The Official Website Of MSFG Cannot Be Accessed Normally At The Moment. It Seems That The Company Has Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-06-28 We Have Confirmed After Review That MSFG Is An Unregulated Forex Broker
MSFG Claims To Be A Fully Regulated Broker, But Does Not Provide Any Regulatory Details. The Lack Of Such Important Information May Be A Clear Signal For Unlicensed Traders, As Regulated Traders Always Display Their Certifications And Operating Licenses In A Prominent Position. This Is A Red Flag.
MSFG Also Claims That Its Company Is Located In The Seychelles. But We Did Not Find A Match With The Broker In The Seychelles Financial Services Authority (Seychelles FSA). More Importantly, Downloading The MT4 Platform Software Available In The MGFG Webpage, We Found That The Software Actually Belongs To A Broker Called AGX Forex Ltd, Which Is Also A Fake Trader.
So The Truth Is, MSFG Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Trader Hold Or Control Investor Funds, And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Since It Is Not Possible To Access The Broker's Website At This Time, We Are Also Unable To Obtain More And More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That MSFG Does Not Currently Have Any Valid Licenses.
But Most Brokers That Are Not Compliant Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: MSFG As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, They Are Likely To Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
