Morgan Options Trade Fx is a foreign exchange broker officially registered on October 9, 2023. The broker primarily offers users a multitude of trading markets through its proprietary trading platform and mobile application, including Forex, stocks, indices, energy, metals, cryptocurrencies, and ETFs CFDs.
Corporate Registration Information and Regulatory Status:
According to the public information on the official website of Morgan Options Trade Fx, the broker has multiple corporate entities under its name and is regulated by several regulatory bodies. Among them, Morgan Options Trade Fx Ltd is authorized and licensed by the Cyprus Securities and Exchange Commission (CySEC) with the license number 177805. Morgan Options Trade Fx (registration number HRB169257B) is a designated agent of Morgan Options Trade Fx Ltd registered with the Federal Financial Supervisory Authority (BaFin) of Germany. Additionally, the broker was authorized as an investment dealer by the Financial Services Commission (FSC) of Mauritius on October 2, 2017, and regulated with the license number C175894381. TVH Ltd is authorized and regulated by the Seychelles Financial Services Authority (FSA) with the license number SD055.
However, upon verification of its public information on the official website, the Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Financial Services Commission (FSC), and Seychelles Financial Services Authority (FSA) all report no regulatory information about this broker.
Account Opening:
To open an account with Morgan Options Trade Fx: Visit the broker's official website and click on “SIGN UP FOR FREE” on the homepage or “SIGN UP” on the top right corner of the webpage to enter the account registration page. Fill in personal information such as name and email address and set a login password before submitting. Once the application is submitted, the account is successfully registered.
Trading Schemes:
Morgan Options Trade Fx offers users four trading plans: STARTER, BASIC, PRO, EXECUTIVE.
STARTER:
- Minimum investment amount: 500 USD
- Maximum investment amount: 1,000 USD
- Return on investment: 6.50%
- Three days of overnight interest
- Trading cycle: 21 days
- Daily 2x bonus
- Instant trading methods: Copy trading/Trading robot
- Offers demo trading
- Provides advanced brokers
BASIC:
- Minimum investment amount: 1,500 USD
- Maximum investment amount: 4,000 USD
- Return on investment: 10.50%
- Three days of overnight interest
- Trading cycle: 21 days
- Send bonus through e-wallet
- Instant trading methods: Copy trading/Trading robot
- Offers demo trading
- Provides basic brokers
PRO:
- Minimum investment amount: 5,000 USD
- Maximum investment amount: 9,000 USD
- Return on investment: 15.50%
- Weekly calculation of overnight interest
- Trading cycle: 1 month
- Exclusive bonus (daily)
- Instant trading methods: Copy trading/Trading robot
- Offers demo trading
- Provides professional brokers
EXECUTIVE:
- Minimum investment amount: 10,000 USD
- Maximum investment amount: 50,000 USD
- Return on investment: 20.30%
- Weekly calculation of overnight interest
- Trading cycle: 1 month
- Advanced bonus (daily)
- Instant trading methods: Copy trading/API key
- Offers demo trading
- Provides executive brokers (experts)
Trading Platform:
Morgan Options Trade Fx provides users with its proprietary trading platform.
Deposits and Withdrawals:
Morgan Options Trade Fx supports deposits and withdrawals using local banks, e-wallets, or cryptocurrencies.
Summary:
Traderknows reminds investors that Morgan Options Trade Fx is a fraudulent platform providing false regulatory information and luring investors to invest through so-called high returns. Traderknows suggests investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "slaughterhouse" on Traderknows.