MFM Securities customer reviews

Updated: April 2, 2026
MFM Securities
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Summary
Reviews about MFM Securities are highly mixed. Some users praise the broker for its fast withdrawals, responsive and helpful customer service, competitive spreads, user-friendly platform, wide range of instruments, and overall smooth trading experience. However, many others report serious issues, including blocked accounts, delayed or unprocessed withdrawals, lack of communication from support, and accusations of fraud. Multiple complaints mention that profits were withheld without explanation and that the company does not respond to emails or live chat. Some users also question the broker’s regulatory legitimacy, claiming that it operates without proper registration and even owes money to staff. Overall, while a few traders express satisfaction, a significant number describe MFM Securities as unreliable and potentially fraudulent.
Yap C.S.
26.11.2023 | 16:12

I deposited 300 USD in MFM Securities. I inquired about the regulation, they told me they have multiple regulations, so I trusted them. They had very attractive deposit bonus, but I understood why. To take my money. I started to trade and won and they blocked my account. They give me some ridiculous reasons with absolute no proof. And I only do manual trading. Furthermore, now I can't even contact them because the website is down. I tried to search the address of the broker. Is in Malaysia, in the middle of a park. You can check it as well. Ridiculous. I made a complaint to the Malaysian Security Commission and the Regulator in Vanuatu. To my surprise, the Regulator in Vanuatu said no such company is registered with them. Biggest scammers! They didn't even paid their own staff salary. To all the people who got scammed by these con artists, Mr. Mohd Arif che Murad & Mr. Abdul Mutalib bin Mohamad Yatim are the owners of MFM Securities. I will report you to the authorities. This is broad daylight theft!

Ehsan Kda
18.01.2023 | 14:13

more than 72 hours I have not received my money. why do the others broker like octafx, xm & windsor fast withdrawal process.

rg global
08.01.2023 | 21:42

Mfm?? Hahaha..the worst broker ever i had used! Withdrawal was too slow until 3 working days processed. Livechat nobody answer, spread like rubbish, spread widen when market close or news was horrible! 100% not recommended 💩💩💩

Uche Felix
03.01.2023 | 07:39

For more than 72 hours I have not received my money

cüneyd günal
18.11.2022 | 07:36

a fraudulent company, withdrawal cannot be made for three months, do not deposit

Muhammad Nazri
27.10.2022 | 10:01

The best broker, with lower spread and good support.

Lopukhov Alexander
02.10.2022 | 10:18

Trading account: 90206 Opened trading account around 3 month ago, and deposited around 400 usd. Since then I have made a profit of around 250 usd. The company blocked my account without proper explanation. They dont allow me to withdraw my profit. At 22.09 I withdrew my deposit, and it's still not processed. The company is not replying to my email. They also dont give any information in LiveChat.

Md Mikdad khan
29.09.2022 | 17:30

Very poor. i referred my sister for open account. and She open and deposit fund. And withdrawal fund 10/09/2022. Still pending. This is the question of my reputation. I have lost my respect for them. Account is 394630.

Radin Kusyairi
29.10.2021 | 23:15

No problem in withdrawal and deposit. So far, the services provided by MFM Securities are smooth and good.

Farid Latif
27.10.2021 | 11:54

having good experience using MFM securities. very user friendly and good customer service experience. kudoss !

M Atr
26.10.2021 | 11:15

Brilliant service.

Don Malaya
26.10.2021 | 11:05

Wide range of financial instruments, a high performance platform and reasonable fees make for a user-friendly and efficient trading/investment system.

Handzalah Osman
26.10.2021 | 11:02

Great service beyond my expectation. I was contacted by the support 5 minutes after registering my account.

Aniq Mirza
26.10.2021 | 10:54

Fast withdrawal and helpful customer service. The spread quit good as I'm trade using only Prime and ECN account.

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