About maikewei
Overview
Maikewei is a broker registered in China and founded on 29 April 2019. Its official domain is michaelforex.com. The broker claims to be regulated by the UK Financial Conduct Authority (FCA), but the status of this licence is listed as empty in our records, which raises significant concerns about its validity.
Given the lack of publicly available information and the high scam risk score assigned by FXCanary, traders should approach this broker with extreme caution. No independent user reviews or detailed operational data are currently available to assess its trustworthiness.
Regulation and Risk
Our records indicate that Maikewei is listed with the FCA under a Market Making (MM) licence, but the status field is empty. This means the licence may be unauthorised, lapsed, or not properly verified. The FXCanary Scam Risk Score of 85 out of 100 is classified as 'Severe', indicating a high likelihood of potential fraud or misconduct.
Without clear regulatory oversight or a verifiable licence status, funds deposited with this broker may be at substantial risk. We recommend that traders only consider brokers with active regulatory licences from reputable authorities.
Background
The broker operates under the name maikewei and is registered in China. Its domain, michaelforex.com, suggests a focus on forex trading, but no official website content or service details are available from our sources. The company was founded in 2019, making it relatively new in the industry.
Because of the limited public record, there is no information on the broker's account types, trading platforms, instruments, or funding methods. Traders should be wary of any unsolicited offers or promises from this entity.
Overview compiled by FXCanary from regulatory records and public data. full maikewei review