MTS Foundation has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
MTS Foundation 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: Multiple order types|API access|Instant funding|Demo account available
Cons: Minimum deposit could be lower
I requested my data from MTS Foundation under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Good analytical tools|High security standards
Cons: Website design could be more modern
MTS Foundation locked my account without warning and demanded documents I had already submitted. for the past six months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Customizable dashboard|Stable platform|Quick verification
Cons: Minor UI glitches occasionally|Wait times can be long during peak hours
The onboarding at MTS Foundation was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Clear documentation|API access|Customizable dashboard
Cons: Limited ETF selection|Website design could be more modern
MTS Foundation 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: Tax reports included|Helpful community forum|Multi-device support
Cons: Wish they had more educational resources|Minor UI glitches occasionally
Do not be fooled by the professional-looking website. Behind the scenes, MTS Foundation is disorganized and incompetent. I found them after reading several online reviews and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Easy to use platform|Easy withdrawals
Cons: Research section could be deeper
After for close to eighteen months with MTS Foundation 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: Two-factor authentication|Clean UI|Market news feed|Full transparency
Cons: Live chat only during business hours|No fractional shares
MTS Foundation advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Personal attention|Dividend tracking|Excellent charting
Cons: No live chat on mobile
For anyone considering MTS Foundation, please be aware that this company has been flagged by Financial Services and Markets 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.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I invested $2,000 with MTS Foundation 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 and Markets Authority.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns