MIC
We checked MIC against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
MIC is not a reliable broker for traders even though it states offers that look good to be true. MIC claims to be registered in Hong Kong. However, we did not find any match results to MIC in the Hong Kong regulator Securities And Futures Commission (HK SFC). That means MIC is not an approved broker in Hong Kong. Besides, MIC claims it has branches in China mainland and the United States. As per the information we hold, There are no authorities that issue licenses for forex trading or regulate forex activities on China's mainland. Then we searched in the US regulator National Futures Association (NFA) but did not find any matching results to MIC. That means MIC is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is 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 MIC.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.