Brokers  /  MSG

MSG

High risk
🇻🇨 Saint Vincent and the Grenadines · 5-10 years · since 2017-12-14 · MASTER SELECT GROUP
ASICVFSC
Visit site ↗
2.9/5
★★★★★ ★★★★★
26 reviews ›
2
Licenses ›
29
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
50/100
Scam risk ›
1
Clone sites ›
▲ 20% positive▼ 76% negative
Independent ratingshow third parties score this broker
WikiFX1.62/10
Trustpilot2.9/5
Forex Peace Army—/5
50
High risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Registered in Saint Vincent and the Grenadines (offshore, light oversight)
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~116% of recent reviews
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 & licensing6835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)010%
Real-user sentiment508%

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 nameMASTER SELECT GROUP
Headquarters🇻🇨 Saint Vincent and the Grenadines
Founded2017-12-14
Years operating5-10 years
Employees0
Official websitemsgtrader.com
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
Euro House, Richmond Hill Road, P.O Box 2897, Kingstown, St. Vincent & the Grenadines

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
ASICForex Execution License (STP)489437Australia—
VFSCForex Trading License (EP)40378Vanuatu—

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.09)

Across 25 recent Trustpilot reviews, 76% are 1–2 star. The single most common complaint is being unable to withdraw funds (29 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 Kong9
Taiwan5
Vietnam4
Singapore3
🇦🇺 AU2
Philippines1
Positive vs negative · last 2 months Pos Neg
Nov
Sep

Real user reviews

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About MSG

MSG is a forex and CFD broker based in Saint Vincent and the Grenadines, with records dating to 2017-12-14. It reports oversight from ASIC, VFSC.

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

On Trustpilot, MSG holds a real-user score of 2.9/5 across 3 reviews. Withdrawal problems appear 29 times — always test a small withdrawal first.

Finally, beware of impersonation: we tracked 1 clone website(s) copying MSG. 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 MSG review