The site is operated by a company that lists St. Vincent and the Grenadines as the jurisdiction in which it is regulated. Note that the firm promises potential clients to help “get the best results” and invites them to “open the door to the online trading journey” together. However, documentation confirming the licenses is not available on the website.

Can you make good money on this platform? In our MCJInvest review, we will break down the broker’s work and tell you about the reliability of this project.

How to Trade

The firm offers to trade cryptocurrency and Forex/CFD. It is worth noting that a detailed description of the author’s platform, its features, and functionality is not available on the website. The broker provides clients with the following features:

  • Minimum deposit $250.
  • 5 tariff plans.
  • Leverage up to 1:500.
  • Spreads from 3.0 pips at the basic level.

The minimum withdrawal amount is 50 USD/EUR/GBP, the procedure takes 10 days. The amount of commissions and fees is not disclosed.

Withdrawal of funds from an account in MCJInvest is possible only through transfers of crypto assets.

Additional services include educational programs, webinars, and individual support from managers. Technical support is available during the day and Australian time only.

MCJInvest Vital Info

The company speaks vaguely about the term of the project: “for many years we have been providing success and security to our clients”. So when did this brokerage platform start working? In fact, this organization started operating only on November 4, 2023, because that’s when the domain of its website was created. In other words, “many years” of operation of the platform is out of the question.

The legal address and office locations are not listed on the website. However, we found a mention of St. Vincent and the Grenadines in the user agreement. Therefore, we checked the presence of MCJInvest in the SVGFSA registry. Alas, this brand is not listed there. In addition, we did not find this company in the global database of registered organizations. So, the broker is acting illegally.

FAQ

What are the key facts about MCJInvest?

The company does not indicate the date of the project's foundation, the existence of a license, or even its legal address. Moreover, the firm hints at its location in Australia and states that disputes are handled exclusively in St. Vincent and the Grenadines. Despite this, we have not found any confirmation that this legal entity is registered in any country.

What's the risk to my wallet when working with this broker?

It is dangerous to trade with this illegal broker. Know that trading CFDs with leverage up to 1:500 involves a huge risk of losing money. In addition, you will not be able to recover your investment via bank chargeback, as all transactions are made only in cryptocurrency.

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