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MAGNAFG foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://magnafg.com, about the company's legal and temporary regulatory information, the company's address 5, 8050 Zürich, Switzerland UK Address: 52 Lime St, London EC3M 7AF, Royaume-Uni.

MAGNAFG Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Magna Financial Group LTD
Abbreviation
MAGNAFG
Company employee
--
Contact Number
+447893915366
Company Website
Company address
5, 8050 Zürich, Switzerland UK Address: 52 Lime St, London EC3M 7AF, Royaume-Uni
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

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 7AFMAGNAFG 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.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.Downsides of MAGNAFG Unregulated:MAGNAFG is unregulated, hence it puts clients' funds under danger.High deposit: Many possible clients cannot afford a high minimum deposit.(Minimal is $100,000)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.

Rating Index

Platinum

Minimum Deposit
$100,000 - $499,999

Gold

Minimum Deposit
$25,000 - $99,999
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Latest Reviews

Kurt4741

Kurt4741

United Kingdom

Trading from January last year with satisfactory results. I have been trading with the Magnafg.com broker from Januar 2023. Before coming to this broker it was bit scary start since the verification process took a week after submitting my required documents. However, the customer support guided me about the processes and once my account approved. First month was below expectation since i was learning from other friends. I reached my breakeven in February 2023 since then my account is growing although small but i am happy with the services.

Positive

2024-04-15

Micjad

Micjad

Canada

Patient and professional young man who listens to the clients needs. I have been in other 1 month now, all my withdrawal requests have been paid. All I have shelled out is $250 and have made that back many times over. Excellent, authentic business giving people an extraordinary return!

Positive

2023-12-13

MAGNAFG Forex Broker has an overall rating of 1.28, Regulatory Index 0.00, License Index 0.00, Business Index 5.23, Software Index 4.00 Risk Control Index 0.00.