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MGK International Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:17

Abstract: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.

MGK InternationalReview Summary
Founded5-10 years
Registered Country/RegionFrance
RegulationRegulated by LFSA (Suspicious Clone)
Demo Account❌
Trading PlatformMT4
Customer SupportEmail: 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.

MGK International Information

Pros and Cons

ProsCons
Offers three account typesSuspicious clone
Provides MT4 trading platformDemo account unavailable
Offers six deposit methodsNo 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.

Is MGK International Legit ?

Account Type

  MGK International offers three main account types: Normal Account, SPEED Account, and MAM/PAMM Accounts.

FeaturesNormal AccountSPEED AccountMAM & PAMM Accounts
Target UsersGeneral traders and EA programmersVeteran traders and fast execution needsFund managers and investors
Trading MethodNon-Dealing Desk (NDD)Non-Dealing Desk (NDD)Non-Dealing Desk (NDD)
Backtesting FunctionAvailable on MT4 with historical dataNot specifiedNot specified
Leverage FlexibilityStandardFlexible, allows customized leverage optionsFlexible, adjustable for sub-accounts
Trade Execution SpeedRegular executionSuper-fast, minimal delaysDepends on manager's settings and allocation method
Spread & CommissionExcellent rates and narrow spreadsLow spreads, fast executionCheaper commission and spreads
Performance FeesNot applicableNot applicableAutomatically deducted based on contract terms
Order AllocationNo allocation systemNo allocation systemAllocated based on percentage or fixed lots
Account FlexibilityStandard trading flexibilityFast execution with minimal server interferenceMore flexibility in risk allocation and trade sizing
WithdrawalsClient‘s discretionClient’s discretionManager cannot withdraw; clients manage deposits and withdrawals
Additional FeaturesSupports 5 daily bars for accurate EA operationSophisticated algorithms for quick executionLow operating costs due to investor-manager relationship
Account Type
Account Type
Account Type

Trading Platform

  MGK International supports MT4 but does not support MT5.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔Mobile and Desktop(Windows & macOS)Beginner
MT5❌Mobile and Desktop(Windows & macOS)Experienced Trader
Trading Platform

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.

Deposit and Withdrawal
Deposit and Withdrawal

  

Related broker

Not Regulated
MGK International
Company name:MGK Global Limited
Score
2.25
Website:https://mgk-global.com/en/
5-10 years | Questionable Regulatory License | MT4 Full License | Regional Brokers
Score
2.25

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