Global Broker Regulation Inquiry App
WikiFX
Xxpro 
1-2 years
Is MGK International a regulated broker?
Broker Issues
Regulation
08-03
United States
WikiFX
Reply
MGK International claims to be regulated by the Labuan Financial Services Authority (LFSA) of Malaysia with license number MB/12/0003. However, its regulatory status is unverified, which makes me cautious. I prefer brokers with fully verified regulatory status to ensure safety and legal compliance, so the unverified label here raises concerns.
