SENTFUNDS

MT5ive

Written by

in

High Risk

Reported as a scam / unregulated

SF-705657registry entry

Why MT5ive is on the register

MT5ive claims it is owned and operated by MT Five Trading Limited, a company authorized and regulated by the Securities Commission of The Bahamas (SCB) with license number: SIA-F188 and the UK Financial Conduct Authority (FCA) with firm reference number: 181880. However, we did not find any match results to the company name or the license number in both authorities. The regulatory information this broker claim is a false statement for unsuspecting traders. The truth is that MT5ive is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

If you have money with this broker

  1. Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
  2. Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
  3. Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
  4. Get guidance. Tell us what happened and we will point you to the right next step. A free public registry — we never charge any fees.
Report this broker →

SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.