MGM Markets is a Forex and CFD brokerage firm supposedly based in the United Kingdom. It offers a range of assets to trade with such as Forex, shares, commodities, and indices. The broker does not have an MT4 trading platform. The minimum deposit of $259 to open a live account and leverage up to 1:200.
Is MGM Markets Registered?
MGM Markets is an unregulated broker owned by Tube Global Marketing. Although, it falsely claims to be regulated by the Financial Conduct Authority ( FCA) of the UK. As per available information, the entity does not come under any reputed financial regulatory.
Should You Invest With MGM Markets?
MGM Markets has failed to create trust among investors. It provides financial services without any proper validation and does not guarantee any security of the funds. Therefore, investing in MGM Markets involves a high degree of risk.
How To Recover Your Lost Money From MGM Markets?
MGM Markets has some major red flags in the market. It has been blacklisted by the Australian Securities and Investments Commission (ASIC). In case, if you are facing any scam issue with MGM Markets, approach us. Our team of professionals will assist you to retrieve your lost sum.
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