Logo
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Company Information
https://pforex.vip/r/Broker-mgforex
Moving Account
For more information, contact us
Rebate & Cashback
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Min Deposit
100
Max Leverage
100
Foundation Date
–
Headquartered
–
Regulation & Company Information
MG Forex continues to strive to be relevant in a constantly changing atmosphere that is Forex trading, while still being one of the oldest retail brokers out there.
They currently have a promotion that if a live account is funded via paypal, MG will refund any paypal fees. Additionally, a live account funded via bank wire transfer, MG will refund the wire fees charged by the bank.
Their customer service is also very good and responsive. Also available is a managed account fund, for those who would rather let a professional do the trading.
At first glance everything about www.mgFOREX.com and the MG Financial Group seems simple. They offer one main platform, the DealStation, which is available in a number of versions.
They offer one type of trading: FOREX. They offer a limited number of crosses: ten popular pairs. Even deposits are acceptable in only two forms: check or wire.
But once the trader starts digging in to the MG FOREXWeb site, he will find that the brokerage service is like a big puzzle, with scattered pieces that have to be put together in order to see the big picture.
The puzzle begins with “MG.” What the “MG” in MG Financial Group (the company behind www.mgFOREX.com, stands for is a bit of a puzzle. (It’s not on the site, but it stands for “Money Garden.”)
Their exact relationship to FOREXnews.com, a news and market resource, is also a bit of a puzzle, as is their relationship (and links) to other software sites.
In the FOREX environment, where a trader may be investing large sums of money, any uncertainty about a broker and its business ties may be unsettling to some.
Platforms
Metatrader 4.0
- MetaTrader4 (MT4) Trading Platform is a terminal that enables users to trade on Forex.
- This popular client-side MetaTrader4 terminal allows traders to analyze dynamics in financial markets, make deals, develop and use automatic trading software.
Account Type
- Standard Account
Supported Language
- English
Withdrawal Method
- Credit card
Contact Information
You can contact MGForex.com with [email protected]
Customer support: +153 212 102 595
Adavantages
- The platform is even more customizable, with more room for adding tabs and workspaces to add more charts to be viewable at your fingertips.
- Trailing stops are now available.
- Trades can be made directly from the charts by right clicking, and one click trading is also featured.
- New technical indicators have been added to the mix.
- Economic events can be “plotted” on the charts to make sure that traders are aware of when important news data is coming out.
- A more comprehensive account management area where withdrawal forms and account reports are available.