Recently, InfoFinance has received numerous complaints from investors regarding fraudulent activities and scams associated with MHMarkets Vietnam. Despite promises of attractive returns and claims of being a reputable international trading platform, the reality tells a different story. Many accounts have been "wiped out" in a short period without any satisfactory explanation from the broker. In light of this situation, InfoFinance has issued an official warning, advising investors to be cautious and avoid MHMarkets to mitigate the risk of financial loss.

Nearly 200 Million VND Vanishes from an MHMarkets Vietnam Account

A victim, who wishes to remain anonymous for personal safety, shared their bitter experience with InfoFinance after being defrauded by MHMarkets Vietnam. The victim recounted being persuaded by an old classmate to invest in the Forex market through MHMarkets. The investment offer was enticing, promising extraordinarily high returns – the capital was expected to double in just 1.5 months. Trusting these promises and promotional claims that MHMarkets was a reputable international broker, the victim deposited nearly 200 million VND into a trading account.

Initially, MHMarkets executed trades with a profit-sharing model of 30% to the victim and 70% to the broker. However, within less than a month, the entire balance in the victim’s account mysteriously disappeared. Upon realizing this, the victim contacted the broker for an explanation and attempted to recover the lost funds, but all efforts proved futile. Currently, the victim is seeking assistance from authorities and the investment community, hoping to recover the lost money. This case serves as a harsh lesson for the individual and a warning to other investors about the hidden risks of engaging with unclear trading platforms.

InfoFinance’s Warning: Be Wary of MHMarkets and Other Scam Tactics

InfoFinance advises investors to be particularly cautious when dealing with brokers of dubious origins and credibility, such as MHMarkets. Experience has shown that engaging with unlicensed or non-transparent platforms can lead to significant risks, including total loss of assets. To safeguard their interests, investors should thoroughly verify the legality and reputation of a platform before making any investment decisions.

InfoFinance emphasizes that no legal Forex or Broker licenses have ever been issued in St. Vincent and the Grenadines, a common registration location for many fraudulent brokers. This is a clear red flag regarding the transparency and trustworthiness of MHMarkets and similar trading platforms.

How to File a Complaint Against Brokers on InfoFinance

To help investors protect their rights, InfoFinance offers a transparent and straightforward process for reporting fraudulent brokers. Investors can file complaints through the following steps:

1. Visit the official InfoFinance website at infofinance.com.
2. Select the "Report Broker" section on the homepage.
3. Click "Send Report" to initiate the complaint process about any issues encountered.

Each complaint is handled by InfoFinance’s senior experts, who closely monitor and assess the situation. The experts will conduct direct inspections of the broker’s business registrations and evaluate their transparency. With a strict and legally grounded process, InfoFinance is committed to delivering justice for investors and ensuring market transparency.