADE Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the trading risks of the broker are high. It is advisable to choose regulated brokers with transparent operations to ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

User Reviews

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User comment

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Comments

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FX1279533172
more than one year
The website of the company MT4 TRADE can no longer be opened. I see it requires a minimum of $500, which is a bit too high.
The website of the company MT4 TRADE can no longer be opened. I see it requires a minimum of $500, which is a bit too high.
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2023-03-01 10:42
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