MG Forex Broker

MG Review Summary Founded2001 Registered Country/RegionHong Kong RegulationSuspicious Clone CGSE License Market InstrumentsPrecious metals Demo AccountNot Mentioned LeverageNot Mentioned Trading PlatformNot Mentioned Min DepositNot Mentioned Customer SupportContact form Phone: (852) 3998 4916 Email: account@mgmetals.com.hk MG is a financial provider in Hong Kong with a suspicious fake clone license. Their core businesses include a variety of financial services, real estate, entertainment, publishing, arts and cultures, education and training, multimedia, and environmental protection. Its subsidiary company, Marigold International Bullion Dealers Limited, primarily serves as a precious metal dealer.Pros & Cons ProsCons Specialized in Metal DealingSuspicious Clone License Unclear Trading ConditionsIs MG Legit? MG is not a legiable company since its license is suspected to be a fake clone. Regulatory Status Suspicious Clone Regulated by The Chinese Gold & Silver Exchange Society Licensed Institution 萬兆豐國際金業有限公司 Licensed TypeType AA License Licensed Number023What Can I Trade on MG? Being a precious metal dealer. You can trade metals like gold and silver on MG. Trading AssetAvailable forex❌ metals✔ commodities❌ indices❌ energies❌ stocks /shares❌ cryptocurrencies❌ options❌ funds❌ ETFs❌Trading Platform Trading PlatformSupported Available Devices Suitable for EZgold✔Mobile (iOS, Android)Beginner MT4❌Desktop, Mobile, WebBeginner MT5❌Desktop, Mobile, WebExperienced trader Trading View❌Desktop, Mobile, Tablets, Web BrowsersBeginnerDeposit & Withdrawal MG offers an upcoming payment app called MGPay for the traders on their platform. However, further details about this app are not provided.Customer Service MG provides contact channels including contact form, phone, email, and company address. The website shows that they also have social media, but the links direct you back to the company website instead of the social media page. MG's customer service is open from Monday to Sunday. During working days, the service is available from 8:00 am to 8:00 pm. On Saturday, the service is available from 9:00 am to 7:00 pm. On Sunday, the service is available from 9:00 am to 9:00 pm. Contact ChannelDetails Contact form (852) 3998 4916 account@mgmetals.com.hk Unit F, 18F, MG Tower, 133 Hoi Bun Road, Kwun Tong, Kowloon, Hong KongQ&A Is MG regulated? No. MG's license is suspected to be a fake clone. Is MG safe? MG is not safe since MG is not a regulated platform. Is MG a good broker for beginners? No. Beginners should preferably choose a reputable and well-regulated platform.Risk Warning Online trading involves significant risk. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.