In this section we will analyze MGPower Market (also called by the name: mgpowermarket.net), is a broker of Forex y CFDs. Is MGPower Market really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find the following: opinions about MGPower Market ✅, claims, complaints 😡, experiences 📝, analysis 📊 of the most important characteristics of this company (updated 2021), and the most important: Is MGPower Market ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
❌ MGPower Market mentions being part of: MGPower Market Limited (nonexistent).
❌ Regarding your location, the broker mentions being based on there is no data on this.
❌ If we analyze your regulation, they don't mention anything about being a regulated broker or its regulation.
⛔ ATTENTION: MGPower Market is a broker NOT REGULATED. ⛔
📌 RememberRegulated brokers are the best (and safest) option, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
If now we go on to analyze account types offered by MGPower Market, we note that it offers 2 different types of accounts: Mini Account and Premium Account. We will leave you an image with a little information about each type of account.
Mini Account: minimum initial deposit of $ 500, leverage up to 1: 500, minimum lot 0.01.
Premium account: minimum initial deposit of $ 10.000, leverage up to 1: 200, minimum lot 0.01.
In the following image you can have more information about the types of account. Click here to see the image in full size.
La platform to operate that MGPower Market offers is: MT5 platform.
Resources | Website
We will now analyze the different resources and aids for traders that MGPower Market provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
MGPower Market provides the following aids or resources to traders or interested parties: a little information about the products you offer, news, analysis, tutorials, FAQ section, really not much more than this.
🌐 Other information about MGPower Market 🌐
???? Some more information in case you want to contact the company, or see its website for yourself. ????
🌏 Website: mgpowermarket.net
📞 Telephone number: does not have.
📧 Email: does not have.
You might be wondering why we are reviewing MGPower Market. We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question. We like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before deciding or not to invest with an investment company.
Are you a representative of this company? We recommend you leave a comment responding to customer concerns.
➡️ Rating on MGPower Market ⬅️
Ending with this section, in our opinion Do we believe that the company MGPower Market is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐2021 analysis ⭐
❌ After analyzing this company, we advise you to be cautious, since it is a very non-transparent offshore shell company that does not offer legal information, is not registered (or is registered in a tax haven) and also lacks regulation ( unregulated company). ❌
(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. 📛
Our advice: We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: One of the few measures that assure clients' money is the regulation of the broker, that is, it is probably the most important characteristic of any broker; HAVE GOOD REGULATION. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, also leave a comment on our website with your experience with this broker.
🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻