MGK GLOBAL Review: Regulation, Spreads & Leverage
STP/ECN broker based in Malaysia with MetaTrader 4, a $30 minimum deposit and leverage up to 1:500.
- STP/ECN
- 1:500 Leverage
Your money is at risk
In this MGK GLOBAL review
MGK GLOBAL overview: what kind of broker is it?
MGK GLOBAL is an STP/ECN forex and CFD broker based in Malaysia, founded in 2015. No.
Traders get MetaTrader 4, spreads from 1 pips, leverage up to 1:500 and a low $30 minimum deposit. New clients can also check the current Yes.
MGK GLOBAL broker specifications
Company and regulation
| Broker | MGK GLOBAL |
|---|---|
| Regulated by | No |
| Type of broker | STP/ECN |
| Country | Malaysia |
| Foundation year | 2015 |
| Website | Visit MGK GLOBAL website |
| Website languages | English, Italian, Russian, French, Spanish, Arabic amd More |
Trading conditions
| Minimum deposit | $30 |
|---|---|
| Maximum leverage | 1:500 |
| Minimum spreads | 1 pips |
| Base currencies | USD/EUR & More |
| Tradable instruments | — |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | No |
Bonus and promotions
| Current promotion | Yes |
|---|---|
| Welcome bonus | Yes |
| Standard no deposit bonus | No |
Contact details
| Telephone | +60 (03) 2615-2661 |
|---|---|
| info@mgk-global.com | |
| Fax | Not available |
| Head office | Block A, Lot 5, 2nd Floor,Lazenda Phase 3 Shophouse,Off Jalan OKK Abdullah W.P.87007 F.T. Labuan, Malaysia |
MGK GLOBAL bonus
MGK GLOBAL promotes a Yes for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the MGK GLOBAL bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the MGK GLOBAL website before you claim.
MGK GLOBAL pros and cons
Pros
- Regulated: No
- Yes for new traders
- Low $30 minimum deposit
- Spreads from 1 pips, STP/ECN execution
- MetaTrader 4 on every device
- Islamic, mini, VIP and managed accounts
Cons
- No MetaTrader 4 or cTrader
- Bonus comes with trading-volume rules
MGK GLOBAL account types
MGK GLOBAL offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $30 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | No |
MGK GLOBAL trading platforms
MGK GLOBAL runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
MGK GLOBAL deposit and withdrawal methods
The same 4 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is MGK GLOBAL safe and legit?
MGK GLOBAL is a regulated broker. No.
Our verdict on safety
MGK GLOBAL is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
Who should choose MGK GLOBAL?
Good fit for
- Traders who want MT4
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
- You prefer MT4 or cTrader
MGK GLOBAL FAQ
Is MGK GLOBAL regulated?
Yes. No.
What is the MGK GLOBAL minimum deposit?
The minimum deposit to open a live MGK GLOBAL account is $30.
Does MGK GLOBAL offer a bonus?
MGK GLOBAL currently promotes a Yes for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at MGK GLOBAL?
Leverage goes up to 1:500. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does MGK GLOBAL use?
MGK GLOBAL uses MetaTrader 4.
Does MGK GLOBAL offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at MGK GLOBAL?
You can use Credit/debit cards, Wire transfer, Neteller and Skrill.