Global Broker Regulation Inquiry App
WikiFX
Broker Search
English
Download
Home
Broker
Market
Rankings
Regulators
VPS
Live
Community
Exposure
News
Prop Trading
WikiEXPO
Field Survey
Education
Swift Codes
Financial Calendar
Newsletter
Tools
Video
Wiki Q&A

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

MAGNAFG

United Kingdom United Kingdom | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://magnafg.com

Website
Time Machine

Rating Index

Contact

+44 7893915366
https://magnafg.com
5, 8050 Zürich, Switzerland UK Address: 52 Lime St, London EC3M 7AF, Royaume-Uni
Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom United Kingdom
Operating Period
2-5 years
Company Name
Magna Financial Group LTD
Contact Number
+447893915366
Company Website
https://magnafg.com
Company Address
5, 8050 Zürich, Switzerland UK Address: 52 Lime St, London EC3M 7AF, Royaume-Uni
Account
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Disclosure
Comment

Users who viewed MAGNAFG also viewed..

XM

XM

9.10
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
XM
XM
Score
9.10
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Details
Official website
PU Prime

PU Prime

8.44
Score
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
PU Prime
PU Prime
Score
8.44
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Details
Official website
AVATRADE

AVATRADE

9.50
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
AVATRADE
AVATRADE
Score
9.50
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Details
Official website
taurex

taurex

8.37
Score
5-10 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
taurex
taurex
Score
8.37
5-10 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Details
Official website

Website

  • magnafg.com
    172.67.202.192
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Genealogy

vip VIP is not activated.
Please visit the WikiFX App to be our VIP.
Open Now

Relevant Enterprises

MAGNA FINANCIAL GROUP LIMITED(United Kingdom)
United Kingdom
MAGNA FINANCIAL GROUP LIMITED(United Kingdom)
Deregistered
United Kingdom
Registration No. 15289957
Established
Related sources Website Announcement
Employees
JULAIDY RUBIO MARTINEZ
Spain

JULAIDY RUBIO MARTINEZ

Spain

Director

Director

Start date

Status

Employed

MAGNA FINANCIAL GROUP LIMITED(United Kingdom)

MAGNA FINANCIAL GROUP LIMITED(United Kingdom)

Company Summary

Note:MAGNAFG's official website:https://magnafg.com is currently inaccessible normally.

AspectInformation
Company NameMAGNAFG
Registered Country/AreaUnited Kingdom
Founded Year2023
RegulationUnregulated
Minimum Deposit$100,000 - $499,999
Customer SupportPhone:+44 7893915366Address:5, 8050 Zürich, Switzerland UK Address: 52 Lime St, London EC3M 7AF

MAGNAFG Information

Operating from the UK, Magnaforge is an unregulated platform with minimum deposits ranging from $100,000 to $499, 999. For customer service, users may phone +44 7893915. The firm has offices in London, UK and Zurich, Switzerland.

MAGNAFG Information

Is MAGNAFG Legit or a Scam？

Magnafg runs free from any kind of control, hence clients should be aware of the hazards. We think it would be wiser to select a transparent, well regulated broker.

MAGNAFG Information

Downsides of MAGNAFG

  1. Unregulated:MAGNAFG is unregulated, hence it puts clients' funds under danger.
  2. High deposit: Many possible clients cannot afford a high minimum deposit.(Minimal is $100,000)
  3. Lack of openness: The company is not well-known in particular.It could have unfair agreement and hidden costs.

Conclusion

Trading MAGNAGs entails a lot of risk. The large minimum deposit of the company tests many traders' capacity.

Searching for another broker can enable you to have greater dependability and safety in trading.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Disclosure

Danger

FCA Warning List of unauthorised firms MagnaFG

Country/Region

UK FCA

Disclosure time

2024-04-15

Disclose broker

MAGNAFG
Danger

FCA Warning List of unauthorised firms MagnaFG

Country/Region

UK FCA

Disclosure time

2024-04-15

Disclose broker

MAGNAFG

User Reviews 2

All (2) Positive (2)
Kurt4741
Kurt4741
1-2 years
Positive
Satisfactory Trading Journey: From Verification Woes to Steady Growth with Magnafg.com
Trading from January last year with satisfactory results. I have been trading with the Magnafg.com broker from Januar 2023. Before coming to this broker it was bit scary start since the verification process took a week after submitting my required documents. However, the customer support guided me about the processes and once my account approved. First month was below expectation since i was learning from other friends. I reached my breakeven in February 2023 since then my account is growing although small but i am happy with the services.
Positive

United Kingdom
Micjad
Micjad
1-2 years
Positive
Exceptional Returns, Prompt Payouts: $250 Turned into Profits Multiplied
Patient and professional young man who listens to the clients needs. I have been in other 1 month now, all my withdrawal requests have been paid. All I have shelled out is $250 and have made that back many times over. Excellent, authentic business giving people an extraordinary return!

Canada
No more
Write a review
Exposure
Neutral
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
2
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
About Us|Contact Us|Risk Warning|Terms of Use|Privacy Policy|Search call|WikiFX(Enterprise Edition)|Official Verification|WikiEXPO|WikiResearch|VPS Help|Cooperation|Regional Divisions|
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline：006531290538
Official Email：support@wikifx.com；
Mobile Phone Number：234 706 777 7762；61 449895363
Telegram：+60 103342306
Whatsapp：+852-6613 1970；
License or other information error corrections, please send the information to：qawikifx@gmail.com
Cooperation：fxeyevip@gmail.com