Score

1.51 /10
Danger

MSCG

Australia

5-10 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.99

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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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Broker Information

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Company Name

MSCG

Company Abbreviation

MSCG

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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MSCG · Company summary

General Information & Regulation

MSCG is an online retail broker registered in Australia, allowing traders to buy and sell various financial instruments across different asset classes — forex, shares, cryptocurrencies, indices, commodities, and CFDs. Trades are executed via the intuitive MT4 trading platform, which is available in desktop, web, and mobile versions. There is no regulatory information on the brokers website, so trading with this broker can be risky.

Markets Instruments

MSCG offers the trading instruments: forex, shares, cryptocurrencies, indices, commodities, and CFDs.

Minimum Deposit

There is a choice of six live trading account options on the brokers website. The account types and their corresponding minimum deposit requirements are as follows: Bronze ($ 1000), Silver ($ 2,500), Gold ($ 10,000), Platinum ($25,000), Premium ($50,000), and VIP ($ 200,000) Accounts. A demo account is available for practice purposes.

Leverage

MSCG says to offer up to 1:500 in leverage. Since leverage can amplify gains as well as losses, trading with an unregulated broker offering high leverage is not a good option.

Spreads & Commissions

MSCG advertises spreads as low as 0.1 pips on majors, but we couldnt verify this claim.

Trading Platform Available

At MSCG, trades are executed via the MT4 trading platform, an advanced trading platform that was launched in 2005. The platform provides you with live quotes, real-time charts, in-depth news & analytics, tailored tutoring, as well as a host of order management tools and indicators. It offers a rich and user-friendly interface in a highly customisable trading environment to help improve your trading experience. The MT4 trading platform is available as a desktop application for Windows and Mac computers, and a web version

Deposit& Withdrawal

MSCG accepts only major credit/debit cards — Visa, MasterCard, and Maestro — for both account deposits and withdrawal purposes.

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