Global Broker Regulatory Inquiry Platform
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

MTF

Hong Kong Hong Kong | 5-10 years |
Regulated in Hong Kong | Precious Metals Trading (AGN) | MT5 Full License | Regional Brokers

https://mingtakfn.com/en

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

MingTakInternational-Server

Singapore
Singapore
MT5
6

Influence

C

Influence index NO.1

Hong Kong Hong Kong 3.80

MT4/5 Identification

MT4/5 Identification

Full License

6
Server Name
MingTakInternational-ServerMT5
Server LocationSingaporeSingapore

Influence

Influence

C

Influence index NO.1

Hong Kong Hong Kong 3.80
Surpassed 77.70% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+852 54454098
https://mingtakfn.com/en
Suite 822, 8/F Ocean Centre Harbour City, Tsim Sha Tsui, Hong Kong.

license Forex License 1

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Basic Information

Registered Region
Hong Kong
Operating Period
5-10 years
Company Name
Ming Tak International Development Limited
Abbreviation
MTF
Company employee
--
Customer Service Email Address
support@mingtakfn.com
Contact Number
+85254454098
Company Address
Suite 822, 8/F Ocean Centre Harbour City, Tsim Sha Tsui, Hong Kong.
FX4046951832

FX4046951832

Verified

Hong Kong

Imposed closing time limits, turning profitable accounts into losing ones. Stopped trading without reason and prevented withdrawals. Even refused to pay agent commissions.

Exposure

sweet8724

sweet8724

Unverified

Bangladesh

assest to wallet not transfer with 5 day

Exposure

黄金白银走势分析師

黄金白银走势分析師

Authenticated
Verified

Hong Kong

The deposit and withdrawal are safe, the spread is low, and there is no slippage after using it for half a year, which is good overall.

Positive

Positive

FX1027111783

FX1027111783

Unverified

Hong Kong

The advantage is of course low spreads. But when you make any trades, there are actually people watching you. For example, if you buy or sell gold and the US releases data that affects the price of gold, your entry price will be far from the market price (gold can exceed $10), which means there is a significant slippage. Without underestimating it, it is crucial to slow down your buying price. Other brokers also have slippage, but not as slow as this. Keep up the good work, everyone! 💪

Neutral

Neutral

FX1685654954

FX1685654954

Unverified

Ukraine

MTF has ctrader account to connect TradingView, however, it often fail to login, keeps saying

Neutral

Neutral

Chi-ming

Chi-ming

Unverified

Hong Kong

I am Chi-ming from Hong Kong, having been use MTF for two years, it is a quite stable platform. Haven't met any issues so far.

Positive

Positive

Tracey

Tracey

Unverified

Hong Kong

Hello, mates in trading! My experience with Ming Tak Financial (MTF) has been invigorating. I appreciate the company's decision to be regulated under CGSE, as it adds a sense of trust. The impressive feature that reeled me in was the fixed spread starting from as low as 0.15 pips. I found their focus on precious metals trading, including spot Gold and Silver, in addition to US Crude, appealing for a metal trader like me. But MTF being silent on trading conditions did throw me off balance. I suggest reaching out to their support team via the provided contacts for more detailed information.

Positive

Positive

Starrr

Starrr

Unverified

New Zealand

I've had a stimulating journey. Based out of Hong Kong and regulated by CGSE, it's indeed gratifying that the company ensures a secured trading environment. One of the highlights that appealed to me is the absence of a minimum deposit, which is a significant advantage, especially for new traders or those who wish to trade with lesser-risk capital. The trading of precious metals and US crude offered me a diversified investment experience. MT4 and MT5's inclusion as the trading platforms was reassuring, given their popularity and comprehensive features.

Positive

Positive

欣欣向荣35460

欣欣向荣35460

Unverified

Taiwan

Although. . but. . The minimum deposit of ten dollars is really low, but I still wish I could have a demo account for me to test the waters first, but they don't have it. . . It is said to provide the mt5 platform, but I have to ask the customer service for the download link, which is very troublesome.

Neutral

Neutral

FX1146376721

FX1146376721

Unverified

Hong Kong

I saw this company without a regulatory license advertise its own bonus on the homepage... Seriously, don’t be tempted easily, because for a scam company, whether it’s your money or the bonus he gives you, it will all go to him in the end account!

Neutral

Neutral

10
Related Software
Biz Area
Website
Genealogy
Related Companies
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
55.33
velocityIcon
Average Latency (ms)/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Meta Trader 5
Perfect

Users who viewed MTF also viewed..

vantage

vantage

8.70
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
vantage
vantage
Score
8.70
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
STARTRADER

STARTRADER

8.57
Score
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
STARTRADER
STARTRADER
Score
8.57
ECN Account10-15 yearsRegulated in AustraliaMarket Making License (MM)MT4 Full License
Official Website
HANTEC MARKETS

HANTEC MARKETS

8.53
Score
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
HANTEC MARKETS
HANTEC MARKETS
Score
8.53
ECN Account15-20 yearsRegulated in United KingdomMarket Making License (MM)MT4 Full License
Official Website
GO Markets

GO Markets

8.98
Score
Above 20 yearsRegulated in AustraliaMarket Making License (MM)cTrader
GO Markets
GO Markets
Score
8.98
Above 20 yearsRegulated in AustraliaMarket Making License (MM)cTrader
Official Website

Website

  • mingtakfn.com
    172.67.199.209
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Genealogy

vip Subscribe in the App to unlock!
Download APP
vipvip
MTF

Related Companies

MING TAK DEVELOPMENT INTERNATIONAL LIMITED(Hong Kong)
Hong Kong
MING TAK DEVELOPMENT INTERNATIONAL LIMITED(Hong Kong)
Active
Hong Kong
Registration No.
2647567
Established
MIND FINANCIAL INTERNATIONAL LIMITED(Hong Kong)
Hong Kong
MIND FINANCIAL INTERNATIONAL LIMITED(Hong Kong)
Deregistered
Hong Kong
Registration No.
1128211
Established

Company Profile

Company Profile

Review summary

MTFReview Summary
Founded2019
Registered Country/RegionChina (Hong Kong)
RegulationHKGX
Market InstrumentsMetals and Crude Oil
Demo Account/
Leverage/
SpreadStart from 0.15 pips
Trading PlatformMT5
Minimum Deposit$10
Customer SupportEmail: support@mingtakfn.com
Phone: +852 54454098
Social Media: Facebook, YouTube, Telegram, Instagram, WeChat
Address: Suite 822, 8/F Ocean Centre Harbour City, Tsim Sha Tsui, Hong Kong.
Regional Restrictionsthe U.S, Canada, Israel, and Islamic Republic of Iran

MTF Information

MTF was established in 2019 and registered in Hong Kong, which is regulated by HKGX. The platform focuses on metal and commodity trading, with a minimum deposit of only $10. It uses MT5 trading software, is commission-free, and has spreads as low as 0.15 points. The platform targets experienced traders and provides comprehensive customer support. However, MTF does not provide services for residents from the following countries: the United States, Canada, Israel, and the Islamic Republic of Iran.

MTF Information

Pros & Cons

ProsCons
Regulated by HKGXLimited info on account type
Specialized in commodities tradingRegional restrictions
Minimum deposit as low as $10Limited payment options
No commission
MT5 support available
Various customer support channels

Is MTF Legit?

MTF is regulated by the HKGX, with Mingde International Tracker Limited as the regulatory entity, holding a Type AA License with license number 194.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
China (Hong Kong)Hong Kong Gold Exchange (HKGX)RegulatedMingde International Tracker LimitedType AA License194
license

What Can I Trade on MTF?

MTF's tradable instruments focus on metals and commodities, mainly precious metals and US crude oil.

Tradable InstrumentsSupported
Metals
Crude Oil
Commodities
Forex
Indices
Stocks
Cryptocurrencies
Options
Funds
ETFs
assets
assets

Fees

Commission: MTF does not charge commission.

Spread: MTF's spreads vary depending on the asset, starting as low as 0.15 points.

Minimum deposit: MTF's minimum trading amount is $10.

Fees

Trading Platform

MTF supports trading via MT5, which is a well-known mainstream platform in the industry. It has an automatic trading system and is popular among traders.

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Mobile, WebExperienced traders
MT4/Beginners
Trading Platform

Deposit and Withdrawal

MTF accepts payments via bank wire transfer. MTF transfers take only 5 minutes to process.

Note: MTF does not accept third-party transfers.

There are no fees for deposits and withdrawals on MTF.

Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

Keywords

  • 5-10 years
  • Regulated in Hong Kong
  • Precious Metals Trading (AGN)
  • MT5 Full License
  • Regional Brokers

Wiki Q&A

Is it risky to trade with MTF?

MTF exhibits a mixed risk profile. It holds a formal license for Precious Metals Trading (AGN 194) from the Hong Kong Gold Exchange, providing a baseline of operational oversight. The broker holds an overall WikiFX Score of 7.77, which includes notably high scores in risk control (9.62) and trading software (9.3). However, as a regional broker primarily regulated by a commodities exchange rather than a mainstream financial authority, its regulatory framework for forex trading may differ from top-tier jurisdictions.

Three days ago
United States

Which regulator oversees MTF?

MTF, operated by Ming Tak International Development Limited, is regulated by the Hong Kong Gold Exchange (HKGX) under Precious Metals Trading license number 194.

Three days ago
United States

Does MTF support MT5?

Yes, MTF supports the MetaTrader 5 platform as a Full License MT5 trader, with an average trade execution speed of 49.67 ms.

Three days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Three days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Three days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Three days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Three days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Three days ago
United States
View More

User Reviews10

All (10) Positive (4) Neutral (4) Exposure (2)
Scroll down to view more
Write a review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
10
Customer ServiceDownload AppScroll to TopTOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com