A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 85 | 35% |
| Company age | 92 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 0 | 12% |
| Offshore registration | 10 | 8% |
| Transparency (site/info/social) | 53 | 10% |
| Real-user sentiment | 50 | 8% |
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.
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| GOLD | 1:400 | $10 000 | -- | -- | ✓ |
| DIAMOND | 1:500 | $50 000 | -- | -- | ✓ |
| PLATINUM | 1:500 | $20 000 | -- | -- | ✓ |
| SILVER | 1:300 | $5 000 | -- | -- | ✓ |
| START | 1:200 | $2 000 | -- | -- | ✓ |
Across 1 recent Trustpilot reviews, 100% are 1–2 star.
0MGX foundation is a forex and CFD broker based in Cyprus, with records dating to 2025-07-24. Critically, we could not verify any active forex-trading license for this broker.
FXCanary’s verdict is “Elevated.” There are enough red flags that we’d urge caution before depositing.
On Trustpilot, MGX foundation holds a real-user score of 3.2/5 across 1 reviews.
Overview compiled by FXCanary from regulatory records and public data. full MGX foundation review