Mulfix-Earners has been flagged by Financial Conduct 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 opened an account with Mulfix-Earners for over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Intuitive for beginners|Excellent charting|Comprehensive tools
Cons: Charting tools need more indicators|Alert system is basic
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Mulfix-Earners is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
Mulfix-Earners locked my account without warning and demanded documents I had already submitted. since last summer later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Stable platform|Comprehensive tools|Dividend tracking|Fast execution
Cons: None so far
Mulfix-Earners 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: Competitive fees|API access|No hidden fees|Multiple order types
Cons: Could offer more webinars|Nothing significant
Several red flags with Mulfix-Earners: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct 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