MGC Logic 

As of today 09.12.2020 the website has gone, and the phone numbers don't work. I assume they've done a bunk with everyone's money now then? And a merry Christmas to you too MGC. May you come to know poverty and hard times, may you be blessed with illness, and may you come to know tragedy in your life. You people are the lowest of the low.

I held an account with MGC Logic from March-May 2020, I saw my original investment grow significantly, this encouraged me to invest more money.
My account was "Managed" yet without notice a healthy balance of over £15,000 was eaten up by fees to the tune of £14,903 in a few weeks. It then took approximately 5 months to get my balance £97.61 refunded. Compared to some I was lucky, I got my £97 back.
I would not recommend this company or those representing it, to anyone.

Following my experience, I have set up a Facebook Group to encourage other people that have had a genuine experience, good or bad, and wish to share MGC Logic - TheTruth. This will hopefully help other people in their own decision to trade or not with this company.

Please do not trust this company. It is unregulated and solely for poaching of investors monies. Ray Rosenburg and Mark Goldman are definitely fake identities of admins as mangers, while the real scammers will definitely be on the run soon. Cases have been reported to the right institution and chargeback services- FRD (which I’ve done and gotten all my money from being traced back).

Details to report by sending complains for recoup of money is tagged to header of this review if needed. Stay away from this company, if you haven’t invested yet.

So I opened an account with these scammers and as soon as I did, I realized i had made a mistake. So the only way i could get my money back was to play them. For around 5 months i told my accounts manager how good he was and how my business was up for sale for around 600k, and that i wanted to invest half of that into MGC Logic. He had already made some profits, so i told him I was worried about how long it would take to withdraw my cash. So he assured me that it wouldn't be a problem. So I asked to test my concerns and withdrew my initial investment, which he allowed. Then he ask me to invest my lump sum which i told him i had changed my mind. The next day i tried to log on to my account, but threy had deleted it with all the profits in. Out and out scammers, i new it from the start and i was lucky. STAY AWAY

I feel that I have been totally scammed by this Company.
Do not deal with them unless you wish to lose your money

I've just been scammed by MGC logic. I'm devastated. Yeah same guys Ray Rosenburg and Mark. Scammers. DON'T USE THIS COMPANY the lies and arrogance and yes bullying. PLEASE DON'T GET CAUGHT BY MGC do your research look at reviews.

Never open an account with MGC Logic. Unfortunately, we spent a lot of money in parts up to € 15000 after beautiful stories. The amount quickly grew to € 32000, but it could never be drawn in parts. Your account has been blocked and any withdrawal is not possible. It is unbelievable how it is possible for such a scam to take hold in our system and there is no body to stop such practices. In the previous reviews I have seen names that I recognize. I too believe that these are false names. A Russian person called Ray Rosenberg is also very special, the same goes for a Mark Goldman from Norway, which is all wrong. For people who have invested their money, this is bad news and for those who plan to do it, DON'T DO IT AND KEEP YOUR MONEY IN YOUR BAG!

Please do not touch this company, a complete scam! You will have a bullying account manager that will hassle you to put more money into investing and will assure you of huge gains - try to get your money out and it is another scenario. Completely abusive and bullish behaviour, I dealt with Ray Rosenberg (probably not his real name) and I had absolutely no control of account. Its an unregulated company that should be avoided

DO NOT Trust this company, They are a complete SCAM. Luckily I only lost £250 but it could've been more. They ask you to invest a minimum of £250 and then you start to make a bit of money, They then ask for more money I.e £1000 - £2500. I've tried to withdraw my money but had no luck in receiving it back.

PLEASE DO NOT TRUST!!! This company wants to know all your finances. They try to get you to put a minimum of 1000 pound into the account. It's taken over a week and still haven't got my money back. This site should be closed down.

One start is far to much. I'm regreting that I decided to go with MGC Logic. I'm trying to withdraw my money since beginning of June 2019 and they can't do it! Avoid avoid avoid!!! Peter Bergman who is Trading floor manager is lying every single time when I try to contact him. you just can't trust them at all. They will take your money and that is their strategy!

Don't trust MGC Logic, I have bad experience with them. I did it request of withdrawal of £215 on 21/02/2020 and I don't get it ... i had to talk to Sophie , she promised that the money will be transferred between 3-5 working days already 7 weeks have passed, no money ... think for yourself if they have trouble transferring 215 pounds, that's what we're talking about for bigger money. I do not recommend to anyone. 31/05/2020 I am still waiting for money...

If there was a no star option I would use it on these guys. Put in £250 and immediately over two weeks had a £90 profit. That is when the trouble started. I should put in more money they said. I said no as at this rate they will accumulate a nice sum but I was suspicious as trading activity indicated only profits - no losses. They then changed tack and said the amount I had invested would not make them any money - I said if they accumulated at the rate they were going chances are it soon would. Then it got abusive so I said ok I will withdraw all the money and on their portal withdrew the total sum £340 odd pounds. I received back eventually £223. I count myself lucky.
If the firm was real and legitimate it would have funded at least my full investment as there were profits to fund the transfer back and earn them some money - now they have another disgruntled person.

Names of individuals at their end were Tony Allen, Meg White and Anna Davis..

Another thing when I tried to ring any of their advertised telephone numbers all there was was an automated message saying their offices were closed.

18-03 I made deposit. But my life situation has changed.
I have not signed the acceptance of the transfer what I have made.
Then 20-03 I make withdrawal and I send email about withdrawal and my life situation, I get answer, I must wait 7-14 work days.
I send also email I do not agreeing to transactions and disposing of that money.
On 30-03 I check- somebody from company canceled the withdrawal,
On 31-03, the account manager (James S) contact with me and said that the money gone.
ONE BIG SCAM

Biggest scam
Account ID, 200224897768
I joined the company and thought everything would go as they said over the phone when i did join the company.so i changed my mind within 24 hours becuase reading the review of this company put me off alot.
The account manager PAUL Murphy(not sure Real name) who was realy been nice to me first time he spoken to me,and tryin to convenience me to invest alot more then whay i have so i decided to invest £250.
When i changed my mind not to invest my money and Withdraw my money so i put a request for withdraw and got email email sayin my account manager will ring me to authorise and then i can able to withdraw, so when i spoken to Paul Murphy i told him i dont want to trade and i want to withdraw my money.
so paul murphy started to force me to trader for another week or i will not get my money back,i said its my money and i have changed my mind and its up to me if i want to trade or not, so paul Murphy started to blackmail me and said either do it or forget about your money,another words blackmailling me to trader or its your loss and said im not gna talk if your not going to trade
So i have decided to contact police and financial adviser regrding this copmany to get my money back.
I would go to court if i have to get my money back,BIGEST FRAUDSTER ONLINE GOING DONT TRUST THEM,DONT LISTEN TO THERE SWEET TALK TRYIN TO GET YOU INVEST MONEY.
Reported them to Action Fraud uk and will get to bottom of this.

This is a scam. They took my £520 and ask me put more money and saying me they didn’t received payment. My bank told me money has deducted from my account. They are big frauds. Don’t even think to do any business with them.

Only got 1 star because there are no zero grades.

Big scam, constantly called to invest, then sudden margin alert. Hey you got to invest, now, such rubbish!!!

Company says can cancel anytime that is what I tried to do 3 days ago. Request ignored.

I look today and suprise surprise all trades sold initial investment gone balance 26€, where has my money gone.....??????

Will be going after these bunch of scamming thieves.

Dont believe the hood reviews, trust me they are fake!!!

You been warned....

is A scam....
I cant withdraw, and the phone number all fake cant be contacted

and when I able talk... they are very rude and keep put u on different people and harrassing you and prevent you for cancelling or withdrew your account

please becarefull and AVOID at ALL COST.....

I Lost all my Money in the account eventhough they promise to refund it,

This company is a scam...account manager promised to help me withdraw money but I could never get in touch with him again...not even the customer service department is responding anymore...I have lost most of my money already...very sad and upset...

I had $2600us in my account and had a family emergency. I asked my Manager to cancel my account so I could use my money for my mother's funeral. John Hanson said NO. He then reinvested MY money in Silver stocks, and Lost it all. Stay away from this company.