Brokers  /  MGX Brokers

MGX Brokers

Moderate risk
🇸🇨 Seychelles · 2-5 years · since 2023-02-09 · Maximus Global Limited
FSA
Visit site ↗
—/5
★★★★★ ★★★★★
1 reviews ›
1
Licenses ›
0
Withdrawal issues ›
$100
Min. deposit ›
1:500
Max leverage ›
3
Account types ›
46/100
Scam risk ›
0
Clone sites ›
Accounts: VIP · $ 5000ZERO · $ 500PRO · $ 100
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.44/10
Trustpilot—/5
Forex Peace Army—/5
46
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Registered in Seychelles (offshore, light oversight)
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMaximus Global Limited
Headquarters🇸🇨 Seychelles
Founded2023-02-09
Years operating2-5 years
Employees0
Official websitemgxbrokers.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
InstrumentsFX Pairs + Metals + Crypto + CFD Indices & Stocks + Oil
Registered address
CT House, Office No. 8D, Providence, Mahe, Seychelles

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSADerivatives Trading License (EP)SD065Seychelles—

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
VIP1:500$ 5000from 0.00.0025%✓
ZERO1:1000$ 500from 0.0 0.0035%✓
PRO1:1000$ 100from 0.9 --✓

Review analysis AI

Across 1 recent Trustpilot reviews, 0% are 1–2 star.

0
Period:
What users praise
Where reviewers are from
United States1

Real user reviews

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About MGX Brokers

MGX Brokers is a forex and CFD broker based in Seychelles, with records dating to 2023-02-09. It reports oversight from FSA.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full MGX Brokers review