User comment
0
CommentsWrite a review
No comment yet
Global Broker governance & inquiry App
Scam Brokers
Score
0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!
MigaFx
The Virgin Islands|Scam Brokers| 2-5 years|Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|
https://www.migafx.com/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
United States 2.53Surpassed 78.95% brokers
Biz AreaSearch StatisticsAdvertisingSocial Media Index
Contact
support@migafx.com
https://www.migafx.com/
⦁ Vistra Corporate Services Centre, Wickhams Cay II, Road Town Tortola, VG1110, British Virgin Islands
The WikiFX Score of this broker is reduced because of too many complaints!
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
Broker Information
More
Company Name
Miga Markets International
Company Abbreviation
MigaFx
Platform registered country and region
The Virgin Islands
Company website
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
This platform is a Ponzi Scheme. Please stay away!
5
Previous Detection :
2024-04-16
- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
- The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
WikiFX Verification
Users who viewed MigaFx also viewed..
XM
9.04
Score10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
CPT Markets
8.20
Score5-10 yearsRegulated in United KingdomMarket Making(MM)MT4 Full License
Official website
FBS
8.75
Score5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
GTC
8.34
Score10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website
Exposure
9 pieces of exposure in total Pyramid scheme complaint
Expose Scam
Scam
Fraud platform. No regulation.
2021-08-21 14:02
Scam
Cannot open the backend website. The boss of MigaFX is absconded with fund.
A fraud platform that can only deposit but not withdraw. MigaFX took the company registration certificate and pretended to be a supervision certificate, but there was no supervision, because the information of the Virgin Islands company is strictly confidential, and no one can check it. This is why these scammers chose the Virgin Islands registered company. The reason for this is that there is no supervision, which means that no one will check the company's bank account, and the broker can have the authority to the MT5 server backend, and can forge and modify the transaction data of all accounts (the broker is the project party's own), There is no capital to support it. This fund is managed by Xu Zhibao, a GRM shareholder who has run away before. Guilin Panling is the main push. After GRM ran away, the two of them started Tianzhu Qihui together. It was originally called Miga, and the official domain name is also migafx. .com, I don't know why it was changed to THFX, which belongs to the three-no foreign exchange project. In addition to encouraging people to re-invest, there are also many attractive bonus systems and various market subsidies. I am afraid that employees will not develop. The purpose It is to encourage members to pull people and funds in, which is a typical feature of fund disks. Here, I hope to unite more deceived people, and actively protect their rights by retaining relevant evidence such as transaction records and communication records. Expose these fraudulent criminal groups and let these fraudulent groups be punished by law.
2022-04-27 17:44
Scam
You frauds will be discredited one day!
The original frauds in GRM are here now. Forex investment is a scam, capital tray. The regulators are useless. The event of taking part in Shanghai Money Fair is to win people’s trust!
2020-11-23 21:31
Others
The website of the platform cannot be opened. It is absconded.
The website of the platform cannot be opened. It is absconded. Cannot trust them. It is a fraud group and ponzi scheme from Guilin
2022-04-18 20:22
Others
The fund, without regulation, is flowed into private account, with virtual amount on my account.
After GRM collapsed on May 14th, MigaFx , another Ponzi Scheme, emerged. I caution you against it.
2020-07-25 13:35
Unable to Withdraw
MigaFX is a fraud platform
A fraud platform that can only deposit but not withdraw. MigaFX took the company registration certificate and pretended to be a supervision certificate, but there was no supervision, because the information of the Virgin Islands company is strictly confidential, and no one can check it. This is why these scammers chose the Virgin Islands registered company. The reason for this is that there is no supervision, which means that no one will check the company's bank account, and the broker can have the authority to the MT5 server backend, and can forge and modify the transaction data of all accounts (the broker is the project party's own), There is no capital to support it. This fund is managed by Xu Zhibao, a GRM shareholder who has run away before. Guilin Panling is the main push. After GRM ran away, the two of them started Tianzhu Qihui together. It was originally called Miga, and the official domain name is also migafx. .com, I don't know why it was changed to THFX, which belongs to the three-no foreign exchange project. In addition to encouraging people to re-invest, there are also many attractive bonus systems and various market subsidies. I am afraid that employees will not develop. The purpose It is to encourage members to pull people and funds in, which is a typical feature of fund disks. Here, I hope to unite more deceived people, and actively protect their rights by retaining relevant evidence such as transaction records and communication records. Expose these fraudulent criminal groups and let these fraudulent groups be punished by law.
2022-04-27 14:49
Scam
MigaFX is a fraud platform
MigaFX is the former absconded Ponzi Scheme that operated by GRM shareholder, Xu, and promoted by Gui. It collected money everywhere under the name of forex and I found that it was offline. Now the platform has been unable to log in, the group has disbanded, and the boss has run away. I hope the relevant departments will punish on the main members of the fraud group.
2022-04-27 12:37
Unable to Withdraw
Totally a scam platform.
Please don't be interested in your own ignorance, the liar will seize your mentality, put your hand in your pocket, don't try to think that there is a free meal.
2022-05-27 09:20
9
start to write first comment