MPLUSFX Review: Awry Forex Broker Scam Exposed

× Alert!
  • - Can't withdraw your funds from this fraudulent company or broker?
  • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
  • - Or is there an excessive delay in processing your withdrawal?
  • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:

Fill out the form below to recover your lost funds from this scam company

MPLUSFX Review: Awry Forex Broker Scam Exposed

MPLUSFX ( is a CFDs and Forex broker scam that we must expose. M PLUSFX has been hitting the buzz arena for all the wrong reasons. MPLUS FX is taunted by many pundits as a lame Forex broker scam. Reason why we are exposing this scam broker is due to the numerous complaints we received from users. Read this detailed and honest review to find out more regarding this MPLUSFX.



As we always caution in our previous reviews, it’s safe to first read what experts say regarding a broker. This will go a long way in helping to keep Forex investors safe from scams such as MPlusFX. What these scammers have done is use the same tricks used by other scammers to trap investors. MPLUS FX is simply out to get as many people to sign up with them as possible. Read more on why this is a loose Forex broker out to steal investors deposits.

Claims and promises are what scammers throw at potential investors to help them get signed up. This broker is no different as they claim to be a premier brokerage firm that provides online trading solutions. During our review, we found a lot of red flags that we thought you should know about. This is why reading genuine and honest reviews will safeguard you from signing up with a rogue broker.

Always sign up with Dependable and Genuine Forex brokers when dealing Forex. Reliable and Reputable Forex brokers are all what you need to start making money with Forex trading. Why not sign up with Trustworthy Forex brokers that have been vetted by the trading community? This is a sure way to stay safe while trading Forex. Get Tested and Trusted Forex brokers for all your Forex needs.


Disclaimer at the bottom of the page says nothing concerning who actually owns this website. Only detail that resembles what might seem to be the owner’s name is the first banner. It reads M PLUS CO, LTD which cannot be confirmed whether they own this brokerage firm. Folks, this is the first red flag we spotted with this broker. How can they fail to disclose the people behind this platform?

Anonymity is a dangerous character to have as a broker. It goes without saying, never sign up with a broker who is anonymous. This means that we don’t know for sure which kind of a broker MPLUSFX really is. Could M PLUS FX be an offshore broker who doesn’t want to be recognized or named? Offshore brokers are notoriously known for their anonymity which is leaves a bad taste.

👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it.  What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.

Click Here To Buy Now

Is MPLUSFX Licensed or Registered?


MPLUSFX is NOT Licensed or Regulated by any regulatory body that we know of. What this means is that this broker is not authorized to conduct Forex business. Third parties who partner with M PLUS FX are trading at their own risk. And this is a dangerous place to be especially if you are a newbie trader. Unauthorized Forex brokers may close shop at any time and without warning.

Why haven’t they posted their licensing or regulatory documents in any of their homepage? What this means is that we are dealing with a broker who has no authority of conduct. Folks, signing up with this broker is a ticket straight to hell. Get the most out of Forex trading by signing up with regulated brokers. Problem with unregulated brokers is that they don’t follow rules which protect members or investors.

Deposit and Withdrawal.

What we noticed with this platform is that they have the deposit part well covered. This means that investors can easily deposit money with various platforms. MPLUSFX offers users depository platforms such as Wire Transfer, Internal Transfer, Cash Payment in Thailand, Perfect Money, and more. Folks, this is not a reason to sign up with this scam broker, there’s more than meets the eye.

Problem with MPLUSFX is when it comes to withdrawing. This broker does not allow members to withdraw their funds. What they do is give excuses as to why members cannot withdraw their funds. This include excuses such as investors not reaching the required trading volume to warrant withdrawal. What broker in their right mind would refuse withdrawal of funds by members? Only a broker whose intent is to swindle users.

Why not get better and convenient options to Forex brokers? This will without a doubt help investor realize their Forex dreams. Sign up with Accurate and Affordable Forex trading Robots today! Accountable and Honest Forex trading robots are all what you need to start trading successfully trade Forex. Go for Forex trading robots that have been authenticated by the Forex trading community.

Platform Used.

According to their platform page, this broker is using MT4 trading platform. What they claim is that their platform gives users freedom to implement trading strategies. They have a web-based platform as well as a downloadable platform.

Problems started when download stalled at 56% which meant one thing. Their platform is unstable which is bad news for any investors. An unstable platform means that your trading experience is at jeopardy. Hackers can easily take over an unstable platform and take steal personal data. This wouldn’t be the first time an unstable platform has been the root cause of data breach. That’s why we caution the use of MPLUSFX.

Are Funds Safe with MPLUSFX?

MPLUSFX Fake Review

With all the information we have revealed, you now know that funds are not safe with MPLSUFX. This broker does not have any credible safe measures to make sure funds are safe. Their website itself is not secure and has no SSL encryption protection. What this means is that their main website is unsecured, this means your funds too. Another disturbing thing is that they offer no information regarding their banking partners.

What we believe is that this broker maybe pooling funds in one account which is a dangerous play. Another red flag with this broker is that users maybe depositing money straight to the owner’s personal bank account. There’s no segregation of accounts and surely, no compensation scheme in play. Once they decide to close shop, users will not be offered any compensation by this broker.

Fake Claims.

On their homepage, they claim that users get instant withdrawals. Yet, on their deposit and withdrawal page, there’s no such claim. Their pricing is not the best, just because they ask for $10 to deposit doesn’t mean it’s the best. In fact, what this means is that we are dealing with a shady Forex scam.

Account Types.

Account types page only has one account on offer. Standard account is what users are asked to sign up with. This account comes with a leverage of 1:100 and spreads from 1.5 pips. Minimum required deposit is $10 which is way too low considering the accepted industry price of $250. What this means is that this broker is simply targeting unsuspecting newbie investors. Make sure you never fall into their trap.

Is MPLUSFX a Scam?

Folks, with all the evidence produced, we are sure that this is a scam in the making. Make sure you warn your friends from joining M PLUS FX and stay clear from this broker. Mark all their emails as Spam and never click on any links sent by their email marketing team. It has come to our attention that these links contain harmful malware.

MPLUSFX Final Verdict.

MPLUSFX Scam Review

Evidence that we have gathered leads us with only one option, to blacklist MPLUSFX. This broker is surely out to harm any Forex investor with their low pricing. A low minimum depository requirement is the trap these brokers have set to entice investors to sign up. This is what a scam looks like.

At all times, go for Forex brokers that are Comfortable and Convenient to partner with. Sign up with Forex brokers that have the Reputation to make realistic profit. This is one way of staying safe with Forex trading. Don’t let this opportunity pass you by, sign up with a Reliable Forex broker today.

Remember to always stay safe with any online investment platform. Wish you all the best in your Future Forex trading.

Leave a Reply

Your email address will not be published. Required fields are marked *


Follow Us will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.