MGR (Maxrich Group) - It is reliable? Needs more review please | Forex Factory

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MGR (Maxrich Group) - It is reliable? Needs more review please

  • #1
  • First Post: Dec 18, 2017 7:20am Dec 18, 2017 7:20am
Hey guys, I need your reviews about Maxrich Group broker (mrgforex.com), 90% of the reviews about this broker are so amazing, 15 mins deposit process, 1 hour widrawal process, almost not have a bad review. This is too good too be true maybe?

But when im try their demo, their spreads & commisions are makes sense. Almost no slippage, 3.6 pips on GU (big impact news), no requote even on NFP, their charts seems legit too.

Only one things that makes me uncomfortable, they have no live's chat, so we have to leave a message (i'm trying this but not yet being answered).


Anyway guys please gimme your honest reviews about this broker. And of course i'm not their marketing boy! LOL
thanks for your response.
  • #2
  • Dec 18, 2017 8:07am Dec 18, 2017 8:07am
Quoting rickokmz
Hey guys, I need your reviews about Maxrich Group broker (mrgforex.com), 90% of the reviews about this broker are so amazing, 15 mins deposit process, 1 hour widrawal process, almost not have a bad review. This is too good too be true maybe? But when im try their demo, their spreads & commisions are makes sense. Almost no slippage, 3.6 pips on GU (big impact news), no requote even on NFP, their charts seems legit too. Only one things that makes me uncomfortable, they have no live's chat, so we have to leave a message (i'm trying this but not yet...

Amateur website, unregulated broker, 99,99% pure market maker scam
  • #3
  • Dec 18, 2017 9:08pm Dec 18, 2017 9:08pm
Quoting insomniawawa
{quote} Amateur website, unregulated broker, 99,99% pure market maker scam
have you tested it?
yeah they have an amateur website design...
  • #4
  • Dec 19, 2017 2:34am Dec 19, 2017 2:34am
Quoting rickokmz
{quote} have you tested it? yeah they have an amateur website design...

There is no reason to test any broker that looks like scam and doesn't have money to create professional website. It's only one way transfer, you can make deposit easily and never get back your money. Better try good ASIC regulated brokers like Pepperstone (also FCA regulated) and IC Markets.
  • #5
  • Dec 19, 2017 6:37am Dec 19, 2017 6:37am
Quoting insomniawawa
{quote} There is no reason to test any broker that looks like scam and doesn't have money to create professional website. It's only one way transfer, you can make deposit easily and never get back your money. Better try good ASIC regulated brokers like Pepperstone (also FCA regulated) and IC Markets.
thats prejudice dude? Dont judge the book by its cover. Btw, IC market looks promising and many people in this forum r using their sevice. Ill take a look for IC too.

Thanks
  • #6
  • Dec 21, 2017 2:18am Dec 21, 2017 2:18am
Quoting rickokmz
{quote} thats prejudice dude? Dont judge the book by its cover. Btw, IC market looks promising and many people in this forum r using their sevice. Ill take a look for IC too. Thanks
Yes, it's true, but forex is shady business. There are so many scam brokers, trainers and sellers that you should be suspicious all the time. A lot of reviews in the internet are forged (positive reviews) or written be people who have any idea how market works and blaming brokers for losing money (negative reviews). I'm on market many years and I know it's better to use only regulated (REGULATED, NOT ONLY REGISTERED) ECN brokers (FCA, ASIC, FINMA). You can search brokers here. https://www.100forexbrokers.com/fx/broker_search.php
  • #7
  • Last Post: Dec 21, 2017 2:42am Dec 21, 2017 2:42am
Quoting insomniawawa
{quote} Yes, it's true, but forex is shady business. There are so many scam brokers, trainers and sellers that you should be suspicious all the time. A lot of reviews in the internet are forged (positive reviews) or written be people who have any idea how market works and blaming brokers for losing money (negative reviews). I'm on market many years and I know it's better to use only regulated (REGULATED, NOT ONLY REGISTERED) ECN brokers (FCA, ASIC, FINMA). You can search brokers here. https://www.100forexbrokers.com/fx/broker_search.php...
ok then, thanks again bro, ill going to look at it.

Good luck for you
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