MMVB: customer reviews about the company’s work in 2023
The company MMVB has been providing brokerage services since 2012 and collaborates with clients from various jurisdictions around the world. The platform has about 190,000 traders registered. According to information on their website, the company has offices in several countries, including Russia, Czech Republic, Kazakhstan, USA, France, and Spain.
However, it is worth noting that the contact information on the website leaves much to be desired, and customer reviews point out shortcomings in customer service. The company claims to have a solid market experience, but in fact, its website was registered only in 2023.
Legal base verification
The MMVB website states that the company is registered in Saint Vincent and the Grenadines. However, the address provided on the website turns out to be false, and the coordinates of this address have been used on other platforms as well. The copy of the incorporation certificate provided on the website also raises doubts, as broker licenses are not issued in the island state. Russian-speaking traders should note that working with a brokerage organization in Russia and other CIS countries requires official registration and appropriate regulatory approvals, which MMVB lacks.
What does the company offer and how does it work?
- MMVB promises 100% investment protection and no hidden fees.
- Clients are offered a bonus on the first deposit: adding $1,000 when depositing $5,000.
- The company offers an 18% annual return on the deposit part and the opportunity for passive earnings through a referral program.
- Traders can enter into a partnership agreement with experienced traders to generate profits. The minimum deposit is $10,000 USD.
Investors with VIP status receive additional bonuses on their deposit, depending on the tariff plan.
Customer reviews and recommendations
User reviews allow conclusions to be drawn about MMVB’s performance in the investment market. Many clients point out platform deficiencies in financial discipline. We recommend being vigilant and carefully reviewing the terms of cooperation before investing.
How to prevent fraud?
MMVB offers a range of services, but many users mention possible scam scenarios. In case of doubts, it is recommended to contact a chargeback service to protect interests and receive qualified assistance.
Do not forget about the risks associated with financial transactions and always check the company’s legal basis before cooperation. Remember, the security of your investments is paramount.
I am extremely dissatisfied with the broker’s performance in 2023 as they consistently failed to deliver returns on my investments and displayed poor communication skills.