The Official Website Of MIC Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2022-06-27 We Have Confirmed After Review That MIC Is An Unregulated Foreign Exchange Dealer
MIC Is Not A Reliable Broker For Traders, Even Though It Claims That The Quotes It Offers To Its Clients Look Good. MIC Claims To Be Registered In Hong Kong. However, We Have Not Found Any Results Matching MIC In The Hong Kong Regulator, The Securities And Futures Commission (HK SFC). This Means That MIC Is Not Authorized To Operate In Hong Kong.
In Addition, MIC Claims To Have Branches In The Chinese Mainland And The United States. According To The Information We Have, The Chinese Mainland Does Not Have Any Regulators That Issue Foreign Exchange Trading Business Licenses Or Regulate Foreign Exchange Activities. At The Same Time, We Did Not Find Any Results Matching MIC In The US Regulator, The National Futures Association (NFA). This Means That MIC Is Not Regulated By Any Regulators. Investors' Funds Invested In This Trader Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
Since It Is Not Possible To Access This 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 MIC Has Not Obtained Any Valid License At Present.
But Most Brokers That Are Not Compliant Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Number Or Company Address.
Note: MIC 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.
