MBA Trading International LTD, operating as MBA Trading Group, positioned itself as a global multi-asset brokerage firm. Launched in 2018, its flagship platform, MBAex, was designed to provide a comprehensive trading environment for Forex, Contracts for Difference (CFDs), commodities, and particularly digital assets (cryptocurrencies). The company heavily promoted its own digital currency, MDC. However, in late 2019, the platform abruptly ceased operations, and users reported being unable to withdraw their funds, leading to numerous public accusations of it being a Ponzi scheme or an exit scam.

Founded in

United States