IS MogaFX RELIABLE? OPINIONS
Last update: 2022 September
In this post I will analyze MogaFX ¿Is the broker MogaFX (also known as mogaforex.com) really trustworthy? Is it safe to invest your money with this company? I will examine this company in detail.
I will explain to you why I believe that MogaFX is an UNSECURE company AND I CONSIDER IT AS UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
|Info||About the company|
|(I.e. Company||Moga International Group LLC|
|???? Address||not mentioned >|
|📄 Register||Not mentioned|
|🛡️ Regulapain||mentions being regulated by the FSA but it is false|
|️ ️ Telephone||+61291890220|
|???? Live Chat||Yes|
|❓ Company type||Forex and CFDs|
📞 LIST OF PHONE NUMBERS:
+ 44 20 3318 4345, + 44 33 0808 8867
💰 DEPOSITS AND ACCOUNTS:
Here is a little analysis about the types of account that MogaFX offers; they are divided into 5 accounts: Standard, VIP, ECN, Raw-Spread and M1. Here is a table with a little more information about the minimum deposits by account type.
|account type||MINIMUM INITIAL DEPOSIT|
|Standard Account||$ 1.000|
|VIP account||$ 10.000|
|ECN account||$ 50.000|
|Raw Spread Account||$ 10.000|
|M1 account||$ 10.000|
🌐 WEBSITE – WEBSITE:
Below you can see the company's website:
When analyzing the MogaFX website, we can see that they offer educational resources, information on the different types of account, explanation of the products where the capital is invested, location of the company and means of contact.
If it makes me nervous that they do not mention anything about its regulation
Another unfavorable point is the location: they do not mention where they are located, be very careful!
⭐ MogaFX REVIEW:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company does not mention where it is located
2) It is an unregulated company
3) The company has no seniority, it is a company without a track record
4) The company has a very bad reputation on the internet, I have already been able to find customer complaints
“To be honest with you, I would not invest in this type of company, it has many points against it, I do not recommend it. Everything seen indicates that MogaFX is not reliable and it is a very unsafe company.”
💬 USER REVIEWS:
I have found various negative reviews, claims, complaints and negative feedback about MogaFX. I honestly think they are a very unsafe option. In addition to this, you can find more comments and opinions from users and customers of the company at the end of this review.
Are you a MogaFX client? Do you have something to tell me about them? I invite you to leave your opinion too!
📣 LATEST UPDATES:
At the moment we don't have any update
✔️ CLAIM MONEY FROM MogaFX:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT MogaFX:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
MogaFX is a Forex and CFD company.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
MogaFX is a company that I consider as NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
If you want to close your account write an email requesting it to the company's support email.
It is an unregulated company, be careful.
Leave me a comment on this review, if you scroll down, at the end of the review you will find the comments section. Leave me a comment with your question and we will answer you as soon as possible.