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Global Broker Regulation & Inquiry App

Score

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MAGNAFG

United Kingdom|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://magnafg.com

Website

Rating Index

Contact

+44 7893915366
https://magnafg.com
5, 8050 Zürich, Switzerland UK Address: 52 Lime St, London EC3M 7AF, Royaume-Uni

Licenses

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

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
United Kingdom
Operating period
1-2 years
Company Name
Magna Financial Group LTD
Abbreviation
MAGNAFG
Company employee
--
Contact number
00447893915366
Company website
Company address
5, 8050 Zürich, Switzerland UK Address: 52 Lime St, London EC3M 7AF, Royaume-Uni
Keywords 4
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Disclosure
Review

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Official website

Website

  • magnafg.com

    Server Location

    United States

    Website Domain Name

    magnafg.com

    Server IP

    172.67.202.192

Company Summary

Note:MAGNAFG's official website:https://magnafg.com is currently inaccessible normally.

AspectInformation
Company NameMAGNAFG
Registered Country/AreaUnited Kingdom
Founded Year2023
RegulationUnregulated
Minimum Deposit$100,000 - $499,999
Customer SupportPhone:+44 7893915366Address:5, 8050 Zürich, Switzerland UK Address: 52 Lime St, London EC3M 7AF

MAGNAFG Information

Operating from the UK, Magnaforge is an unregulated platform with minimum deposits ranging from $100,000 to $499, 999. For customer service, users may phone +44 7893915. The firm has offices in London, UK and Zurich, Switzerland.

MAGNAFG Information

Is MAGNAFG Legit or a Scam?

Magnafg runs free from any kind of control, hence clients should be aware of the hazards. We think it would be wiser to select a transparent, well regulated broker.

MAGNAFG Information

Downsides of MAGNAFG

  1. Unregulated:MAGNAFG is unregulated, hence it puts clients' funds under danger.
  2. High deposit: Many possible clients cannot afford a high minimum deposit.(Minimal is $100,000)
  3. Lack of openness: The company is not well-known in particular.It could have unfair agreement and hidden costs.

Conclusion

Trading MAGNAGs entails a lot of risk. The large minimum deposit of the company tests many traders' capacity.

Searching for another broker can enable you to have greater dependability and safety in trading.

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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