Company Information

Get to know Supa Magontong Group

Supa Magontong Group Limited (trading as SMG) is an online brokerage that provides retail and institutional clients with access to trade a wide range of financial instruments, including Forex, Indices, Commodities, and Stocks, through the MetaTrader 5 platform. The company's mission is to offer a transparent, secure, and technologically advanced trading environment, supported by dedicated customer service. It is registered in Mauritius and claims to be regulated by the Financial Services Commission (FSC) of Mauritius.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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Supa Magontong Group

Australia

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.