Score

1.15 /10
Danger

MICIG

Canada

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index4.25

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

MICIG · Company summary
MICIG Review Summary
Registered Country/RegionCanada
RegulationUnregulated
Market InstrumentsForex, Commodity, Options, DeFi Pool
Demo AccountUnavailable
LeverageN/A
SpreadN/A
Trading PlatformMICIG platform app
Minimum DepositN/A
Customer SupportAddress: 66 Wellington St W, Toronto, ON M5J 2W4 Canada
Live chat

What is MICIG?

MICIG is an unregulated financial services provider offering trading opportunities in various markets, including Forex, commodities, options, and DeFi pools. The company provides a trading platform app for clients to execute trades and manage their portfolios, along with customer service channels such as live chat and a physical address in Toronto, Canada.

MICIG's homepage

Pros & Cons

ProsCons
  • Multiple Market Instruments
  • No Regulation
  • Multiple Customer Support Channels

Pros:

  • Multiple Market Instruments: The platform offers diverse Market Instruments, including Forex, Commodity, Options, and DeFi Pool, catering to various trading needs and experience levels.
  • Multiple Customer Support Channels: MICIG provides various customer support channels including address and live chat, enhancing accessibility and assistance for clients.

Cons:

  • No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency.

Is MICIG Legit or a Scam?

MICIG currently lacks valid regulation.

Market Instruments

MICIG provides a comprehensive array of trading instruments to cater to the diverse needs and preferences of its clients. Traders can engage in Forex trading, speculating on the exchange rates of major and minor currency pairs to capitalize on market fluctuations.

Forex

Additionally, MICIG offers trading in commodities, allowing investors to trade precious metals, energy products, agricultural goods, and more.

Commodities

Furthermore, traders can explore options trading, enabling them to take advantage of various strategies to hedge risk or seek profit opportunities.

Options

With the inclusion of DeFi pools, MICIG also caters to clients interested in the emerging field of decentralized finance, offering opportunities to participate in decentralized lending, borrowing, and liquidity provision protocols.

DeFi pools

How to Open an Account?

  • Step 1: Click the button ''Logup'' on the homepage.
Click the button ''Logup''
  • Step 2: Follow the on-screen instructions to input your personal and contact details.
  • Step 3: Click on the ''Logup'' option to finalize the creation of your account.
Click on the ''Logup'' option

Trading Platform

MICIG provides its clients with access to the MICIG platform app, offering a user-friendly and feature-rich environment for trading activities. This platform is designed to cater to the diverse needs of traders, combining advanced trading tools with intuitive navigation to enhance the overall trading experience.

MICIG platform app

Customer Service

MICIG prioritizes customer satisfaction by offering accessible and reliable customer service channels. Clients can reach out to MICIG's support team through various means, including live chat for instant assistance and resolution of queries. Additionally, for more complex inquiries or assistance, clients can visit MICIG's physical address located at 66 Wellington St W, Toronto, ON M5J 2W4 Canada.

Frequently Asked Questions (FAQs)

Is MICIG regulated?
No. It has been verified that this broker currently has no valid regulation.
Does MICIG offer demo accounts?
No.
What financial instruments can I trade with MICIG?
Forex, Commodity, Options, and DeFi Pool.
Does MICIG offer industry-leading MT4 & MT5?
No. Instead, it offers MICIG platform app.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital.

User Reviews

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User comment

2

Comments

Write a review

Wender
more than one year
Ever since I started using this broker trading has been easy and fully enjoyable...I actually shifted from the previous broker to this one and withdrawals/deposits are instant.
Ever since I started using this broker trading has been easy and fully enjoyable...I actually shifted from the previous broker to this one and withdrawals/deposits are instant.
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2024-07-16 18:46
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Jose Antonio Ramirez
more than one year
MICIG's platform is user-friendly enough, but it could use a design update. Execution is reliable, just not the fastest. The customer support is decent, but there's room for improvement.
MICIG's platform is user-friendly enough, but it could use a design update. Execution is reliable, just not the fastest. The customer support is decent, but there's room for improvement.
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2024-05-29 14:01
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