MS

MS | 2024-08-07 16:30

Abstract：MS claims to be regulated by the Australia Securities & Investment Commission and holds an Investment Advisory License. But this license is suspected to be a fake clone.

Is MS a Scam？

Scam Brokers List

MS has been listed on WikiFX's Scam Brokers list. The platform operates as a Ponzi scheme. Please be aware of the scam domains as follows: https://www.mforex.com

Regulatory Concerns

MS claims to be regulated by the Australia Securities & Investment Commission and holds an Investment Advisory License. But this license is suspected to be a fake clone.

This means that MS is not validly regulated by any authority to provide financial services. Therefore, investors' funds in this company are unsafe.

Scam Exposure

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

Traders are encouraged to review 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.

As of now, there were 2 pieces of Cooper Markets exposure in total. I will introduce all of them.

Exposure 1. Withdrawal Issue

Classification	Unable to Withdraw
Date	2023-03-27
Post Country	Ecuador

The user invested in MS that initially paid her returns but ultimately faced issues during a withdrawal process. Eventually, it resulted in a failed attempt to access her funds. You may visit: https://www.wikifx.com/en/comments/detail/202303263322560505.html

Exposure 2. Withdrawal Issue

Classification	Unable to Withdraw
Date	2018-7-25
Post Country	Hong Kong, China

The user requested a withdrawal in October 2017 and was told it would be processed by April, but he has yet to receive the funds. You may visit: https://www.wikifx.com/en/comments/detail/208076093025809.html

Broker Dealer

Related broker

Scam Brokers

Company name：M6 Securities PTY LTD

Score

1.58

Website：https://www.mforex.com/index.html

Scam Brokers | 5-10 years | Suspicious Regulatory License | Suspicious biz area

Score

1.58

Why is there so much exposure against PrimeX Capital?

In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.

Original 2024-12-25 18:24

WikiFX Review: Something You Need to Know About Markets4you

Markets4you, is a global forex broker launched in 2007. It was established in the British Virgin Islands. This broker offers its global traders various market instruments.

Original 2024-12-23 17:49

MultiBank Group Wins Big at Traders Fair Hong Kong 2024

Discover how MultiBank Group, a global leader in financial derivatives, secured three prestigious awards at Traders Fair Hong Kong 2024, highlighting its innovative trading solutions and industry excellence.

Original 2024-12-20 15:19

Doo Financial Expands Reach with Indonesian Regulatory Licenses

PT. Doo Financial Futures, a subsidiary of the global financial services brand Doo Group, has secured regulatory approval from Indonesia’s Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI).

Original 2024-12-19 17:59