Score

1.53 /10
Danger

MATG

New Zealand

5-10 years

Regulated in New Zealand

Financial Service Corporate

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

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Website

Score

Regulatory Index3.29

Business Index7.14

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

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

Mark Adrian Thomas GATWARD

Company Abbreviation

MATG

Platform registered country and region

New Zealand

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-16
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by New Zealand FSPR(license number: 51761)Financial Service Providers Register Non-Forex License. Please be aware of the risk!

WikiFX Verification

MATG · Company summary

Official Website Unavailable

We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.

In addition, if clients would like to know something detailed, please try to visit the official website, although it is likely that it does not work, the official website is as follows: http://www.matgholding.com/cn/index/&http://www.matgindex.com

General Information

MATG, owned by Mark Adrian Thomas GATWARD, is an online Forex corporation that has been engaging in tradable financial assets for several years in business, in addition, the firm was registered in New Zealand, however, it has not been given the specific registered office to the pubic so far.

Market Instruments

There are two kinds of financial instruments available for clients including Forex and Metals.

Accounts & Leverage

There are 2 different accounts with various requirements and trading conditions, that is STP Account, as well as ECN Account. Whats more, the minimum deposit varies between 50USDand 5,000USD, for the ECN Account, sets a limit to the minimum amount for 5,000USD, and the other account is 50USD, concerning the leverage, the maximum leverage for the ECN Account is up to 1:200 with 0.01 lot per trade, and for the STP Account, the leverage is capped at 1:400 with 0.01 lot per trade.

Spreads & Commissions

The spread for the STP Account is from 1.6 pips, with no commissions mentioned on any websites.

Trading Platform

MATG provides clients with access to the MetaTrader4/5(MT4/MT5), which is well-recognized an authoritative and reliable platform for clients all over the world.

Customer Support

We could not get the phone number of Customer Service, so the support team is always at your assistance with the best possible solutions to the queries, if so desired, please e-mail at cs@matgmarkets.com within a reasonable time.

Risk Warning

Trading in leveraged financial instruments carries a high level of risk, including the risk of losing your entire invested capital, and may not be suitable for all investors. The high leverage and volatility of such instruments can work against you as well as for you. Before you decide to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Wherever in doubt, you should consult and receive advice from independent experts, including legal, tax, and financial advisors.

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