Global Broker Regulation Inquiry App
WikiFX
Unverified
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/10
MGK International
Malaysia
|
5-10 years
|
Suspicious Regulatory License
|
MT4 Full License
|
Regional Brokers
|
High potential risk
https://mgk-global.com/en/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
MGKGlobal-Live-UK-4
United Kingdom
2
Influence
D
Influence index NO.1
Japan 2.60MT4/5 Identification
MT4/5 Identification
Full License
2
Server Name
MGKGlobal-Live-UK-4 MT4
Server Location United Kingdom
United KingdomInfluence
Influence
D
Influence index NO.1
Japan 2.60Surpassed 22.30% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
info@mgk-global.com
https://mgk-global.com/en/
Lot 1-3A, First Floor Paragon Jln Tun Mustapha, 87000 WP Labuan
Licenses
Licensed Entity：MGK Global Limited
License No. MB/12/0003
Keywords 5
5-10 years
Suspicious Regulatory License
MT4 Full License
Regional Brokers
High potential risk
Warning: Low score, please stay away!
2025-10-30
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
3
Basic Information
Registered Region Malaysia
MalaysiaOperating Period
5-10 years
Company Name
MGK Global Limited
Abbreviation
MGK International
Company employee
--
Customer Service Email Address
info@mgk-global.com
Company Website
Company Address
Lot 1-3A, First Floor Paragon Jln Tun Mustapha, 87000 WP Labuan
Related Software
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT4
1
MT4 Servers
0
MT5 Servers
155.67
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 4
Perfect
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Official website
Website
mgk-global.com
108.61.220.191
Server Location
United StatesICP registration
--
Most visited countries/areas
--
Domain Effective Date
2012-09-10
Website
WHOIS.ENOM.COM
Company
ENOM, INC.
Genealogy
VIP is not activated.Open Now
Relevant Enterprises
MGK INTERNATIONAL(France)
Active
France
Registration No. 834861866
Established 2018-10-04
Related sources Website Announcement
Employees
Company Summary
| MGK InternationalReview Summary | |
| Founded | 5-10 years |
| Registered Country/Region | France |
| Regulation | Regulated by LFSA (Suspicious Clone) |
| Demo Account | ❌ |
| Trading Platform | MT4 |
| Customer Support | Email: info@mgk-global.com |
MGK International Information
MGK International, founded 5-10 years ago, is registered in France. The broker offers three account types, provides the MT4 trading platform, and supports six deposit methods, making it a versatile choice for traders. However, its regulatory status is suspicious clone.
Pros and Cons
| Pros | Cons |
| Offers three account types | Suspicious clone |
| Provides MT4 trading platform | Demo account unavailable |
| Offers six deposit methods | No information on available trading products |
Is MGK International Legit ?
MGK International is regulated by the Labuan Financial Services Authority (LFSA) of Malaysia and holds license number MB/12/0003. However, its regulatory status is suspicious clone.
Account Type
MGK International offers three main account types: Normal Account, SPEED Account, and MAM/PAMM Accounts.
| Features | Normal Account | SPEED Account | MAM & PAMM Accounts |
| Target Users | General traders and EA programmers | Veteran traders and fast execution needs | Fund managers and investors |
| Trading Method | Non-Dealing Desk (NDD) | Non-Dealing Desk (NDD) | Non-Dealing Desk (NDD) |
| Backtesting Function | Available on MT4 with historical data | Not specified | Not specified |
| Leverage Flexibility | Standard | Flexible, allows customized leverage options | Flexible, adjustable for sub-accounts |
| Trade Execution Speed | Regular execution | Super-fast, minimal delays | Depends on manager's settings and allocation method |
| Spread & Commission | Excellent rates and narrow spreads | Low spreads, fast execution | Cheaper commission and spreads |
| Performance Fees | Not applicable | Not applicable | Automatically deducted based on contract terms |
| Order Allocation | No allocation system | No allocation system | Allocated based on percentage or fixed lots |
| Account Flexibility | Standard trading flexibility | Fast execution with minimal server interference | More flexibility in risk allocation and trade sizing |
| Withdrawals | Client‘s discretion | Client’s discretion | Manager cannot withdraw; clients manage deposits and withdrawals |
| Additional Features | Supports 5 daily bars for accurate EA operation | Sophisticated algorithms for quick execution | Low operating costs due to investor-manager relationship |
Trading Platform
MGK International supports MT4 but does not support MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Mobile and Desktop（Windows & macOS） | Beginner |
| MT5 | ❌ | Mobile and Desktop（Windows & macOS） | Experienced Trader |
Deposit and Withdrawal
MGK International offers six deposit methods, including bitwallet, wire transfer, BXONE, Bitcoin (BTC remittance), Ethereum (ETH remittance), and USDT (Tether remittance). The minimum withdrawal amount is US $50.00 (after transfer fees).
For bitwallet and BXONE, a dedicated account is required, with processing times of 24 hours and an unspecified timeframe, respectively. Wire transfers typically take 2-3 business days, while Bitcoin, Ethereum, and USDT deposits do not require a dedicated account and are reflected within 1-2 business days.
Keywords
- 5-10 years
- Suspicious Regulatory License
- MT4 Full License
- Regional Brokers
- High potential risk
Wiki Q&A
Xxpro 
1-2 years
Is MGK International a regulated broker?
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
Regulation
08-03
United States
Sanjay sirohi
1-2 years
What are the fees at MGK International?
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
Fees and Spreads
08-01
United States
tabawan_dreamer
1-2 years
Does MGK International offer a demo account?
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
Instruments
Platform
Leverage
Account
07-27
United States
Дмитрий
1-2 years
What assets can I trade on MGK International?
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
Leverage
Platform
Account
Instruments
07-18
United States
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