Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information
What is MIC？
MIC, short for MEGA Investments Company, is a global securities brokerage based in Egypt. Founded in 2006, it provides online trading services to its clients. However, it is important to note MIC is currently not regulated by any recognized financial authorities which raises concerns when trading.
In the following article, we will analyze the characteristics of this securities brokerage from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the company's characteristics at a glance.
Pros & Cons
Is MIC Safe or Scam？
When considering the safety of a financial company like MIC or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a financial company:
Regulatory sight: It is not regulated by any major financial authorities, which means that there is no guarantee that it is a safe platform to trade with.
User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums.
Security measures: MEGA Investments implements a voluntary compliance system based on investment business ethics, surpassing the standard market regulatory requirements as an additional security measure.
Ultimately, the decision of whether or not to trade with MIC is a personal one. You should weigh the risks and benefits carefully before making a decision.
Services
MIC provides a comprehensive range of services, including Personal Brokerage/Execution Service, catering to investment professionals' needs with online trading, same-day trading, and margin trading facilities.
Additionally, the company provides Institutional Brokerage services to meet the requirements of institutional clients.
For global exposure, GDR Execution enables seamless trading of Global Depository Receipts, while OTC Execution offers flexible and tailored solutions for various financial instruments.
Client Services focus on Investor Profiling, Account follow-up, and personalized presentations to cater to client's specific needs. The Internet-Based Account Management provides convenient access to account-related information. Daily and Weekly Forward-Looking Commentary keeps clients informed about market trends and developments.
Research services further support clients' decision-making processes with in-depth analysis and insights.
Trading Tools
MEGA Investments provides traders with an essential trading tool known as Market Watch, enhancing their trading experience and decision-making process. The Market Watch feature offers real-time and comprehensive data on a wide range of financial instruments, including currency pairs, stocks, commodities, and indices. Traders can monitor market movements, track price changes, and analyze trends, enabling them to stay updated on market developments, optimize their trading strategies and make informed trading decisions.
Customer Service
MIC provides multiple customer service options to assist its clients. Customers can reach out to MIC through various channels to address their queries and concerns as below:
Suggestions Email: compliance@mega-invetments.com.
Mega E.Trade Email: etrade@mega-invetments.com.
Head Office:
Mega Investments Securities
58 Syria St., Mohandessen, Giza,
12411, Egypt
Tel: +20 -2- 37489888
Fax: +20 -2- 37488820
Tanta Branch:
Al Aml building , in front of street 306, Tanta, El Gharbia, Egypt
Tel: +20-40-3403340
Fax: +20-40-3409995
Alexandria Branch:
34 Ahmed Yahya St, apartment 165, Zizania, Alexandria, Egypt.
Tel: +20 3 5821389; +20 3 5821385
Fax: +20 3 5821385
Besides, as part of their comprehensive customer support services, MIC offers a user-friendly “Contact Us” form, allowing clients to conveniently reach out to the company with their inquiries, concerns, or any assistance they may require regarding trading platforms, financial products, or other related services.
Conclusion
According to available information, MIC is a non-regulated Egypt -based security brokerage company. It provides traders with range of financial services including Personal Brokerage/Execution Service, Institutional Brokerage, GDR Execution, OTC Execution, CLIENT SERVICES, Daily and Weekly Forward Looking Commentary, Research services. However, it is important to consider certain factors such as lack of regulations that may raise concerns, it is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from MIC before making any investment decisions.
Frequently Asked Questions (FAQs)
