morganfinance.trade has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: morganfinance.trade.
After for about three months with morganfinance.trade I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Professional team|Full transparency|Good analytical tools|Multi-device support
Cons: Search feature is basic|Could offer more webinars
I gave morganfinance.trade a fair chance. After for just over a year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Dividend tracking|Good analytical tools|Personal attention|Detailed reporting
Cons: No integrated tax optimization
I wanted to transfer my portfolio from another broker to morganfinance.trade. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Personal attention|Instant funding|Stable platform|Transparent fees
Cons: Help articles are sometimes vague
I trusted morganfinance.trade with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: No hidden fees|Wide product range
Cons: Website design could be more modern|Help articles are sometimes vague
Where do I even begin with morganfinance.trade? for a few weeks now 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: Intuitive for beginners|Demo account available|Fast deposits
Cons: Live chat only during business hours