Review summary
MGX foundation LTD is an entity registered in Cyprus with a reported operational history of 1-2 years. The firm operates without any valid authoritative forex trading licenses from recognized financial regulators, leaving client activities without formal financial oversight. It structures its service tiers from START to DIAMOND accounts, requiring minimum deposits from $2,000 to $50,000 and offering maximum leverage from 1:200 up to 1:500. Its WikiFX score of 1.17 reflects significant operational and regulatory concerns. Prospective traders must exercise a high degree of caution due to the complete absence of a regulated framework and client protection mechanisms. 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: 2026-04-12)
