Brief Look at MT Markets
MT Markets commenced brokerage services in 2015 and obtained a license from the SVG FSA (Financial Services Authority of St. Vincent and the Grenadines) in 2021. Clients of the company used the accounts and platforms provided by the broker for active trading in currencies and CFDs, MAM investments, and automated trading via signals and Expert Advisors.
In 2024, the MT Markets website became inaccessible. Concurrently, on trader forums, reviews began surfacing from clients who had lost their funds. We found no official communication from MT Markets regarding a name change or a new website launch. The company failed to inform clients why their accounts were frozen and investments remained unreturned.
It appears the broker abruptly ceased operations, with the reasons remaining unclear. As traders lost funds without any explanation or recourse, we have categorized MT Markets as a scam project.
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