MGK International Account Type

MGK International offers a variety of account types to cater to different trading styles and preferences. The available accounts include:

• Normal Account
• Minimum Deposit: $30 USD
• Maximum Leverage: 1:500
• Spreads: Average 1.0 pip
• Suitable For: All traders, including those using Expert Advisors (EAs).
• Speed Account
• Minimum Deposit: $30 USD
• Maximum Leverage: 1:500
• Spreads: From 0.1 pips plus a commission of $7 per round trip.
• Features: No re-presentation of price, direct market access, supports automated trading tools.
• MAM & PAMM Accounts
• Minimum Deposit: $30 USD
• Suitable For: Traders looking for managed account services, allowing multiple account managers.
• Islamic Account (Swap-Free)
• Available For: All account types upon request.
• Features: No swap or rollover interest on positions held overnight.

Additionally, MGK International provides a free demo account for traders to practice in a risk-free environment.

MGK International Broker Account Opening Process

To open an account with MGK International, follow these steps:

• Choose Account Type:

  Select the account type that best suits your trading needs (Normal, Speed, MAM/PAMM, or Islamic).

• Complete Registration:

• Provide personal information, including your name, date of birth, phone number, and email address.
• Read and agree to the risk disclosure and terms and conditions.
• Verify Your Account:
• After registration, check your email for a verification message.
• Confirm your email to complete the account setup.
• Submit Documentation:
• Upload identification (passport or ID card) and proof of residence (utility bill) to verify your identity and address.
• Start Trading:
• Once verified, you will receive your account ID and password, allowing you to log in and begin trading.

For more information, visit the official website: MGK International