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Abstract：MTFE recently opened multiple operation centers in the Middle East and South Asia. This broker seems to be growing too rapidly to be trusted. In addition, WikiFX received a lot of exposure from traders against MTFE. We wonder if MTFE is reliable. In today’s article, we will show one of those cases of how MTFE scammed people out of their money based on the evidence gathered by WikiFX.
Search “MTFE” on WikiFX.com for more specific information about this broker.
https://www.wikifx.com/en/dealer/3517753597.html
MTFE recently opened multiple operation centers in the Middle East and South Asia. This broker seems to be growing too rapidly to be trusted. WikiFX received a lot of exposure from traders against MTFE. In todays article, we will show one of those cases of how MTFE scammed people out of their money based on the evidence gathered by WikiFX.
About MTFE
MTFE recently opened multiple operation centers in the Middle East and South Asia despite that this broker has only 2 years of trading experience. On March 7, 2023, the MTFEs Bangladesh team distributed supplies to local “depressed and needy people” in Bangladesh. MTFE is also vigorously promoting its AI trading system. Traders don't have to spend too much time managing their accounts, and the AI system can automatically handle it. However, many traders accuse MTFE of scams. The biggest problem that this broker has lies in withdrawal rejection. WikiFX considers this broker a Ponzi Scheme.
About WikiFX
WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 40,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.
According to WikiFX, MTFE has been given a decent score of 1.23/10.
Description of the case in brief
UNABLE TO WITH FROM MTFE BROKER.
One trader told WikiFX that he used to have 4800usd in his wallet. MTFE keeps delaying the withdrawal. The withdrawal should take 2 to 3 working days but they made him wait 4 days which was the blow day like they knew the trader will trade the signal. The customer service keeps wasting this traders time, which makes the trader become angry.
Evidence gathered by WikiFX
Below are the victim's proof and chats with the MTFE customer service.
Conclusion
Many scam brokers like to make an excuse to delay clients withdrawals and ask the clients to deposit more money when the clients want to withdraw. We believe that MTFE is getting involved in a scam. The reason why WikiFX exposed this case to the public is to remind all traders of the potential risks. All traders should be vigilant when investing in a broker.
WikiFX is actively reaching out to the victim and other traders hoping to find more evidence to help him resolve the problem. Please stay tuned for more information.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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