Score

7.26 /10
Good

MTF

Hong Kong

5-10 years

Regulated in Hong Kong

Precious Metals Trading (AGN)

MT5 Full License

C

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Comparison

Quantity 3

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Time Machine
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Score

Regulatory Index5.78

Business Index6.94

Risk Management Index8.13

Software Index6.72

License Index7.37

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Ming Tak International Development Limited

Company Abbreviation

MTF

Platform registered country and region

Hong Kong

Company website

Facebook

Instagram

YouTube

WhatsApp

  • 85254454098

Company summary

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WikiFX Verification

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MTF · Company summary
MTFReview Summary
Founded2019
Registered Country/RegionChina (Hong Kong)
RegulationHKGX
Market InstrumentsMetals and Crude Oil
Demo Account/
Leverage/
SpreadStart from 0.15 pips
Trading PlatformMT5
Minimum Deposit$10
Customer SupportEmail: support@mingtakfn.com
Phone: +852 54454098
Social Media: Facebook, YouTube, Telegram, Instagram, WeChat
Address: Suite 822, 8/F Ocean Centre Harbour City, Tsim Sha Tsui, Hong Kong.
Regional Restrictionsthe U.S, Canada, Israel, and Islamic Republic of Iran

MTF Information

MTF was established in 2019 and registered in Hong Kong, which is regulated by HKGX. The platform focuses on metal and commodity trading, with a minimum deposit of only $10. It uses MT5 trading software, is commission-free, and has spreads as low as 0.15 points. The platform targets experienced traders and provides comprehensive customer support. However, MTF does not provide services for residents from the following countries: the United States, Canada, Israel, and the Islamic Republic of Iran.

MTF Information

Pros & Cons

ProsCons
Regulated by HKGXLimited info on account type
Specialized in commodities tradingRegional restrictions
Minimum deposit as low as $10Limited payment options
No commission
MT5 support available
Various customer support channels

Is MTF Legit?

MTF is regulated by the HKGX, with Mingde International Tracker Limited as the regulatory entity, holding a Type AA License with license number 194.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
China (Hong Kong)Hong Kong Gold Exchange (HKGX)RegulatedMingde International Tracker LimitedType AA License194
license

What Can I Trade on MTF?

MTF's tradable instruments focus on metals and commodities, mainly precious metals and US crude oil.

Tradable InstrumentsSupported
Metals✔
Crude Oil✔
Commodities✔
Forex❌
Indices❌
Stocks❌
Cryptocurrencies❌
Options❌
Funds❌
ETFs❌
assets
assets

Fees

Commission: MTF does not charge commission.

Spread: MTF's spreads vary depending on the asset, starting as low as 0.15 points.

Minimum deposit: MTF's minimum trading amount is $10.

Fees

Trading Platform

MTF supports trading via MT5, which is a well-known mainstream platform in the industry. It has an automatic trading system and is popular among traders.

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, Mobile, WebExperienced traders
MT4❌/Beginners
Trading Platform

Deposit and Withdrawal

MTF accepts payments via bank wire transfer. MTF transfers take only 5 minutes to process.

Note: MTF does not accept third-party transfers.

There are no fees for deposits and withdrawals on MTF.

Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

News

ExposureMing Tak Review 2026: Regulation, User Complaints, and Platform Concerns

Ming Tak is a Hong Kong-regulated broker with an adequate WikiFX score, but user complaints regarding severe trade slippage and blocked withdrawals present notable risk signals. Indian traders should exercise caution and carefully verify platform stability and withdrawal reliability before depositing funds.

WikiFX
2026-07-14 12:30
Ming Tak Review 2026: Regulation, User Complaints, and Platform Concerns

ExposureMing Tak Review 2026: Regulation, Complaints, and Platform Access

Ming Tak (MTF Trading) is an HKGX-regulated broker with a high WikiFX score, but it currently displays mixed risk signals due to conflicting user reports regarding blocked withdrawals and account support. Indian traders should cautiously verify its platform access and complaint history before depositing funds.

WikiFX
2026-06-12 13:00
Ming Tak Review 2026: Regulation, Complaints, and Platform Access

User Reviews

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User comment

12

Comments

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FX1185338727
0-3months
我在明德金融(MTF)交易時感覺到明顯的訂單執行延遲(Latency/Delay), 估計是做市商(B-Book)模式,也就是平台自己與客戶做對手盤(你賺平台虧,你虧平台賺). 如在美國非農/CPI 公佈時滑價超過$10, 是非常典型的對賭平台(B-Book)惡意拉大點差、卡訂單、收割客戶短線利潤的後台操作. 而試過幾次公佈數據時賺錢, 其後就收到明德的 WhatsApp 通知, 數據公佈日價格波動大要小心, 跟著的在數據公佈日的滑價就越來越大, 現在已冇玩明德, 所以講講經驗. 翻查資料, 香港金銀業貿易場 (CGSE):AA 類 194 號行員 ***金銀業貿易場只是香港本地的黃金「行業協會」,非政府官方監管機構。行員可以合法提供對賭(做市商)盤,且貿易場不具備對客戶虧損強制賠付的法律權力。*** 香港海關牌照(反洗錢登記) *** 持有香港海關貴金屬及寶石交易商 A 類註冊(註冊號:A-B-23-07-00744)。此牌照僅用於監督其黃金實貨與資金進出是否符合「防洗錢」條例,完全不監管任何網上保證金交易、不監管操縱點差、不監管不合理滑價.*** 希望各位小心!
我在明德金融(MTF)交易時感覺到明顯的訂單執行延遲(Latency/Delay), 估計是做市商(B-Book)模式,也就是平台自己與客戶做對手盤(你賺平台虧,你虧平台賺). 如在美國非農/CPI 公佈時滑價超過$10, 是非常典型的對賭平台(B-Book)惡意拉大點差、卡訂單、收割客戶短線利潤的後台操作. 而試過幾次公佈數據時賺錢, 其後就收到明德的 WhatsApp 通知, 數據公佈日價格波動大要小心, 跟著的在數據公佈日的滑價就越來越大, 現在已冇玩明德, 所以講講經驗. 翻查資料, 香港金銀業貿易場 (CGSE):AA 類 194 號行員 ***金銀業貿易場只是香港本地的黃金「行業協會」,非政府官方監管機構。行員可以合法提供對賭(做市商)盤,且貿易場不具備對客戶虧損強制賠付的法律權力。*** 香港海關牌照(反洗錢登記) *** 持有香港海關貴金屬及寶石交易商 A 類註冊(註冊號:A-B-23-07-00744)。此牌照僅用於監督其黃金實貨與資金進出是否符合「防洗錢」條例,完全不監管任何網上保證金交易、不監管操縱點差、不監管不合理滑價.*** 希望各位小心!
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2026-09-24 08:58
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FX4046951832
more than one year
限定平仓时间,让盈利的账户说成亏损。无故停止交易不让出金。连代理佣金都不给。
限定平仓时间,让盈利的账户说成亏损。无故停止交易不让出金。连代理佣金都不给。
Translate to English
2026-01-23 11:14
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