Brokers  /  M&G

M&G

Moderate risk
🇮🇪 Ireland · 5-10 years · since 2018-10-30 · M&G Investments
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Independent ratingshow third parties score this broker
WikiFX5.19/10
Trustpilot/5
Forex Peace Army/5
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M&G operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
29
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): FCA
  • 6 user exposure/complaint reports filed
  • Withdrawal complaints in ~114% of recent reviews
  • No verifiable website or social-media presence
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 & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)7510%

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 nameM&G Investments
Headquarters🇮🇪 Ireland
Founded2018-10-30
Years operating5-10 years
Employees0
Official website
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FCAInst Forex Execution (STP)119328United KingdomRegulated

Review analysis AI

Across 7 recent Trustpilot reviews, 86% are 1–2 star. The single most common complaint is being unable to withdraw funds (8 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
Taiwan3
Argentina1
St. Barthelemy1
Mexico1
Philippines1

Real user reviews

Where M&G operates

Active across 47 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India
🇺🇸 United States
🇹🇭 Thailand
🇮🇹 Italy
🇸🇬 Singapore
🇨🇦 Canada
🇰🇭 Cambodia
🇧🇷 Brazil
🇲🇾 Malaysia
🇫🇷 France
🇪🇸 Spain
🇲🇹 Malta
🇿🇦 South Africa
🇩🇪 Germany
🇳🇱 Netherlands
🇮🇩 Indonesia
🇵🇹 Portugal
🇦🇺 Australia
🇬🇧 United Kingdom Licensed
🇦🇷 Argentina 1 complaint
🇲🇽 Mexico 1 complaint
🇵🇭 Philippines 1 complaint
🇹🇼 Taiwan 3 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About M&G

M&G is a forex and CFD broker based in Ireland, with records dating to 2018-10-30. It reports oversight from FCA.

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

Overview compiled by FXCanary from regulatory records and public data. full M&G review