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

In this section we will tell you why You should NOT invest in MorganFinance. 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 MorganFinance and tell you why we came to such a conclusion:

Basic Information

🌐 Websitemorganfinance.trade | morganfinance.io
🏠 CompanyEffervescent Group LTD
RegulatoryNot regulated
📧 Email[email protected]
📈 LeadingMetaTrader 4 and MetaTrader 5
📌 DirectionFirst Floor, First ST Vincent Bank LTD Building, James Street, Kingstown VC0100, Saint Vincent and the Grenadines

⚠️ MorganFinance is owned by Effervescent Group LTD, the company is located in Saint Vincent and the Grenadines, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️

Account types

Now we are going to analyze the types of accounts that MorganFinance offers, in this case, we observe that it offers 5 different types of accounts:

Account typeMinimum initial deposit
Bronze$250
Silver$1000
Gold$5000
Platinum$10000
Diamond$25000

Information on the web

Morgan Finance website

MorganFinance provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, live charts, really not much more than that.

List of phone numbers

  • +447418358180
  • +447418357950

🚫 MorganFinance Final Valuation 🚫

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

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

MorganFinance News:

Date Update – news
April 2023Complaint against MorganFinance of AMF
May 2023The company is associated with 5marketsA company with a bad reputation. WE SUGGEST CAUTION.
October 2023Complaint against MorganFinance of FCA
November 2023Complaint against MorganFinance of CySEC
March 2024Complaint against MorganFinance of CNMV

User Reviews

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

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


How to Claim Money Scammed by MorganFinance

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 MorganFinance

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 MorganFinance?

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 MorganFinance a scam – is it scam?

Yes. We believe MorganFinance 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 MorganFinance reliable?

No. MorganFinance 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 MorganFinance?

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 MorganFinance?

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.

67 comments on «MorganFinance: rating and reviews»

  1. save Reply

    Attention, be careful with SAMUEL FERREIRA and FRANCISCO ROJAS, they want to pass themselves off as serious people who know about investments but they are thieves, everything they tell you, everything is a lie, they just want to steal your capital as quickly as possible, and as much money as possible. Be very careful, block their calls now.

    • Recommended-brokers.com Reply

      Hi salva, thanks for writing about MorganFinance. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

  2. CHEATED Reply

    The Morgan Finance scam is growing, they are stealing from all their clients, they trick you from the beginning into trusting… they are SCAM!!!!!

    • Recommended-brokers.com Reply

      Hi SCAMMED, thanks for writing about MorganFinance. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

  3. Peter Reply

    My name is Pierr… the company that scammed me is MORGAN FINANCE…. SAMUEL FERREIRA +447760202173, FRANCISCO ROJAS +442033180509 and RICARDO PEREIRA +34910032712 course BLOCKCHAIN… I hope you contact me. Thank you

    • Recommended-brokers.com Reply

      Hi Pierr, thanks for writing about MorganFinance. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

  4. SCAMMED BY MORGAN FINANCE Reply

    HELLO I CAN'T WITHDRAW THEY HAVE BLOCKED ME FROM MONEY WITHDRAWALS THEY ARE LIARS, PLEASE DON'T FALL WITH THEM THEY ONLY WANT YOUR MONEY AND AT THE TIME OF WITHDRAWING THEY ARE PURE EXCUSES THEY ARE PROFESSIONAL THIEVES

    DON'T FALL MORGAN FINANCE THEY ARE FUCKING THIEVES!!

    • Recommended-brokers.com Reply

      Hi SCAMMED, thanks for writing about MorganFinance. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

  5. VERONICA Reply

    Today I am requesting the total withdrawal of the capital, they tell me that in 24 hours I will have an answer, I will tell you what happens with this, greetings

    • Recommended-brokers.com Reply

      Hello VERONICA, we already know what will happen, they will give you a thousand excuses. Thanks for writing about MorganFinance. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

    • Geraldo Reply

      Veronica, were you able to withdraw your money from Morgan finance?

  6. Peter Reply

    bad broker, they keep your money and you can't do anything to get it back, bad experience, they are thieves, scammers!!!

    • Recommended-brokers.com Reply

      Hi Peter, thanks for writing about MorganFinance. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

  7. diana Reply

    Hello good afternoon ! I want to invest some money in morgan finance I would like to have some reference from you thank you very much

    • Recommended-brokers.com Reply

      Hi Diana, thanks for writing about MorganFinance. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

  8. Silvia Reply

    MORGAN FINANCE are a scam. Thieves, handlers and victims go.
    The day before yesterday I opened an account, at least, and after 2 hours I wanted to cancel it. Impossible.
    I confronted my so-called Advisor and he told me that I was a brat and that I shouldn't threaten him that he was going to send me. OVER…
    I THINK I WILL NOT RECOVER MY €400 BUT PLEASE DO NOT FALL INTO THE HANDS OF THESE SCAMMERS.

    • Recommended-brokers.com Reply

      Hello Silvia, you are doing well to notify other people, the more details you provide, the fewer people will fall for this scam. Thanks for writing about MorganFinance. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

  9. nm Reply

    they are a real fucking scam they never let you withdraw your capital…. They are scammers... if you don't believe what I say just try to withdraw and you will see that they start to invent 1000 different excuses they are scammers

    • Recommended-brokers.com Reply

      Hi nm, thanks for writing about MorganFinance. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

  10. Thomas-2 Reply

    This company stole my money, how can I get it back?

    • Recommended-brokers.com Reply

      Hi Thomas, thanks for writing about MorganFinance. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY

      Greetings.

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