Mundofxt

Registered in Spain in March 2022, Mundofxt operates from an address in Tenerife, Canary Islands. The broker offers four distinct account tiers, ranging from an Academy account with a $100 minimum deposit to a Supreme account requiring at least $15,000. This structure suggests a focus on attracting traders with varying capital levels, though no information on trading instruments or platforms is publicly available.

Our records indicate that as of the time of writing, Mundofxt does not hold any known regulatory licence from a financial authority. This absence of oversight is a significant point for potential clients to consider.

Mundofxt provides four account tiers: Academy (minimum deposit $100-$2,499), Elemental ($2,500-$4,999), Advanced ($5,000-$14,999), and Supreme ($15,000 and above). The maximum leverage is not disclosed for any tier. The tiered structure implies a segmentation of services, but without further details on spreads, commissions, or features, the actual benefits of higher tiers remain unclear.

The absence of leverage information is notable, as leverage is a key factor in retail forex and CFD trading. Traders should seek clarity on this point before committing funds.

No information is available regarding the trading instruments (such as forex pairs, indices, commodities, or cryptocurrencies) that Mundofxt offers. Similarly, the trading platform (e.g., MetaTrader 4/5, cTrader, or proprietary) is not mentioned in our records. This lack of transparency makes it difficult to assess the broker’s suitability for specific trading styles or asset preferences.

Potential clients are advised to verify these details directly with the broker and confirm the availability of their desired instruments and platform before opening an account.

Mundofxt is registered in Spain but does not hold a licence from any major financial regulator such as the CNMV, FCA, CySEC, or other Tier-1 authorities. The broker’s registered address in Tenerife places it under Spanish jurisdiction, but without regulatory oversight, clients have limited recourse in case of disputes.

The FXCanary Scam Risk Score of 52/100 reflects the elevated risk associated with this lack of regulation and the general lack of independent information available about the broker.

Mundofxt is a relatively new broker based in Spain with no known regulatory authorisation. Its tiered account structure aims to serve traders with different capital levels, but the absence of details on instruments, platforms, and leverage raises concerns. Until more information becomes publicly available, traders should approach with caution and conduct thorough due diligence.