Review summary
MagKing Forex (mk forex) is a financial services entity that has been operating for 5-10 years and is registered in India. According to WikiFX data, the broker currently holds no valid regulatory licenses for forex trading and operates without formal oversight from major financial authorities. The platform's software infrastructure, as reflected in a software index score of 4.0, suggests basic capability, but this is offset by a comprehensive SkyEye risk assessment score of 1.60/10 and a regulatory index of 0.0, indicating a fundamental lack of compliance framework. Public exposure highlights issues regarding fund withdrawal difficulties and marketing practices. Key operational metrics such as minimum deposit requirements, specific leverage offerings, and detailed transaction costs are not publicly disclosed. Given the complete absence of regulatory validation and the documented user concerns, engaging with this entity involves accepting the full spectrum of operational and financial risk associated with an unregulated offshore operation. 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: 2026-04-10)
