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

In this section we will tell you why You should NOT invest in Morgan Trade FX. 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 Morgan Trade FX and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitemorgantradefx.com – morgantradesfx.org
🏠 Company*does not mention it
RegulatoryNot regulated
📧 Email[email protected]
📈 Leadingown platform
📌 DirectionUnited States

⚠️ Morgan Trade FX does not mention who owns it, the company is located in the United States, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we will analyze the types of accounts offered by Morgan Trade FX, in this case, we observe that it offers 5 different types of accounts:

Account typeMinimum initial deposit
Starter $200
VIP $1.000
Gold$5.000
Business$10.000
Special $100.000

Information on the web

Morgan Trade FX Website

Morgan Trade FX provides a brief explanation about the services it offers, live charts, calculators, FAQ section, not much else.

List of phone numbers

+1(458)227-3441

🚫 Morgan Trade FX Final Valuation 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Morgan Trade FX.

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 Morgan Trade FX:

Date Update – news
November 2022We receive a large number of messages from Morgan Trade FX clients who claim that they cannot withdraw their capital.

User Reviews

[democracy id = ”2486 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Morgan Trade FX.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Morgan Trade FX

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 Morgan Trade FX

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 Morgan Trade FX?

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 Morgan Trade FX a scam – is it a scam?

Yes. We believe that Morgan Trade FX 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 Morgan Trade FX trustworthy?

No. Morgan Trade FX is not trustworthy, 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 Morgan Trade FX?

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 alternatives (recommended) to Morgan Trade FX?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

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.

24 comments on «Is Morgan Trade Fx a scam? Opinions of 2023»

  1. Hugo Reply

    What's up, I was with Morgan Fiance, according to the trading I generated 128k, they wanted to scam me by posing as blockchain people, now I get an email from this person, do you know if it is legal or is it part of the scam? I attach the text of the email: [email protected]
    The email says the following:
    Hello Fernando Neumann, Tax Agent and Financial Auditor. License number ID 84NEU13F1E9R6.
    Attached you will find my personal passport and qualifying professional credential, according to the protocol, as a public servant, I am obliged to identify myself properly.
    The entity I represent has received a file with your information. We understand that you operated with an investment company and your capital has not been claimed/regulated.
    I would appreciate a response to this email, specifying your local time in which I could contact you by phone, to assist you in the recovery/regularization of your capital.
    Sincerely,
    Fernando Neuman
    Tax Agent-Financial Auditor
    Sittader Str. 1, 40477
    Düsseldorf
    Germany

    • Recommended-brokers.com Reply

      Hi Hugo, thanks for writing, but the Morgan Finance review is here: MorganFinance.
      In any case, what they are sending you is fraudulent, what they are trying to trick you into paying more money that in the end they will end up stealing, do not fall into this trap.

      Greetings.

      • Hugo

        Thank you very much for the information, I misspelled the name of the broker, I meant: Morgan Finance

      • Recommended-brokers.com

        Hi Hugo, don't worry, all the information about the broker you name can be found here: Morgan Finance.

        Greetings.

  2. Angela Reply

    Query scam broker

    Hello, could you please tell me if this is the scam broker they are talking about. It is almost the same address and the logo is the same https ://morgantradesfx .org/

    • Recommended-brokers.com Reply

      Hello Angela, it is the same broker, they are a fraud, they are bad people. Thank you for commenting on Morgan Trade Fx. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look 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.

  3. Mauricio Reply

    good day,
    My case is similar to that of others, I invested in Morgan Finance and when I wanted to withdraw the money they asked me to deposit 10% more to see if it was a robot or not. I did it and they tell me that the process was done wrong and to do it again. I borrowed money from friends and deposited again. The result was that they did not return my money either. They said that the blockchain people had it withheld, look for block chain and it turns out that they were speaking for them but it was a false account of this company [email protected]
    In short, I was left without the money invested and indebted. But what matters most to me is that these people stop operating.
    regards
    Mauricio

    • Recommended-brokers.com Reply

      Hello Mauricio, they are a fraud, they are bad people. Thank you for commenting on Morgan Trade Fx. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look 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.

  4. Roberto Reply

    They are evil that involve people saying that they are going to generate great profits with a minimum deposit, then they call you again to make more deposits and thus not lose the little that you have accumulated in supposed profits, and in reality they are only accumulating your money with no desire to help you, everything is a lie, a total fraud. $4500 has been stolen from me and I don't know how to get my money back.

    • Recommended-brokers.com Reply

      Hello Roberto, you are absolutely right, they are bad people. Thank you for commenting on Morgan Trade Fx. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look 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.

  5. ELIZABETH Reply

    They are scammers, the same thing happened to me, they sent me a letter with the collection of taxes and fees from the United Kingdom and if I did not pay, they would report me, my supposed broker is a thief Francisco Rojas and the number with which he operates is + 31619984675 and the other scammer is Sara Vega +447498173540

    • Recommended-brokers.com Reply

      Hi ELIZABETH, thanks for commenting on Morgan Trade Fx. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look 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.

  6. Marcela Reply

    They are scammers, do not fall for them please!
    Julian Garcia and Gian Paolo Moroni two Morgan Finance criminals!

    • Recommended-brokers.com Reply

      Hi Marcela, thanks for commenting on Morgan Trade Fx. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look 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.

  7. Veronica Reply

    All the previous comments are absolutely true, everything is operated manually, you invest little and earn a lot, but when you want to withdraw them, they ask you to pay again to prove your solvency and pay taxes in your country, I requested to withdraw US$ 500 immediately they froze my account and they ask me for $8.000 to give me $47.000, not even King Midas! I don't recommend it, they are scammers, I no longer have access to my account.

    • Recommended-brokers.com Reply

      Hi Veronica, thanks for commenting on Morgan Trade Fx. 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 in the market, they just make it look 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.

    • Marcela Reply

      The same thing happened to me, with a broker named Julian Garcia and another Gian Paolo Moroni, two scammers from the same Morgan Finance company... they must be reported everywhere and nobody else falls for these criminals!

      • Max

        Hello Marcela,
        A client has asked me to help him recover his funds. Gian Paolo Moroni has cheated him. Can you contact me privately or write to the forum to see if we can make a claim together?
        Thank you,

  8. Jhoan Jauregui Reply

    This is the best page, hopefully it will reach the whole world, so that more people do not continue to lose their money that with little effort arrives and these scammers remain free

    • Recommended-brokers.com Reply

      Hi Jhoan, thank you very much for your support.

      Greetings.

  9. Jhoan Jauregui Reply

    This is the best page, hopefully it will reach the whole world, so that more people do not continue to lose their money that comes with so much effort and these scammers remain free

    • Recommended-brokers.com Reply

      Hi Jhoan, thanks for commenting on Morgan Trade Fx. 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 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.

    • Recommended-brokers.com Reply

      Hi Jhoan, thanks for commenting on Morgan Trade Fx. 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 to withdraw your money they ask you to pay more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and even if you pay, they will not return anything.

      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.

Leave your comment

Your email address will not be published. Required fields are marked with *