Review summary
MGF Capital is a forex broker registered in the United Kingdom, with an operational history of approximately 1-2 years. The broker offers four account types—Elite+, Raw+, Pro, and Standard—all featuring a maximum leverage of 1:100 and a minimum deposit of 0.01 units. Spreads vary from zero on the Elite+ and Raw+ accounts to starting from 0.6 pips on the Pro and 1.2 pips on the Standard account. MGF Capital holds no valid authoritative forex trading licenses, and its regulatory status is unregulated, meaning it lacks the oversight of a recognized financial authority. WikiFX assessment gives MGF Capital a total score of 1.22 out of 10, reflecting significant concerns due to the absence of a credible regulatory framework. Potential traders should be aware that operating without a license exposes them to risks associated with unregulated entities. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-15)
