Do You Want to Know If MGI Capital is Legitimate or a Scam Broker?
So has the broker MGI Capital come across your radar? Do you wonder if you should take a chance with this broker? We don’t recommend that you do. MGI Capital has been flagged by multiple world regulators, including the FINMA of Switzerland. In addition, the financial regulator of Malta, the MFSA has canceled MGI Capital’s license for its engagement in suspicious activities. These are good enough reasons to stay away.
There Are Some Problems with MGI Capital
FINMA and MFSA aren’t the only regulators that are cracking down on MGI Capital. CONSOB of Italy also has raised the alarm about MGI’s many questionable practices. We looked into this broker and couldn’t find any validation of its license, names, and identities of the people who run the company. We recommend that instead, you sign up for a legitimate, licensed broker.
Red Flags that MGI Capital Could Be a Scam Broker
- Flagged by FINMA, MFSA, and CONSOB
- No license
- No transparency
- False claims
- Bad reviews
If You Need Fund Recovery from MGI Capital Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with MGI Capital close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.
