Reported as a scam / unregulated
Why MOT Capital is on the register
MOT Capital does not display any verifiable regulatory information on its platform. It only claims to be based in Mongolia. However, Mongolia currently has no official regulatory authority that oversees or licenses leveraged forex trading or CFD (Contract for Difference) activities. Furthermore, our searches have found no evidence that MOT Capital LLC or any entity linked to it is authorized or licensed by a financial regulator either in Mongolia or in any other jurisdiction. Given this complete lack of regulatory oversight and transparency, we believe MOT Capital likely operates without any legitimate license and exhibits characteristics commonly associated with fraudulent brokers.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.