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MTFE Review -
🔍Discover everything you need to know about MTFE, an online trading provider boasting access to over 80 trading products, in our latest deep dive video! MTFE claims to offer a user-friendly trading platform, free training accounts, and 24/7 multilingual support, but what's the truth behind this facade? Find out here!👇
MTFE, or the Metaverse Foreign Exchange Group, is based out of Canada but doesn't provide much info about its company origins or staff. Some research reveals a LinkedIn page with 12 employees from Bangladesh, Sri Lanka, and UAE, but that's about it. Is this lack of transparency concerning?
The company is relatively new, with its domain registered in December 2021. It boasts a global rank of 579,692 and has 519 backlinks from 94 referring domains, including Apple.com. But their Semrush Authority score? A paltry 9%. That's not enough to pass our scam screening.
📲Their mobile app, available on iOS and Android, is where things start to look rocky. Users report problems with registration, deposits, password resets, and the user interface itself. And that's not all; there are allegations of scam activity, with numerous complaints about the app freezing accounts and making it difficult to withdraw money.
🗣Reviews aren't much better. Trustpilot users have awarded MTFE a middling 3.2/5 stars, with many customers accusing it of being a scam site that takes money without any accountability. There are even reports of MTFE representatives luring customers into investing more money, then disappearing with the funds.
WikiFX, another review source, acknowledges MTFE's legitimacy but highlights potential risks. They recommend clients choose brokers with a longer track record, noting the lack of important info on MTFE's website and issues with its proprietary trading platform.
Yet another review raises flags about MTFE's questionable services, lack of regulation, and transparency. They warn about high fees, poor communication, pushy behavior, and potential identity theft. Overall, MTFE is painted as a dangerous choice for investors.
🏳️The bottom line? MTFE appears to be an unlicensed offshore forex broker, which is a significant risk to investors. Despite claims of being incorporated in Australia and regulated by FINTRAC, there's no proof of either. With confusing trading software, unclear account procedures, and potential withdrawal fees, we advise extreme caution.
Have you had any experiences with MTFE? Did you lose money to this potential scam? Make sure to leave a comment below, share your experience, and get a free consultation with one of our recommended scam recovery companies.
⚠️Stay vigilant, and remember: if something looks too good to be true, it probably is. Watch our video to learn more about the potential dangers of investing with MTFE, and don't forget to like, share, and subscribe for more investigative content.
