Originally founded as Masterforex in 2006, the company rebranded to MFX Broker and operated primarily as an online trading platform for retail clients, offering forex, commodities, and CFD trading. It heavily targeted clients in Russia, the CIS region, and parts of Asia. The company collapsed in late 2015 and early 2016, at which point it was widely reported to be a massive pyramid scheme, resulting in the loss of millions of dollars for tens of thousands of investors. Its licenses were revoked, and the company ceased all operations.

Founded in

Russia