MGFOREX SCAM CASE

I don't know how these other people rated MG other than a scam.

There have been several times where I've entered an order and watched the price move for over a minute.
At that point I would think the order didn't make it...which would happen often during volatile times...only to hear the ol' order execution tone just before price moved against me. After calling several times and finally latching on to a guy that spoke clear English, he didn't have the answers. He said he would look into it.
I called a week later and was told that he was "let go." I think he found out what really happens over there.
As far as Gordon's review...He must work there. The company is not big. In fact, it ranks at the bottom as far as size. I don't know what he's talking about.
Stay away from this company. If you think you are doing well with them now, just wait until you place a sizable order. That's when they make their money.
Don't believe me though. Check the government web-site for litigation against this company. They are always listed there, and almost always have the most cases against them. Not worth it.

MGFOREX SCAM CASE

MGFOREX SCAM CASE

They used to be a quality outfit, but ever since new management has taken over it's been straight downhill.

The technology is really outdated and hasn't even had any kind of upgrade in ages. It is hard to believe that some people actually pay a monthly fee to use those mickey mouse charts they pedal.

Last year management tried to save money by not having any live updating of their MMS analysis service for ages. That kind of thing doesn't instill much confidence as to their financial viability.

After that happened I started having doubts about how long they'd last, so I pulled out enough to cover my initial deposit and just left what I had made so I would be playing with house money anyway if things went sour for them.

Needless to say they weren't pleased and tried to railroad me in a number of ways.

The bottom line with these people is this: if you don't like brushing your teeth with counterfeit toothpaste, or feeding your dog tainted pet food, or driving on hazardous cheapo tires, stay away because this bucket shop is of the same ilk.

MGFOREX SCAM CASE

Before I opened live trading account with Mgforex,they appeared to be the best forex broker around.

Immediately I deposited $5,000 into the account,they started manipulating the platform to dubiously take the entire money.

Their greatest trick is to close out your profitable position,or refuse to allow you take profit until the market works against you.

They are BUCKET SHOP forex rogues.Do not judge with demo account,you will be mislead also.

All the emails sent to them were not replied to.If you use a mini account,you will never get what I mean.So,beware.