Mondial Investments LTD Review – Truth Behind This Scam Broker

Mondial Investments LTD Review review shows why you can’t trust a broker company without doing thorough research. This trading firm claims to be located in the UK, which we have a hard time believing. Something fishy is going on with them.

Overall, there is no reason why a trader should trust an unlicensed company with handling his money. They are outright lying about their information because they are trying to hide the fact they are operating illegally.

Mondial Investments LTD Regulation and Security of Funds

Mondial Investments LTD claims to be based in the UK and owned by the same-named company. However, any brokerage house providing trading services from the UK needs to be authorized by the UK financial regulator, FCA.

We did find Mondial Investments LTD in the FCA’s register, but not in the way you would hope for. They are blacklisted by the FCA because they provide financial services or products in the UK without their authorization.

However, this is not the end. After the FCA’s warning, several regulators republished this warning. The first one was the Belgium FSMA, and then the Netherland AMF and Spanish CNMV.

Aside from the license, this brokerage also grants risky trading conditions. For instance, due to high asset volatility, ESMA imposed a leverage cap of 1:30 for retail traders. At the same time, Mondial Investments LTD offers up to 1:500, meaning you can earn 500 times more but also lose everything you have 500x more quicker.

In conclusion, Mondial Investments LTD is a financial fraud, and we’d like you to notify us of any details you may have regarding their business. Our customers’ stories have been the most valuable tool in our fight against scammers.

When a broker gets blacklisted by several regulatory bodies, like this one, there is no doubt about their (un)reliability. 

Trading Platform Overview

Mondial Investments LTD claims to offer its trading platform that is “technology advanced” and “world’s leading platform”.

We registered without delay – we just filled in our names, email, country, and phone number, and were ready to go. Only after we entered our account were we able to see this broker’s web terminal.

Most reputable brokers give access to their trading terminal beforehand just so you can get familiar with the platform and see if it suits you. In the case of Mondial Investments LTD, this wasn’t possible. As we mentioned already, we happened to see the software only after our registration was complete, which is a huge drawback.

There is no reason to pick this platform when you pick a trading company that uses the best trading platforms – MetaTrader 4 and MetaTrader 5.

MetaTrader 4 is a platform for trading Forex, analyzing financial markets, and using Expert Advisors. Mobile trading, Trading Signals, and the Market are the integral parts of MetaTrader 4 that enhance your Forex trading experience.

MetaTrader 5 is a multi-asset platform that allows trading Forex, stocks, and futures. It offers superior tools for comprehensive price analysis, the use of algorithmic trading applications (trading robots, Expert Advisor). and copy trading.

Account Types Available at Mondial Investments LTD

By now, we hope that you understand the risks of investing with an unregulated broker. If, however, you’re still keen on investing, here is the offer of Mondial Investments LTD account types.

1. Beginner – 5,000 GBP
2. Silver – 25,000 GBP
3. Gold – 75,000 GBP
4. Premium – 150,000 GBP
5. VIP – 250,000 GBP

Besides these enormous sums of money, there’s nothing good to display. Leverage is against regulatory rules, ranging from 1:20 to 1:500.

Mondial Investments LTD Offers Bonuses

One of the most common tricks with which scammers may try to steal your money and get away with it is with the so-called trading bonus, which you will be offered upon signing for a trading account. 

As a rule, such bonuses come with strings attached, usually a minimum trade volume requirement, that will prevent you from making any withdrawals no matter what you do or how you trade.

From Mondial Investments LTD’s Gold account, the company guarantees a minimum ROI of 9%, offering a 50% bonus. The following two accounts have 12% and 15% ROI and bonuses of 75% and 100%, respectively.

Funding Options Available

The payment process of Mondial Investments LTD is very shady – it seems as if you can use a credit/debit card but you can’t make a deposit right away. Instead, after making a payment request, the “financial department” should contact you to proceed with your transaction.

We did receive an email from an account manager asking to speak to us on the phone. We highly advise you to stay away from this broker and certainly to avoid any phone calls from it. They have experienced fraudsters, and they know what to say to make you make a deposit.

The minimum deposit is 5000 GBP, which is absurd. You can open a micro account for $10.

The Methods Used in the Fraud

Scam brokers like Mondial Investments LTD are all about making a false impression that you are dealing with a credible firm. After that, they count on deceiving people into leaving personal details. If you open an account with such an entity, you should expect endless phone calls. Scammers will constantly try to approach you and make you deposit money as quickly as possible. 

Remember that urgency is always a treacherous sign, so it’s probably a scam if someone is pushing you constantly into making a deposit.

In the worst-case scenario, you’ll deposit, and scammers will persuade you to trade instead of you. They will present you with magnificent profits generated – false, of course, and you’ll get excited, asking to take your money back. 

As you probably guess, they won’t let you do so and will try to get another deposit from you, promising that much more lucrative gains are waiting. Or, they can ask for a false tax, saying that withdrawals are only possible if you cover the charge in advance. If you pay, you’ll increase the amount stolen from you, but if you keep asking for your money, you’ll soon realize it’s a scam.

Mondial Investments LTD Summary

Mondial Investments LTD broker claims to be located in the UK. We know this is not true, since the FCA blacklisted them, as well as many other regulators – FSMA, AMF, and CNMV.

Now, this unregulated entity has a 5000 GBP minimum deposit. These two facts are enough for us to advise you to avoid them at all costs.

There is no reason to risk that kind of money when there are many legit brokers. We listed several of them. Don’t be afraid to ask for our help.

FAQs About Mondial Investments LTD Broker