Regarding the legitimacy of MagKing forex brokers, it provides ASIC, FCA, VFSC and WikiBit, .
The regulatory license is the strongest proof.
ASIC Market Making License (MM)
Australia Securities & Investment Commission
Australia Securities & Investment Commission
Current Status:
License Type:
Market Making License (MM)Licensed Entity:
Effective Date:
2006-09-14Licensed Entity Email:
smonis@brifnsw.com.auSharing Status:
No SharingLicensed Entity Website:
http://www.usgfx.comExpiration Time:
--Licensed Entity Address:
Licensed Entity Phone:
02 8263 2300Licensed Institution Certified Documents:
FCA Forex Execution License (STP)
Financial Conduct Authority
Financial Conduct Authority
Current Status:
License Type:
Forex Execution License (STP)Licensed Entity:
Effective Date:
2018-11-05Licensed Entity Email:
compliance@ukusg.co.ukSharing Status:
No SharingLicensed Entity Website:
https://www.ukusg.co.uk/Expiration Time:
2022-12-16Licensed Entity Address:
Licensed Entity Phone:
+4402078463712Licensed Institution Certified Documents:
VFSC Forex Trading License (EP)
Vanuatu Financial Services Commission
Vanuatu Financial Services Commission
Current Status:
License Type:
Forex Trading License (EP)Licensed Entity:
Effective Date:
2020-01-13Licensed Entity Email:
--Sharing Status:
No SharingLicensed Entity Website:
--Expiration Time:
--Licensed Entity Address:
Licensed Entity Phone:
--Licensed Institution Certified Documents:
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
MagKing latest industry rating score is 1.53, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.53 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.