Honest review of MJS Fx: working conditions, reviews
Honest review of MJS Fx: working conditions, reviews
The company MJS Fx claims that money should work for you. For 4 years, the company was inactive, but its website only started functioning after an update in August 2020. The statistics provided on the website raise doubts as they seem unrealistic. There are no reviews about the broker yet, so we decided to conduct a detailed analysis of mjs-fx.com.
Accreditation and licenses: review of legal documents on mjs-fx.com
According to MJS Fx, the company has several licenses, but given the relatively short period of its operation, this seems doubtful. It is stated that the company is licensed and regulated by SCB (document number – SIA-F185), but when checked on the Securities Commission of The Bahamas website, no information about MJS Fx was found.
The section on licenses also lists data from other regulators:
- Cyprus Securities and Exchange Commission (document number – 630/31),
- IFSC, International Financial Services Commission (document number – 34/10/HP/31),
- Financial Services Commission of Mauritius (document number – F0001231290).
It should be noted that a company of Cypriot origin should have a CySEC license, but none of the mentioned regulators confirmed MJS Fx’s right to operate.
How to contact MJS Fx support: review of communication channels
MJS Fx offers 24/7 personalized user support. However, we were unable to reach them at the Cypriot phone number +357 26 901372, which raises doubts about the support services.
The call-back form and the email address support@mjs-fx.com may be used to collect personal information, increasing the risk. The company does not have social media presence, which seems strange considering the claimed number of clients.
Detailed review of the registration process on mjs-fx.com
To register a client on the MJS Fx platform, one needs to fill out an online form providing name, phone number, email address, password, and promo code. Caution is advised as there are no reviews of the company yet, and the terms of cooperation may be unfavorable.
Upon reviewing the terms of service, some controversial points were found, such as disclaimer of liability for software errors and the right to suspend an account.
Types of accounts review: what conditions are offered by MJS Fx
The company offers three types of trading accounts: Start, Progressive, and Premium with different minimum deposits and conditions. Currently, there is no information available on actual profit withdrawals from MJS Fx.
Opinions review: reviews of real MJS Fx clients
No reviews of MJS Fx have been found on the official website or other resources yet. The absence of reviews may indicate the unreliability of information about the company.
Fraud scheme
The company MJS Fx may be employing a standard fraud scheme, attracting clients with low entry thresholds and other favorable conditions. However, currently, withdrawing profit from the platform seems impossible.
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Summary of mjs-fx.com review
Registering on mjs-fx.com can be risky. Currently, the company raises doubts as there is no confirmation of licensing information, cooperation terms, and fund withdrawals. Be cautious and avoid falling into scammers’ trap!