MT5ive
We checked MT5ive 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
MT5ive claims it is owned and operated by MT Five Trading Limited, a company authorized and regulated by the Securities Commission of The Bahamas (SCB) with license number: SIA-F188 and the UK Financial Conduct Authority (FCA) with firm reference number: 181880. However, we did not find any match results to the company name or the license number in both authorities. The regulatory information this broker claim is a false statement for unsuspecting traders. The truth is that MT5ive is not overseen by any regulators. 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 MT5ive.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.