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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

MigaFx

The Virgin Islands|2-5 years|
Suspicious Regulatory License|High potential risk|

https://www.migafx.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

United States 2.53

Surpassed 14.90% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

support@migafx.com
https://www.migafx.com/
⦁ Vistra Corporate Services Centre, Wickhams Cay II, Road Town Tortola, VG1110, British Virgin Islands
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

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Company Name

Miga Markets International

Abbreviation

MigaFx

Platform registered country and region

The Virgin Islands

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 5
Previous Detection : 2024-11-10
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

MigaFx · WikiFX Survey

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Review 9

9 Comments
Write a comment
All(9) Latest Exposure(9)
Exposure
Cannot open the backend website. The boss of MigaFX is absconded with fund.
A fraud platform that can only deposit but not withdraw. MigaFX took the company registration certificate and pretended to be a supervision certificate, but there was no supervision, because the information of the Virgin Islands company is strictly confidential, and no one can check it. This is why these scammers chose the Virgin Islands registered company. The reason for this is that there is no supervision, which means that no one will check the company's bank account, and the broker can have the authority to the MT5 server backend, and can forge and modify the transaction data of all accounts (the broker is the project party's own), There is no capital to support it. This fund is managed by Xu Zhibao, a GRM shareholder who has run away before. Guilin Panling is the main push. After GRM ran away, the two of them started Tianzhu Qihui together. It was originally called Miga, and the official domain name is also migafx. .com, I don't know why it was changed to THFX, which belongs to the three-no foreign exchange project. In addition to encouraging people to re-invest, there are also many attractive bonus systems and various market subsidies. I am afraid that employees will not develop. The purpose It is to encourage members to pull people and funds in, which is a typical feature of fund disks. Here, I hope to unite more deceived people, and actively protect their rights by retaining relevant evidence such as transaction records and communication records. Expose these fraudulent criminal groups and let these fraudulent groups be punished by law.
风云13719
2022-04-27
Exposure
MigaFX is a fraud platform
A fraud platform that can only deposit but not withdraw. MigaFX took the company registration certificate and pretended to be a supervision certificate, but there was no supervision, because the information of the Virgin Islands company is strictly confidential, and no one can check it. This is why these scammers chose the Virgin Islands registered company. The reason for this is that there is no supervision, which means that no one will check the company's bank account, and the broker can have the authority to the MT5 server backend, and can forge and modify the transaction data of all accounts (the broker is the project party's own), There is no capital to support it. This fund is managed by Xu Zhibao, a GRM shareholder who has run away before. Guilin Panling is the main push. After GRM ran away, the two of them started Tianzhu Qihui together. It was originally called Miga, and the official domain name is also migafx. .com, I don't know why it was changed to THFX, which belongs to the three-no foreign exchange project. In addition to encouraging people to re-invest, there are also many attractive bonus systems and various market subsidies. I am afraid that employees will not develop. The purpose It is to encourage members to pull people and funds in, which is a typical feature of fund disks. Here, I hope to unite more deceived people, and actively protect their rights by retaining relevant evidence such as transaction records and communication records. Expose these fraudulent criminal groups and let these fraudulent groups be punished by law.
风云13719
2022-04-27
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consumer hotline:006531290538
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