https://mglfx.com/en/index
Website
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
mglfx.com
Server Location
United States
Website Domain Name
mglfx.com
Server IP
172.67.211.254
MGL globalReview Summary | |
Founded | 2023-12-11 |
Registered Country/Region | United States |
Regulation | Unregulated |
Market Instruments | Futures/Crude oil/Gold/Bitcoin/Stocks/Currencies |
Demo Account | ❌ |
Leverage | Up to 1:500 |
Spread | As low as 0 |
Trading Platform | Tradingwb (Mac/Tablet/Mobile) |
Min Deposit | / |
Customer Support | Tel: +81 80 8098 0068 |
Email: support@mglfx.com |
MGL global is a broker. The tradable instruments with a maximum leverage of 1:500 include futures, crude oil, gold, Bitcoin, stocks, currencies, etc. The broker only provides a Tradingweb platform. The minimum spread is from 0. MGL global is still risky due to its unregulated status and bad reviews about difficulty withdrawing money.
Pros | Cons |
Spread as low as 0 | Unregulated |
Leverage up to 1:500 | Inaccessible official website |
Various tradable instruments | Negative comments about difficulty in withdrawing money |
Demo account unavailable |
MGL global is not regulated, making it less safe than regulated brokers.
MGL global offers a wide range of market instruments, including futures, crude oil, gold, Bitcoin, stocks, currencies, etc.
Tradable Instruments | Supported |
Futures | ✔ |
Crude oil | ✔ |
Gold | ✔ |
Bitcoin | ✔ |
Stocks | ✔ |
Currencies | ✔ |
The spread is as low as 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
MGL global offers a propriety Tradingweb platform available on Mac, tablet, and mobile to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.
Trading Platform | Supported | Available Devices |
Tradingweb | ✔ | Mac/Tablet/Mobile |
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FX2172368756
Japan
I was introduced to the LINE group through SNS and participated in a study session hosted by Shuichi Sasagawa. After that, I was introduced to Yuki Takamura of MGL Global by Yoko Takahashi, a member of the group, and upon Takamura's invitation, I opened an investment management account. Then, on Takamura's instructions, a total of 10,500,000 yen was transferred several times. Regarding the reason why the transfer destination is not in the name of MGL but in the name of another corporation in Japan, Takamura said, ``In order to convert from yen to dollars before remittance, it is necessary to transfer the money to an account under a different name.'' There is an explanation. Background leading to this agreement 1. I saw a high school investment study group interviewed by Shuichi Sasagawa on SNS and joined the same LINE group 2. Yoko Takahashi introduced MGL Yuki Takamura to the registered LINE group 3. Yuki Takamura encouraged me to trade at MGL and opened an account. After that, the investment funds will be transferred to the bank according to Takamura's instructions. 4. I was introduced to BTCUSD on LINE, a group led by Shuichi Sasagawa, and each time I received instructions to deposit additional funds for investment management, and made the transfer because I was told that the risk of trading would increase if I had little funds. After that, Yuki Takamura told him that ``Minoru Fukuda'' (Shuichi Sasagawa's mentor) had given him a priority offer to trade in crude oil, so let's invest, so he started trading in crude oil. 5. After the oil settlement, he asks Takamura to withdraw the money, but he receives a request for money that he was not informed about from the beginning, such as ``You will need to pay a 5 million yen guidance fee to withdraw the money.'' I accepted the request and made the deposit, but this time I was told that I had to pay 20 million yen in taxes, so I was asked to remit the money again. This will of course be rejected. MGL Global's Yuki Takamura, Shuichi Sasagawa, Minoru Fukuda (Minoru Fukuda), Yoko Takahashi, and others are definitely a group of fraudsters. I'm also going to the police. Should we forgive such a fraudulent group?
Exposure
03-29
チャーリー
Japan
Exchange with Yuki Takamura (T) on MGL via Line Below, I will show the main exchanges between me and T in chronological order. (Me) Good morning. Crude oil futures were successfully settled. Thank you. In that case, as I have been saying, I would like to withdraw money to give my wife peace of mind, but is it possible to do so today? thank you. (T) Congratulations on your payment. After settlement, you will need to pay 15% of the crude oil revenue as a commission. Mr. Senda's crude oil revenue is $229,500, and according to the calculation, the payment amount is $34,425, which is 5,111,975 yen when converted to Japanese yen. Please let us know when your payment is ready. We will prepare a dedicated account for you. After payment, you can freely withdraw money after logging into the CRM fund management system. (Me) Is it not possible to pay the fees with funds? (T) Yes, you must pay the fee to our dedicated account through your bank account. Do I currently need to apply for a dedicated account and make payments? (Me) This is yet another story that I don't know. Does this mean that I cannot withdraw money at all without paying the fee? Is it possible to withdraw even just $70,000? (T) Yes, that's right. If the fees have not been paid, no withdrawals will be possible. Once the fee has been paid, you can withdraw the funds yourself. (Me) I feel like I've been deceived. Why do you always come out later? I want to stay here forever, but I feel a growing sense of distrust. (T) There is no deception at all. You can withdraw funds by paying a fee. Currently, many users pay fees and withdraw funds. (Me) Good morning. Mr. Fukuda announced that he would not be teaching for a while. Therefore, please settle the funds on the exchange. When it is ready, I will contact you with your bank account information. Thank you. (T) I'm smart. The fee to be paid is 5,111,975 yen. Please contact us when you are ready. Once again, we will prepare a bank account exclusively for payment. Thank you. (Me) No, it's the opposite. Please pay the funds in your account. thank you. (T)Currently, you can withdraw the full amount of $1,152,118.43 from your account by paying a fee of JPY 5,111,975. 1,152,118.43 dollars is converted to 174,227,957 yen at the current exchange rate. Please contact me when you are ready. thank you. (Me) No, please deduct 5,110,000 yen and transfer the amount to this designated account. (T) We do not have the authority to deduct fees from your account. Payments must be made through a personal bank account. (Me) Whether or not you have the authority is your problem. We are currently preparing a lawsuit against MGL Global in Colorado. We also plan to report to WikiFX and the police. If payment is not received within 24 hours, we will report the above to all relevant authorities and initiate a lawsuit. Please consider this. (T) I'm smart. We will also take appropriate legal measures to protect our rights and interests. Failure to pay may affect your credit rating and that of your family. In serious cases, your property may be liquidated by the court. Thank you. (I) I have nothing to lose anymore. If we take legal action, the actual situation in Japan will become clearer and we will get what we want. Please do it. (T) We recommend that you complete the fee payment as soon as possible in order to proceed with the withdrawal process. This will help avoid further deterioration of the situation. (I) I will reply to you exactly what you said. Please prepare the payment immediately. Others, K2! Mr. Sasakawa, who was teaching at a group line called Sasakawa Investment School, also made a comment that he personally guaranteed that the funds could be withdrawn if the fee was paid. I also received a photo of my personal driver's license, but it has now been deleted from the line along with my comments. If necessary, we will submit additional materials. Thank you.
Exposure
03-26
Pierre Dupont
France
Decent spreads, but laggy trading platform lacks features.
Neutral
06-28
Jason池
Peru
Better than most. No one likes being whip-sawed out of a FTSE trade on a Monday morning though (post Italian referendum.) As a financial markets professional, obviously I intend to ramp up my activity as much as possible.
Positive
05-17
FX1670584849
Cyprus
Wonderful trading app very fast execution of trade zero commission , all devices zero fee's , cash deposit and withdrawal Excellent
Positive
04-30