My Forex Trade reviews are a scam company! Truth!

My Forex Trade calls itself one of the fastest growing trading technology providers. It provides profitable speculation in cryptocurrencies, CFD contracts, currency pairs and other instruments. My Forex Trade talks about making big profits through the use of hedge funds. It provides the opportunity to trade on a variety of platforms using the popular Metatrader 4 platform. The official website talks about the many benefits of cooperation, but before registering, you need to check the authenticity of these statements. The trader should pay special attention to the legal documents confirming the quality of the services provided.

Information about the brokerage company

The official website of My Forex Trade describes quality work for 7 years. According to the founders of the project, they have been operating since 2013, providing really useful services. The company aims to empower its traders by helping them take control of their financial lives. Talking about the philosophy, the company mentions a simple and convenient platform for investors. The program provides high profits in a short time period. Brand representatives talk about their superiority in world markets, while the official resource was registered only in 2022. Thus, the brand has been functioning for only a few months and cannot be considered reliable at all.

In an attempt to attract new customers, the brand describes its culture. He strives to ensure that the investor trusts an impeccable experience, oversees the provision of a first-class trading environment. The working platform is based on innovative technologies. The brand employees are looking forward to expanding the functionality for professional investors and traders. A potential client can contact a personal consultant to clarify important aspects of professional activity. Contact details include:

1. A feedback form that allows you to ask any question to a brand representative.
2. U.S. head office address
3. E-mail to contact the firm’s employees.
4. Mobile phone number to contact the consultant.

The exchange player must find out all the details from a personal assistant before starting a full-fledged cooperation with the company. He should pay great attention to legal documents, licenses and certificates for professional activities. If a firm operates on the world market without appropriate permits, then it has no access to the world market. As a rule, these are scammers who pursue the goal of stealing other people’s funds. They create a simple web portal for pennies, luring in gullible newbies.

Trade relations with My Forex Trade

The company analyzes the global market and inspires its traders to active market trades. The client will stay up to date with the latest market news and price trends. You can watch the daily news bulletins live. The Metatrader 5 platform is used to carry out market trading. My Forex Trade exchange intermediary talks about the features of his system:

• The trading platform is easy to download and upload to any device. It allows you to work on world markets regardless of your location.
• Technical analysis is carried out using 50 indicator programs. Unique price charting tools available.
• The initial deposit is 100 US dollars. A relatively small entry threshold allows literally every working person to start cooperation.
• Narrow spreads start from 0 pips. Relatively small commission deductions provide a good final income.

There is very little useful data on the information portal. Brand representatives do not publish information about tariffs and prices on the myforex-trade.com website. Reviews will help clarify important features of cooperation, so before registering, you should chat with past clients. The trader will understand how the intermediary actually works, whether it is worth believing his promises. He will bypass fraudulent firms and select the best representatives of the industry for cooperation. A beginner should be especially careful, because otherwise he will face large expenses.

Should I register with a brokerage system?

An analysis of the official site showed that a trader should not contact My Forex Trade. There are currently no reviews, which indicates the extremely low popularity of the project. The founders of the brand talk about many years of experience of cooperation with the leading players in the world market, while in fact the domain name was registered this year. It seems that trading on myforex-trade.com is an illusion, as there is no real trading activity. The company does not have licenses from local regulators, and therefore it should not be trusted with its financial resources.