✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Mastertradeplusfx. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Mastertradeplusfx and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | mastertradeplusfx.com |
| 🏠 Company | Unknown |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | MT5 |
| 📌 Direction | Unknown |
⚠️ mastertradeplusfx no mentions the legal name of the company that operates it and despite ensuring that they are regulated by FSCA, we were able to verify that this is not true. Everything indicates that it is a scam site. ⚠️
Account types
Now we will analyze the types of accounts offered by Mastertradeplusfx, in this case, we observe that it offers 3 different types of accounts:
| Account type | Minimum initial deposit |
| Standard | $0 |
| ECN | $0 |
| Family | $0 |
Information on the web
Mastertradeplusfx provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, live charts, really not much more than this.
List of phone numbers
At the moment we have not found phone numbers.
🚫 Mastertradeplusfx Final Valuation 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Mastertradeplusfx.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about Mastertradeplusfx:
| Date | Update – news |
|---|---|
| November 2022 | Complaint against Mastertradeplusfx of FCA. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Mastertradeplusfx.
At the end of the review you will find customer comments.
How to Claim Money scammed by Mastertradeplusfx
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report Mastertradeplusfx
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report Mastertradeplusfx?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Mastertradeplusfx a scam – is it scam?
Yes. We believe that Mastertradeplusfx is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Mastertradeplusfx reliable?
No. Mastertradeplusfx is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from Mastertradeplusfx?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Mastertradeplusfx?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
FCA has filed several complaints against this company of thieves, everything is on its website
Hi Nabil F, thanks for writing about Mastertradeplusfx. This broker is considered a SCAM. The FCA (Financial Regulator of the United Kingdom) has put a notice on them, for lack of regulation and for misleading their customers (See FCA link).
We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you have lost everything and they keep it that way.
If when you request a withdrawal, they ask you for more to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.
All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the names of your advisor, numbers, emails from which they have contacted you, etc.
To get your money back, talk to our CHAT or fill out the Form at this link: CLAIM YOUR MONEY
Greetings.