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FXB-Overview of Minimum Deposit, Spreads & Leverage

Mckay Global Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-06 14:02

Abstract:Mckay Global Markets was established in 2010 in Australia, offering trading services related to securities, futures, CFDs, and margin FX. This company was once regulated in Australia, but its license was exceeded, which means potential risks may exist. Besides, it does not reveal much information about trading details and account choices.

Mckay Global MarketsReview Summary
Founded2021
Registered Country/RegionAustralia
RegulationASIC (Exceeded)
Market InstrumentsSecurities, futures, CFDs, Margin FX
Demo Account/
Leverage/
Spread/
Trading Platform/
Min Deposit/
Customer SupportContact form
Tel: +61 2-8007-4673
Email: support@mckaymarkets.com
Social media: Facebook, Twitter, Instagram, YouTube, Linkedin
Contact Address: 3 BENNETT ST EAST PERTH WA 6004, Australia
Register Address: Suite 608 Level 6, 97-99 Bathurst Street, Sydney, NSW, 2000, Australia
Regional RestrictionUSA

  Mckay Global Markets was established in 2010 in Australia, offering trading services related to securities, futures, CFDs, and margin FX. This company was once regulated in Australia, but its license was exceeded, which means potential risks may exist. Besides, it does not reveal much information about trading details and account choices.

Mckay Global Markets' homepage

Pros and Cons

Pros Cons
Diverse tradable assetsExceeded ASIC license
Various channels for customer supportLack of transparency
US clients are not allowed

Is Mckay Global Markets Legit?

  Mckay Global Markets was once regulated by Australia Securities & Investment Commission (ASIC), but the license was exceeded. Besides, the current status shows that client transferring is prohibited. Therefore, potential risks cannot be ignored.

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Australia Securities & Investment Commission (ASIC)ExceededAustraliaInvestment Advisory License346282
Exceeded ASIC license
Domain information

What Can I Trade on Mckay Global Markets?

  Mckay Global Markets provides several types of products, including securities, futures, CFDs, and margin FX.

Tradable Instruments Supported
Securities✔
Futures✔
CFDs✔
Margin FX✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on Mckay Global Markets?

Related broker

Suspicious Clone
Mckay Global Markets
Company name:Mckay Global Markets Pty Ltd
Score
1.34
Website:https://www.mckaymarkets.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | Suspicious Overrun
Score
1.34

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