B
mgk global logo

mgk global

8.4/10

Uniglobe Markets

5.6/10
10/10WinnerRegulation3/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

mgk global was founded in 2011 and is headquartered in Cayman Islands, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. mgk global holds licences including Financial Conduct Authority (FCA), while Uniglobe Markets is regulated by Unregulated among others. mgk global serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $250 at mgk global and $10 at Uniglobe Markets.

mgk global wins this category
Featuremgk globalUniglobe Markets
Min. Deposit$250$10
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F278Unregulated
Founded20112008
CountryCayman IslandsMarshall Islands
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between mgk global and Uniglobe Markets, directly affecting your bottom line as a trader. Uniglobe Markets has a lower barrier to entry with a minimum deposit of $10 (vs $250 at mgk global). mgk global charges withdrawal fees while Uniglobe Markets does not, a notable advantage for frequent withdrawers. mgk global charges deposit fees; Uniglobe Markets does not. Overall, Uniglobe Markets scores higher on fees in our assessment.

Uniglobe Markets wins this category
Featuremgk globalUniglobe Markets
Min. Deposit$250$10
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

mgk global offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
Featuremgk globalUniglobe Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsWindows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS.

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how mgk global and Uniglobe Markets compare. mgk global runs regular live webinars; Uniglobe Markets does not. mgk global has a video library; Uniglobe Markets does not. mgk global publishes daily market commentary; Uniglobe Markets does not. mgk global integrates third-party research tools (Trading Central, Autochartist); Uniglobe Markets does not. mgk global maintains an archive of past webinars for on-demand viewing. mgk global scores higher overall in education and research.

mgk global wins this category
Featuremgk globalUniglobe Markets
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. mgk global accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Uniglobe Markets supports 2 (bank transfer, credit/debit card). mgk global uniquely supports PayPal and Skrill and Neteller among the two brokers. mgk global scores higher on deposit and withdrawal flexibility.

mgk global wins this category
Featuremgk globalUniglobe Markets
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both mgk global and Uniglobe Markets offer live chat support. Both provide phone support. Email support is available at both brokers. mgk global supports 8 languages and Uniglobe Markets supports 2, giving mgk global broader global reach. Both brokers are comparable on support quality.

Tied
Featuremgk globalUniglobe Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese