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MGM -

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/10

MGM

Pakistan|5-10 years|

Suspicious Scope of Business|High potential risk|

http://mgm-lse.com/mgm/

Website

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Rating Index

Influence

Influence index NO.1

Pakistan 2.52

Surpassed 15.20% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+92 42-36279181-2

mgmsecurities@mgm-lse.com

http://mgm-lse.com/mgm/

Room # G-10, Ground Floor, LSE Plaza, 19-Khyaban-e-Aiwan-e-Iqbal, Lahore

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!

Previous Detection : 2024-11-21

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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MGM · WikiFX Survey

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MGM · Company Summary

MGM Review Summary
Founded	2003
Registered Country/Region	Pakistan
Regulation	Not regulated
Market Instruments	Equity Brokerage, Shares Custodian Services, Corporate Finance, Online Share Trading
Demo Account	/
Leverage	/
Spread	/
Trading Platform	KITS, Remote Trading Terminals, Web-Based Trading
Min Deposit	/
Customer Support	Address: Room # G-10, Ground Floor, LSE Plaza, 19-Khyaban-e-Aiwan-e-Iqbal, Lahore
	Email: mgmsecurities@mgm-lse.com / mgmsecurities@yahoo.com / info@mgm-lse.com
	Phone: 042-36279181-2 / 042-36280761 / 042-36310753
	Cell: 0333-4296005

MGM Information

Founded in 2003 and registered in Pakistan, MGM provides corporate finance, internet share trading, stock broking, and share custody services. Despite offering a wide range of services, it is not subject to regulatory scrutiny, which could put investors at risk.

Pros and Cons

Pros	Cons
Provides a variety of trading services	Not regulated
Offers multiple platforms for online trading	No demo accounts
	No information on fees

Is MGM Legit?

MGM is not regulated in its registered country, Pakistan, and does not hold any licenses from recognized regulatory bodies such as the FCA (UK) or ASIC (Australia). Kindly be aware of the potential risk.

Having been registered on April 19, 2005, mgm-lse.com is currently in use with a clientTransferProhibited status, which denotes limited administrative control.

Services of MGM

MGM offers trading in equities, shares custodian services, corporate finance, and online share trading through various platforms.

Services	Supported
Equity Brokerage	✔
Shares Custodian Services	✔
Corporate Finance	✔
Online Shares Trading	✔
Remote Trading Terminals	✔
Web-Based Trading	✔

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
KITS	✔	Desktop	Active traders requiring advanced tools
Remote Trading Terminals	✔	Desktop	Institutional and professional traders
Web-Based Trading	✔	Web (Browser)	Retail traders seeking convenience and flexibility