✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker MogaFx (also called mogafx.com), is a Forex and CFD broker. Is MogaFx really recommended to make 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: opinions about MogaFx ✅, claims eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it mogafx ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Can we withdraw our money? All this and more in this review about this investment company.
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.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: Moga International Group LLC.
✅ Regarding its location, the broker mentions being based on: Saint Vincent and the Grenadines and Australia (probably false).
✅ If we analyze the regulation of the broker: Financial Services Authority of the Grenadines (SVGFSA) and the Australian Commission for Services and Fees (ASIC).
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated broker it is very risky. 📌
If now we go on to analyze account types offered by MogaFx, we noticed that it offers 4 different types of account / plans: Standard, VIP, ECN and Raw-Spread. We will leave you an image with a little information about each type of account.
Standard- Minimum initial deposit of $ 1.000, spread of 2,5 pip, leverage up to 1: 200, 1: 300, 1: 400 and 1: 500.
VIP- Minimum initial deposit of $ 10.000, spread of 1,5 pip, leverage up to 1: 200, 1: 300, 1: 400 and 1: 500.
ECN - Minimum initial deposit of $ 50.000, spread of 0 pips, leverage of up to 1: 200, 1: 300, 1: 400 and 1: 500.
raw-spread- Minimum initial deposit of $ 10.000, spread of 0 pips, leverage of up to 1: 200, 1: 300, 1: 400 and 1: 500.
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 MogaFx offers is: MT4, MT5 And WebTrader Platform.
We will now analyze the different resources and aids for traders that MogaFx 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.
MogaFx provides the following aids or resources to traders or interested parties: explanation about some basic concepts of the world of trading, information about the services it offers, economic calendars, frequently asked questions, really not much more than this.
🟢 Other information about MogaFx 🢢
⬇️ We will leave you some more information in case you want to contact the company, or see its website for yourself. ⬇️
🌏 Website: mogafx.com
📞 Telephone number: +61 291379799 | +18682241752
📧 Email: [email protected] | [email protected]
You might be wondering why we did a review on MogaFx. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for invest with an investment company.
>>> Assessment on MogaFx <<
Ending with this section, in our opinion Do we believe that the company MogaFx is trustworthy? Should you invest your money with the company? ⭐ 2022 analysis ⭐
After an analysis, we recommend to exercise caution, because it is a company with suspicious location and regulations, in addition, looking for more information about MogaFx we found a large number of negative reviews. Bottom line: it doesn't seem like a good idea, we suggest using caution.
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?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. 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, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”1431 ″]
Good morning, do you know any way to get my money back? Thanks
Hi Vicente, thanks for commenting on MogaFx. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money on the market, they only show it and in the end they tell you that you have lost and they keep it.
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.