Majest Trade
We checked Majest Trade against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Majest Trade is not a reliable broker for traders even though it states offers that look good to be true. Majest Trade claims to be owned and operated by Venture LTD. a company registered with the Marshall Islands Registry (IRI) with registration No. 196960. We indeed find a match result to Venture LTD in IRI, but the registration number of this company is 25018. What's more, the company's registration status was annulled. Besides, Marshall IRI does neither issue licenses for forex trading nor regulate entities engaging in forex trading. The truth is, Majest Trade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Majest Trade.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.