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MGK GLOBAL review

MGK GLOBAL review: regulation (No), minimum deposit 30, leverage up to 1:500, platforms and current bonuses.

3.7of 5
Open account
Minimum deposit30
Max. leverage1:500
Spread from1 Pips
Founded2015

Trading conditions

Broker type
STP/ECN
Minimum deposit
30
Maximum leverage
1:500
Minimum spread
1 Pips
Platforms
MetaTrader 4
Account currencies
USD/EUR & More

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
No
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Credit/debit cards, Wire transfer, Neteller, Skrill
Withdrawal methods
Credit/debit cards, Wire transfer, Neteller, Skrill

Company

Regulation
No
Founded
2015
Country
Malaysia
Address
Block A, Lot 5, 2nd Floor,Lazenda Phase 3 Shophouse,Off Jalan OKK Abdullah W.P.87007 F.T. Labuan, Malaysia
Website languages
English, Italian, Russian, French, Spanish, Arabic amd More
Phone
+60 (03) 2615-2661
Email or Skype
[email protected]

MGK GLOBAL pros and cons

Pros

  • Regulated by No
  • Low minimum deposit: 30
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

MGK GLOBAL FAQ

Is MGK GLOBAL a safe and regulated broker?

MGK GLOBAL was founded in 2015 and is regulated by No. Your protection depends on which MGK GLOBAL entity opens your account.

What is the minimum deposit at MGK GLOBAL?

The minimum deposit at MGK GLOBAL is 30. Payment providers may set their own minimum amount.

What is the maximum leverage at MGK GLOBAL?

MGK GLOBAL offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does MGK GLOBAL offer a no deposit bonus?

No. MGK GLOBAL does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does MGK GLOBAL offer?

MGK GLOBAL supports MetaTrader 4. Mobile trading is available.

Does MGK GLOBAL allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does MGK GLOBAL offer an Islamic (swap-free) account?

Yes. MGK GLOBAL offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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MGK GLOBAL – NoOpen account