Brokers  /  MG Group

MG Group

Moderate risk
🇭🇰 Hong Kong · 5-10 years · since 2017-09-18 · Marigold International Bullion Dealers Limited
HKGX
—/5
★★★★★ ★★★★★
5 reviews ›
1
Licenses ›
3
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
33/100
Scam risk ›
1
Clone sites ›
▲ 40% positive▼ 40% negative
Independent ratingshow third parties score this broker
WikiFX6.58/10
Trustpilot—/5
Forex Peace Army—/5
33
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Withdrawal complaints in ~60% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints4212%
Offshore registration458%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMarigold International Bullion Dealers Limited
Headquarters🇭🇰 Hong Kong
Founded2017-09-18
Years operating5-10 years
Employees0
Official website—
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
18F, MG Tower, No.133 Hoi Bun Road, Kwun Tong, Hong Kong（MTR Kwun Tong line: Ngau Tau Kok Station exit B6）

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
HKGXPrecious Metals Trading (AGN)023Hong Kong ChinaRegulated

Review analysis AI

Across 5 recent Trustpilot reviews, 40% are 1–2 star. The single most common complaint is being unable to withdraw funds (3 reports) — the classic warning sign in forex. We also found 1 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong2
Australia1
Taiwan1
South Africa1

Real user reviews

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About MG Group

MG Group is a forex and CFD broker based in Hong Kong, with records dating to 2017-09-18. It reports oversight from HKGX.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 1 clone website(s) copying MG Group. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full MG Group review