MT4Invest is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, never monitored in terms of its safety and simply may operate the business in any way it wishes. This results in a very high risk trading opportunity, despite its alluring proposal.
🗺️ Registered in | No Registration |
🗺️ Type of License | No License |
🛡️ Is MT4Invest safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
MT4Invest is a trading name used by the MT4Invest claims its global brokerage and investment firm status specializing in online trading and investment through the highest level of security, fixed spreads (See Zero Spread Accounts), and non-dealing desk execution. Although there are no specified details about the corporate situation since the broker simply does not provide its registered address or any other necessary information while just mentioning “global coverage of offices”. Basically, that hiding of information might alert any trader or investor, since the trustable company should reveal its legal information, therefore the MT4Invest considered a non-regulated broker with the highest risk of fraud.
Moreover, the financial regulatory body of Spain the Comision Nacional del Mercado de Valores (CNMV), has issued a warning to the public against investing with MT4Invest as a source of their business requires regulation and authorization. The Forex industry authorities always recommend checking the statements of the company before any registration is done, as the detailed financial services should be provided along with the authorization that secures clients and protects their funds.
“Only registered companies have obtained authorization after proving compliance with certain requirements (sufficient capital, organization and adequate means, etc.) and are subject to the controls of the supervisory bodies”
CNMV, April 2017
Preliminary there were other reputable agencies that warned against MT4Invest, as well as numerous negative reviews and scam alerts from the traders experienced broker themselves. In conclusion, becoming obvious that the Mt4Invest is not a broker to trust and trade with, Overall, we do advise always to trade only with the regulated forex brokers exactly for this reason. As apart from the officially provided services the authorized broker follows guidance concepts that are designed to provide a safe trading environment and secure investors.
MT4Invest is no longer active.