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Ashraf Shahhat
1-2 years

Can I trust M&H as a reliable and secure broker for my trading activities?

Broker Issues
M&H
Regulation
08-15
United States
WikiFX
Reply

As an experienced trader, I have always prioritized two factors above all when considering a broker: robust regulation and operational transparency. Based on my review of M&H, I have significant reservations on both these counts. M&H is openly unregulated, and my understanding is that there are currently no valid regulatory safeguards in place to protect client funds or ensure fair business practices for traders like myself. This absence of oversight introduces a considerable degree of risk, especially when compared to brokers operating under the supervision of reputable authorities. Another issue that immediately raised concern for me was the inaccessibility of M&H’s official website. In my experience, being unable to reliably access a broker’s site is a red flag, as it complicates the verification of important details such as account terms, fee structures, and even the legitimacy of contact channels. The limited funding methods, specifically only accepting bank transfers, also lack the variety and reversal protections I expect for additional peace of mind, further amplifying my doubts. While M&H does advertise a broad mix of investment services and claims an operational history of several years, these factors alone cannot outweigh the fundamental risk posed by the lack of regulation and transparency. For me, the security of my capital and the ability to resolve disputes via recognized regulatory channels are non-negotiable. In good conscience, I cannot view M&H as a trustworthy or secure option for trading activities, given these vulnerabilities. I would personally avoid engaging with them until these critical concerns are addressed.

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