Is Mib700 Scam or Legit Broker?

Mib700 broker is a Non-Regulated Broker. It is NOT SAFE to trade with this company. We have checked the company and there is no authorization or registration of the address, therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.

About Mib700
🗺️ Registered inEstonia
🗺️ Type of LicenseNo License
🛡️ Is Mib700 safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Mib700?

Mib700 is an Online trading and financial service provider that claims its professionalism, remarkable support team, and a range of instruments to trade on the newest technologies that include market-leading platforms. The broker states its expertise in providing financial services with a goal to keep long-term success with advanced client protection and safety measures.

  • However, all abovestated is just sweet words that, unfortunately, have nothing to do with how exactly things are going with the broker. In fact, the Mib700 brand is just another name of the numerous branches and trade names used by the firm Blonde Bear OU, located in Estonia and that proved its fraud and scam operations to many worldwide traders and the history of its warnings. All companies that the group uses were blacklisted by various jurisdictions or authorities,  scam reviews appear all over the internet. Yet, the company still delivers its tricky business under various names.
  • The company obviously does not hold any license, while being located in EU countries should obtain authorization for its service delivery. Meanwhile, the firm didn’t receive any and is just continuously searching for new clients, that are facing afterward a failure to withdraw any funds or get their profits.

Mib700 Review

Mib700 Review Conclusion

It is definitely not safe to trade with Mib700 and with all its affiliated groups of brands. Exactly for that reason, we always advise staying far away from unlicensed companies and checking carefully the company history, reputation, and applicable authorization before any investment is made. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and HFM.


Mib700 Update

Based on our research, the Mib700 website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals. 

No news available.

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