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Capital MGM
Regulators:
We suggest investors avoid using Capital MGM, an unregulated broker.
Capital MGM claims to be a broker regulated on a global scale, with alleged registrations in Hong Kong SAR and Cyprus. However, detailed searches of the Hong Kong Securities and Futures Commission (HK SFC) and the Cyprus Securities and Exchange Commission (CySEC) registers show no records of the company, indicating that it is not governed by these financial regulators.
Additionally, Capital MGM suggests it has a UK location but lacks the necessary authorization from the Financial Conduct Authority (FCA), which has resulted in a warning against the firm.
Operating outside the regulatory frameworks, Capital MGM is extremely risky. The evidence and warnings strongly imply that Capital MGM could be a fraudulent operation. Therefore, we strongly advise against using Capital MGM and instead choose fully regulated brokers.
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.


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