Red Flags
2
Mishov Forex
Mishov Forex operates without regulatory oversight, exposing traders to significant financial and identity risks, compounded by negative user feedback and questionable business practices.
Quick summary on Mishov Forex
Lack of Regulatory Oversight: Mishov Forex claims registration with the Financial Services Authority of St. Vincent and the Grenadines; however, this authority does not regulate forex trading activities, leaving Mishov Forex’s operations unsupervised.
Potential Financial and Identity Risks: Engaging with unregulated brokers like Mishov Forex exposes traders to significant risks, including potential financial losses and identity theft, due to the absence of protective oversight.
Negative User Feedback: Users have reported issues such as difficulties in withdrawing funds and unresponsive customer support, indicating unreliable service and potential financial risk.
Use of Fake DMCA Takedowns: Mishov Forex has been accused of employing fake DMCA takedowns to suppress negative reviews and silence critics, raising concerns about their business ethics.
Disappointing Performance Scores: The broker has received subpar ratings across various categories, including cost, platforms, deposit and withdrawal processes, and customer support, reflecting an overall unsatisfactory trading experience.
Intel Reports
by: Richard Taylor
Poor rating for a reason! You will lose money, and you will regret it. Just another unregulated scam broker.
by: Rachel Thomas
I deposited money, but the platform is so slow and unresponsive. Execution lags, and I can't even trade properly. Total disappointment.
by: John Bennett
My account got blocked after I requested a withdrawal. No reason given, no warning, just gone. I contacted support multiple times, but they just ignore me. I trusted them with my money, and now I can't even access my own...
by: John Guerra
People told me not to trust offshore brokers, but I gave them a chance. Big mistake! Now I can't get my funds back, and they won't even respond.