MP Fund Management (MPFM) has been flagged by Malta 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.
I lost a significant amount because MP Fund Management (MPFM) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Dedicated account manager|Reliable uptime|Great customer service|Regular platform improvements
Cons: Research section could be deeper|Website design could be more modern
The reporting at MP Fund Management (MPFM) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Helpful community forum|Good mobile app
Cons: Website design could be more modern|Limited demo account features
My card was charged twice by MP Fund Management (MPFM) on the same day. I had to dispute it with my bank. MP Fund Management (MPFM) 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: Fast execution|Multi-device support|Market news feed|Clear documentation
Cons: Alert system is basic
I am in a dispute with MP Fund Management (MPFM) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Personal attention|Multiple order types|Fast support response
Cons: No fractional shares|Cannot customize dashboard fully
For anyone considering MP Fund Management (MPFM), please be aware that this company has been flagged by Malta Financial Services Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Flagged by international regulators|Due diligence required
I was about to invest with MP Fund Management (MPFM) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Malta Financial Services Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. MP Fund Management (MPFM) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Fast support response|Great customer service|Clean UI|Smooth onboarding
Cons: Inactivity fee applies after 12 months
Tried to withdraw my funds from MP Fund Management (MPFM) and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: No regulatory oversight|Money disappeared|Fake testimonials
I had high hopes for MP Fund Management (MPFM) through word of mouth in my investment club, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Economic calendar|Fast execution
Cons: Desktop app not available on Linux
I had a dispute with MP Fund Management (MPFM) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Personal attention|Fast support response
Cons: No integrated tax optimization