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MQF -

Score

1.52 /10
Danger

MQF

Hong Kong

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

http://www.mfinancel.com

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Score

Regulatory Index0.00

Business Index7.07

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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Broker Information

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Company Name

Miracle Quality Finance Limited

Company Abbreviation

MQF

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

MQF · Company summary
MQF Review Summary
Founded2-5 years
Registered Country/RegionChina
RegulationUnregulated
Market InstrumentsCurrency Pairs, Commodities, Indices
Demo AccountAvailable
LeverageUp to 1:1000
SpreadN/A
Trading PlatformMetaTrader 5
Min Deposit300 USD
Customer SupportEmail: info@tpsgwl.com and info@mfinancel.com

MQF Information

MQF is a China-based financial company that has been operating for 2-5 years and offers a range of financial services to its clients. The company offers VIP accounts, regular MT5 and Professional ECN.

MQF specializes in currency pairs, commodities and index trading, with a minimum deposit requirement of $300 and a maximum leverage of 1:100. The company's main trading platform is MetaTrader 5 and comes with a demo account for users to familiarize themselves with the platform.

Pros and Cons

ProsCons
Various Market InstrumentsLack of Regulatory Oversight
Low Minimum DepositLimited Customer Support Channels
Available Demo accountLimited fees information

Is MQF Legit?

MQF is under no valid regulation reight now.

What Can I Trade on MQF?

MQF offers traders the opportunity to trade Currency Pairs, Commodities, and Indices.

Commodity market instruments range from precious metals such as gold and silver to energy resources such as oil。

Tradable InstrumentsSupported
Commodities✔
Currency Pairs✔
Indices✔
Stocks❌
Precious metals❌
Energy products❌
Mutual Funds❌
Futures❌

Account Types

MQF offers three live account types, namely VIP account, Ordinary MT5 account, and Professional ECN account.

VIP accounts require a minimum deposit of $50,000.

A regular MT5 account requires a minimum deposit of $300 and offers a maximum leverage of 1:100.

Professional ECN accounts require a minimum deposit of $3,000 and offer a maximum leverage of 1:100.

VIP accountOrdinary MT5 accountProfessional ECN account
Minimum Deposit$50,000$300$3,000
Maximum leverageranging1:1001:100

Leverage

MQF provides a maximum leverage of 1:100.

Trading Platform

MQF selects the MT5 platform to serve clients.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5✔Windows, MAC, IOS, AndroidInvestors of all experience levels
Trading Platform

Customer Support

MQF ensures customer support through email channels (info@tpsgwl.com and info@mfinancel.com).

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FX1588722582
more than one year
I'm really disappointed with MQF's customer service regarding my complaint. Their response was poor, and the only solution they suggested was for me to uninstall and reinstall their program, even though it was their mistake!
I'm really disappointed with MQF's customer service regarding my complaint. Their response was poor, and the only solution they suggested was for me to uninstall and reinstall their program, even though it was their mistake!
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2024-01-05 18:49
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