Magnum Trade

Magnum Trade is recorded on the SARFund database as a reported fake forex broker. The case is currently in pending disbursement and has been assigned for coordination with the verified recovery firm coordinating this case.

The reports cluster around three operational signatures: the platform required upfront deposits routed through obscure custodial wallets, blocked withdrawal requests, and demanded “tax” or “verification” fees before withdrawal. SARFund treats this combination as sufficient grounds to maintain an active case file pending recovery action.

Channels through which Magnum Trade has been reported include direct victim submissions through SARFund, TrustPilot complaints, and Google Search complaints. SARFund cross-references new submissions against existing reports before adding evidence to the case file.

What evidence helps most

Transaction hashes (the on-chain proof of your deposit), screenshots of the broker dashboard, KYC documents you submitted, and full conversation history with any account manager. These four pieces let the partner build a defensible chain of custody.

Why the recovery partner is masked

Listing the partner publicly creates two problems: it tips off perpetrators, who then accelerate fund-laundering, and it invites recovery-scam impersonators to clone the partner brand. Both happen often enough that masking is the only defensible default.

If you deposited with Magnum Trade, your case may already be on file. Submit your evidence to be matched and connected privately with the recovery team handling this matter.

SARFund does not guarantee recovery. All recovery actions are conducted by independent partners. Submission is free. SARFund is an intermediary case registry, not a recovery firm.