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MGK Global Guide - Read our In Depth 2025 MGK Global Review

This detailed MGK Global review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, Share Dealing.

Learn more about MGK Global.

Benefits of Trading with MGK Global

MGK Global Review 2025 Quick Summary
💰 Min Deposit 30
👱‍♂️ Used By 10,000 MGK Global users and traders
📆 Founded 2008
🌍 HQ Malaysia
👮‍♂️ Regulation FSA (Financial Services Authority Malaysia) (LL08755)
🚫 Excluded Countries MGK Global is not available in the following countries :

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Your capital is at risk

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What is MGK Global?

MGK Global are a worldwide financial trading platform and broker. founded in 2008

Over 16 years later MGK Global now serves over 10,000 retail investors Forex trading, and Share Dealing trading.

MGK Global are a global broker. MGK Global have a head office in Malaysia.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this MGK Global review and assess how well the MGK Global platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like MGK Global. Choosing or shortlisting a trading platform like MGK Global can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like MGK Global.

As a result, selecting the right trading platform like MGK Global requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like MGK Global available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like MGK Global requires thorough due diligence and careful consideration. Some MGK Global trading features can be complex when trading on mobile or using the MGK Global online trading platform. Beginners and inexperienced traders must take the time to learn how to use the MGK Global trading tools properly. In our review of MGK Global we explain the pros and cons. What MGK Global offer, countries MGK Global are available in. Who MGK Global are regulated by and more.

MGK Global Review Screenshot

When it comes to online trading with brokers like MGK Global, carefully review MGK Global as your broker can make or break your success. Choosing the right broker is essential to ensure your MGK Global investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your MGK Global review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of MGK Global. You must also ensure the MGK Global broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, MGK Global needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with MGK Global into easily digestible information in this MGK Global review. We want to ensure you have all the knowledge necessary to use the MGK Global trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with MGK Global are the key to successful trading, so we've provided this detailed MGK Global review. So, take a seat, grab a cup of coffee, and dive in to learn about MGK Global and how it can benefit you or if MGK Global is not for you.

Online investing with MGK Global can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with MGK Global, evaluating the MGK Global platform is important. Evaluation includes researching the MGK Global management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with MGK Global. That's why it's essential to understand the MGK Global company policies and practices before making any investment decisions. By doing your due diligence and understanding MGK Global platform, you can make informed investment choices that align with your financial goals. So take the time to research MGK Global thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this MGK Global review you need to determine if MGK Global is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to MGK Global, so you can make a more informed decision and compare other brokers against MGK Global.

If you want to look at some MGK Global alternatives that might better fit your needs, we list and compare some of the best MGK Global alternatives further down this MGK Global review.

Trading online with MGK Global requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the MGK Global trading tools and features. You must know what you are doing when trading with MGK Global. That's why we've compiled this detailed MGK Global review with some important information that will hopefully make you more informed when online trading with MGK Global.

MGK Global Review Table of Contents

MGK Global review
MGK Global is a Multi-Assets Trading Platform with over 167+ Assets

Learn more about MGK Global. MGK Global is a multi asset platform with 167+ tradable Assets. Assets available on MGK Global include Forex trading, Share Dealing.

MGK Global trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, Share Dealing are considered financial assets.

Features of MGK Global

MGK Global review
What you should know

MGK Global offer two ways to trade: Forex trading, Share Dealing. The assets and products available to you on the MGK Global trading platform depends on the region of the world, you are in and the MGK Global entity you have an account.

With MGK Global you will need a minimum deposit of $30. You can sign up for a demo account to acquaint yourself with MGK Global platform.

MGK Global are able to accommodate various levels of traders whether you are experienced or a beginner.

Are MGK Global safe?

When considering MGK Global for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as MGK Global, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2008, and in operation for 16 years MGK Global have a head office in Malaysia.

MGK Global is regulated. This means MGK Global are supervised by and is checked for conduct by the FSA (Financial Services Authority Malaysia) (LL08755) regulatory bodies.

MGK Global withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like MGK Global are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. MGK Global are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of MGK Global and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. MGK Global has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, MGK Global will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like MGK Global, you can enjoy peace of mind and focus on your trading activities. If MGK Global violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with MGK Global?

All payments made to MGK Global by traders are securely held in a segregated bank account.

MGK Global uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should MGK Global use them?

MGK Global partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their MGK Global clients' funds.

MGK Global clients can have greater confidence in their financial security when working with a Tier 1 bank because MGK Global are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in MGK Global deposited in a Tier 1 bank?

Depositing funds with MGK Global ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if MGK Global were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that MGK Global is a secure and safe platform.

Please be aware that trading in financial assets with MGK Global carries a risk of loss. MGK Global trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

MGK Global emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about MGK Global, let's closely examine its features.

To better understand the MGK Global trading platform, you can create two separate accounts - one with real money and the other a MGK Global demo account. A MGK Global demo account provides a risk-free environment for experimenting with the MGK Global platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in MGK Global trading decisions.

Open a demo account Visit MGK Global

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How MGK Global as a Company Compare Against Other Brokers

Broker mgkglobal IC Markets Roboforex eToro
Year Established 2008 2007 2009 2007
Head Office Malaysia Australia Belize Cyprus, UK
Regulation FSA (Financial Services Authority Malaysia) (LL08755) Seychelles Financial Services Authority (FSA) (SD018) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ MGK Global users 200,000+ IC Markets users 730,000+ Roboforex users 35,000,000+ eToro users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit MGK Global Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider.

MGK Global review
MGK Global Pros and Cons

What we like about MGK Global

  • Used by over 10,000 MGK Global users and traders
  • Established in 2008
  • Regulated by FSA (Financial Services Authority Malaysia) (LL08755)
  • Min. deposit from $30

What we don't like about MGK Global

MGK Global review
MGK Global Regulation and Licensing in more detail

MGK Global is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of MGK Global going into insolvency. MGK Global compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like MGK Global to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for MGK Global traders.

  • FSA (Financial Services Authority Malaysia) (LL08755)

MGK Global is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like MGK Global you should be sure they're legitimate online agent.

Is MGK Global Global?

Yes, MGK Global is global as MGK Global is available in over 194 countries.

MGK Global is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries MGK Global covers include the UK, Germany, South Africa, Thailand, China and Australia. MGK Global has a total of more than 10,000 users.

MGK Global review
MGK Global Fees Explained

  • MGK Global doesn't charge withdrawal fees.
  • MGK Global does not charge a fee for inactive accounts.
  • MGK Global doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from MGK Global are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

MGK Global Costs To Check

Modern brokers like MGK Global provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, MGK Global may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall MGK Global trading profitability.

How MGK Global Fees Compare Against Other Brokers

Broker mgkglobal IC Markets Roboforex eToro
Min Deposit 30 200 10 50
Withdrawal Fees No No No Yes
Inactivity Fees No No No Yes
Deposit Fees No No No No
CFD Commission Fees Yes No Yes

MGK Global Minimum Deposit

MGK Global requires a minimum deposit of 30 GBP/USD/EUR when opening an MGK Global trading account.

A minimum deposit is the minimum amount of money required by MGK Global to open a new online brokerage account with them.

Don't be scared off by brokers like MGK Global charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like MGK Global, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

MGK Global Withdrawal Fees

MGK Global doesn't charge withdrawal fees.

MGK Global Withdrawal rules may vary across different brokers when it comes to transferring funds from your MGK Global or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with MGK Global may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the MGK Global withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from MGK Global. Researching and comparing MGK Global withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing MGK Global funds frequently or dealing with large sums of money. Awareness of these MGK Global fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your MGK Global funds.

For example, MGK Global allows you to withdraw your funds to Bit Wallet, Bxone, Bitcoin, Ethereum, Tether, Wire Transfer, Saxo Bank, Debit Cards,VISA, Mastercard.

MGK Global Inactivity Fees

MGK Global does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by MGK Global terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all MGK Global fees and services. It's recommended that you check the MGK Global website before signing up. If you decide to close your MGK Global account, it's important to do so with the MGK Global broker customer support and obtain confirmation that no remaining MGK Global fees are due.

Brokers like MGK Global must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

MGK Global Deposit Fees

MGK Global does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

MGK Global Commission Fees

MGK Global does charge commission on CFD instruments.

Brokerage firms like MGK Global may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the MGK Global trading account level held by the trader.

MGK Global may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing MGK Global terms and conditions to understand the commission fees and any other charges that may apply is essential.

MGK Global review
What can you trade with MGK Global?

It's essential to note that the trading instruments offered under the MGK Global brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the MGK Global trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with MGK Global over 167 instruments in fact.

If you want to trade currency pairs on global Forex markets, MGK Global offer over currency pairs.

MGK Global Compared To Other Brokers

Compare MGK Global with IC Markets and Roboforex below.

Your capital is at risk

How MGK Global Trading Options Compare Against Other Brokers

Broker mgkglobal IC Markets Roboforex eToro
Instruments Available 167 2250 12000 6000
Platforms MT4, PC, Mac, Mobile Apps, Android (Google Play), iOS (App Store), Web MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web
FX / Currencies        
Forex pairs offered 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals No Yes Yes Yes
Energies No Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit MGK Global
Your capital is at risk 		Visit IC Markets
Losses can exceed deposits 		Visit Roboforex
Losses can exceed deposits 		Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider.

MGK Global review
Trading on MGK Global web platforms and other applications

MGK Global offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

MGK Global also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See MGK Global's platforms

Is the MGK Global Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the MGK Global trading platform to protect you on PC and mobile MGK Global platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using MGK Global web trading platforms.

MGK Global Trading Platform Options

After logging into your MGK Global account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that MGK Global does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

MGK Global does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options MGK Global gives you.

MGK Global review
MGK Global MetaTrader 4 (MT4)

MGK Global MetaTrader 4

MGK Global MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on MGK Global offers traders comprehensive features and tools to enhance their trading performance. The MGK Global MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the MGK Global platform to their needs. One of the standout features of MT4 is its charting functionality, which allows MGK Global traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give MGK Global traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 MGK Global trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the MGK Global MetaTrader 4 (MT4) trading platform. MT4 is a platform available with MGK Global, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The MGK Global MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. MGK Global allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with MGK Global in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. MGK Global MetaTrader 4 is compatible with the latest macOS. MGK Global allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on MGK Global

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade MGK Global MetaTrader 4 on iOS Devices

You can download the MGK Global app or trade with MGK Global through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. MGK Global customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade MGK Global MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and MGK Global offers its clients access to the MetaTrader 4 platform on these devices. With the MGK Global MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing MGK Global traders to stay on top of their trades and react quickly to changes in the market. With the MGK Global MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade MGK Global MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on MGK Global are a powerful bundle of three major indicators designed to help traders make informed decisions. MGK Global MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help MGK Global traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing MGK Global traders to potentially stay one step ahead.

MGK Global MetaTrader 4 Advanced Trading Tools

The MGK Global MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give MGK Global traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, MGK Global provides traders with everything they need to succeed. The MGK Global MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing MGK Global traders to analyze the market at any level of complexity.

Trade MGK Global MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

MGK Global MetaTrader 4 AutoChartist

Autochartist on the MGK Global platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for MGK Global MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, MGK Global traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save MGK Global users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. MGK Global traders can navigate the platform and find the information they need to make informed trading decisions.

MGK Global Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for MGK Global traders of all experience levels.

MGK Global Trading benefits

  • MGK Global Allows scalping
  • MGK Global Offers STP
  • MGK Global Low min deposit
  • MGK Global Offers Negative Balance Protection

MGK Global Trading Accounts Offered

Below we give an overview of the account types that MGK Global offer. Whatever you are looking to trade, the varying MGK Global account types will be able to provide you with what you need.

  • MGK Global Demo account
  • MGK Global Standard account
  • MGK Global STP account

Can I try MGK Global?

MGK Global provides a demo account that enables individuals to explore trading before investing their funds. By creating a MGK Global practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the MGK Global demo account can help individuals to make informed decisions before investing their money.

Open a demo MGK Global account to practice and trade.

Your capital is at risk

MGK Global withdrawal and funding methods

It's essential to remember that the payment methods provided by MGK Global vary based on the MGK Global entity and the MGK Global client's country of residence. To view the MGK Global payment options available, you can log into your MGK Global member's area.

MGK Global offers various funding payment methods listed in your MGK Global dashboard if available in your region. To learn more about the MGK Global funding and withdrawal options available in your area, you can explore the MGK Global website.

MGK Global provides several payment methods for funding your MGK Global account. You may utilize any of these deposit options if they are available in your region. MGK Global ensures that users have multiple payment methods to choose from, making it more convenient for verified MGK Global account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the MGK Global user's location. learn more about MGK Global funding and withdrawal methods.

MGK Global Payment Methods

Some MGK Global payment methods are local and are available only to specific regions. MGK Global account holders should check which payment methods are provided in your region.
  • MGK Global accepts Bit Wallet
  • MGK Global accepts Bxone
  • MGK Global accepts Bitcoin
  • MGK Global accepts Ethereum
  • MGK Global accepts Tether
  • MGK Global accepts Wire Transfer
  • MGK Global accepts Saxo Bank
  • MGK Global accepts Debit Cards
  • MGK Global accepts VISA
  • MGK Global accepts Mastercard
Broker mgkglobal IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes No Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No No No
Neteller No Yes Yes Yes

*please note available MGK Global and other broker payment methods depend on the clients country of residence.

How can I start trading with MGK Global?

To open a trading account with MGK Global, individuals can sign up on the MGK Global website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for MGK Global account validation and making a deposit. Once completed, MGK Global users can download the trading platform of their choice.

It's important to note that MGK Global requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps MGK Global maintain a trustworthy financial environment for its 10,000 users. Detailed information on the MGK Global trading platforms is available on their website.

Your capital is at risk

Performing trades with MGK Global

When using MGK Global, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. MGK Global have a max trade of varies. With STP execution on the MGK Global platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.

Like other brokers, MGK Global margin requirements can differ depending on the traded instrument.

Limiting Your Risk When Trading with MGK Global Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like MGK Global. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a MGK Global trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, MGK Global trading losses are always limited to the current balance of funds in the trader's account.

Even if an MGK Global trader experiences a significant loss, they will never owe more money than what is available in their MGK Global account balance.

It's important for MGK Global traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that MGK Global losses are limited to the funds available in your MGK Global account when negative balance protection is in place.

Education Resources at MGK Global

MGK Global offer educational resources which include Articles. Please bear in mind that these resources provided by MGK Global do not guarantee any results when trading. When we checked on the MGK Global website, these educational resources were not available in every language. Also some financial instruments mentioned in any MGK Global educational resources may not be available in your region.

To trade effectively with MGK Global, it's important to have a good understanding of the MGK Global trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with MGK Global and externally.

MGK Global . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with MGK Global. Familiarizing yourself with the MGK Global trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using MGK Global. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with MGK Global involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like MGK Global, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with MGK Global. Explore the MGK Global platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with MGK Global, before live trading.

Customer Support at MGK Global

As part of our MGK Global review, we review customer service options, response times and problem resolution effectiveness on the MGK Global trading platform. The MGK Global trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

MGK Global Available Support Types

Based on our experience, we have given MGK Global a D grade for customer support. We encountered some slow response times or MGK Global queries that were left unanswered.

Compared to other brokers, MGK Global offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at MGK Global

MGK Global does not offer LiveChat Support.

Email Support at MGK Global

We tested the email support of MGK Global by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any MGK Global response.

The MGK Global team did resolve and answer our queries, but the email support from MGK Global was overall average compared to other brokers we have tested.

Phone Support at MGK Global

We contacted MGK Global via phone and received quick assistance within 10 minutes of our call.

The MGK Global phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by MGK Global and found that they could assist us in various languages.

While we found the MGK Global phone support satisfactory, there is room for improvement in response time.

See how MGK Global Support Compares Against Other Brokers

Broker mgkglobal IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit MGK Global Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with MGK Global

As MGK Global is regulated by FSA (Financial Services Authority Malaysia) (LL08755).

As a new client of MGK Global, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with MGK Global in your region. During the MGK Global account opening process, you will be asked to provide MGK Global with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with MGK Global have the following documents available.

  • MGK Global require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for MGK Global compliance. This must be dated within the last six months.
  • If you plan to fund your MGK Global account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the MGK Global platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under MGK Global Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring MGK Global's platform.

However, remember that you won't be able to make trades on MGK Global until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the MGK Global KYC compliance process as soon as possible to avoid any delays in accessing the MGK Global platform's features.

It is important to note that MGK Global may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the MGK Global platform and features immediately. However, you must pass the verification process to start live trading with MGK Global, which can take up to a few business days.

To start the process of opening an account with MGK Global you can visit the MGK Global trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://mgk-global.com/ on November 18, 2024.

Is MGK Global A Good Broker?

We have spent over 5 years examining MGK Global in depth. Although we found some very useful aspects of the MGK Global platform that would be useful to some traders. We feel that a alternative to MGK Global may better suit you.

  • MGK Global have a good track record of offering Forex trading, Share Dealing.
  • MGK Global has a history of over 16 years.
  • MGK Global has a reasonable sized customer support of at least 10.
  • MGK Global are regulated by the FSA (Financial Services Authority Malaysia) (LL08755). MGK Global is subject to strict regulatory oversight from its respective jurisdiction, which holds MGK Global (the broker) accountable for misconduct. This regulatory framework helps ensure that MGK Global operates fairly and transparently and provides MGK Global customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and MGK Global.
  • MGK Global have regulation from reputable regulators.
  • One of the advantages of using MGK Global is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from MGK Global are particularly important as MGK Global traders want to receive their money quickly. With the efficient MGK Global payment processing system, traders can enjoy faster access to their MGK Global funds.
  • MGK Global have an international presence in multiple countries. Including local MGK Global seminars and training.
  • MGK Global can hire people from various locations in the world who can better communicate in your local language.

MGK Global Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

MGK Global not quite right?

If after reading this MGK Global review, MGK Global does not fulfill your needs check out these MGK Global Alternatives.

Click here to view the best MGK Global Alternatives

We have spent years researching the best alternatives to MGK Global. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective MGK Global alternatives available today. If you are unsatisfied with MGK Global or want to explore other options, we recommend checking out our carefully curated list of highly-rated MGK Global alternatives. Follow the links below to learn more about these MGK Global broker alternatives and choose the one that best suits your trading needs.

Related MGK Global Vs Comparisons

Throughout our comprehensive MGK Global review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing MGK Global against other popular brokers in the industry, check out our MGK Global Vs pages. Our team has compiled a series of detailed MGK Global comparison articles, pitting the MGK Global platform against some of the best-rated MGK Global competitors in the market. Dive into our informative MGK Global Vs pages below to find out how MGK Global stacks up against other leading brokers.

MGK Global review
MGK GLOBAL Frequently Asked Questions

Read our detailed MGK Global FAQ Section updated for 2025.

Can I try MGK Global?

MGK Global offer a demo account so you can try the MGK Global platform with virtual trading before you put down a payment. Virtual trading with MGK Global is zero risk. Learn more here

What funding methods do MGK Global accept?

Please note that the list of payment methods below depends on the MGK Global Entity and the client's Country of Residence.

MGK Global offer the following funding payment methods Bit Wallet, Bxone, Bitcoin, Ethereum, Tether, Wire Transfer, Saxo Bank, Debit Cards, VISA, Mastercard, among other payment methods.
Learn more here

Your capital is at risk

Is MGK Global safe?

MGK Global have over 10,000 users. MGK Global are considered reliable as they are regulated by and checked for conduct by the FSA (Financial Services Authority Malaysia) (LL08755). Any payments funded to MGK Global accounts by traders are held in a segregated bank account. For added security,MGK Global use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with MGK Global is risky, and because the market is so volatile, losses could happen at any time. Do not invest with MGK Global unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Your capital is at risk

Is MGK Global trading good?

MGK Global is considered good and reputable to trade with MGK Global. MGK Global is used by over 10,000 traders and MGK Global users. MGK Global offers Forex trading, and Share Dealing trading. Minimum deposit with MGK Global is 30.

Is MGK Global trading Legit?

MGK Global was founded in Malaysia in 2008. MGK Global has been facilitating trade on the financial markets for over 16 years. MGK Global offers clients Forex trading, and Share Dealing trading. All funds deposited to MGK Global are held in segregated bank accounts for security. MGK Global is regulated by FSA (Financial Services Authority Malaysia) (LL08755) so can be considered legit.

Is MGK Global a good broker?

MGK Global allows Forex trading, and Share Dealing trading. MGK Global is overseen by the top tier financial regulators FSA (Financial Services Authority Malaysia) (LL08755) so can be considered a good broker.

Is MGK Global trustworthy broker?

MGK Global is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to MGK Global, money is in a segregated bank account that is separate from MGK Global company's funds. As a regulated broker, MGK Global cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by MGK Global. Instead, your MGK Global funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with MGK Global. Also MGK Global is regulated in its local jurisdictions including major financial regulators like FSA (Financial Services Authority Malaysia) (LL08755).

What is the minimum deposit for MGK Global?

The minimum deposit to trade with MGK Global is 30.

How long do MGK Global withdrawals take?

Withdrawing money from MGK Global processing time varies depending on the method but averages 1-5 days.

Is MGK Global regulated?

MGK Global is regulated by the FSA (Financial Services Authority Malaysia) (LL08755). Regulatory bodies conduct regular reviews and audits as part of MGK Global maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is MGK Global a market maker?

MGK Global is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by MGK Global even if no buyer or seller is lined up.

How can I start trading with MGK Global?

When opening a trading account with MGK Global, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on MGK Global trading platforms, you can follow the link provided below: Learn more about signing up with the MGK Global trading platform here. This will provide useful information and insights into the various trading platforms offered by MGK Global, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with MGK Global?

Yes your money is safe with MGK Global.

Overall, strict financial regulation is essential for ensuring that trading platforms like MGK Global operate fairly, transparently, and responsibly, which ultimately benefits all MGK Global stakeholders involved.

Trading platforms like MGK Global must have strict financial regulation for several reasons:

  • Protecting MGK Global Investors: Strict financial regulation ensures that investors who use the MGK Global trading platform are protected against fraudulent or unethical behavior by the MGK Global platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the MGK Global platform.
  • Maintaining MGK Global Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the MGK Global trading platform. Regulatory procedures reduce the likelihood of the MGK Global platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing MGK Global Transparency: Regulations require trading platforms like MGK Global to maintain detailed records and disclose MGK Global client information. Financial regulatory requirements enhances transparency and helps to build trust between the MGK Global platform and its investors.

MGK Global is regulated by the FSA (Financial Services Authority Malaysia) (LL08755). When selecting a broker such as MGK Global, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, MGK Global ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like MGK Global.

Is MGK Global a con?

MGK Global is regulated and well established, having been in business for over 16 years. MGK Global is not a con.

Can you make money with MGK Global?

Although traders have had great success with MGK Global, trading on the financial markets with MGK Global is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does MGK Global have fees?

MGK Global doesn't charge withdrawal fees. MGK Global doesn't charge inactivity fees. MGK Global doesn't charge deposit fees.

When was MGK Global founded?

MGK Global was founded in 2008.

How many people use MGK Global?

MGK Global is used by over 10,000 registered MGK Global users.

What is MGK Global Headquarters country?

MGK Global has its head quarters office in Malaysia .

Does MGK Global offer negative balance protection?

MGK Global offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does MGK Global offer guaranteed stop loss?

MGK Global does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does MGK Global allow scalping?

MGK Global offers scalping.

Does MGK Global allow hedging?

MGK Global does not offer hedging.

Does MGK Global offer CFD trading?

MGK Global does not offer CFD trading.

Does MGK Global offer STP?

MGK Global offers STP trading.

How many people use MGK Global?

MGK Global is used by over 10000 MGK Global users and traders.

Is MGK Global an ECN broker?

MGK Global does not offer ECN trading.

Does MGK Global offer a demo account?

MGK Global offers a demo account.

Does MGK Global offer an Islamic account?

MGK Global does not offer Islamic accounts.

What are the funding methods for MGK Global?

Please note that funding methods and options available with MGK Global can be found in the MGK Global Members area and depend on the MGK Global client’s country of residence. Please check your specific available payment methods on the MGK Global website. MGK Global accept the following funding methods : Bit Wallet, Bxone, Bitcoin, Ethereum, Tether, Wire Transfer, Saxo Bank, Debit Cards,VISA, Mastercard.

MGK Global review written by Andrew Blumer and Mark Hansen

We hope you found our review of the MGK Global brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

MGK Global review written by Mark Hansen of Comparebrokers.co