Morgantrust Review

About Morgantrust

The broker known as Morgantrust (also operating as Morgantrust Markets Limited with domains including morgantrust.ai, web.morgantrust.ai, and morgantrust.vip) makes multiple false claims of being regulated by authorities such as the U.S. Securities and Exchange Commission (SEC), the Financial Crimes Enforcement Network (FinCEN), the Monetary Authority of Singapore, the Cyprus Securities and Exchange Commission (CySEC), the U.K. Financial Conduct Authority (FCA), the Italian CONSOB, and the Securities Commission of The Bahamas (SCB); these claims have been refuted and are unsubstantiated (). The Italian regulator CONSOB issued an official order on January 24, 2025, blacklisting and ordering the blackout of Morgantrust’s websites (web.morgantrust.ai and morgantrust.ai) due to the illegal offering of financial services in Italy ().

There is no legitimate regulatory licensing found for Morgantrust in any recognized financial authority. The claims of regulation by SEC, FinCEN, MAS (Singapore), CySEC (license 139/11), FCA (license 02737458), CONSOB, or SCB (license SIA‑F218) have been thoroughly discredited by regulatory investigations (). No valid regulatory record exists in official registers to support any of these assertions.

The broker presents itself as having a U.S. headquarters at 555 17th St, Denver, Colorado, and company number 2024165367, but this address and corporate identity are not officially linked to any licensed entity; the platform has been identified by consumer protection sources as a fraudulent operation misappropriating names and details (e.g., impersonating JP Morgan staff) ().

Pros and cons

Cons

• Regulatory claims (SEC, FinCEN, MAS, CySEC, FCA, CONSOB, SCB) are false and unsupported by official registers ().
• CONSOB issued a formal blackout and prohibition order for domains morgantrust.ai and web.morgantrust.ai due to illegal activity in Italy (January 24, 2025) ().
• Platform uses the name “Morgantrust” and purported affiliations with JP Morgan personnel fraudulently, without any actual connection ().
• No legitimate details available on regulatory oversight, client fund protection, platforms, spreads, account types, or similar operational characteristics.