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Abstract：Made profits on MTrading, but can’t withdraw due to unfair conditions? Witnessing a tardy response from the customer support team despite completing the verification procedure? All these hint toward a potential scam. Many have witnessed scams at MTrading and made negative comments against the broker. Take a look at what they are saying.
Made profits on MTrading, but cant withdraw due to unfair conditions? Witnessing a tardy response from the customer support team despite completing the verification procedure? All these hint toward a potential scam. Many have witnessed scams at MTrading and made negative comments against the broker. Take a look at what they are saying.
Earning profits through forex trading requires a detailed and disciplined approach to investing. As a trader, you have got all the right to withdraw profits. However, when forex brokers such as MTrading disallow you from withdrawing profits, you would understandably feel upset. Such has been the case with this trader, who, despite earning profits exceeding $10,000, was asked to undergo a verification, which he passed successfully. However, MTrading suspended his account, leaving him with no option but to criticize this act on a broker review platform. Take a look at the screenshot below.
Completing the verification process and yet the account seems to be unverified on the user dashboard, is becoming typical for traders at MTrading. These traders contact the support team only to find no response to the matter. It only raises the concern for traders. Here is one trader whose account is unverified despite the verification procedure completion. And no one has responded to the email through which the trader raised a complaint.
Yes, a trader has made this stunning allegation against MTrading. Every day, the trader sees unfair and unreported deductions of 200+ USD. Seeing these deductions, the trader has rightfully turned to a broker review platform to express his anguish. Here is the screenshot containing his sharp words.
The primary reason is that MTrading is not a licensed broker. As it is not mandated to follow regulatory procedures as regulated brokers, MTrading is able to scam traders by bringing in unfair conditions and not responding to queries. Given the imminent risks involved, WikiFX has given it a score of just 2.39 out of 10.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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