August 30, 2020

MCI Investments Review

Overview:

The broker MCI Investments is a forex brokerage services provider that claims to provide a wide range of financial assets for trading. It provides three trading accounts and claims to provide access on the MetaTrader trading platform. However, the claims made by MCI Investments could not be verified and its official website is messy. Nevertheless, apart from the offerings of this broker, there are other serious concerns about this broker. In this MCI Investments review, we will shed light on all the aspects of MCI Investments and investigate the broker to give you a detailed analysis. Don’t miss it.

About MCI Investments:

The three different trading accounts provided by MCI Investments are Premium, Advance and Fixed. The minimum deposit required to start trading with these three accounts are $50, $100, and $250. The maximum leverages of up to 1:1000 and spread up to 1 pip are offered. We must facilitate all the possible advantages and disadvantages of all the broker to make reviews unbiased. First, we will talk about all the possible advantages of MCI Investments. The possible advantages of investments are its generous leverages of up to 1:1000 and provided MetaTrader trading platform. Sadly, we were not able to access any trading platform even after logging into to the broker’s account.

Upcoming lines will discuss the possible disadvantages of MCI Investments. The broker does not specify any real company name or are legitimate licence. Furthermore, the brand MCI Investments is managed by FX Limited that allegedly based in the Marshall Islands. the Marshall Islands is the territory where most of the scam broker operate from. Nevertheless, Spanish financial regulator CNMV issued a potential scam warning against MCI investments for carrying out illegal financial services. As mentioned earlier, the broker does not give access to its trading platform and there is no demo account available. The official website does not have term and condition and financial regulation section. Also, some sections contain the name of The other brokers. It means the broker has blindly copy-pasted the information from other brokers website. It is a clear indication of a scam.

Is MCI Investments scam or legit?

The broker is operational from the Marshall Islands, the area from where the many came brokers operate. MCI Investments does not have a valid brokerage licence and it has received scam warning against it. A trading platform is not operational and we could not see trading conditions on the official website. Also, a free demo account is not available. Therefore, we claim that we are dealing with a potential Australian trading scam.