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The WikiFX Score of this broker is reduced because of too many complaints!

MKNDY Ltd

United Kingdom|2-5 years|
White label MT5|Regional Brokers|High potential risk|

https://www.mkndy.com/Index

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
MKNDYLtd-Demo MT5
Server Location Japan

Contact

support@mkndy.com
https://www.mkndy.com/Index
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

MKNDY Ltd

Abbreviation

MKNDY Ltd

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 13 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

MKNDY Ltd · WikiFX Survey

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MKNDY Ltd · Company Summary

Since MKNDY Ltds official website (https://www.mkndy.com/Index) no longer works, we could only piece together the rough picture of this forex broker by gathering some relevant information from other websites.

 basic-info

General Information

Registered in the United Kingdom, MKNDY Ltd claims to be a financial provider offering a series of trading instruments, such as Forex, Commodities, Indices and more.

Since MKNDY Ltds official website is inaccessible for now, we were unable to obtain more information about its business operation, spreads and commissions, minimum deposit, leverage and more.

MKNDY Ltd is not subject to any valid regulation. Bear in mind that trading with an unregulated forex broker is a surefire way to lose your money.

Leverage

Unfortunately, trading leverage cannot be founded anywhere. Leverage can magnify gains but it can also cause serious fund losses, especially to inexperienced traders.

Therefore, it is wise for beginners to choose a smaller size no more than 1:10, and the safest option is 1:1.

Trading Platform

MKNDY Ltd offers its clients access to the advanced MT5 trading platform, an industry-leading trading platform that features powerful charting package, multiple technical indicators, as well as EA supported for traders to automate trading during all trading sessions.

Customer Support

While for traders who need help during their trading process, they can only get in touch with this brokerage house through an email: support@mkndy.com.

Negative Reviews

Quite a few traders complaint that MKNDY Ltd has serious withdrawal problems, a 100% scam.

This platform takes away their hard-earned money, rejected their withdrawal requests.

Come to WikiFX to read the whole story.

negative-reviews

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

Review 14

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