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Mondial Investments LTD Review – Don’t Trust This Scam Broker

Mondial Investments LTD Review

If there’s one good thing to mention, it’s definitely the broker’s website. Slick design and interesting motions. However, one investment company should focus more on legitimacy and less on visual effects. Or at least that’s what we believe.

Our detailed Mondial Investments LTD review will elaborate on all the issues clients have experienced with this broker. Continue reading and learn how to protect yourself from abusive financial intermediaries.

In addition, we urge you to be extra vigilant with unregulated brokers such as iTrader, 24Option and MagnumFX.

Broker Status:Offshore Scam Broker
Broker Regulation:Unlicensed Forex Provider / No Regulation
Operating Status:Active Forex Trading Scam
Blacklisted as a Scam by:FCA / CNMV
Broker Owner:Mondial Investments Limited
Headquarters Country:UK (allegedly)
Foundation Year:2022
Trading Platforms:WebTrader
Mobile Trading:Available only via web browser
Minimum Deposit:250 USD
Deposit Bonus:50-100%
Crypto Trading:Not Available
CFD Trading:Yes, you can trade CFDs
Trading Instruments:Forex / Commodities / Indices / Shares
Maximum Leverage:1:500
Islamic Account:Not Available
Demo Account:No, only live trading accounts
Accepts US Clients:US traders are not accepted
Global Fraud Protection Team:Don’t Invest in This Scam Broker!

Is Mondial Investments LTD a Trading Scam Without a License?

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 searched for Mondial Investments LTD regulation but instead found a warning. The broker apparently didn’t register or regulate their business but started to onboard customers illicitly. 

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 quicker.

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

Mondial Investments LTD is an unregulated online financial fraud. The brokerage has been providing unauthorized investment services and has been banned in the UK and Spain.

Warnings Against Mondial Investments LTD Broker Scam

Mondial Investments LTD Warning

Since allegedly based in the UK, UK authorities exposed the Mondial Investments LTD trading scam in November 2022. FCA says the company may be providing financial services or products without valid authorization.

This same warning was later republished in Spain due to numerous complaints that CNMV received. It’s our official evidence to back up the story and show that you shouldn’t trust this or similar bogus online websites.

Where Is Mondial Investments LTD Trading Scam Active?

The website of this fraudulent brokerage has been active since the 25th of October, 2022. This was when it entered the GoDaddy WHOIS database. The majority of complaints have come from:

  • UK
  • Canada
  • Netherlands
  • Slovenia

In December 2022, the company ended up on Reddit, where users described their experience in detail, from signing up for a YouTube ad to the fact that they could not withdraw their money.

Since the firm is not legal in any region, you should avoid it altogether. And if you fall, victim, we’ll help you file a report!

Also, we encourage you to read our most recent scam broker reviews for PNL Advanced, Adar Capital, and Lamelle Financial. For those who aren’t aware, their investment opportunities are simply too good to be true!

What Trading Platforms Are Available? – Trading Software

Mondial Investments LTD’s trading platform is described as “the proper trading terminal.” Broker goes on and on about the importance of trading software and how their tool can satisfy even the most demanding traders.

Upon account registration, we discovered that there’s only one software on offer: WebTrader. It’s a simple tool with a trading instrument overview on the left side, charts on the right, and an order display at the bottom. Nothing that would be remotely close to a proper offer for experienced investors.

The brokerage doesn’t offer any third-party trading platforms, such as MT4, MT5, or cTrader, which are more reliable and have a broader range of functions. With these, a demanding trader would actually be satisfied.

In addition, there are no mobile apps for Android or iOS, making this platform even less desirable.

What Trading Assets Does the Broker Offer?

The company offers to trade in the following assets:

  • Currency pairs (Forex Market) – EUR/USD, USD/AUD, USD/ZAR
  • Commodities – gold, brent oil, silver
  • Indices – DJIA, AU 200, DAX 30
  • Shares – Alibaba, Adidas, BMW

If you were hoping for crypto trading, Mondial Investments LTD disappoints again.

Trading Accounts Review – What’s the Difference?

Mondial Investments LTD Trading Accounts

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.

From the 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.

Note that the minimum deposit is $250, but you get no benefits whatsoever. In addition, the Mondial Investments LTD Demo account is not available.

Mondial Investments LTD Verification Issues

Mondial Investments LTD was a target of heavy critics amid withdrawal issues. Besides the fact that the brokerage offers bonuses but doesn’t specify the minimum trading volume necessary for withdrawals, there’s an account verification issue.

If you open a page dedicated to deposits and withdrawals, you will see that they require personal data verification. This includes:

  • Passport / driver’s license containing your photo, first and last name, age, citizenship, and signature
  • Card confirmation with first 6 and last 4 digits visible, expiration date, name, and signature
  • Proof of address stating your full name and current address, not older than 3 months

However, they won’t bother getting these documents when you make your first deposit. Yet, once you submit a withdrawal request, AML policies will become a priority, and they will ask you to submit all the documents over and over. Photos and signatures will never be good and visible, and there will always be an issue.

This can go on for weeks or even months before they disappear and leave you without your money.

I Lost Money With Mondial Investments LTD Scam, What to Do?

If you find yourself a victim of the Mondial Investments LTD scam, let us know. There are many unscrupulous brokers out there, but that doesn’t mean you should give up on your funds. Global Fraud Protection is here to assist you with the issue and help you find the perpetrators.

Our chargeback experts will evaluate your case thoroughly and find the best recovery method. If you transferred funds via crypto, it’s still possible to get them back.

We’ll put you through with our CipherTrace analysts, who will do their best to follow the path of your digital coins and find the wallet holding them now.

Don’t give up; book a free consultation now!

All In All, Don’t Let the Scammers Get Away for Free!

FAQ Section:

Is Mondial Investments LTD a Legit Broker, and Should I Invest In It?

Mondial Investments LTD is not a legit trading firm. If you invested your money and have issues recovering it, contact us for help with the chargeback procedure.

What Is the Mondial Investments LTD Minimum Deposit?

The brokerage requires a minimum deposit of $250, but you get no benefits.

Are My Funds Safe With Mondial Investments LTD?

Since the company is banned in the UK and EU, your funds are not safe with Mondial Investments LTD.