MGF Capital
We checked MGF Capital against the AskCheck register. It has been reported (2025) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
While MGF Capital's website claims to be registered with the Australian Securities and Investments Commission (ASIC), it conspicuously omits critical details such as its legal entity name, license number, and registered business address, making independent verification extremely difficult. During our investigation, we did locate a similarly named entity in ASIC’s public register: MGF CAPITAL PTY LTD, which has held an ASIC license since 2012. However, this legitimate company has not registered any domain names with ASIC, and more tellingly, the website of MGF Capital was only bulit in January 2025. This significant time gap strongly suggests that the platform may be impersonating the licensed entity by misappropriating its regulatory credentials to appear legitimate. Given these red flags, MGF Capital appears to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report MGF Capital.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.