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MAGNAFG Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-08 19:11

Abstract: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.

  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.

Related broker

No Regulation
MAGNAFG
Company name:Magna Financial Group LTD
Score
1.29
Website:https://magnafg.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.29

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