M.B.F. MANAGEMENT LIMITED: Customer Reviews About the Company
Having legal grounds for activity is one of the signs of a reliable company. However, it is not worth trusting a broker blindly, even if they boast having multiple licenses. All information needs to be verified. Otherwise, you risk falling into the hands of scammers like M.B.F. MANAGEMENT LIMITED. From a comprehensive review, you will learn about this company, its regulatory status, read reviews from real clients, and explore its commercial offerings.
Main Broker Information
M.B.F. MANAGEMENT LIMITED claims to have been providing services for over 10 years and has achieved significant results. According to the legend, the platform has registered over 1.8 million trading accounts, with a total profit payout exceeding 2.2 billion dollars. The statistics also show that the platform’s monthly trading volume exceeds 470 billion operations.
Should you trust these figures? A check through the specialized service Whois revealed that you should not. The website mbf-limited.com has been active since October 2023. This means that the company is lying about its substantial work experience and providing false statistics.
The contact details also raise concerns. The address in London and the phone number turned out to be fake upon verification. Essentially, the only way to reach support is through email. However, you understand that scammers will only respond as long as it benefits them.
Legally Offering Cooperation or Not?
M.B.F. MANAGEMENT LIMITED claims to operate strictly within international legislation. Furthermore, the company states that it has obtained permissions to provide brokerage services in Japan, South Africa, Cyprus, and the UK. There are no supporting documents on the platform. The broker forgot to post scanned copies of the license and incorporation certificate. However, it is essential to consider that the registries of reputable regulatory bodies are open to all, allowing us to easily verify the mediator’s claims.
You can view the results of the FCA database check in the screenshot. This company should have obtained a license from the British regulator first, as it mentions having an office in the UK. To do this, registration and authorization were required. However, the subject of our review did not do this:
The scammers also lied about being licensed in other jurisdictions. M.B.F. MANAGEMENT LIMITED provides brokerage services arbitrarily, with no access to interbank or liquidity providers. It can only simulate the trading process and deceive newcomers.
How Does M.B.F. MANAGEMENT LIMITED Propose to Make Money?
M.B.F. MANAGEMENT LIMITED offers trading in currency pairs, commodities, stocks, cryptocurrencies, and bonds, guaranteeing low stable spreads. There are several tariffs to choose from on the platform. Commercial offering features:
- minimum deposit of 250 dollars,
- leverage up to 1:1000 (another confirmation that the company is fraudulent, as European regulators prohibit leverage exceeding 1:30),
- bonuses from 10 to 50%,
- commissions from zero,
- opportunities for automated trading with standard or professional settings,
- educational materials and analysis tools,
- some tariffs include managed accounts, assistance in creating an individual investment plan.
According to initial online reviews, the company faces significant issues with financial discipline. It refuses to pay for invented reasons (technical problems, insurance payment requirements, etc.).
What Do Reviews Say?
Reviews about M.B.F. MANAGEMENT LIMITED can be counted on one hand. The company has been operating for less than a month, so it has not yet caused much harm. However, considering its lack of legal documents and blatant lies, it does not intend to cooperate honestly.
Have you fallen victim to this financial scam and lost your capital? Publish a review and share your experience to warn others of the danger. Do a good deed and do not let scammers profit at someone else’s expense.
Scam Algorithm
M.B.F. MANAGEMENT LIMITED does not offer bonus rewards to everyone without reason. Scammers hide that they have set stringent conditions for bonuses and demand compliance. Without fulfilling these conditions, you cannot even withdraw your initial capital. Arguing with fraudsters is pointless; they have no intention of fulfilling agreements. The longer you try to earn on this platform, the more you will lose.
Independent Review Summary
If you entrust your money to M.B.F. MANAGEMENT LIMITED, you can say goodbye to it. The company operates outside international legislation and openly deceives users, counting on their naivety, simple carelessness, and trust. Do not become the next gullible person to fall into the trap of these swindlers.
Without the specific customer reviews, it’s difficult for me to comment directly on M.B.F. Management Limited’s shortcomings. However, in a general sense, common broker shortcomings often include a lack of clear and transparent communication with their clients, unpredictability in terms of fees, and inadequate customer service. Customers also frequently take issue with a broker’s lack of personalized attention or customized advice for their specific financial goals and situations. Some customers might also complain about outdated technology, particularly if the broker does not provide an efficient online platform or mobile app.