On-line since: About the company: Marigold Global Markets Corporation is a broker from China. According to the website, the broker specializes in trading precious metals and currency pairs. Again on the website, it is said that the founder of the company is Mr. Chen, who is the Chief Executive Officer. He controls all trading and operating activities of the company as well. Mr. Chen worked as a financial services supervisor of a major airline in the Middle East region. He then moved on to head the operation of a global forex broker in Europe. However, no names and links to these companies or photos of Mr. Chen are given. There is news though about the opening of an office in 2017 (for correspondence) in Cambodia at Unit 3C2, 3/F, P.G.C.T. Center, Street 274, Sangkat Tonle Bassac, Khan Cham Karmon, Phnom Penh, Cambodia. Strangely enough, Marigold Global Markets Corporation refuses to accept trading account applications from individuals and residents from Cambodia, Belize, Hong Kong, Seychelles and the United States. The website was created in 2012. There are many empty sections. Some links do not work. The latest update in the news section was in June 2017. If you want to open an account with this company, you will need:
You will also need to send a signed client agreement by email. After that, your trading account number and password will be sent to you. Next, you transfer money to the given account and start trading. You may contact representatives of the company or customer support service by e-mail: cs@mgmc-mg.com. You can also contact the broker by the phone number in Cambodia: +855 81 996 020 Pros: – Cons: the website is not updated, there is no regulation as well as not enough reliable feedbacks about the company activity.
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I was dealing with an MGMC broker but I can't trade frequently on their Platform. I have noticed that their price quote is fake and the spread going high on the news release time. I found my order delayed execution, As I got high slippage. So I want to withdrawal invest but their payment service is awful too. As I say MGMC broker isn't secure for any traders in the market.
I'm so satisfied and feel guilty after I joined MGMC broker for Forex trading. I'm trading with them using the MT4 platform, and they provide nice services for clients. The platform is stable and withdrawal of funds is reasonably quick, and their client support is very friendly and helpful. I made a good profit of $500. Yesterday, I decided to withdraw my money and made a request. I’ve got my money in a short time only 3 hours.
I have an quite nasty experience with MGMC broker. On 22 March I had opened two order with a Stop Loss at 55 pips distance and the platform executed that Stop Loss at 71 pips on EurJpy pair and lost $214 just in few hours. When I sent email their customer support, they blame that was my computer problem. I do not understand how it would be related to computer. So make a decision to withdraw my entire remaining fund of $800. After 24 days I got my money with the surprise. Can you see in your mind's eye they charge $ 247 for a $800 wire transfer? My advice is to stay away.
So happy to trade with MGMC. They are the best and professional broker that I have ever experience. I know that their minimum deposit is high, but it's really suitable for an experienced trader. I have been more than 10 years experiencing forex broker, and then after I found MGMC, I stopped looking for another broker. MGMC provides professional services, their trading platform is great with real prices as in the market, and no requotes at all. They provide all needed and important tools for trading. Trading with them is so comfortable because they will always be available when we need them.
I have been observing the trading platform of MGMC as I trade with them and so far, I have not encountered any issue while using it. I can say that their platform runs properly and I am able to trade comfortably. This is great because I am able to open and close trades on the prices that I desire.
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