Heard of Morexto.com forex broker? Read why you should not sign up! Yes, we know trading good amounts of money on a safe and licensed company is one of the crucial indicators that cross the mind of every trader or client.
This content promises to share helpful review to support clients/traders in making the right decision. Kindly read to the end and make your verdict.
What is Morexto.com?
Morexto.com is a crypto investment platform promising to provide traders/ clients ways to trade cryptocurrencies and earn money.
They claim to offer traders with different cryptocurrencies and digital assets, and receive a percent on their investment. What’s more, they make claim of giving clients good market insights, portfolio monitoring and incentive for a new member through their referral program.
Morexto.com has not revealed any contact information about itself or its alleged registration address. The absence of any credible data about this company’s identity is quite worrisome to be honest, as we don’t actually know who stays behind it.
Additionally, the platform does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded.
It is always advisable you check for regulated and licensed entity on financial authorities websites before depositing fund for trading.
Morexto Licensing and Regulation
Like in any corporation, integrity is a key to uphold these days. It doesn’t matter if you make a lot of money but you can’t take it out. That is to say, exactly what is happening with non-licensed companies.
Having said that, it is not far from believing that Morexto com is not a licensed investment company. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.
COMPARE WITH A TRUSTED BROKER
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
Morexto.com has disguised like a reliable trading investment platform, however, you should not take the words they say and the attractive website layout. While there is a clear evidence this cryptocurrencies company is questionable, it is always important traders steer clear from an unlicensed platform as its likely run by scammers.
Please share with us your experience in the comment section below. Thank you!