BrokersView
Search
Download
English
Sign In

Micron Group

Save

Operating status: SCAM

Website: https://microngroup.ltd/fr

Broker violations and abnormal records
  • 2023-07-12 The French AMF issued a warning against Micron Group

    On July 13, 2023, the Financial Authority (Autorité des Marchés Financiers, AMF) added Micron Group to warning list for it being an unauthorized company engaging in forex activities: https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224

    On July 13, 2023, the Financial Authority (Autorité des Marchés Financiers, AMF) added Micron Group to warning list for it being an unauthorized company engaging in forex activities: https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224
  • 2023-07-13 BrokersView has reviewed that Micron Group is an unregulated broker

    Micron Group displays the Legal Entity Identifier (LEI) as the license to support its legitimacy. However, the LEI only works to enable clear and unique identification of legal entities engaging in financial transactions. Having an LEI doesn't mean being authorized to legally engaging in financial activities.

    Additionally, the Financial Authority (Autorité des Marchés Financiers, AMF) has added Micron Group to warning list for it being an unauthorized company engaging in forex activities.

    In essence, Micron Group is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Micron Group displays the Legal Entity Identifier (LEI) as the license to support its legitimacy. However, the LEI only works to enable clear and unique identification of legal entities engaging in financial transactions. Having an LEI doesn't mean being authorized to legally engaging in financial activities.Additionally, the Financial Authority (Autorité des Marchés Financiers, AMF) has added Micron Group to warning list for it being an unauthorized company engaging in forex activities.In essence, Micron Group is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

How to trade with Micron Group? Where can I open an account?

Matthew Dusting
San Marino
2023-07-21
ANSWER Given it's unregulated status and the warning it has received, we strongly suggest you drop the plan to engage with Micron Group, a fraudulent trading platform posing huge risks to both funds and personal information.Micron Group is trying to use the Legal Entity Identifier (LEI) to convince unsuspecting investors that they are legitimate. However, the LEI only works to enable clear and unique identification of legal entities involved in financial transactions. Having an LEI doesn't mean being authorized to legally engaging in financial activities.Additionally, the Financial Authority (Autorité des Marchés Financiers, AMF) has added Micron Group to warning list for it being an unauthorized company engaging in forex activities. You can read the full warning here.In conclusion, dealing with Micron Group could lead to financial losses and identity theft as there are no legal protections to safeguard investors. Therefore, to mitigate such risks, investors are encouraged to stay away from unlicensed brokers like Micron Group and instead choose a fully regulated one.
See more

1 comments

Veaceslav Velciu
В 2023 году меня обманули на 4500 долларов, до сих пор оплачиваю кредит, мошенники, как можно вернуть деньги?
2024-08-14
Reply
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.