Score

1.45 /10
Danger

MSC GROUP

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.50

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
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Broker Information

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Company Name

MSC GROUP GLOBAL LIMITED

Company Abbreviation

MSC GROUP

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 428289) claimed by this broker is suspected to be clone. Please be aware of the risk!

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MSC GROUP · Company summary
Aspect Information
Company Name MSC Group Inc
Registered Country/Area United Kingdom
Founded Year 2-5 years
Regulation Currently lacks valid regulation
Minimum Deposit N/A
Maximum Leverage Up to 1:500
Spreads N/A
Trading Platforms MetaTrader4 (MT4)
Tradable Assets Currencies, indices, metals, commodities, stocks
Account Types N/A
Demo Account N/A
Customer Support Email: support@mscgroupglobal.com Online chat available
Deposit & Withdrawal Range of payment methods available, specific details not provided
Educational Resources N/A

Overview of MSC Group

Based in Delaware, USA, MSC Group Inc is an online broker offering a diversified range of trading products, including currencies, indices, metals, and commodities. They provide up to 1:500 leverage and utilize the popular MetaTrader4 (MT4) trading platform. However, it is important to note that MSC Group currently lacks valid regulation, which should be considered when evaluating the potential risks involved in trading with an unregulated broker. While they offer multilingual customer support and a variety of payment methods, educational resources are not currently provided. Traders are advised to seek alternative sources for educational materials and prioritize regulated brokers for enhanced protection of their funds and trading activities.

basic-info

Is MSC Group legit or a scam?

It has been verified that MSC Group currently lacks valid regulation. It is essential to be cautious and aware of the associated risks. The broker's regulatory status is abnormal, with an official designation of “Unauthorized.” Please exercise caution and consider the potential risks involved in trading with an unregulated broker.

Pros and Cons

MSC Group offers a diversified range of tradable instruments and competitive leverage of up to 1:500, along with the availability of the MetaTrader4 (MT4) platform. The broker also provides multilingual customer support and convenient deposit and withdrawal options. However, it is important to note that MSC Group currently lacks valid regulation, and specific details about spreads and commissions, educational resources, and payment methods are not provided.

pros
Pros Cons
Diversified range of tradable instruments Lack of valid regulation
Competitive leverage of up to 1:500 No specific details about spreads and commissions
Availability of MetaTrader4 (MT4) platform Limited educational resources provided
Multilingual customer support Specific details about payment methods not provided
Convenient deposit and withdrawal options

Market Instruments

On the MSC Group platform, you can trade the following financial instruments:

1. Currencies: MSC Group provides access to a wide range of currency pairs, including major, minor, and exotic pairs. These currency pairs allow traders to participate in the forex market and take advantage of fluctuations in exchange rates.

2. Indices: MSC Group offers trading opportunities in various global stock market indices. Popular indices such as the S&P 500, Dow Jones Industrial Average, FTSE 100, and Nikkei 225 are among the options available. Trading indices allows traders to speculate on the overall performance of specific markets or sectors.

3. Metals: Precious metals like gold, silver, platinum, and palladium are available for trading on the MSC Group platform. These metals are known for their value and are often considered as safe-haven assets during times of economic uncertainty.

4. Commodities: Traders can also access a range of commodities on the MSC Group platform, including energy commodities like crude oil and natural gas, agricultural commodities like corn and wheat, and soft commodities like coffee and sugar. Trading commodities allows traders to speculate on the price movements of these essential resources.

5. Stocks: MSC Group provides access to a selection of stocks from global markets. These stocks represent shares of publicly traded companies across various sectors, including technology, finance, healthcare, and more. Trading stocks allows investors to participate in the performance of specific companies and benefit from their price fluctuations.

products

Leverage

MSC Group offers a diversified range of tradable instruments with varying trading leverage. For Forex instruments, the leverage can go up to 1:500, while for indices and commodities, it can reach up to 1:100. Trading leverage can be advantageous as it allows traders to amplify their potential profits with a smaller initial investment. However, it is important to understand that higher leverage also increases the risk of potential losses, as losses are magnified in proportion to the leverage used. Traders should exercise caution and employ risk management strategies when utilizing high leverage to mitigate potential risks.

leverage

Spreads & Commissions

Cedar FX offers a low minimum deposit requirement of $10 to open a trading account, which is in line with what legitimate brokers typically require for a micro account. While this may seem attractive, it is important to note that Cedar FX is currently an unregulated broker. Due to the lack of regulatory oversight, traders are advised to exercise caution and consider the potential risks associated with trading with an unregulated broker. It is recommended to choose regulated brokers that provide additional safeguards and protections for clients' funds and trading activities.

Trading Platform Available

MSC Group offers the widely acclaimed MetaTrader4 (MT4) trading platform, known for its powerful features and extensive capabilities. With MT4, traders can enjoy convenient access to the platform through various channels, ensuring flexibility and ease of use. The user-friendly interface of MT4 makes it accessible to traders of all experience levels, including novice traders. One of the standout features of MT4 is its advanced charting capabilities, allowing traders to analyze market trends and make informed trading decisions. Furthermore, MT4 is designed to support multiple markets, enabling traders to access a wide range of financial instruments. The platform also includes an embedded expert advisor system, allowing traders to automate certain aspects of their trading strategies. By choosing to trade with MSC Group, traders can leverage the benefits of MT4 for their trading needs, providing them with every possible advantage for achieving financial success.

trading-platform

Deposit & Withdrawal

MSC Group offers a range of payment methods for depositing and withdrawing funds, ensuring convenient and secure transactions for its clients. While specific details about the payment methods are not provided, clients can expect to have access to popular options such as bank transfers, credit/debit cards, and electronic payment systems. The availability of payment methods may vary depending on the client's country of residence. It is recommended to visit the MSC Group website or contact their customer support to obtain detailed information about the payment methods supported and any associated fees or processing times.

payment-methods

Customer Support

The MSC Group prioritizes effective communication and provides multilingual customer support to cater to the diverse needs of its clients. You can reach their customer support team through email at support@mscgroupglobal.com. Additionally, an online chat feature is available for real-time assistance and prompt resolution of queries or concerns. Whether you have questions about their services, need technical support, or require general assistance, the MSC Group's customer support is dedicated to providing helpful and timely responses to ensure a positive trading experience for their clients.Educational Resources

The MSC Group recognizes the importance of educational resources for traders, especially for those who are new to the market. However, it is important to note that the availability of educational materials or resources may vary among different brokers. While the MSC Group may not currently provide specific educational resources such as webinars or daily Forex news, traders can explore alternative sources to enhance their knowledge and understanding of the market. There are numerous reputable websites, online forums, and educational platforms that offer comprehensive educational content, tutorials, market analysis, and news updates. Traders are encouraged to leverage these external resources to supplement their trading education and stay informed about market trends and developments.

Conclusion

In conclusion, MSC Group Inc is an online broker based in Delaware, USA, offering a diverse range of trading products through the MetaTrader4 (MT4) platform. The broker provides access to various financial instruments, offers competitive leverage ratios, and supports micro trade sizes, making it beginner-friendly. However, it is important to note that MSC Group lacks valid regulation, and its regulatory status is designated as “Unauthorized.” This lack of regulation poses risks to traders, and caution is advised when considering trading with an unregulated broker. While MSC Group offers multilingual customer support and convenient deposit and withdrawal options, it does not currently provide specific educational resources. Traders are encouraged to seek alternative sources for educational materials to enhance their trading knowledge. It is recommended to prioritize regulated brokers that offer additional safeguards and protections for clients' funds and trading activities.

FAQs

Q: Is MSC Group regulated?

A: Currently, MSC Group lacks valid regulation, and its regulatory status is classified as “Unauthorized.”

Q: What financial instruments can I trade with MSC Group?

A: MSC Group offers a variety of tradable instruments, including currencies, indices, metals, commodities, and stocks.

Q: What leverage does MSC Group offer?

A: The leverage offered by MSC Group varies depending on the specific instrument. For Forex instruments, leverage can go up to 1:500, while for indices and commodities, it can reach up to 1:100.

Q: What is the minimum trade size with MSC Group?

A: MSC Group allows a micro trade size of 0.01 lots.

Q: Does MSC Group charge spreads or commissions?

A: Specific details about spreads and commissions are not provided.

Q: What trading platform is available with MSC Group?

A: MSC Group offers the MetaTrader4 (MT4) trading platform, known for its powerful features, user-friendly interface, advanced charting capabilities, and support for multiple markets.

Q: What are the deposit and withdrawal methods supported by MSC Group?

A: MSC Group offers a range of payment methods for depositing and withdrawing funds, including bank transfers, credit/debit cards, and electronic payment systems.

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CVBNM
more than one year
As a user of MSC GROUP trading platform, I must say it's truly unique among the plethora of apps out there. While I use various other applications, this one stands out because it allows me to truly expand my investment portfolio beyond the borders of the United States. It's simple, user-friendly, and opens up a world of investment opportunities.
As a user of MSC GROUP trading platform, I must say it's truly unique among the plethora of apps out there. While I use various other applications, this one stands out because it allows me to truly expand my investment portfolio beyond the borders of the United States. It's simple, user-friendly, and opens up a world of investment opportunities.
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2024-02-07 16:19
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FX1352454658
more than one year
Some problems when I traded with this broker: 1. Mt4 trading platform was difficult to download, and it took a long time for me to download the software. I think they should improve this part. 2. No demo account provided, not good for clients to test out trading environment first. 3. Claimed bonuses not given to me so far. They promised so truly. I hope you can see my review before trading with this broker.
Some problems when I traded with this broker: 1. Mt4 trading platform was difficult to download, and it took a long time for me to download the software. I think they should improve this part. 2. No demo account provided, not good for clients to test out trading environment first. 3. Claimed bonuses not given to me so far. They promised so truly. I hope you can see my review before trading with this broker.
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2023-03-23 10:12
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