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MG Falconer

Operating status: SCAM

Website: https://mgfalconer-sc.com/default.html

Broker violations and abnormal records
  • Jun 23, 2022 Brokersview has Reviewed that MG Falconer is an Unregulated Forex Broker

    MG Falconer claims to be a reliable broker without presenting any details of its regulation. The lack of such important information is a distinct signal of unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    MG Falconer also claims to be a Seychelles-based firm, so we searched the Seychelles Financial Services Authority (Seychelles FSA). However, we did not find any regulatory information about MG Falconer from Seychelles FSA. Thats means MG Falconer is not regulated by any regulators. 

    Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

    MG Falconer claims to be a reliable broker without presenting any details of its regulation. The lack of such important information is a distinct signal of unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. MG Falconer also claims to be a Seychelles-based firm, so we searched the Seychelles Financial Services Authority (Seychelles FSA). However, we did not find any regulatory information about MG Falconer from Seychelles FSA. Thats means MG Falconer is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

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