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Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

Morgan PRE

United States United States | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://preforex.com/en.html

Website

Rating Index

License 0.00 Software 4.00 Risk Control 0.00 Business 5.54 Regulation 0.00
1.32

Contact

https://preforex.com/en.html
1585 Broadway, Midtown Manhattan, West of Broadway, New York City, USA.
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
United States
Operating Period
2-5 years
Company Name
Morgan PRE Limited
Address
1585 Broadway, Midtown Manhattan, West of Broadway, New York City, USA.
lukman hakim

lukman hakim

Unverified

Indonesia

already followed the mechanism to be able to withdraw. unexpectedly the account got blocked. The scam is terrible

Exposure

Ibrahim toga

Ibrahim toga

Unverified

Indonesia

My account was marked as 'Risky' and blocked due to failed/ rejected fund withdrawal. An unreasonable excuse. They sent proof of failed transfer via online service, which upon examination turned out to be a fake transfer slip because the recipient's name and account number did not match. Now, my fund of $2400 is stuck on the fraudulent platform preforex.com / Morgan pre. Their modus operandi is simple: easy deposit and bonus, easily earned trading profits, but funds can't be withdrawn over false money laundering and risky account accusations.

Exposure

Ibrahim toga

Ibrahim toga

Unverified

Indonesia

I registered a trading business on the preforex.com platform and deposited some money. However, when I wanted to withdraw the money, I was fined $600 under the pretext of 'money laundering'. After depositing the $600, my account recovered, but when I wanted to withdraw $200, my account was blocked with the allegation of being 'At Risk' by the Risk Control Department, and I was asked to deposit another $1200. Now, my funds amounting to $2400 are trapped in the blocked account. Is there any way to get my money back?

Exposure

FX2582496398

FX2582496398

Unverified

Kuwait

Never try to save or deposit money here, your money will never come back to you, even if you win trading. all my money loose event you are win your trading.

Exposure

Edi1014

Edi1014

Unverified

Indonesia

Deposits are easy to make, and trading is easy to make a profit. However, when a withdrawal fails/rejected, the crypto account I provided is rejected. Customer Service (CS) conveyed that in order to withdraw the account balance, I need to deposit back funds to the account equal to 100% of the account balance. My account is frozen and I can't do anything. I will not deposit funds again, because it will be a waste of money.

Exposure

5
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • preforex.com
    172.67.129.210
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Review summary

Morgan PRE Limited is a forex broker established within the last 2 to 5 years and claims to be registered in the United States, though its operational region is flagged as suspicious. The broker holds no valid authoritative forex trading licenses, placing it outside any mainstream regulatory oversight. According to WikiFX data, the entity scores a critical 1.32 out of 10 on its overall assessment, reflecting significant concerns. Public exposure posts highlight recurring issues with withdrawal denials, account freezes, and demands for additional deposits—indicating a pattern of client withdrawal difficulties. On the trading side, the broker offers account types with minimum deposits as low as $5, maximum leverage up to 1:1000, and spreads starting from 0.6 pips, yet these competitive conditions do not compensate for the absence of regulatory protection. In summary, Morgan PRE Limited operates without recognized financial supervision, and potential traders should exercise extreme caution when considering any engagement with this unregulated entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-15)

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Morgan PRE safe and reliable?

According to WikiFX data, Morgan PRE (Morgan PRE Limited) receives a critically low overall assessment score of 1.32 out of 10, reflecting significant safety concerns. The broker operates without any valid forex trading license from a recognized regulatory authority, placing it outside mainstream oversight. While it offers competitive trading conditions, the absence of regulatory protection and a pattern of user-reported withdrawal difficulties mean the entity carries a high-risk profile. Traders should exercise extreme caution.

10h
United States

Is Morgan PRE regulated?

No, Morgan PRE is not regulated by any legitimate financial authority. WikiFX assessment indicates that the broker holds no valid forex trading licenses. Its regulatory status is listed as "Not Regulated," and the license index is zero. This lack of oversight means there is no official body to address disputes or ensure client fund security.

10h
United States

What is the minimum deposit of Morgan PRE?

Morgan PRE offers multiple account types with a minimum deposit as low as $5 for its Ultra Low, Standard, and Micro accounts. The Shares Account requires a higher entry condition of $10,000. These low thresholds make the broker accessible to retail traders, though the regulatory risks remain severe.

10h
United States

Does Morgan PRE support MT4 or MT5?

Morgan PRE does not explicitly list MetaTrader 4 or MetaTrader 5 as supported platforms based on the information available. However, the account specifications indicate that Expert Advisors (EAs) are allowed, which typically suggests compatibility with automated trading. For precise platform details, traders should consult the broker's official website or customer service.

10h
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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