MGK GLOBAL

MGK GLOBAL
MGK Global Limited

User Reviews

Review

MGK GLOBAL Global Menu

Pros and Cons of MGK GLOBAL

Pros of MGK GLOBAL

  • No bonus conditions
  • Labuan FSA license
  • Segregated client funds

Cons of MGK GLOBAL

  • No bonus of any kind
  • Limited instruments
  • Bank-transfer-only funding
Review

Overview of MGK GLOBAL

MGK GLOBAL offers no bonuses or campaigns; its appeal is a Labuan-licensed operator and segregated funds.

Overview

Max Leverage 200:1
Negative Balance NBP Supported
Japanese Support Desk Japanese Unavailable
Trading Platforms
(Trading Softwares)

CompanyCompany Profile

Legal Name
(Company)		 MGK Global Limited
Founded Year Since 2015 (11 years)
Country Malaysia (Labuan)
Licenses
(Regulations)		 Not licensed or registered

*All information on this website is referred from original ones where each Forex Broker's official homepage describes at the time. Some information on the website are summarised to make viewers understand each service better. It maybe different from the service provided to you depends on the account type and platform you use. Although we strive to provide the newest and correct information at anytime, we do not guarantee the accuracy of those information. Please make sure checking terms and conditions and other trading options on yourself.

MGK GLOBAL Table of Contents

  1. MGK GLOBAL and Bonuses: What Readers Should Know Upfront
  2. Merits and Drawbacks of a No-Bonus Broker
  3. Pros and Cons for Bonus Hunters
  4. Are MGK GLOBAL's Promotions Worth It?
  5. FAQ

MGK GLOBAL and Bonuses: What Readers Should Know Upfront

MGK GLOBAL offers no bonuses or campaigns. Its case rests on a Labuan FSA license, client funds segregated at OCBC Bank, and clean NDD trading conditions at up to 1:200 leverage.

Specification Detail
Signup Bonus None
Deposit Bonus None
License Labuan FSA (MB/12/0003)
Minimum Deposit 20,000 yen

Merits and Drawbacks of a No-Bonus Broker

Without bonuses there are no volume conditions on withdrawals, and the SPEED account offers a $7 round-turn commission structure aimed at scalpers. The drawbacks are no promotional capital, few instruments, and bank-transfer-only funding.

Pros and Cons for Bonus Hunters

Pros Cons
No bonus conditions No bonus of any kind
Labuan FSA license Limited instruments
Segregated client funds Bank-transfer-only funding

Are MGK GLOBAL’s Promotions Worth It?

MGK GLOBAL is not a bonus broker, and readers seeking promotions should look elsewhere.

FAQ

Does MGK GLOBAL offer a bonus?
No.
Is it regulated?
Yes, by the Labuan FSA (an offshore regulator).
What is the minimum deposit?
20,000 yen.

Frequently asked questions

Is it free to open accounts with MGK GLOBAL?

Yes, there is no involved cost for opening accounts with MGK GLOBAL.

What's the maximum leverage avaiable with MGK GLOBAL?

The maximum leverage available with MGK GLOBAL is 1:200. *The available leverage can be different depending on the account type, balance and other conditions.

Does MGK GLOBAL support NBP (Negative Balance Protection)?

MGK GLOBAL supports NBP (Negative Balance Protection). In case an account balance goes below zero due to extreme market volatility, the balance will be adjusted to zero as MGK GLOBAL covers the exceeded loss.

Does MGK GLOBAL has customer support in Japanese?

No, MGK GLOBAL does not provide service (website or customer support) in Japanese If the service becomes available in Japanese in the future, the information will be updated in MGK GLOBAL's company introduction page.

Which trading platforms are available with MGK GLOBAL?

With MGK GLOBAL, you can use trading platforms such as MetaTrader4.

Who is MGK GLOBAL? What financial company is this?

MGK GLOBAL was founded in 2015.

Where is MGK GLOBAL's office located?

MGK GLOBAL is a Forex Broker based in Malaysia (Labuan).

Is MGK GLOBAL's service registered and licensed?

MGK GLOBAL does not have any financial licenses or registrations. In case the company acquires new licenses or registrations, the information will be updated in MGK GLOBAL's company introduction page.

List of All FAQs

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