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MGCCKJ -

Score

1.42 /10
Danger

MGCCKJ

Hong Kong

2-5 years

Suspicious Regulatory License

White label MT5

Regional Brokers

High potential risk

https://www.mgcckjs.com

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Comparison

Quantity 6

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.30

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

MGCCKJ LTD

Company Abbreviation

MGCCKJ

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Exposure

6 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

unable to withdraw my money . it’s a scam

it’s a scam . can’t take out my money

2022-06-16 06:11
Others

Is MGCCKJ a fomal company?

1. It has been more than a week since I applied for a withdrawal, but it has not been processed yet. 2. Apply for arbitration, MGCCKJ replied and asked me to call the official customer service. 3. Check the official email on the website and it is support@mgc-fx.com 4. Send an email to the official customer service, the system returns: The address cannot be found 5. Is MGCCKJ a formal company?

2022-04-11 07:35
Unable to Withdraw

It does not address after apply for withdrawal for nearly one week.

It does not address after apply for withdrawal for nearly one week. 1. Ask the customer service about the withdrawal time in advance, the customer service said 3-4 hours. 2. After applying for withdrawal, customer service said 1-4 days. 3. Later, after tracking the progress, the customer service responded at first, finally got ignored it. 4. No processing after 4 days

2022-04-06 12:21
Unable to Withdraw

Withdrawal does not process for two weeks

Withdrawal does not process for two weeks. Apply for arbitration and the MGCCKJ replys and asks me to find customer service. I send email to officails support@mgc-fx.com, but it says that the address is wrong. I feel I was deceived.

2022-04-14 14:08
Others

MGCCKJ's official guest mail address is wrong, can it be reliable?

Send an email to MGCCKJ official customer support@mgc-fx.com, saying that the email address is wrong. Is MGCCKJ reliable?

2022-04-14 14:13
Unable to Withdraw

Apply for withdrawal, but no one handle it

The application for withdrawal has not been processed for a week. Apply for arbitration, and push it back to the official customer service. 1. Ask the customer service about the withdrawal time in advance, the customer service said 3-4 hours. 2. After applying for withdrawal, customer service said 1-4 days. 3. Later, after tracking the progress, the customer service responded at first, but finally ignored it. 4. It has not been processed after a week. 5. Apply for arbitration and reply to the official customer service. 6. Send an email to the official customer support@mgc-fx.com, saying the email address is wrong

2022-04-07 14:52
MGCCKJ · Company summary

General Information & Regulation

Established in 2021, MGCCKJ is an independent financial derivatives and foreign exchange trading service provider based in Hong Kong. It specializes in foreign exchange advisory services, including foreign exchange trading and asset management. MGCCKJ LIMITED is authorized and regulated by the National Futures Association (NFA), with Regulatory License No.0542561.

Market Instruments

MGCCKJ provides a platform to trade global financial products in one account. Tradable financial instruments available include forex pairs, precious metals, as well as energies.

Account Opening

MGCCKJ offers two trading accounts: STP and ECN accounts and opening accounts requires no fees. To open an account, traders can complete the account application form and send it to the broker by email with proof of identify and a certified copy of recent proof of address: info@ MGCCKJ.com. Traders can also contact its account manager to help you to open your account.

Minimum Deposit

The minimum initial capital to start a real trading account is just $100, which sounds reasonable for most regular traders who want to give a try in the forex world.

Leverage

MGCCKJ offers traders generous trading leverage, reaching up to 400:1. Still, keep in mind that leverage can amplify gains as well as losses, so use it with extra caution.

Micro Trade Size

The minimum trade size per order allowed by MGCCKJ is 0.01 lot, which is quite friendly to new traders.

Spreads & Commissions

The minimum spread offered by MGCCKJ is as low as 0.0 pips, but it does not specify spreads on particular instruments.

Trading Platform Available

When it comes to trading platform available, what MGCCKJ offers is the industry-recognized MT5 trading platform. MT5 trading platform features 6 type of order, over 80 built-in metrics and charts, built-in trading tools, as well as 21 time categories. The MGCCKJ MT5 is available in PC, IOS, Android versions.

Deposit & Withdrawal

The minimum deposit is $100. Payment methods working with MGCCKJ include China UnionPay, Bank Wire Transfer, Credit Card, as well as e-bank wire transfer.

Customer Service

MGCCKJ offers 24/5 multilingual customer support, and they can be reached through online chat (needs to filling in your phone number and email address), WhatsApp with +85253784240, email: support@mgc-fx.com. Corporate Address: 68 Johnston Road WAN CHAI HONG KONG

User Reviews

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User comment

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Comments

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Daniel3541
more than one year
MGCCKJ is a Scam. When I asked for the withdrawal, MGCCKJ asked me to pay a big chunk of tax from the profit. I said that I just wanted to withdraw my deposit funds, and they refused to process any of my withdrawals. All of my deposit funds are NOT able to withdraw.
MGCCKJ is a Scam. When I asked for the withdrawal, MGCCKJ asked me to pay a big chunk of tax from the profit. I said that I just wanted to withdraw my deposit funds, and they refused to process any of my withdrawals. All of my deposit funds are NOT able to withdraw.
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2023-01-18 06:31
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FX1177956577
more than one year
MGCCKJ is unregulated!!! All their staff just tell you lies and the long-term goal is to cheat you out of your money. You are better off choosing a more reputable & professional financial institution.
MGCCKJ is unregulated!!! All their staff just tell you lies and the long-term goal is to cheat you out of your money. You are better off choosing a more reputable & professional financial institution.
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2022-12-14 17:09
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