✔️ Information reviewed and updated in April 2024 by Eduardo López
Opinions and information about the MagKing broker
¿It is the MagKing broker (also known as magking.com or mk-forex.com) really reliable? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
✔️ The MagKing broker is a broker of: Forex, Cryptocurrencies and CFDs.
✔️ The broker mentions be part of: MagKing Global Limited (MagKing Forex Instruments Limited, MagKing Global Limited, MagKing Point of Financial Instruments UK Limited, MagKing Point of Financial Instruments Pty Ltd and MagKing Point MENA Limited) and Union Standard International Group Ltd.
✔️ MagKing is based in: Hong Kong and Saint Vincent and the Grenadines.
✔️ If we talk about regulation, the MagKing broker mentions be regulated by ASIC, VFCS and FCA, but this it is completely false.
🔹 We will continue to find out if mag king offers the public different types of accounts or plans and what characteristics each one has. In this case we did not find information on the existence of different types of account.
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🔸 The platform used to trade is: own platform (XM WebTrader), MT4, MT5.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that MagKing offers, explanation of basic concepts of the world of investments, some live charts, economic calendar, really not much else.
MagKing Features
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Additional information about the company
🔸 Phone number: not available.
🔸 E-mail: [email protected]
🔸 Website: mk-forex.com | forex80.com
🔸Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - evaluation.
* Bonuses or promotions: None by the moment
MagKing Rating
With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️.
Why? It has all the characteristics of a fraudulent broker: hides information, uses false and confusing data, does not have registration and is not regulated by any authority, we do not know where it really is located, also when looking for information and other evaluations about MagKing We found a lot of negative reviews.
Update March 2021: AFM, Financial Regulator of the Netherlands, has reported MagKing for fraudulent activities.
April 2021 update: BCSC, has reported MagKing for fraudulent activities.
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↓ ↓ ↓ Traders and users score
I was scammed by MagKing by a supposed girl from Hong Kong to see that she helps you and taught me how to put money but then you can't withdraw it now I have many problems, and on top of that she pressures me to put more money, in the end they keep everything and not They give it back to you, that's the scam, they are rats ...
Hi James, this broker named MagKing is a SCAM, many investors have denounced MagKing for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. (or with very low quality regulation) and that does not return the money to its customers.
ALL positive comments from this broker are FALSEThey are made by their own workers to confuse investors.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.
i was scammed with magking
Hello Armando, this broker called MagKing is a SCAM, many investors have denounced MagKing for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. (or with very low quality regulation) and that does not return the money to its customers.
ALL positive comments from this broker are FALSEThey are made by their own workers to confuse investors.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.
Hoka and been scammed by magkingforex
Hi Francisco, this broker called MagKing is a SCAM, many investors have denounced MagKing for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. (or with very low quality regulation) and that does not return the money to its customers.
ALL positive comments from this broker are FALSEThey are made by their own workers to confuse investors.
We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side
Greetings.
Can you get back the lost money or not?
Hi Miguel, this broker called MagKing is a SCAM, many investors have denounced MagKing for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. (or with very low quality regulation) and that does not return the money to its customers.
ALL positive comments from this broker are FALSEThey are made by their own workers to confuse investors.
We recommend that all those affected try to recover the money through companies specialized in this type of management from the CHAT that we have on the web or in the following link:
https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/
Greetings.