What don’t scam brokers promise to lure clients and take their money! For example, the subject of our MCJInvest review presents itself as a “renowned trading partner” and promises a high-tech terminal, an extensive selection of global financial market assets, and, of course, comprehensive assistance from an experienced team of professionals. Newcomers might be tempted by such enticing offers, but we’re here to help them see the truth: this project is the creation of fraudsters. Below, we’ve gathered evidence to support this claim.
Key Features
- Company Name: MCJInvest
- Website: https://mcjinvest.io/
- Available Contacts: Not specified
- Foundation: 2024
- Services: Forex/CFD trading
- License: No
- Initial Deposit: $250
From Sign-Up to Payout
The official MCJInvest website, thanks to its well-chosen color scheme and template, appears quite appealing at first glance. However, that’s about as far as its strengths go. A closer look at its content and functionality reveals numerous issues:
- On the homepage, instead of a quality presentation of the broker, visitors encounter a disorganized array of company offerings. While some of these might seem interesting — for instance, the advertisements for ordering a special debit card and the referral program, which take up over 50% of the space — there is an apparent lack of detailed information about the platform itself and its trading capabilities. The creators of the project clearly decided such details were unnecessary for the homepage.
- There’s no registration form to be found. The website lacks any navigation element that would open one, even within the authorization form. Unfortunately, this is not unique among scammers; we’ve come across several projects where accounts can only be created via customer support.
- Contact information is also inadequate. The “Contact Us” page contains only a feedback form. There are no phone numbers, email addresses, social media links, mailing addresses, or even an online chat feature.
This significant omission makes communication with company representatives exceedingly difficult, especially when problems arise that need immediate resolution. For instance, when we attempted to discuss creating an account, the dialogue pace was one message per day per side. Unsurprisingly, we couldn’t demonstrate our willingness to deposit $10,000 (yes, the minimum they suggested) or obtain an active account.
The above alone is enough to classify MCJInvest as a scam broker. However, we continued our investigation to provide the most compelling evidence possible.
Our Trading Experience With MCJInvest
Since we couldn’t obtain an active account, we had no access to the client area or the trading terminal. Interestingly, the creators of the platform are exceptionally vague when describing their trading software. What’s even more peculiar is that the site doesn’t include any images of the actual MCJInvest trading platform. We suspect this decision stems from the fact that the software is quite generic and subpar, but this is just our assumption.
What we can evaluate, however, are the trading conditions listed in the “My Account” section of the main menu. The company offers five account types:
- Basic.
- Silver.
- Gold.
- Platinum.
- VIP.
The firm’s staff seems unfamiliar with the concept of organized information placement. This would explain why the level of detail on each tab varies so wildly. The only consistently mentioned detail is the minimum deposit amount:
- Basic accounts require a minimum deposit of $250, while VIP accounts demand $250,000.
- Clients can trade with leverage ranging from 1:30 on the Silver plan to 1:500 on VIP.
- Spreads decrease from 3.0 pips on Basic accounts to zero as account balance increases.
Other trading terms, like swap rates and commissions, are conspicuously absent. This omission is likely a deliberate move to prevent potential clients from realizing how high the associated costs are. After all, if traders knew upfront how much they’d lose, they might avoid opening accounts with MCJInvest altogether. The excessively high leverage on senior account tiers — more than ten times the leverage of entry-level accounts — also serves as a red flag. It appears the broker is happy to expedite the loss of large deposits.
Instead of providing useful data about trading conditions, the account descriptions emphasize “exciting” (or so the platform’s staff believes) additional options. For example, imagine the delight of a client who, after depositing the $250 minimum, gains access to introductory information about trading software and a crypto wallet. To unlock advanced training tools, webinars, and live trading examples, they would need to deposit significantly more — a mere $50,000.
All in all, MCJInvest seems designed to drive away experienced traders while appealing to novices, who are more likely to part with their money quickly.
The Reality Check
Earlier, we mentioned the lack of a company office address on the “Contact Us” page — or anywhere else on the site. Nor does the broker provide a registration address. Only by scrutinizing the Terms & Conditions document did we find a modest statement that the platform operates under the laws of “saint vincent and the grenadines,” with disputes resolved in the courts of this Caribbean nation.
We copied the country’s name directly from the document, which we hope conveys the level of professionalism among MCJInvest staff.
Verifying this in the local financial regulator SVGFSA’s registry is straightforward. While the SVGFSA itself acknowledges that it does not issue licenses or regulate Forex and CFD brokers, it does register such services.
Among the registry entries, there was not a single one that resembled MCJInvest (we used all possible spellings of the company’s name during the search). This means the broker has no affiliation with Saint Vincent and the Grenadines and was definitely not registered there.
However, in the Open Corporates database, we found six active companies with the same name operating in different countries (such as the United Kingdom, France, Australia, Denmark, etc.). Naturally, we checked all of them. Among these were:
- Micro-companies whose small capital and staff of 1-2 people make it impossible for them to organize trading operations.
- Firms involved in real estate investment.
- An investment advisory company.
Unfortunately for the project’s owners, none of these entities possess a brokerage license. The conclusion is simple: this broker decided to operate exclusively online, without obtaining official registration in any jurisdiction. Instead, they chose to use a rather common name to mask their activities. This move is quite typical for scammers.
It’s worth noting that a virtual company cannot enter into agreements with banks to issue cards for third parties. Therefore, the promise of issuing debit cards to users is far from reality and is merely a clever marketing ploy.
Of course, a non-existent firm cannot obtain licenses, even from offshore regulators. Consequently, the platform cannot legally provide brokerage services. Are you ready to send your money to an unknown entity? We don’t think you should do that either.
How Long Has MCJInvest Been in the Game?
The broker’s website lacks information not only about its location but also its registration date. However, as we’ve already discovered, no actual company was established, so discussing historical dates is pointless. The only thing this platform, which exists solely as a website, might have is a domain registration date. We determined this using the Whois service.
It turned out that the working domain, mcjinvest.io, was registered only at the beginning of November 2024. This means the broker has been around for just over a month. What remains unclear is why, during all this time, its specialists failed to fix even a portion of its issues. Then again, scammers have always had, to put it mildly, an unconventional approach to their web resources, and MCJInvest is no exception here.
Extra Fraud Indicators
After reviewing the official data on the platform, we naturally decided to check for MCJInvest reviews online. Unsurprisingly, we found no reviews from current or former clients. The only material we discovered was a couple of expert publications, which entirely support our opinion that this project is a scam.
During our search, we stumbled upon an exact copy of this broker’s website. It was hosted at interactinvest.com. Interestingly, why would the project owners create a clone under the name Interact Invest and repeat all the same problems? Do they believe that two very poor websites will attract more clients and, consequently, bring in more money than one?
Is MCJInvest the Right Fit?
Would you willingly give your money to a pseudo-company operating without registration or licenses? Do you want to work with a broker that doesn’t even allow you to register on your own? Are you confident the creators of two identical, poorly designed websites with different names won’t deceive you? We hope that after reading our MCJInvest review, you’ll answer all these questions with a resounding no. This will help you protect your funds and use them to trade with a real, licensed broker.
I initially had a very positive impression of MCJInvest. The company promised protection from negative balances and assistance from a personal account manager. Since I had no experience trading on financial markets, this seemed like a great option. However, in reality, all these promises turned out to be lies, and traders are simply being scammed out of their money here. I started with a Silver account, depositing $10,000 as recommended. Later, I added another $15,000 on the ‘managers’ advice. I didn’t earn a single cent with these ‘professionals,’ and today I can’t even log into my account. I’ve contacted support, but so far, no one has responded. I’m starting to suspect this is a SCAM! Be cautious.