On the 17th of November the Belize financial regulatory agency posted information on its website that the entity MFX BROKER Inc. is no longer regulated by it. The International Financial Services Commission of Belize omitted to point out in its announcement that the company behind the brokerage, MFX BROKER, changed to Master Services Inc.
According to the company’s representatives, Master Services Inc. is the owner of MFX BROKER’s brand with 2 licenses of International Financial Services Commission (IFSC) Belize. There were no notifications or license revocations of the company.
The MFX BROKER INC entity mentioned in the IFSC announcement that it has not carried out any activity as it was closed 2 years ago.
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According to Igor Volkov, President of MFX Broker: “In late 2013 we decided to work in several different countries around the globe on behalf of sole legal body. Master Services Inc. was registered for this purpose. The entity received all required licenses in Belize. We closed all other entities so that clients are not confused about the company they are working with. However, the regulator posted the information about the event just two years after the change, mainly the regulator announced information about MFX BROKER INC entity which is not active and was closed so far.”
Our readers and followers can familiarize themselves regarding all licenses and legal documents of the company in the special section on MFX Broker’s website (https://mfxbroker.com/ru/aboutus/license), and check the information on the regulator’s website.