MGM Forex Broker

MGM Review Summary Founded2003 Registered Country/RegionPakistan RegulationNot regulated Market InstrumentsEquity Brokerage, Shares Custodian Services, Corporate Finance, Online Share Trading Demo Account/ Leverage/ Spread/ Trading PlatformKITS, Remote Trading Terminals, Web-Based Trading Min Deposit/ Customer SupportAddress: Room # G-10, Ground Floor, LSE Plaza, 19-Khyaban-e-Aiwan-e-Iqbal, Lahore Email: mgmsecurities@mgm-lse.com / mgmsecurities@yahoo.com / info@mgm-lse.com Phone: 042-36279181-2 / 042-36280761 / 042-36310753 Cell: 0333-4296005MGM Information Founded in 2003 and registered in Pakistan, MGM provides corporate finance, internet share trading, stock broking, and share custody services. Despite offering a wide range of services, it is not subject to regulatory scrutiny, which could put investors at risk.Pros and Cons Pros Cons Provides a variety of trading servicesNot regulated Offers multiple platforms for online tradingNo demo accounts No information on feesIs MGM Legit? MGM is not regulated in its registered country, Pakistan, and does not hold any licenses from recognized regulatory bodies such as the FCA (UK) or ASIC (Australia). Kindly be aware of the potential risk. Having been registered on April 19, 2005, mgm-lse.com is currently in use with a clientTransferProhibited status, which denotes limited administrative control.Services of MGM MGM offers trading in equities, shares custodian services, corporate finance, and online share trading through various platforms. ServicesSupported Equity Brokerage✔ Shares Custodian Services✔ Corporate Finance✔ Online Shares Trading✔ Remote Trading Terminals✔ Web-Based Trading✔Trading Platform Trading PlatformSupported Available Devices Suitable for what kind of traders KITS✔DesktopActive traders requiring advanced tools Remote Trading Terminals✔DesktopInstitutional and professional traders Web-Based Trading✔Web (Browser)Retail traders seeking convenience and flexibility