MGK International

Xxpro

1-2年

Is MGK International a regulated broker?

WikiFX 回答

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.

Broker Issues

MGK International

Regulation

08-03

美国

Sanjay sirohi

1-2年

What are the fees at MGK International?

WikiFX 回答

MGK International offers different spreads and commissions depending on the account type. The Normal Account provides excellent rates and narrow spreads, while the SPEED Account has low spreads and fast execution. The MAM & PAMM Accounts offer cheaper commissions and spreads, which can be great if I’m managing multiple trades. However, the specific commission details are not entirely clear, so I’d need to confirm further based on my trading needs.

Broker Issues

MGK International

Fees and Spreads

08-01

美国

tabawan_dreamer

1-2年

Does MGK International offer a demo account?

WikiFX 回答

No, MGK International doesn’t offer a demo account, which is disappointing for me. As a beginner, I like to practice on demo accounts to get comfortable with a platform before putting in real money. Without this option, I would have to dive straight into live trading, which adds a level of risk.

Broker Issues

MGK International

Platform

Account

Leverage

Instruments

07-27

美国

Дмитрий

1-2年

What assets can I trade on MGK International?

WikiFX 回答

MGK International offers a variety of assets, including forex, energy, metals, indices, and cryptocurrencies. However, I would have liked to see more asset types like bonds or options for further diversification. Still, the range of products is decent for someone who wants to trade across different markets like me.

Broker Issues

MGK International

Platform

Leverage

Instruments

Account

07-18

美国