Mfxoptionmarket Review

About Mfxoptionmarket

Mfxoptionmarket offers trading in forex, stocks, indices, futures, energy commodities, and cryptocurrencies, and claims a minimum deposit ranging between USD 100 and USD 500 depending on presentation. It advertises maximum leverage up to 1:500, and lists deposit methods including credit/debit cards, e-wallets (Skrill, Neteller) and bank transfers, though reports indicate that in practice only cryptocurrency payments (Bitcoin, Ethereum, Tether) are processed ().

No valid regulatory licences are associated with Mfxoptionmarket. The broker falsely claims regulation by CySEC (license no. 185/12), the FSCA of South Africa, and a U.S. “Financial Conduct Authority.” The CySEC license referenced actually belongs to FXTM and is misused, and Mfxoptionmarket is not found in CFTC or NFA registers; the FSCA claim is also invalid. The FAQ even confirms that U.S. clients are not accepted due to lack of CFTC regulation (). According to assessments by BrokersView and WikiFX, the broker is unregulated and operating as a scam, with conflicting information suggesting ownership by an offshore entity called Thorntons Global Ltd in Saint Vincent and the Grenadines or the Marshall Islands (). The website is considered a clone, using falsified credentials of legitimate brokers ().

Pros and cons

Cons

• Claims of regulation that are demonstrably false (CySEC, FSCA, U.S. FCA) ()
• Confirmed unregulated broker; classified as scam by multiple independent reviews ()
• Mismatched or misleading corporate information; possible offshore registration in SVG or Marshall Islands under Thorntons Global Ltd ()
• Actual deposit methods likely limited to irreversible cryptocurrencies despite claims of conventional payment options ()
• High leverage (1:500) inconsistent with reputable regulated environments ()