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
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Bonus Offer MGK
MGK GLOBALMalaysia
4.1/5
Regulated byNo
PromotionYes
HeadquartersBlock A, Lot 5, 2nd Floor,Lazenda Phase 3 Shophouse,Off Jalan OKK Abdullah W.P.87007 F.T. Labuan, Malaysia
Founded2015
Min. deposit$30
Max leverage1:500

Your money is at risk

2015Founded
$30Minimum deposit
1:500Max leverage
1Pips from

In this MGK GLOBAL review

  1. MGK GLOBAL overview
  2. Full broker specifications
  3. MGK GLOBAL bonus
  4. Pros and cons
  5. Account types
  6. Trading platforms
  7. Deposits and withdrawals
  8. Is MGK GLOBAL safe?
  9. FAQ

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

BrokerMGK GLOBAL
Regulated byNo
Type of brokerSTP/ECN
CountryMalaysia
Foundation year2015
WebsiteVisit MGK GLOBAL website
Website languagesEnglish, Italian, Russian, French, Spanish, Arabic amd More

Trading conditions

Minimum deposit$30
Maximum leverage1:500
Minimum spreads1 pips
Base currenciesUSD/EUR & More
Tradable instruments—
Hedging / scalpingAllowed
News tradingAllowed
Trading in publicNo

Bonus and promotions

Current promotionYes
Welcome bonusYes
Standard no deposit bonusNo

Contact details

Telephone+60 (03) 2615-2661
Emailinfo@mgk-global.com
FaxNot available
Head officeBlock A, Lot 5, 2nd Floor,Lazenda Phase 3 Shophouse,Off Jalan OKK Abdullah W.P.87007 F.T. Labuan, Malaysia
FREE

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

  1. Open a live account through the Visit Broker button.
  2. Verify your email, phone number and identity (KYC).
  3. Request the bonus from your client area or from support.
  4. 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 accountYes – practise with virtual money
Mini accountYes – smaller trade sizes for beginners
VIP accountYes – for high-volume traders
Islamic (swap-free)Yes – no overnight swap charges
Managed accountYes
Segregated client fundsNo

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.

MetaTrader 4Desktop

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

Credit/debit cardsWire transfer

E-wallets

NetellerSkrill

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.

4.1 OUT OF 5
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.

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.