Broker Review

Unauthorised Firm Details

Name: Mordex Trade FX
Website: mordextradefx.com

Mordex Trade FX markets itself as a financial advisory / trade signals / copy-trading service. They claim to work in multiple countries, offer services via social media, have many clients, and promote profits and passive growth.

However, several regulators and independent sources warn that Mordex Trade FX is not authorised to offer regulated financial services in key jurisdictions. The UK Financial Conduct Authority (FCA) issued a warning that this firm is not permitted to provide or promote investment services in the UK. Reputation assessment tools register very low trust scores; domain age is short; ownership is hidden in WHOIS records; user testimonials appear highly promotional. Complaints include withdrawal issues, requests for extra verification or fees after investment, and problematic or vague company information.

Bottom line: Mordex Trade FX has multiple red flags: regulatory warning, hidden ownership, heavy promotion, unverified profit claims, and complaints from past users. Consider it high risk; avoid investing without strong proof of legitimacy and test any involvement with minimal amounts.

Location & Risk Notes

• The FCA in the UK has officially warned that Mordex Trade FX is unregulated in the UK and may be targeting UK residents.

• The website domain was registered mid-2024; it is relatively new, which means little track record.

• WHOIS / owner info is privacy-protected, meaning the true operators are not publicly identified.

• User reviews are mostly positive in appearance (high ratings), but many are brief, likely paid or incentivized, and suspiciously optimistic. There are also negative reports in community forums about blocked withdrawals or being asked for extra fees.

• The site claims association with a regulated asset management company in Europe, copy-trading, free services, etc., but independent checks find no evidence of licensing with top regulators for the entity using the exact brand. Claims on its site are not backed by verifiable regulator registry entries.

• Marketing strategy includes social media / influencer promotion, passive income or “hands-free” profit promises, which are common in high-risk services.