✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

Comments on MallonFX
In this section we will analyze the broker MallonFX (also called with the name: mallonfx.com), is a broker of Forex , Cryptocurrencies y CFDs. Is MallonFX really recommended for making an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅

➡️ In this section you can find the following: opinions about MallonFX ✅, claims, complaints eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it mallonfx ⚠️ a safe broker? Can we trust this company? Will we be able to withdraw our money? All this and more in this review about this investment company.

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Essential information: Who does it belong to? Where is located? Is it a regulated broker?

❌ MallonFX mentions being part of: AMC Trade Finance Ltd (nonexistent)

 

❌ Regarding your location, the broker mentions being based on United Kingdom, but there is no information to corroborate this, that is why we believe that it is a false data.

 

❌ If we analyze your rregulation, we see that they mention the FCA regulation, but this is falseBecause does not figure in the agency's record list.

 

ATTENTION: MallonFX is a broker NOT REGULATED. ⛔

 

📌 RememberRegulated brokers are the best (and safest) option, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌

 

Account types | Investment platform

 

If now we go on to analyze account types offered by MallonFX, we noticed that it offers 6 different types of accounts: Basic Account, Standard Account, Bronze Account, Silver Account, Gold Account and Platinum Account. We will leave you an image with a little information about each type of account.

Basic account: minimum initial deposit of $150, spread of 15 points, leverage up to 1: 1000, minimum lot 0.1.

Standard Account: minimum initial deposit of $500, spread of 14 points, leverage up to 1: 1000, minimum lot 0.1.

Bronze Account: minimum initial deposit of $10.000, spread of 10 points, leverage up to 1: 1000, minimum lot 0.1.

Silver Account: minimum initial deposit of $25.000, spread of 7 points, leverage up to 1: 1000, minimum lot 0.1.

Gold Account: minimum initial deposit of $50.000, spread of 5 points, leverage up to 1: 1000, minimum lot 0.1.

Platinum Account: minimum initial deposit of $100.000, spread of 1 points, leverage up to 1: 1000, minimum lot 0.1.

 

MallonFX account types
MallonFX account types

In the following image you can have more information about the types of account. Click here to see the image in full size.

La platform to operate that MallonFX offers is: own platform.

 

Resources | Website

 

We will now analyze the different resources and aids for the trader that MallonFX provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.

MallonFX website
MallonFX website

MallonFX provides the following aids or resources to traders or interested parties: a little information about the products you offer, live charts, FAQ section, really not much more than this.

 

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🌐 Other information about MallonFX 🌐

 

???? Some more information in case you want to contact the company, or see its website for yourself. ????

🌏 Website: mallonfx.com

📞 Telephone number: does not have.

📧 Email: [email protected]

You may be wondering why we did a review on MallonFX. We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question. We like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before deciding or not to invest with an investment company.

Are you a representative of this company? We recommend you leave a comment responding to customer concerns.

➡️ Rating on MallonFX ⬅️

 

Ending with this section, in our opinion Do we believe that the company MallonFX is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐2022 analysis

 

❌ After analyzing this company, we advise you to exercise caution, as it is a very non-transparent offshore shell company that tries to impersonate a regulated broker, but does not offer legal information, is not registered (or is registered in a tax haven) and also lacks regulation (unregulated company). ❌

 

(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. 📛

 

⛔ Attention ⛔ : in July 2021 FCA added MallonFX to your list of fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION ⛔

➡️ Link to the ⚠️ FCA July 2021 warning

 

Our advice: We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator? 

 

📌 Don't forget: One of the few measures that assure clients' money is the regulation of the broker, that is, it is probably the most important characteristic of any broker; HAVE GOOD REGULATION. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain. 📌

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, also leave a comment on our website with your experience with this broker.

 

🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻

 

[democracy id = ”2000 ″]

 

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «MallonFX: Rating and Comments»

  1. Jason S. Reply

    I need to get my money back, an FCA report has already come out saying that it has denounced them but does this guarantee that they will return the money?

    • Recommended Brokers Reply

      Hi Jason, thanks for commenting on MallonFX. This broker is a SCAM. The FCA (UK Financial Regulator) has already warned about them, for fraud and not being regulated (see FCA link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

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