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M&G -

Score

1.57 /10
Danger

M&G

Ireland

5-10 years

Regulated in United Kingdom

Investment Advisory License

Global Business

Suspicious Overrun

High potential risk

https://www.mandg.com/investments/gb

Influence

A

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Comparison

Quantity 6

Exposure

Time Machine
Website

Score

Regulatory Index2.78

Business Index7.46

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

M&G Investments

Company Abbreviation

M&G

Platform registered country and region

Ireland

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2025-07-01
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

M&G

United Kingdom

WikiFX Verification

Exposure

6 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Wrong account. Money is needed to change the account. Late fees have been required. Unable to withdraw

I've paid over 100,000 of all the fees

2021-04-16 01:30
Scam

Remittance investment, withdrawal of money are all under review, I haven't received the remittance from the other party at all, the money under withdrawal review disappeared

I downloaded this app when I saw it on the internet that can make money. The customer service also provides online remittance. I remitted the money. When I wanted to withdraw the money, it was still under review. I withdrew three times, each time withdrawing 100,000 New Taiwan Dollars, but I did not receive any. I asked the customer service many times, but they did not respond. When I logged into this platform again, I found that the money I withdrew was gone. Originally, it was over 1.9 million, but now it has become just over 1.5 million. This is clearly a scam to cheat my money.

2024-09-06 03:11
Unable to Withdraw

Websites are the same. Just show more English at the beginning.

mginvestmentstw.net/ . If you input the true bank account, it will show you that it is wrong. If you wanna change the info, you should pay 30% of your assets. If you see the website, do not invest

2021-05-16 05:41
Unable to Withdraw

They rejected my withdrawal

I deposited $3500 and withdrew $2300. My board showed a picture and they said something went wrong. The money did not belong to me. It was the worst truth.

2021-10-20 06:38
Unable to Withdraw

Scammer

They changed the market information. I deposited 66,215 pesos and lost all the investment.

2021-08-25 21:39
Scam

Avoid. Save your cash.

Avoid their M&V Investments. Took out a £5000 loan as I was daft enough to believe their promised ROI. I can't even remember the Advertised ROI, but it was somewhere in the range of 5-7% per month. ( Which is of course good.) For the first two weeks it was very positive (I have been with them since August 2021) then it all went down hill from there. If you formulated a graph of my account balance it would look like a decending set of stairs. I am now setting around the £2900 mark (out of £5000) with a floating profit in the open trades of -£600. So to withdraw the remaining balance I would have to close all the open trades and loose that £600 as well. They do however have a helpful and generally responsive customer support. They also seem to be genuinely trying hard.

2021-09-12 21:14
Data Source WikiFX Data provide
Updated: 2025-07-01
M&G · Company summary
M&G Review Summary
Founded1996
Registered Country/RegionIreland
RegulationFCA (Exceeded)
ServicesAsset management, investments and long-term savings
Trading PlatformmyM&G web
Minimum Deposit£1
Customer SupportTel: +44 (0)207 626 4588
Email: info@mandg.co.uk
Address: 10 Fenchurch Avenue LondonEC3M 5AG United Kingdom
Instagram, LinkedIn
Regional RestrictionsMarkets with AUM less than £50m, and British overseas territories, crown dependencies and European microstates (except Malta) have been excluded

M&G Information

M&G is a service provider of premier brokerage and financial services, which was founded in Ireland in 1996. It offers products and services for asset management, investments and long-term savings. Besides, markets with AUM less than £50m, and British overseas territories, crown dependencies and European microstates (except Malta) are not allowed. What's more, it should be noted that M&G's FCA license was exceeded, which means potential risks may exist.

M&G Information

Pros and Cons

Pros Cons
Long operation timeExceeded FCA license
Various contact channelsRegional restrictions
Low minimum depositCommission fees charged
Various payment options

Is M&G Legit?

M&G is licensed by the Financial Conduct Authority to offer services but the current status is exceeded. Its license number is 119328. The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Financial Conduct Authority (FCA)ExceededM&G Investment Management LimitedInvestment Advisory License119328
M&G license
M&G domain

M&G Services

Services Supported
Asset management✔
Investments✔
Long-term savings✔
Products & Services

Account Type

Account TypeMinimum Deposit
ISAs£1
Junior ISAs£1
OEIC£1
Account Type

M&G Fees

Fees relate to the value of investment and so will depend on fund performance. Charges are calculated annually and taken daily. Details are not mentioned.

M&G Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
myM&G web✔PC, laptop, tablet/
Trading Platform

Deposit and Withdrawal

The broker accepts payments done via Maestro, MasterCard Debit, Visa Debit & Visa Delta debit cards. The minimum deposit is £1. No minimum withdrawal amount defined and no fees or charges specified.

Deposit and Withdrawal

User Reviews

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User comment

5

Comments

Write a review

FX3308363627
more than one year
看到網路有這個平台可以賺錢，我就下載，客服也提供網路匯款，我匯款了，要提領錢時，都在審核中，我一共提領三次，三次提領10萬台幣，可是都未收到款，我問客服很多次，客服遲遲不回應，當我再次上這平台，發現我提領的錢，都不見了，原本一百九十多萬，卻變成一百五十多萬，這分明就是詐騙我的錢
看到網路有這個平台可以賺錢，我就下載，客服也提供網路匯款，我匯款了，要提領錢時，都在審核中，我一共提領三次，三次提領10萬台幣，可是都未收到款，我問客服很多次，客服遲遲不回應，當我再次上這平台，發現我提領的錢，都不見了，原本一百九十多萬，卻變成一百五十多萬，這分明就是詐騙我的錢
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2024-09-06 03:11
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전윤미
more than one year
Even after the funds were received by the bank, they held onto the money for an extended period. When I reached out to the customer service department, it seemed like they were reluctant to provide a straightforward explanation as to why my banking information displayed one thing while I couldn't access my funds. I wouldn't recommend this brokerage firm. Unless, of course, you enjoy having your funds tied up for a week without being able to withdraw them, then this might be the right place for you.
Even after the funds were received by the bank, they held onto the money for an extended period. When I reached out to the customer service department, it seemed like they were reluctant to provide a straightforward explanation as to why my banking information displayed one thing while I couldn't access my funds. I wouldn't recommend this brokerage firm. Unless, of course, you enjoy having your funds tied up for a week without being able to withdraw them, then this might be the right place for you.
Translate to English
2024-01-24 23:00
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6