Review Time
This is a scam platform.
They advise you to take trades that lead to losses and completely wash out your capital. Even if you make a profit, they refuse withdrawal requests and block all communication.
With your bank’s support, you may be able to recover your money.
This platform is purely a scam. Be very careful and avoid it at all costs.
I deposited over USD 6,000 with this company, trusting their promise of professional trading support. Instead, they provided random, poorly analyzed trading recommendations that led to losses. Later, they kept pressuring me to add more funds, which raised serious doubts about their credibility.
When I started trading independently and earned over USD 2,500 in profit, they suddenly stopped responding to all withdrawal requests. My calls, emails, and online messages were completely ignored. After sending a firm written demand, I eventually received my original deposit—but none of the legitimate profit.
They have also changed their website from moneyplantfx.com to moneyplantfxfze.com, apparently to target new investors under a different name. From what I can verify, they do not appear to hold authorization from the UAE Securities and Commodities Authority (SCA) or the Dubai Financial Services Authority (DFSA) to collect investments or offer forex services.
Please be cautious before depositing funds. Always verify a broker’s license through official UAE regulatory sources.
I reached out to the service when my bank was unable to help further. They reviewed my documentation, explained my options, and kept in touch. Ultimately, the case ended with my funds being returned after evaluation and review.
I had a very disappointing experience; it's best to steer clear as they lack transparency and reliability, putting your funds at risk. I took action and filed a complaint, and thankfully, I received everything back within a few days.
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Money Plant FX is an international online Forex and CFD trading platform operated by MONEY PLANT FX LTD, a company registered under the laws of the Comoros Union with the company registration number HT00324030 and registered address at Bonovo Road, Fomboni, Island of Moheli, P.B 1257, Comoros.
Moneyplant FX provides traders with 24/7 access to a wide range of financial instruments via the advanced Meta Trader 5 (MT5) platform.
Key Features:
Trading Instruments: Access over 25 forex currency pairs, leading cryptocurrencies like Bitcoin, Ethereum, and Litecoin, and CFDs on commodities such as gold, silver, oil, and various global stock indices.
Platform: Trade efficiently on the Meta Trader 5 platform, known for its speed, advanced charting tools, and user-friendly interface.
Global Access: Trade anytime, anywhere, with support and tools designed for both beginner and experienced traders.See more
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