About MagKing Global
Company Overview
MagKing Global is a forex and CFD broker operating under the domain forex45.com. The company was founded on 21 April 2021 and is registered in the United Kingdom. As of the latest records, the broker does not hold any regulatory licences from known financial authorities.
Account Types and Trading Conditions
MagKing Global offers four distinct trading account types: Stock Account, MagKing Ultra Low Account, Standard Account, and Micro Account. The Stock Account requires a substantial minimum deposit of $10,000 and does not specify leverage. The other three accounts – MagKing Ultra Low, Standard, and Micro – all have a minimum deposit of $5. Leverage for these accounts is structured in tiers: from 1:1 up to 1:888 for equity balances between $5 and $20,000, 1:1 to 1:200 for balances between $20,001 and $100,000, and 1:1 to 1:100 for balances above $100,000.
Regulatory Status and Risk Considerations
Trading with MagKing Global carries heightened risk due to the absence of regulatory oversight from any recognised financial regulator. The broker's official registration in the United Kingdom provides some corporate transparency but does not offer the investor protections that come with a full regulation from authorities such as the FCA. Traders should exercise caution and conduct thorough due diligence before committing funds.
Overview compiled by FXCanary from regulatory records and public data. full MagKing Global review