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.
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.
This is the first cryptocurrency trading platform I started to cooperate with, although I already have trading experience. I thought that without experience it would be difficult to understand all the nuances of crypto, but I managed. Thank you to the developers of MCJInvest project for the intuitive interface, quality training and help from the support team in solving financial and technical issues. I would like to note that there are favorable tariffs and working conditions here, and the attitude towards the client is amazing, the customer service here is at the highest level. Among other things, you get on mcjinvest.io analytical support, regular updates of news sections, additional materials for self-study and trainings. thus, the main advantages of the broker: favorable conditions, loyalty, the service works without suspensions and interruptions. MCJInvest company does everything possible to help clients - from providing useful materials to personal consultations. Individual approach is especially impressive - the staff will help you understand the basics and start to earn steadily. I won't go into details, but I will say one thing - they really value and support their users here. Yes, I agree, it will be difficult for beginners in terms of starting with a minimum of 250 dollars and without a demo account. However, MCJInvest is suitable for intermediate and advanced traders! Of course, this broker is not perfect, so I will not recommend this platform to you.
I decided to deal with this broker and saw that this platform is terrible, there is nothing of what is offered either in the reviews or on the official website. Promised instant deposit/withdrawal - in fact, I even waited for about 7 hours for my money to be credited and then I waited for over a week for withdrawal! how do you like that, my friend? And this is crypto!!! MCJINVEST support service responds the same way, long, agonizingly long, and there are incomprehensible employees working there. I had to contact tech support once about the instability of mcjinvest.io and they have been answering for 10 days, the message is apparently very long😡 The same with commissions, they say the commission is 1-1.5 percent, in fact 10%! It is also a commission only for withdrawal, on average for trading it is 0.1. I do not recommend to cooperate with MCJINVEST!
to be honest i don't see any problems on mcjinvest.io. i'm not ready to open accounts like silver and so on because i don't have such a significant deposit yet. so far i'm trading on a basic account and i'm very happy with the service, the managers are competent and always ready to help. in 3 weeks i've added almost 400 dollars to the starting 250 and i think that's quite excellent!
The broker is not going to cooperate honestly and pursues only its interests. I lost here the entire minimum deposit in 3 days, although I have experience with crypto.
The deposit threshold is not available here for beginners, and the spreads are a bit higher than the competitors. But these are not all the problems associated with the performance of Mcjinvest broker. I experienced this platform for myself and lost 620 USDT here. The manager offered me a crazy leverage of 1:300 and used it against me - I very quickly burned half of my deposit. 368 USDT is my salary for a week, and here I lost it in 2 hours... Mcjinvest tech support refused to contact me after my deposit was lost half and I made a request to withdraw the remaining amount. The manager answered my call and only asked if I would still deposit, I said I would not and he stopped responding. I understand that he helped me lose my money intentionally on mcjinvest.io, but there is nothing else I can do :( They are scammers, they implement a standard fraudulent scheme - a trader deposits money, then they persuade him in every possible way to deposit even more money and not to withdraw it as long as possible. Frequent calls, bonus offers, various “favorable” variants of additional features - all this is practiced at Mcjinvest only to make a trader want to stay and trade further. In the end, all this scam ends immediately after the withdrawal request. Unfortunately, none of you will be able to withdraw your money! You will not see any profit!
I did not find anything special for me in this broker. The only plus is that you can trade not only crypto itself, but also forex, although this is no surprise to anyone nowadays. Another thing is that I had no problems with the withdrawal of money that I deposited, this is also an advantage of this firm. In my opinion, the broker's commissions are not very suitable for active intraday trading. Finally, there are very few liquid instruments for trading on this platform. This broker also does not have the most lenient commission policy, but the intermediary works honestly with traders. I didn't have any thoughts about whether the company draws quotes and charts? I have not noticed any fraud or deceptive trading on its part. I have checked the company for withdrawal of funds. But even if everything goes well further, I don't know if I will continue trading here, also I will not recommend this platform to other traders.
I invested their money here by mistake, taking this firm as a safe brokerage intermediary. In fact, it turned out that it is impossible to contact Mcjinvest, because communication works only from the broker's side. The hint about the firm's location in Australia, as it turned out, is just a fake. The company has no licenses, so I have no one to turn to for help. I don't know what I should do next. I regret that I gave my money away just like that and to God knows who... some ordinary scammers. There are a lot of fakes on mcjinvest.io! Fake charts, fake orders, the only thing that works is depositing money into the account. But if you want to give your investments to scam artists, this is a good option. However, be prepared that after registration you will get calls every day and offer different lucrative bonuses. Moreover, you can deposit an amount smaller than your initial deposit and you will be given a 100% bonus to replenish your account, and the manager will advise you, give you signals and all kinds of insider information. I do not advise you to believe Mcjinvest representatives, because you will lose serious money here! I lost more than 3 thousand XRP in a week on the advice of the manager!