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MOT Forex

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Operating status: SCAM

Website: https://www.motforex.com/

Broker violations and abnormal records
  • 2024-08-27 BrokersView has reviewed that MOT Forex is an unregulated broker

    According to its website, it claims regulated by the Financial Regulatory Commission (FRC). Upon investigation, no matching information was found in the FRC.

    Therefore, MOT Forex is not regulated at all. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    MOT Forex appears to be a scam.

    According to its website, it claims regulated by the Financial Regulatory Commission (FRC). Upon investigation, no matching information was found in the FRC.Therefore, MOT Forex is not regulated at all. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.MOT Forex appears to be a scam.

2 comments

Nursultan AKZHOL
Terrible experience with MOT Forex. After several successful trades, they blocked my account with $25,000 in it and disabled my FIX API access without any explanation. I suspect the broker deliberately targets and blocks successful traders. Withdrawing funds is impossible, and their support either ignores requests or gives generic responses. I consider this company unsafe, unreliable, and a potential scam. Avoid them at all costs!
2024-11-21
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Brokersview Official
Dear, about your problems encountered in this broker, you can submit a complaint with your proofs, Please click the link to submit：https://www.brokersview.com/complaint service@brokersview.com
2024-11-21
Reply
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