m7md.fx has been flagged by Financial Services Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After using m7md.fx for close to eighteen months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Comprehensive tools|Reliable uptime
Cons: Alert system is basic
Where do I even begin with m7md.fx? for over three years of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Smooth onboarding|Demo account available|Multi-device support
Cons: Cannot customize dashboard fully|Would like more payment methods
m7md.fx changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Dedicated account manager|Fast deposits
Cons: None so far|Inactivity fee applies after 12 months
I invested $500 with m7md.fx after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Services Authority.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
The so-called education at m7md.fx is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since early this year thinking they would help me learn.
Pros: Multi-currency support|Easy withdrawals|Multiple order types|Automated trading options
Cons: Cannot customize dashboard fully|No crypto staking
m7md.fx offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Automated trading options|Smooth onboarding|Fast deposits|Great customer service
Cons: No phone support on weekends
I closed a profitable position at m7md.fx and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Good analytical tools|Instant funding|Dividend tracking|Clear documentation
Cons: Mobile app could be improved
Several red flags with m7md.fx: (1) They promise unrealistically high returns, (2) They're not registered with Financial Services Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Not registered with regulators|Unrealistic promises
My card was charged twice by m7md.fx on the same day. I had to dispute it with my bank. m7md.fx then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Detailed reporting|Multiple order types|Regular updates
Cons: Mobile app could be improved
m7md.fx seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Segregated accounts|Personal attention|Portfolio tracking tools|High security standards
Cons: Some tools only available on higher tiers