Forex Brokers

MGM Global (mgmglobal.com)

1.5 (15 reviews)
🇦🇺 Australia
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1.5
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About MGM Global (mgmglobal.com)

MGM Global (mgmglobal.com) has been flagged by ASIC (Australia) for "Unlicensed". https://www.fca.org.uk/news/warnings/mgm-global-mgmglobalcom

Phones: 442039961490

Addresses: 5 Harbour Exchange E14 9GE UK This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: mgmglobal.com.

Customer Reviews

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Migration from old platform was a mess

M
Marcus G.
7 months ago

MGM Global (mgmglobal.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Instant funding|Wide product range|Quick verification|Easy to use platform

Cons: Website design could be more modern

Withdrawal blocked indefinitely

L
Liam L.
9 months ago

MGM Global (mgmglobal.com) locked my account without warning and demanded documents I had already submitted. for the past year and a half later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Multiple order types|Excellent charting|Fast execution|Social trading features

Cons: Wish they had more educational resources|Search feature is basic

No API for automated trading

S
Sophia N.
9 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. MGM Global (mgmglobal.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Comprehensive tools|Fast deposits|Smooth onboarding|Intuitive for beginners

Cons: Research section could be deeper

All style no substance

S
Shannon L.
9 months ago

MGM Global (mgmglobal.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Great customer service|No hidden fees|Transparent fees

Cons: Help articles are sometimes vague|Research section could be deeper

They took my patience and my money

S
Susan J.
11 months ago

I joined MGM Global (mgmglobal.com) based on a colleague's recommendation and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Risk management tools|Real-time alerts|Regular updates|Professional team

Cons: Mobile app could be improved