Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Micron Group

China|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://microngroup.ltd/

Website

Rating Index

Contact

support@microngroup.info
https://microngroup.ltd/

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

Open Now

Disclosure

Danger

FR AMF
2023-07-13
Blacklists of unauthorized companies and websites: Forex
Micron Group
CryptoTradeTech
IpgateTrade

Broker Information

More

Company Name

Micron Group

Company Abbreviation

Micron Group

Platform registered country and region

China

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-02-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed Micron Group also viewed..

XM

9.03
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FXGlory

7.62
Score
5-10 yearsRegulated in United KingdomCommon Business RegistrationMT4/5 full license
Official website

FXGT.com

7.61
Score
2-5 yearsRegulated in CyprusMarket Making(MM)MT4/5 full license
Official website

FP Markets

8.87
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website
Pyramid scheme complaint
Expose

Micron Group · Company Summary

Aspect Information
Company Name Micron Group
Registered Country/Area China
Years Within 1 year
Regulation Unregulated
Market Instruments Currencies, Metals, Cryptocurrencies, Index CFDs, and Commodities
Account Types Start, STtandard, Classcial, and VIP
Minimum Deposit $250
Maximum Leverage 1:200
Trading Platforms MT4/5
Demo Account Yes
Customer Support Email (support@microngroup.info)

Overview of Micron Group

Micron Group, a trading platform based in China and operating within its first year, provides an accessible trading experience. Offering a range of market instruments, including Currencies, Metals, Cryptocurrencies, Index CFDs, and Commodities, Micron Group meets the preferences of traders seeking various investment opportunities.

The platform introduces a selection of account types—Start, Standard, Classical, and VIP—tailored to different trading experience levels. With a minimum deposit requirement of $250, Micron Group claims to accommodate a broad range of traders. The platform supports a maximum leverage of 1:200, allowing users the potential to control larger positions in their trades. Utilizing the renowned MetaTrader 4/5 (MT4/5) trading platforms, Micron Group prioritizes user-friendly interfaces and advanced trading capabilities. Traders can practice with a Demo Account before engaging with real capital.

While Micron Group operates without specific regulatory oversight, its features and support channels contribute to a comprehensive trading environment for users.

Regulatory Status

Micron Group runs as an unregulated trading platform, indicating it operates without oversight from any financial regulatory authority. Traders and investors need to recognize that the absence of regulatory supervision introduces additional risk. In unregulated settings, clients might have limited options for recourse and protection in case of disputes or unforeseen issues.

Pros and Cons

Pros Cons
Wealthy Market Instruments Unregulated Status
Flexible Account Types Limited Operating History
Competitive Leverage Minimum Deposit Variation
Popular Trading Platforms Limited Customer Support Channels
Accessible Customer Support /

Pros of Micron Group:

  1. Wealthy Market Instruments: Micron Group offers a variety of market instruments, including Currencies, Metals, Cryptocurrencies, Index CFDs, and Commodities, providing traders with different trading opportunities.

  2. Flexible Account Types: Traders can choose from multiple account types, such as Start, Standard, Classical, and VIP, suitable for different experience levels and preferences.

  3. Competitive Leverage: The platform provides competitive leverage, with a maximum of 1:200, allowing users to control larger positions with a relatively smaller amount of capital.

  4. Popular Trading Platforms: Micron Group utilizes the widely used MetaTrader 4 and MetaTrader 5 (MT4/5) trading platforms, known for their advanced features, stability, and user-friendly interfaces.

  5. Accessible Customer Support: Customer support is available through email (support@microngroup.info), providing a direct channel for inquiries and assistance.

Cons of Micron Group:

  1. Unregulated Status: Micron Group operates as an unregulated trading platform, which may be concerning for traders seeking platforms with specific regulatory oversight for added security.

  2. Limited Operating History: With Micron Group operating within its first year, there may be limited historical data or user experience available for assessment.

  3. Minimum Deposit Variation: The minimum deposit requirements vary across account types, potentially affecting accessibility for some traders.

  4. Limited Customer Support Channels: While email support is available, the platform's customer support may lack additional channels such as live chat or phone support.

Market Instruments

Micron Group enriches the trading experience by offering a wide range of market instruments, allowing users to explore various financial markets.

Traders can delve into the world of traditional currencies through Forex trading, participate in the dynamic and rapidly evolving digital asset market with Cryptocurrencies, and engage in the trade of valuable resources like precious Metals and Commodities.

Additionally, the platform supports Index CFDs, enabling users to speculate on the performance of market indices.

Account Types

Micron Group provides a tailored trading experience with various account types to suit preferences.

The Start Account is ideal for beginners, featuring a maximum leverage of 1:30 and a minimum deposit of $250.

For traders with moderate experience, the Standard Account offers a maximum leverage of 1:80, with a minimum deposit requirement of $2500.

The Classical Account is designed for more seasoned traders, providing a maximum leverage of 1:120 and requiring a minimum deposit of $10,000.

Advanced traders can opt for the VIP Account, offering a maximum leverage of 1:200 and a higher minimum deposit of $50,000. This variety allows traders to choose an account type that aligns with their experience level and trading preferences, offering flexibility on the Micron Group platform.

Account Type Maximum Leverage Minimum Deposit
Start 1:30 $250
Standard 1:80 $2,500
Classical 1:120 $10,000
VIP 1:200 $50,000

How to Open an Account?

Opening an account with Micron Group is a straightforward process that can be completed online in minutes. Here's a breakdown of the steps involved:

  1. Choose your account type: Micron Group offers three account types, each tailored to different experience levels and trading needs.

  2. Visit the Micron Group website and click “Open Account.”

  3. Fill out the online application form: The form will request your personal information, financial details, and trading experience. Ensure your identification documents (passport or ID card) and proof of address are handy for uploading.

  4. Fund your account: Micron Group offers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit.

  5. Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address.

  6. Start trading: Once your account is verified, you're ready to explore the Micron Group trading platform and start making trades.

Leverage

The maximum leverage of 1:200 provided by Micron Group presents a significant advantage for traders. This high leverage allows users to control larger positions in their trades with a relatively smaller amount of capital. It enhances the potential for amplified profits, making it an appealing feature for those seeking to maximize their trading opportunities.

Trading Platform

Micron Group elevates the trading experience by offering the widely acclaimed MetaTrader 4 and MetaTrader 5 (MT4/5) as its trading platforms. Known for their robust features and user-friendly interfaces, these platforms empower traders with advanced charting tools, technical analysis capabilities, and execution of trades.

MetaTrader 4, a veteran in the industry, is recognized for its stability and extensive library of Expert Advisors (EAs) that facilitate automated trading strategies.

Meanwhile, MetaTrader 5 introduces additional features, including more timeframes and order types, to meet the evolving needs of traders. With MT4/5, Micron Group ensures a versatile and comprehensive trading environment, allowing users to navigate financial markets efficiently and make informed decisions.

Customer Support

Micron Group prioritizes effective customer support with the inclusion of email support at support@microngroup.info. This dedicated email channel serves as a direct and accessible means for users to seek assistance, address queries, and receive support regarding their trading experience.

Traders can reach out to this email address to communicate with the customer support team, making it a valuable resource for prompt and personalized assistance. Whether users have inquiries about account management, technical issues, or general support, the email support feature reinforces Micron Group's commitment to ensuring a responsive and user-friendly customer support experience.

Conclusion

In summary, Micron Group provides multiple trading options and account choices with competitive leverage through popular platforms.

However, its unregulated status and limited operating history might concern some users. Minimum deposit variations across accounts could affect accessibility. While customer support is available through email, the platform lacks additional support channels like live chat or phone assistance.

Traders should consider these factors based on their preferences and risk tolerance before choosing Micron Group.

FAQs

Q: What market instruments can I trade with Micron Group?

A: Micron Group offers a variety of market instruments, including Currencies, Metals, Cryptocurrencies, Index CFDs, and Commodities.

Q: What account types are available on Micron Group?

A: Micron Group provides multiple account types, such as Start, Standard, Classical, and VIP.

Q: What is the maximum leverage on Micron Group?

A: The platform offers competitive leverage, with a maximum of 1:200.

Q: Which trading platforms are supported by Micron Group?

A: Micron Group utilizes popular trading platforms MetaTrader 4 and MetaTrader 5 (MT4/5).

Q: Are there variations in the minimum deposit requirement?

A: Yes, the minimum deposit requirement varies across account types, including Start, Standard, Classical, and VIP.

Q: What customer support channels are available on Micron Group?

A: Customer support is accessible through email at support@microngroup.info.

Q: Are there risks associated with the high leverage on Micron Group?

A: Yes, the competitive leverage of 1:200 poses risks, and traders should exercise caution and implement effective risk management strategies.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

3

Comments

Write a review

xcvbnm
more than one year
Micron Group is a scam, folks. Fell for their promises of easy gains, but it's all a trap. Analyst (mine was Arthur Barinov) lures you in with profitable trades, then starts a money-demanding circus. First, more deposits for "bigger profits," then loans, and a fishy $10k trust deal. When you try to cash out, they hit you with a fake capital gains tax story. Lost it all. Don't get tangled up with Micron Group.
2023-12-29 18:24
Reply
0
0
IJ3827
3-6months
Micron Group - False broker - scammer! Micron Group Ltd are scammers, do not contact them, and if you have already contacted them, then under no circumstances give more money, you will not get anything back from them! The fraud scheme is designed for inexperienced and gullible people. An analyst (in my case, Arthur Barinov) supposedly works with you and first opens deals for you that generate income. You start to believe it. Then the extortion of money begins - in order to supposedly earn more, we need to replenish the deposit, and if there is no money, then we need to take out a loan, which we will quickly repay! Then the analyst drives you into the red, and again extorts money to replenish your account, so that supposedly until the situation stabilizes, we can work with other assets. There will also be strong recommendations to enter into a trust agreement for funds management, which is needed to close unprofitable insurance transactions, but this requires a deposit of $10,000. When you decide to withdraw money, you will be scolded and demanded to pay capital gains tax, which will have to be transferred to the UK Treasury e-wallet (utter nonsense!). You will end up losing everything. If you have also been deceived, contact law enforcement agencies and demand blocking of the fraudulent site. The more statements there are, the more likely it is that an investigation will begin and the scammers will get what they deserve. Beware of false lawyers who will offer you help in returning funds, do not believe the protocols that supposedly can be used to find money in cryptocurrencies
2023-09-14 03:23
Reply
0
0
Fafa2130
6-12months
Attention fraudulent site To avoid absolutely!! They do not return the invested funds
2023-08-03 17:01
Reply
0
0
1
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com