Scammed by MOTTO FX Broker?
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Is MOTTO FX a scam broker?
MottoFX is an unregulated and offshore broker which has low credibility due to many factors. Any type of unregulated broker is not accountable for its customer’s funds as there is no regulating authority governing its operations. The broker MottoFX is owned by Capiteus Global Ltd which is mentioned in their website Mottofx dot com. The registered address mentioned is in the Kingstown, St. Vincent and the Grenadines Note that the registered place mentioned above is the place where there are many unregulated and suspected brokers are operating right now. People have reported a number of scams about them. The broker offers various types of assets including commodities, stocks, currencies, indices etc. It provides 5 types of accounts which include Starter, Advanced, Expert, VIP and Islamic Account.
The minimum deposit offered is $250. The website of MottoFX offers very less information and the primary information is the registered address which is also mentioned in their policy pages. For all the types of accounts MottoFX fails to mention the minimum deposit offered except the Starter type of account. The maximum leverage offered is 1:100 and MottoFX does not support a demo account to the best of our knowledge. Offering a demo account is the feature of a better broker but MottoFXfails to do so.
Have you been scammed by MOTTO FX scam broker and lost your money to them? Do you know you have a good chance to get your lost funds back? A number of unregulated brokers like MOTTO FX have been reported to scam people. Broker Dispute helps victims of scam brokers to fight back and get their lost money back from scam brokers. Click ‘File a complaint’ button above to take your first step towards recovering your lost money to MOTTO FX scam broker.
We do not recommend to trade with MOTTO FX since this broker has been suspected as a scam broker. Our MOTTO FX Review will help you to know about this broker. Immediately withdraw your funds if you are currently trading with them. Check the following listed activities of a scam broker. If you have witnessed any of the following then you probably have been victimized by a scam broker.
Signs of a scam
- The broker blocked or froze your trading account all of a sudden
- Without your knowledge, an amount was deducted from your account
- The broker’s website can’t be opened
- You call on the broker’s phone number and no one attends the call
- The broker charged an amount from your bank account without your permission
- The broker repeatedly asks you to deposit more money with guaranteed unbelievably high returns
A scam is done when a broker takes your money through unfair means and therefore there can be many more ways to scam innocent traders. Do not give up if you were scammed by MOTTO FX . We will help you to get your lost amount refunded. Please fill the form after you click ‘File a complaint’ button above and our experts will contact you and help you to start the process of your fund recovery.