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MSFG

Operating status: SCAM

Website: http://www.msfgbullion.com/

Broker violations and abnormal records
  • Jun 27, 2022 Brokersview has Reviewed that MSFG is an Unregulated Forex Broker

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

    MSFG also claims to be a Seychelles-based entity. We searched the Seychelles Financial Services Authority (Seychelles FSA) but found no matchng result. What's more, downloading MGFG's MT4 platform software, we found the software belongs to a broker named AGX Forex Ltd, which is also a scam broker. 

    The truth is that MSFG is not regulated by any regulators. Letting this broker hold or control investor's money is unsafe and the money can not be protected by any laws. Therefore, it is a scam. 

    MSFG claims to be a fully regulated broker without presenting any details of its regulation. The lack of such important information may be a distinct signal of unlicensed broker, as regulated brokers always present their accreditations and lincenses in a prominent position. It is a red flag. MSFG also claims to be a Seychelles-based entity. We searched the Seychelles Financial Services Authority (Seychelles FSA) but found no matchng result. What's more, downloading MGFG's MT4 platform software, we found the software belongs to a broker named AGX Forex Ltd, which is also a scam broker. The truth is that MSFG is not regulated by any regulators. Letting this broker hold or control investor's money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.

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