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

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

Website

Rating Index

Influence

Influence

A

Influence index NO.1

India 4.23
Surpassed 15.70% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

info@mandg.co.uk
https://www.mandg.com/investments/gb
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Entity:M&G Investment Management Limited

License No. 119328

Keywords 6
5-10 years
Regulated in United Kingdom
Investment Advisory License
Global Business
Suspicious Overrun
High potential risk
Warning: Low score, please stay away!
2025-05-23
  • 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!
4

Basic Information

Registered Region
Ireland
Operating Period
5-10 years
Company Name
M&G Investments
Abbreviation
M&G
Company employee
--

FX3308363627

Unverified

Taiwan

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.

Exposure

2024-09-06

FX1828697794

Unverified

Mexico

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.

Exposure

2021-10-20

FX2046354843

Unverified

Philippines

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.

Exposure

2021-09-12

วิทยา ประธานทรง

Unverified

St. Barthelemy

Hello, Witthaya Prathantrong or M entrepreneur.

Positive

2023-01-14

FX4102010959

Unverified

Argentina

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

Exposure

2021-08-25

Hsuan天天

Unverified

Taiwan

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

Exposure

2021-05-16

FX7068259962

Unverified

Taiwan

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

Exposure

2021-04-16

7
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Company Summary
Comment

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Sources
Language
Mkt. Analysis
Creatives

Website

mandg.com
80.247.53.238
Server Location
United Kingdom
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
1996-04-03
Website
WHOIS.CORPORATEDOMAINS.COM
Company
CSC CORPORATE DOMAINS, INC.

Genealogy

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Relevant Enterprises

M&G INVESTMENT MANAGEMENT LIMITED(United Kingdom)
Active
United Kingdom
Registration No.
00936683
Established
1968-08-05
M&G INVESTMENTS(Ireland)
Deregistered
Ireland
Registration No.
262113
Established
2018-04-30

Company Summary

M&GReview Summary
Founded1996
Registered Country/RegionIreland
RegulationFCA (Exceeded)
Products & ServicesAsset management, investments and long-term savings
Demo Account
Trading PlatformmyM&G web
Min Deposit£1
Customer SupportInstagram, LinkedIn
Tel: +44 (0)207 626 4588
Email: info@mandg.co.uk
Address: 10 Fenchurch Avenue LondonEC3M 5AG United Kingdom
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 license was exceeded, which means potential risks may exist.

M&G Information

Pros and Cons

Pros Cons
Long operation timeNo demo accounts
Various contact channelsNo MT4/MT5 platform
Low minimum depositRegional restrictions
Various payment optionsCommission fees charged
Exceeded license

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

Products & Services

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

Account Type

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

M&G Fees

Trading 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 webPC, laptop, tablet/
MT4//
MT5//
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

Keywords

  • 5-10 years
  • Regulated in United Kingdom
  • Investment Advisory License
  • Global Business
  • Suspicious Overrun
  • High potential risk

User Reviews 7

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