MSFX is a foreign exchange broker established in 2024, primarily offering trading services for financial products such as forex, commodities, indices, stock CFDs, and cryptocurrencies. MSFX has low transparency in its information and bears a high similarity in website content and design to Goldman Capital, suggesting the use of the same website template for its construction.
Company Background:
MSFX is an emerging foreign exchange broker that provides a variety of financial instruments to its clients, including currency pairs, metals, energy, bulk commodities, indices, cryptocurrencies, and stock difference contracts (CFDs). The company's entity and registered address have not been disclosed, and its specific office address is located in London, at Chase Business Centre, 39-41 Chase Side, London, with the postal code N14 5BP. MSFX's domain was registered on February 14, 2024, indicating the company is less than two months old.
MSFX shares the exact address information with Goldman Capital, and their establishment times are also similar. Given the high similarity in related information between the two companies, investors should be vigilant and cautious of such trading platforms. Within the financial investment field, selecting a trading platform is crucial, and the highly similar information of these two companies may present potential risks. Investors should approach such situations with a heightened level of caution and opt for legal and compliant trading to safeguard their investment and financial security.
Regulatory Status:
MSFX claims to be regulated by the National Futures Association (NFA) in the United States, alleging to hold the regulatory license 0559072 and to provide services in forex and other financial derivatives trading. However, in reality, the holder of the regulatory license is VANGUARD FX LTD, not MSFX. MSFX is potentially involved in impersonation, falsely advertising regulatory information. The use of the same regulatory license information as Goldman Capital also deepens suspicions about its false advertising. Therefore, when dealing with this broker, investors must be highly vigilant and cautious with its offered services to avoid unnecessary risks and losses.
Trading Products:
MSFX offers a variety of trading products, including forex, precious metals and bulk commodities, indices, stock difference contracts (CFDs), and cryptocurrencies.
In forex trading, MSFX provides opportunities to trade in both bull and bear markets, implementing a T+0 trading policy, allowing leverage up to 1:500, and offering 24-hour trading services each week.
For precious metals and bulk commodities trading, MSFX allows investors to monitor the market anytime, anywhere, and clearly indicates the impact of supply and demand on the commodities market. This market attracts investors for price speculation, while MSFX promises no hidden fees and provides deep and diversified liquidity, also ensuring services without trading desks and re-quotes.
In index trading, MSFX offers flexible trading options, starting trades from 0.01 lots. Additionally, MSFX provides leverage up to 1:333 and services without re-quotes, executing trades quickly through Equinix NY4 servers.
For stock difference contracts (CFDs), MSFX similarly offers flexible trading options, starting trades from 0.01 lots. MSFX provides leverage up to 1:333 and services without re-quotes, executing trades quickly through Equinix NY4 servers.
In cryptocurrency trading, MSFX offers access to the global stock CFD market. The broker provides services without re-quotes, quickly executing trades through Equinix NY4 servers.
Account Types:
MSFX offers real accounts, including the Standard Account. This broker does not support demo accounts. Real accounts feature ultra-fast execution speeds, low spreads, and commission-free characteristics. Specific information on spreads and leverage has not been disclosed. Trades are executed through the MSFX Standard Account, using the Equinix fiberoptic network.
For account registration, investors can complete the process on the official website. By clicking “REGISTER” or “Open Account,” and filling out necessary registration information such as name, email, country, and setting an account password. After successful registration, one can start trading. The platform's account page supports only English and Korean. Before registering an account, it is advisable to carefully consider the broker's regulatory status and reputation to ensure trading safety.
Trading Software:
MSFX's trading servers are located in the NY4 data center in New York, connected to the Equinix NY4 fiberoptic network, and linked to dozens of top liquidity providers through the OneZero bridge. Investors can download the trading software via iOS APP and ANDROID APP.
MSFX offers proprietary trading software, available in both IOS and ANDROID versions. However, there is no actual company behind this trading software, presenting a significant trading risk. Thus, investors should carefully consider and understand the potential risks before choosing a trading software.
Customer Support:
MSFX provides customer support services. Investors can contact the customer service team by sending an email to support@gm-markets.com. MSFX has relatively limited contact methods, lacking telephone and online services, which may hinder timely resolution of issues related to trading platform use, account operations, and other related matters.
Conclusion:
MSFX is considered to be a forex broker with false advertising, suspected of using other brokers' regulatory information. The broker's official website has very low transparency, lacking crucial information such as spreads, minimum deposits, maximum leverage, and trading hours. In light of this, investors are advised to stay away from this trading platform to avoid potential financial losses.
Currently, MSFX is marked as "Suspected Fraud" on TraderKnows.
