Score
MBG Markets
Australia|2-5 years| https://www.mbgmarketsltd.com/En/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
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Website
mbgmarketsltd.com
Server Location
Hong Kong
Website Domain Name
mbgmarketsltd.com
Server IP
116.213.40.205
Company Summary
Note: MBG Markets's official website: https://www.mbgmarketsltd.com/En/ is normally inaccessible.
MBG Markets Information
MBG Markets is an unregulated brokerage company registered in Australia. It has experience in finance, securities, foreign exchange, and precious metals trading. While the broker's official website has been closed, so traders cannot obtain more security information.
Is MBG Markets Legit?
MBG Markets is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.
After a Whois query, we found that this company's domain name is for sale, which shows that it has not registered it securely.
Downsides of MBG Markets
- Unavailable Website
MBG Markets's website is inaccessible, raising concerns about its reliability and accessibility.
- Lack of Transparency
Since MBG Markets does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.
- Regulatory Concerns
MBG Markets is not regulated, which is less safe than a regulated one.
- Withdrawal Difficulty
According to a report on WikiFX, a few users encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.
Negative MBG Markets Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
Currently, there are 5 MBG Markets exposure in total.
Exposure. Cannot withdraw
| Classification | Unable to Withdraw |
| Date | 2020-2021 |
| Post Country | Singapore/Taiwan/United States |
You may visit: https://www.wikifx.com/en/comments/detail/202101191902492588.html https://www.wikifx.com/en/comments/detail/202101194642334804.html.
Conclusion
MBG Markets Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status and unregistered domain name indicate that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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空白7461
Singapore
Withdrawing so much money, but the withdrawal has not arrived in the bank account. I just paid 31% of the custody fee and then paid 15% of the personal income tax before withdrawing the money. Pure scammers, I hope everyone will not be deceived again. They cheated me of money for more than 12,000 US dollars.
Exposure
2021-01-19
FX2176905220
Taiwan
At the last moment when I had to withdraw money, they told me I should pay 18% tax, saying that it was because the trading center declared that I was a local identity, but I was not a local person and I had to pay it, otherwise I would not be able to enter the account. Since it’s okay to help so many people handle withdrawals and deposits, why is it me who have a problem? I paid almost 800,000 Taiwan dollars. Returned my money
Exposure
2021-01-19
空白7461
Singapore
The money is my hard-earned money and some was borrowed from my friends. Individual income tax is deeded after paying custody fee. When can it be ended? Is this contact legal?
Exposure
2021-01-11
空白7461
Singapore
I thought the withdrawal can arrive after paying trusteeship fee. But now tax is needed.
Exposure
2021-01-09
FX3733183497
United States
Unable to withdraw. They said they are the subsidy of MBG. I exposed their lie and they blacklisted me. Do not trust them
Exposure
2020-12-08