Home -
knowledge -
MG -
Introduction -

WikiFX Express

TMGM
GTCFX
TAG MARKETS
Exness
XM
EC markets
FOREX.com
FXTM
AvaTrade
D prime

Previous Post

VIRTU

Next

eex

MG Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:05

Abstract:MG is a financial provider in Hong Kong with a suspicious fake clone license. Their core businesses include a variety of financial services, real estate, entertainment, publishing, arts and cultures, education and training, multimedia, and environmental protection. Its subsidiary company, Marigold International Bullion Dealers Limited, primarily serves as a precious metal dealer.

MG Review Summary
Founded2001
Registered Country/RegionHong Kong
RegulationSuspicious Clone CGSE License
Market InstrumentsPrecious metals
Demo AccountNot Mentioned
LeverageNot Mentioned
Trading PlatformNot Mentioned
Min DepositNot Mentioned
Customer SupportContact form
Phone: (852) 3998 4916
Email: account@mgmetals.com.hk

  MG is a financial provider in Hong Kong with a suspicious fake clone license. Their core businesses include a variety of financial services, real estate, entertainment, publishing, arts and cultures, education and training, multimedia, and environmental protection. Its subsidiary company, Marigold International Bullion Dealers Limited, primarily serves as a precious metal dealer.

MGs homepage

Pros & Cons

ProsCons
Specialized in Metal DealingSuspicious Clone License
Unclear Trading Conditions

Is MG Legit?

  MG is not a legiable company since its license is suspected to be a fake clone.

Regulatory Status Suspicious Clone
Regulated by The Chinese Gold & Silver Exchange Society
Licensed Institution 萬兆豐國際金業有限公司
Licensed TypeType AA License
Licensed Number023
Suspicious clone CGSE license

What Can I Trade on MG?

  Being a precious metal dealer. You can trade metals like gold and silver on MG.

Trading AssetAvailable
forex❌
metals✔
commodities❌
indices❌
energies❌
stocks /shares❌
cryptocurrencies❌
options❌
funds❌
ETFs❌

Trading Platform

Trading PlatformSupported Available Devices Suitable for
EZgold✔Mobile (iOS, Android)Beginner
MT4❌Desktop, Mobile, WebBeginner
MT5❌Desktop, Mobile, WebExperienced trader
Trading View❌Desktop, Mobile, Tablets, Web BrowsersBeginner

Deposit & Withdrawal

  MG offers an upcoming payment app called MGPay for the traders on their platform. However, further details about this app are not provided.

Customer Service

  MG provides contact channels including contact form, phone, email, and company address. The website shows that they also have social media, but the links direct you back to the company website instead of the social media page.

  MG's customer service is open from Monday to Sunday. During working days, the service is available from 8:00 am to 8:00 pm. On Saturday, the service is available from 9:00 am to 7:00 pm. On Sunday, the service is available from 9:00 am to 9:00 pm.

Contact ChannelDetails
Contact form
Contact form
Phone
(852) 3998 4916
Email
account@mgmetals.com.hk
Address
Unit F, 18F, MG Tower, 133 Hoi Bun Road, Kwun Tong, Kowloon, Hong Kong

Q&A

  Is MG regulated?

  No. MG's license is suspected to be a fake clone.

  Is MG safe?

  MG is not safe since MG is not a regulated platform.

  Is MG a good broker for beginners?

  No. Beginners should preferably choose a reputable and well-regulated platform.

Risk Warning

  Online trading involves significant risk. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

Related broker

Unverified
MG
Company name:MG Metals
Score
1.95
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.95

Latest News

RM12.47 Million in Cryptocurrency Vanishes From Malaysian Man’s Wallet

WikiFX
2026-10-12 11:54

First Light News: Chip Rout Rattles Equities as Q3 Earnings Season Kicks Off

WikiFX
2026-10-13 14:35

Indias retail inflation jumps to 5.54% in September, above estimates

WikiFX
2026-10-12 18:36

US Dollar Price Forecast: DXY Eyes 102.49, Can EUR/USD Hold 1.1180 Ahead of CPI?

WikiFX
2026-10-12 15:29

First Light News: US CPI, Aussie Jobs and Bank Earnings in Focus

WikiFX
2026-10-12 16:52

Retiree Loses RM118,000 Through Fake Stock Investment Website

WikiFX
2026-10-13 15:08

US Interest Rate Forecast: CPI to Test December Fed Hike Bets

WikiFX
2026-10-11 18:29

Client Saved via WikiFX Exposure ! Is slay4x Considered a Safe Broker or a Scam in Q4 2026?

WikiFX
2026-10-13 16:34

Indian Police Arrest Two in Alleged ₹10 Crore Crypto Investment Fraud

WikiFX
2026-10-12 13:39

CMC Markets Secures LSEG Data Deal to Accelerate Global Expansion

WikiFX
2026-10-12 12:04

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

CaravanFX

CONEEX

FXLibra

QuantrovaTrade

Risance

AdalFX

GatrixCapital

Nova Partners

ArcInvestFX

Zentro