Abstract:MKJ GLOBAL is an offshore on broker, with its founding time, real address and the company behind it unknown to all. There is no related regulation details displayed on its official website, so MKJ GLOBAL is unregulated, unsafe to trade with it.
General Information & Regulation
MKJ GLOBAL is an offshore on broker, with its founding time, real address and the company behind it unknown to all. There is no related regulation details displayed on its official website, so MKJ GLOBAL is unregulated, unsafe to trade with it.
Market Instruments
Tradable financial instruments available on the MKJ GLOBAL platform include forex currency pairs, commodities, metals, as well as some crypto currencies.
Minimum Deposit
MKJ GLOBA does not share any information about their trading conditions, not even the minimum investment required. Most brokers would ask new traders to deposit at least $100 or even less to start trading.
Leverage
MKJ GLOBAL doesnt bother to disclose what its maximum leverage is available on their website, but while installing their MT4, we were provided with levels of up to 1:100. Professional traders may think it is conservative, however, inexperienced traders are not advised to use too high leverage.
Spreads & Commissions
There is no information to be found on the brokers website about this, but their demo MT4 gave us a spread of 0.5 pips on EUR/USD, and no commission applied. This is simply too good to be true, for unregulated brokers always use attractively low spreads to scam traders.
Trading Platform Available
To our surprise, we were able to download and test a fully functioning MetaTrader4 distribution from the brokers website.
Deposit & Withdrawal
In terms of payment methods available, MKJ GLOBAL does not make this part clear. In any case, most brokers accept bank wire, debit or credit cards (Visa, MasterCard, Maestro), and e-wallets like PayPal, Skrill, and Neteller.