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Regarding the legitimacy of MagnaSale forex brokers, it provides a comprehensive investigation into the security aspects of regulatory CYSEC, and WikiBit, as well as whether there are any negative scam reviews.
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Is MagnaSale safe?
The regulatory license is the strongest proof.
CYSEC Market Making(MM) 19
Cyprus Securities and Exchange Commission
Cyprus Securities and Exchange Commission
Regulatory Agencies Introduction
Current Status:
RegulatedLicense Type:
Market Making(MM)
Licensed Institution:
Magnasale Trading Ltd
Effective Date:
2015-01-07Email Address of Licensed Institution:
info@maganasaleltd.comSharing Status:
No SharingWebsite of Licensed Institution:
http://magnasaleltd.com/， https://liquidity.finalto.com/eu/Expiration Time:
--Address of Licensed Institution:
Στροβόλου 148, 4ος Όροφος, Στρόβολος, 2048 Λευκωσία， Strovolou 148, Strovolos, 2048, Nicosia, Cyprus.Phone Number of Licensed Institution:
35722232181Licensed Institution Certified Documents:
Legitimacy of similar brokers
MagnaSale's latest industry rating score is 6.24, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. MagnaSale
If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.