Is Midea Investment a Good Broker or a Scam?
Midea Investment has a similar name to a rather unstable character in Greek Mythology. Not only did this broker not choose their name wisely, but it claims to be licensed in the UK and the EU. In this case, Midea Investment would need to show an FCA license as well as other proof that it is regulated in other European countries, but doesn’t provide any proof that it is licensed.
We Have Some Concerns with Midea Investment
No regulated broker would be reticent about showing evidence of licensing. This is more than a little bit suspicious. Added to that, it promises its clients that they will see an 85% return which is nearly impossible to guarantee. Even the most reliable brokers can estimate–and not promise–a 10% annual return. There is no reason to trust a broker that makes so many promises and yet gives almost no information about itself.
Midea Investment Red Flags
- No license
- No transparency
- False claims of licensing
- Exaggerated promises of returns
- Bad reviews
Lost Money to Midea Investment? Talk to Us!
Our experts understand brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid Midea Investment and instead find a reliable and licensed broker. If you have lost money to this broker, contact us and we will help you locate your funds