✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the Magallanes Value company is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Magallanes Value and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitemagallanes-value.com
🏠Company *​Not mentioned
RegulatoryFalsely mentions being regulated by the CNMV
📧 EmailDoes not have
📈PlatformOwn platform
📌Address​It does not mention its location
🕑 Website ageWebsite registered at: January 26, 2024 (very recent)
Company typefund management broker (variable and fixed income)

Company:
⚠️ Magallanes Value does not provide details about its parent company, raising questions about its credibility.

Location:

⚠️ Magallanes Value does not specify its location, which raises suspicions about its transparency and reliability.

We can already tell you that we are concerned about several characteristics of this company.

What is Magallanes Value?

After a thorough evaluation of the company's website, we concluded that Magallanes Value operates as a fund management broker, uses two types of investment funds, fixed income and variable income.

Account types

The company does not provide information about having different types of accounts.

Information on the web

Magallanes value website

Here we show you a screenshot of the Magallanes Value website, which is magallanes-value.com. The capture was made in May '2024.

Contact: phone numbers and email

Regarding contact details, this company does not provide any email or phone number. What does this lack of information tell us? The absence of contact details is an alarming sign. What would happen if a problem arose or you needed to make a query? Without a direct form of communication, the situation becomes worrying.

Magallanes Value Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

La omission of details about regulation of the broker raises serious doubts about its reliability. An unregulated broker exposes investors to significant risks as they lack legal protections. Before investing, it is essential to ensure that the broker is properly regulated and supervised by competent authorities.

🚫 Final evaluation of Magallanes Value 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Magallanes Value and we have reached the following conclusions about this company:

Location: The company does not provide information about its location.

Regulatory: The lack of information about its regulation is worrying. This indicates that the company is not regulated, which raises questions about its transparency and seriousness.

Please remember that the company has been denounced by different financial regulators (in this case the CNMV, National Securities Market Commission). Use EXTREME CAUTION.

The company also does not mention any means of contact; If you need to contact them for an emergency, how will you do it? Please be careful.

This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.

Magallanes Value is a fund management broker that offers fixed and variable income investment funds. Although its website was recently registered in January 2024, the company does not reveal its location, raising questions about its transparency and credibility. The lack of information about its regulation is an additional concern, suggesting that the company may not be subject to any regulatory framework and raising questions about its commitment to best financial practices.

In addition, the company has been reported by several financial regulators, including the CNMV, National Securities Market Commission, which reinforces the need for caution when considering any type of interaction with it. The absence of means of contact is also worrying, as it makes communication difficult in case of urgency or query. Finally, the lack of details about the parent company suggests a lack of transparency and seriousness, raising additional concerns about its reliability.

Magallanes Value is a company whose lack of transparency in key areas such as location, regulation and contact details raises concerns about its reliability and legitimacy. Caution is advised when considering any type of business relationship with this company, given its history of regulatory complaints and lack of clear information about its structure and operations.

🚨🚨 In summary, our conclusion is that due to the reasons stated, this company does not offer seriousness or security. We recommend that you think carefully before sending funds to an entity with such characteristics. 🚨🚨

Updates

➡️ News about Magallanes Value:

Date Update – news
May 2024Complaint against Magallanes Value from financial regulator CNMV, National Securities Market Commission.

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8921 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Magallanes Value.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Magallanes Value

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Magallanes Value

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to Magallanes Value?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Magallanes Value?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Magallanes Value reliable?

No. Magallanes Value is not reliable, it is a very unsafe company: recent antiquity since January 26 2024. It is reported by the financial regulator of Spain.

How to recover money from Magallanes Value?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Magallanes Value: opinion and comments – Is it a scam?»

  1. George G. Reply

    This company is a hoax. I'm telling you from my own experience, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Jorge g., thank you for writing about Magallanes Value. Currently, this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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