Is mql5markettrade.com a scam?

Item: mql5markettrade.com
Rating: 1
Author: Stingray Security

'LIKELY SCAM'

Risk: HIGH

Website Screenshot

Overview

This is an extremely high-likelihood pig-butchering crypto scam: the site is brand-new yet claims a long history and vast user base, asserts unverified global licensing, and mimics real trading platforms with fabricated statistics and testimonials. Multiple classic fraud indicators are present, with numerous demonstrable lies and unrealistic operational claims.

Similar Sites Detected

This site shares a visual template with 1 other flagged site, suggesting a coordinated scam network.

nexacapitalmarkets.com

Why We Think This Is A Scam

Domain created only 5 days ago, but claims to have been 'founded in 2011' and to serve '150K+ Active traders' in '180+ Countries' (contradiction demonstrating fabrication).

Claims to be 'Fully licensed and compliant with international financial regulations worldwide' and 'Licensed under international financial regulations across all operating regions', but provides no verifiable license numbers, jurisdictions, or evidence—classic fake KYC/legal theater.

Hosted by FranTech Solutions (known for abuse-tolerant/bulletproof hosting); registered via Atak Domain (commonly favored by scam operations for privacy and rapid deployment).

Presents platform statistics as real (e.g., '0+ Active traders', '$0B Volume traded', '0+ Global markets'; and advertises '150K+ Active traders'), grossly implausible given 5-day-old registration.

Promotes high-leverage (up to 100x), copy trading, and staking with high/guaranteed APY (e.g., 'Tether USDT 9.0% 100 USDT 90 days')—common bait for investment scams.

Several testimonials appear generic or fabricated ('Louis van Nuekerk Professional trader', 'Dee Review expert', etc.), with no way to verify the individuals and boilerplate praise ('Incredible company, I've been trading for a while...').

Claims to allow 'fast deposits & withdrawals' and rapid support responses—classic appeal to counteract withdrawal concerns and build false trust.

Unverifiable claims of integration with legitimate brands (Visa, Mastercard, TrustPilot, Binance, MetaTrader, CoinGecko) with no operational evidence.

Use of the 'MQL5' branding and SEO likely attempts to hijack trust from the legitimate MQL5/MetaTrader community, without clear connection.