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MG Group Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.mibd-gold..., the company's legitimate regulatory information Hong KongHKGXPrecious Metals Trading (AGN) to enhance the security of the company's address 18F, MG Tower, No.133 Hoi Bun Road, Kwun Tong, Hong Kong(MTR Kwun Tong line: Ngau Tau Kok Station exit B6)

MG Group Forex Broker

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MG Group

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Company Summary

Basic Information & Regulation MIBD Group is a diversified enterprise with nearly 20 years of history. The Group's business mainly includes real estate development and operation management, property investment and leasing, financial investment services, and consultancy management. In terms of finance, MJF International Fund Limited was established in 2007, and MIBD-Gold has developed into a one-stop global financial supermarket for “gold, stocks, futures, foreign exchange, capital, insurance, banking, and loans” and obtained a Class AA license from the Chinese Gold and Silver Exchange in Hong Kong in 2008 (Membership No. 023), to carry out the business of physical gold recovery, approved delivery of gold bars, foundry, warehousing, trading of physical gold bars, global distribution and agency for gold and silver coins. Products & Services MIBD International Bullion Limited was established in 2007 and acquired its license as a member of the Gold and Silver Exchange Society and Gold Group from RNA Holdings Limited, a former listed company on the Stock Exchange of Hong Kong. After more than a year of negotiation and processing by various authorities, MIBD was successfully approved and acquired the relevant license on August 5, 2008, to become an approved precious metal dealer so as to carry out the business of physical gold recovery, approved the delivery of gold bars casting, foundry casting, warehousing, physical gold bars trading, global distribution and agent of gold and silver coin products of various countries. Account Types There is no fee for investors to open an account with MIBD, and there is no minimum capital requirement for new accounts with a zero threshold. MIBD also provides free demo accounts for investors, who can apply for registration through the client installed on PC computers or mobile phones/tablets. The demo account and the real account of the same trading platform will use the same software, see the precious metal quotes and carry out exactly the same mode of operation. Demo accounts are not allowed to use the telephone system for trading. Margin Requirement The account effective must more than US$3,000 per lot, otherwise the open positions will be locked or setted at the closing prices. Spreads & Commissions MIBD offers floating spreads on gold and silver trading, with a commission (open trade) of US$0 to US$50 per lot. Trading Platforms MIBD provides traders with the most popular MT4 trading platform in the world. The technical indicators in the trading platform allow analyzing the quotes of the market currency pairs, as well as allowing MQL4 to create and use automated trading strategies. MT4 allows traders to use technical indicators and graphical objects for trading and analyzing the precious metals trading market. Thus, MT4 is one of the best trading platforms for precious metals, supporting multiple platforms. Traders can download MT4 on their iPhone and iPad and trade precious metals anytime, anywhere. Deposit and Withdrawal MIBD supports online deposits and withdrawals for traders and generally does not charge a fee for deposits and withdrawals, but a flat fee of $3 will be charged if a client makes a single withdrawal of less than $50. Customer Support If clients have any inquiries or trading-related issues can get in touch with MIBD through the following contact channels: Telephone: +852 3750 8889 Email: cs@mibd-gold.com Registered Company Address: 18F, MG Tower, No.133 Hoi Bun Road, Kwun Tong, Hong Kong(MTR Kwun Tong line: Ngau Tau Kok Station exit B6) Pros & Cons Pros Cons CGSE-regulated Withdrawal less than $50 charging a flat fee of $3 No minimum deposit requirement for new accounts High margin requirement Demo accounts available High trading commissions Free deposits and withdrawals A series of professional services on gold and silver provided MT4 trading platform Frequently Asked Questions What products and services does MIBD have on offer? MIBD provides services such as delivery of gold bars casting, foundry casting, warehousing, physical gold bars trading, global distribution and agent of gold and silver coin products of various countries. What is the minimum depsoit I need to trade with MIBD? There is no minimum deposit requirement to trade with MIBD. What trading platform does MIBD offer? MIBD offers its clients the industry leading MT4 trading platform.
How to login to MG Group?

MG Group Similar Brokers

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Pros
Regulated by the Chinese Gold & Silver Exchange Society, providing a level of trust and security for traders.
Utilizes the widely recognized MetaTrader 4 platform, which offers extensive customization and a variety of trading tools.
Offers a range of financial instruments, including forex and CFDs, catering to diverse trading preferences.
Cons
Limited customer support options and potential delays in response times, which may affect traders needing immediate assistance.
Lacks advanced security features such as two-step login and biometric authentication, making accounts potentially vulnerable.
Negative reviews and complaints regarding withdrawal issues raise concerns about the reliability and integrity of the platform.

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
Marigold International Bullion Dealers Limited
Abbreviation
MG Group
Company employee
--
Customer Service Email Address
info@mibd-gold.com
Contact Number
+85237508888
Company Address
18F, MG Tower, No.133 Hoi Bun Road, Kwun Tong, Hong Kong(MTR Kwun Tong line: Ngau Tau Kok Station exit B6)
QQ
4008228023
How to login to MG Group?
MIBD Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a MIBD Account Registering for a MIBD account is the first step to accessing its trading platform. Follow these detailed steps to successfully complete the registration process: Step 1: Accessing the Registration Page Begin by visiting the official MIBD website at www.mibd-gold.com. Look for the “Register” or “Sign Up” button, typically located at the top right corner of the homepage. Click on this button to access the registration page. Step 2: Filling in Required Information On the registration page, you will be prompted to fill in personal details. This typically includes: Full name Email address Phone number Desired username and password Ensure that the information is accurate, as it will be used for account verification and future logins. Step 3: Email/Phone Verification After submitting your information, MIBD will send a verification link to your email or a code to your phone. Click the link or enter the code to confirm your contact details. This step is crucial to ensure the security of your account. Step 4: Identity Verification (If Required) Depending on your region and the type of account you wish to open, MIBD may require additional identity verification. Prepare to submit identification documents such as a government-issued ID or proof of residence. This is to comply with regulatory requirements and safeguard your account. Step 5: Registration Confirmation Once all the required information is verified, you will receive a confirmation email indicating that your registration is complete. You can now proceed to log in to your MIBD account. Common Registration Issues and Solutions Verification Email Not Received: Check your spam or junk folder. If still not found, request a new verification email. Invalid Information Error: Double-check the details entered during registration. Ensure all fields are filled correctly. Identity Verification Delays: If your verification documents are not processed, contact MIBD customer support for assistance. Regional Differences in Registration While the registration process is generally uniform, certain regions may have specific requirements regarding identity verification or documentation. Always check local regulations or MIBD's website for any regional-specific guidelines. Part Two: MIBD Account Opening Detailed Guide Understanding the Difference Between Registration and Account Opening While registration involves creating a user account on the MIBD platform, account opening refers to the process of setting up a trading account, which may include selecting account types and submitting documents. Preparation Work Before Account Opening Before opening an account, gather the following documents: Proof of identity (passport or ID card) Proof of address (utility bill or bank statement) Any additional documents required based on your region Detailed Account Opening Steps Step 1: Selecting Account Type Visit the MIBD account opening section and review the different account types available. MIBD typically offers various accounts that may cater to different trading needs, such as demo accounts for practice or live accounts for actual trading. Step 2: Submitting Required Documents Prepare and upload the necessary documents as outlined during the account selection process. This may include identification and proof of address. Ensure that all documents are clear and legible to avoid delays. Step 3: Account Review Process Once submitted, MIBD will review your application and documents. This process may take anywhere from a few hours to several days, depending on the volume of applications and the thoroughness of your submitted documents. Step 4: Account Activation Upon successful review, you will receive an email confirming the activation of your trading account. This email will also provide details on how to log in and start trading. Step 5: Initial Setup After activation, log in to your MIBD account and complete any additional setup required. This may include setting up security features, funding your account, and customizing your trading preferences. Frequently Asked Questions About Account Opening What is the minimum deposit required? MIBD does not impose a minimum deposit requirement for new accounts. How long does the account opening process take? Typically, it can take a few hours to several days, depending on the verification process. Can I open multiple accounts? Yes, you can open multiple accounts based on your trading needs, but ensure to comply with MIBD's policies. Next Steps After Opening an Account Once your account is open, familiarize yourself with the trading platform, explore educational resources, and consider practicing with a demo account before trading with real funds. Part Three: MIBD Login Process Explained Basic Web Login Process Logging into your MIBD account is straightforward. Follow these steps: Step 1: Visit the MIBD Website Go to the MIBD official website and look for the “Login” button, usually located at the top right corner. Step 2: Enter Your Credentials Input your registered username and password in the provided fields. Ensure that your credentials are entered correctly to avoid login issues. Step 3: Complete Any Additional Security Steps If prompted, complete any additional security verification steps, such as CAPTCHA or two-factor authentication, to enhance your account security. Step 4: Access Your Account Once your credentials are verified, you will be logged into your MIBD account. You can now access trading features, account settings, and more. Step 5: Logout Securely Always remember to log out of your account, especially when using public or shared devices, to protect your account from unauthorized access. Mobile App Login Process If you are using the MIBD mobile app, the login process is similar: Open the app on your device. Enter your username and password. Complete any security verification. Access your account. Common Login Issues and Solutions Forgotten Password: Use the “Forgot Password?” link on the login page to reset your password. Follow the instructions sent to your registered email. Account Lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Contact customer support for assistance. Technical Issues: If you encounter technical problems, clear your browser cache or try accessing your account from a different browser or device. Overview of Features After Login Once logged in, you can access various features, including: Trading dashboard Account management tools Market analysis and research resources Customer support options Additional Sections Account Security Recommendations Use strong, unique passwords and change them regularly. Enable two-factor authentication if available. Regularly monitor your account activity for any unauthorized transactions. Best Practices for Account Management Keep your contact information updated to receive important notifications. Regularly review your trading strategies and account settings. Utilize demo accounts to practice and refine your trading skills without financial risk. How to Get Technical Support For any technical issues or inquiries, you can contact MIBD customer support via: Phone: +852 3750 8889 Email: cs@mibd-gold.com Live chat options on the MIBD website. Conclusion This comprehensive guide has outlined the essential steps for MIBD registration, account opening, and login processes. By following these instructions, you can smoothly navigate the setup of your MIBD account and begin your trading journey. For further assistance, always refer to the MIBD official website or contact their support team for help.

MIBD Forex Broker - Complete Information Guide

1. Broker Overview

MIBD, formally known as MIBD International Bullion Limited, was established in 2007. The company is headquartered at 18th Floor, MG Tower, No. 133 Hoi Bun Road, Kwun Tong, Hong Kong. MIBD operates as a private entity and has gained a reputation in the financial markets, especially within the forex and CFD trading sectors.

The broker primarily serves a global clientele, focusing on retail traders and institutional clients. Over the years, MIBD has established itself as a reliable platform for trading various financial instruments, including forex, commodities, and contracts for difference (CFDs). The company's development history includes obtaining a Type AA license from the Chinese Gold & Silver Exchange Society (CGSE), allowing it to engage in precious metals trading and other financial services.

MIBD has undergone several milestones since its inception, including the launch of its trading platform and the expansion of its service offerings to meet the evolving needs of its clients. The business model of MIBD encompasses both retail forex trading and institutional services, catering to a diverse range of traders looking for different trading solutions.

2. Regulatory and Compliance Information

MIBD operates under the regulation of the Chinese Gold & Silver Exchange Society (CGSE), which is a recognized regulatory body in Hong Kong. The regulatory license number assigned to MIBD is 023, confirming its compliance with local laws and regulations. The license is valid and covers the trading of various financial instruments, ensuring that MIBD adheres to the necessary standards for investor protection and market integrity.

In addition to its main regulatory body, MIBD implements strict measures for client fund protection, including the segregation of client funds to ensure safety during trading activities. The broker participates in investor compensation schemes, providing an additional layer of security for its clients.

MIBD is committed to maintaining compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to provide identification and verification documents to prevent fraudulent activities and ensure a secure trading environment.

3. Trading Products and Services

MIBD offers a wide range of trading products, making it a versatile choice for traders. The broker provides access to numerous forex currency pairs, including major, minor, and exotic pairs, catering to a diverse trading strategy. The platform supports trading in CFDs on various assets, including indices, commodities, stocks, and cryptocurrencies.

The broker frequently updates its product offerings to include new instruments, ensuring that traders have access to the latest market opportunities. MIBD also provides specialized services for retail and institutional clients, including tailored trading solutions and white-label services for businesses looking to enter the trading market.

Additionally, MIBD offers asset management services, allowing clients to leverage the expertise of experienced traders to manage their investment portfolios effectively. This comprehensive range of products and services positions MIBD as a competitive player in the forex brokerage landscape.

4. Trading Platforms and Technology

MIBD utilizes the MetaTrader 4 (MT4) trading platform, which is widely recognized for its user-friendly interface and robust trading capabilities. The MT4 platform supports various trading styles, including scalping, day trading, and swing trading, making it suitable for traders of all experience levels.

The broker does not have its own proprietary trading platform; instead, it relies on the established features of MT4, which includes advanced charting tools, technical indicators, and automated trading options through Expert Advisors (EAs). MIBD also offers a web-based trading platform, allowing traders to access their accounts from any device with internet connectivity.

Mobile trading is supported on both iOS and Android devices, enabling clients to trade on the go. MIBD ensures that its trading infrastructure is robust, with servers located in Hong Kong, providing low latency and high-speed execution for trades. The broker also supports API access for automated trading, catering to clients who prefer algorithmic trading strategies.

5. Account Types and Trading Conditions

MIBD offers a variety of account types designed to meet the needs of different traders. The standard account conditions include no minimum deposit requirement, making it accessible for new traders. The broker provides floating spreads on various instruments, with competitive commission structures ranging from $0 to $50 per lot depending on the trading volume.

For advanced traders, MIBD offers specialized accounts, including VIP and professional accounts, which come with enhanced features and lower trading costs. The broker also provides Islamic accounts for clients who require Sharia-compliant trading options.

MIBD allows traders to use leverage, although the specific leverage ratios are not publicly disclosed. The minimum trade size is typically set at 1 lot, and the broker applies overnight fees based on the positions held after trading hours.

6. Fund Management

MIBD supports various deposit methods, including bank transfers, credit cards, and electronic wallets, providing flexibility for clients to manage their funds. There is no minimum deposit requirement for account opening, making it easier for traders to start trading with minimal capital.

The processing time for deposits is generally swift, often completed within a few hours, while withdrawals may take longer, depending on the method used. MIBD does not charge fees for deposits, but a flat fee of $3 applies to withdrawals of less than $50.

Withdrawals are processed through the same methods as deposits, and clients can expect their requests to be handled efficiently, although specific withdrawal limits may apply based on the account type.

7. Customer Support and Educational Resources

MIBD provides customer support through multiple channels, including telephone, email, and online chat. The support team is available during business hours, and while they do not offer 24/7 support, they strive to respond promptly to client inquiries.

The broker supports multiple languages, ensuring that clients from diverse backgrounds can access assistance in their preferred language. MIBD also offers a range of educational resources, including webinars, tutorials, and eBooks, to help traders enhance their knowledge and skills.

Market analysis services are provided, featuring daily updates, news, and research reports to keep clients informed about market trends. Additionally, MIBD offers various trading tools, including calculators and economic calendars, to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

MIBD primarily serves clients in Hong Kong and has a significant presence in Japan, with marketing efforts focused on these regions. The broker has established regional offices to support its operations and enhance client service.

However, MIBD does not accept clients from certain countries due to regulatory restrictions, ensuring compliance with international trading laws. The specific countries where MIBD does not operate are not publicly disclosed, but the broker emphasizes its commitment to adhering to all relevant legal requirements.

In summary, MIBD is a well-established forex broker offering a comprehensive range of trading products and services. With a focus on regulatory compliance, robust trading platforms, and customer support, MIBD aims to provide a secure and efficient trading environment for its clients.

Latest Reviews

FX1119901280

FX1119901280

Hong Kong

The livestreaming room, http://ht.cjchat.cn/, which was called Jiumei International, then Huitong International and now MIBD. The trading APP name is Wan Zhaofeng, with teacher Gu Seng, Du Xing, Wu Ming,Wen Xi, Jin Zhan, Jun Yang, Jing Xin and so on. They claimed that they cooperated with Hong Kong Future Company Limited and kept changing the depositing account, saying that the amount has been used up.The customer service asked me to add fund, boasting high incomes and fund security. When I applied for the withdrawal in April, it held off with the excuse of covid-19. They said that as long as I paid a margin, I could withdraw in advance. What’s the line? One can have a try whether it is legit.

Exposure

2020-04-20

FX3639864874

FX3639864874

Hong Kong

I trading accounts in 311788, one begins to be induced to open an account in the platform the salesman gold operation, as a result they so-called violations guidance teacher, malicious shout single, lead to my serious losses, I later I went to check my withdraw flow, i found that money is all in some individual account, and not through a third party bank managed to reach the international market, so this platform is at the fraud platform, i don't know why they score is so high, investors friends be caution!,don't let your hard-earned cash to be they cheat !

Exposure

2019-03-26

马林

马林

Australia

MIBD does not offer 24/7 customer support, so sometimes I find their responses a bit slow.

Positive

2023-03-01

FX1146630020

FX1146630020

Taiwan

To be honest I was going to deal with this company, it looked good, but then I saw some people on wikifx saying it was a scam! Even if only one person said it was a scam, I wouldn't trade with it just to be on the safe side...safety first!

37130

2022-12-13

God37795

God37795

South Africa

A reliable platform to trade gold and silver, I have been using it for many years. Pricing on this platform is quite transparent and its customer support is helpful. I gave it five stars⭐⭐⭐⭐⭐

Positive

2022-11-28

MG Group Forex Broker has an overall rating of 6.57, Regulatory Index 7.15, License Index 6.95, Business Index 7.83, Software Index 9.26 Risk Control Index 0.00.