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MTFE is an Unregulated Forex Broker
Today, BrokersView will reveal a case submitted by a client of MTFE who participated in MTFE's signal trading services but ended badly.
Search “MTFE” on BrokersView.com for more specific information about this broker.
https://www.brokersview.com/brokers/mtfe
In this case, the client disclosed the phone number of MTFE's representative, and we found a red flag instantly!
The client also shared a screenshot from a Whatsapp group chat that he participated. This was how he received trading signals alongside other followers.
Unfortunately, signal trading did not turn out the way the client imagined. He suffered a huge loss and wanted to quit trading when he realised that MTFE did not entertain his withdrawal request.
The intricate world of currency exchange can be dangerous for people with little or no prior knowledge of how forex-automated trading systems function.
BrokersView has reviewed that MTFE is an Unregulated Forex Broker
MTFE claims to be regulated under the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) (MSB No.: M22076570).
However, FINTRAC is Canada's financial intelligence unit and its mandate is to facilitate the detection, prevention and deterrence of money laundering and the financing of terrorist activities, while ensuring the protection of personal information under its control. It doesn't regulate any Forex investment activities. The truth is, MTFE is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
Search “MTFE” on BrokersView.com for more specific information about this broker.
https://www.brokersview.com/brokers/mtfe
In this case, the client disclosed the phone number of MTFE's representative, and we found a red flag instantly!
The client also shared a screenshot from a Whatsapp group chat that he participated. This was how he received trading signals alongside other followers.
Unfortunately, signal trading did not turn out the way the client imagined. He suffered a huge loss and wanted to quit trading when he realised that MTFE did not entertain his withdrawal request.
The intricate world of currency exchange can be dangerous for people with little or no prior knowledge of how forex-automated trading systems function.
BrokersView has reviewed that MTFE is an Unregulated Forex Broker
MTFE claims to be regulated under the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) (MSB No.: M22076570).
However, FINTRAC is Canada's financial intelligence unit and its mandate is to facilitate the detection, prevention and deterrence of money laundering and the financing of terrorist activities, while ensuring the protection of personal information under its control. It doesn't regulate any Forex investment activities. The truth is, MTFE is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.