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More Than a Month Has Passed! The Withdrawal from MFM Securities Has NOT been Credited

2023-03-13 Brokersview

Unlicensed brokers are popping up all over the financial markets. Faced with the lure of money, scammers are constantly playing tricks to try to take investors' money for themselves. The most common of the tricks is to trip people up on the path of withdrawal.

 

It's been a month, and where is the money?

Recently, a user told us about his withdrawal dispute with MFM Securities. He said that he had invested in this platform without any problems with deposits or transactions, but he didn't expect to encounter an obstacle when it came to withdrawals. It's been more than a month and I haven't seen the funds arrive. The request is still pending.


 

In fact, this is not the first user to have a dispute with MFM Securities. In October last year, we received a complaint from another client about the unlicensed broker. The client said that the company had inexplicably wiped out the profits from his account, refused to allow him to retrieve the capital, and finally even froze his account!

 

Unlicensed & Warned Company

MFM Securities is operated by MFM Securities Limited, a company registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines (25263 BC 2019). However, BrokersView has consistently reminded investors that the SVG FSA provides registration services only and does not regulate financial activities.

 

The company also operates another brand called MFM Broker.

 

More importantly, the Malaysian Securities Commission (SC) warned the company and the two brands it operates.


 

Other users of BrokersView are also very unhappy with the company. This is not the only case that MFM Securities delaying the withdrawal of funds.


 

If you have any disputes with brokers, you may submit a complaint here: https://www.brokersview.com/complaint

BrokersView helps you contact brokers and expose their inappropriate operations.

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