MGM Global Review
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Fast Facts
Contact Info and Support
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | July 2025 | 0 |
| August 2025 | 0 | |
| September 2025 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About MGM Global
MGM Global holds no authorisations from recognised financial regulators. The UK’s Financial Conduct Authority issued a warning on 16 August 2023 that “MGM Global / mgmglobal.com” may be providing financial services or products without authorisation, and advised avoiding dealing with the firm; the warning mentions its address at 5 Harbour Exchange, E14 9GE and contact details, and notes that customers would lack access to the Financial Ombudsman Service and Financial Services Compensation Scheme in case of issues (). In addition, the Belgian FSMA added MGM Global to its warning list as a fraudulent trading platform on 6 September 2023 (), and the French regulator AMF included it on its warning list for unauthorised forex activity on 12 October 2023 ().
MGM Global makes regulatory claims that are demonstrably false: it purports to be licensed by CySEC and ASIC and to have submitted license applications (e.g., March 2022), but no records exist on CySEC or ASIC databases, and the claims are contradicted by the warnings noted above (). The company offers trading in forex, CFDs, commodities, indices, stocks, and cryptocurrencies, and operates a proprietary trading platform; it reportedly imposes a high minimum deposit—$10,000 according to one source (). Verification from regulators or official disclosures is absent for key elements such as leverage, spreads, commissions, swap-free accounts, account types, fund segregation, or compliance policies such as hedging, scalping, or EA usage.
Who it’s for
- Not advisable for any type of trader due to absence of regulation and multiple warnings by top-tier authorities.
Pros and cons
Pros
- No confirmed benefits from reputable or independent sources; proprietary platform and product range claims are unverified by regulators.
Cons
- Unauthorised by FCA, FSMA, AMF; warnings issued by all three regulators against dealing with the firm ().
- False licensing claims regarding CySEC and ASIC despite lack of evidence in official registers ().
- High minimum deposit requirement (reported US $10,000) without transparency on other trading conditions ().
- Lack of transparency on critical elements such as spreads, leverage, account types, fund protection, swap-free accounts or compliance policies ().
