MG Financial Group
MG Financial Group is one of the oldest and most recognizable names in the foreign exchange industry. Founded in 1992, MG Financial has been offering online trading services since 1997. MG Financial Group helps private and institutional clients achieve their trading goals by offering a comprehensive forex trading package.
Long known for their integrity and professionalism, MG Financial is committed to meeting and exceeding their customers’ expectations and contributing to their success by offering transparent and accurate pricing, highly competitive spreads, a wide choice of leverage options, the ability to place orders in increments of 1/10th of 1 unit, unique orders such as the OCO and If Done, deposits and withdrawals in USD, EUR, JPY, GBP, AUD, and CAD, with the possibility of instantaneous balance conversion between accounts, and various types of managed account programs, including the Integrated Management Account and Multiple Option Account.
MG Financials DealStation trading platform, available in 6 languages, provides users with Live Charts, a comprehensive list of technical analysis tools and streaming news, proprietary 24-hour News & Analysis from affiliates at Forexnews.com, a free daily newsletters that summarize each of the 4 main trading sessions of the day, and Wireless and Alert services that help traders stay closer to the market.
- Founded: 1992
- Languages: English, Spanish, French, Chinese, Russian, Urdu
- Customer Service: Live chat
- Client Base: Private and Institutional clients from over 90 countries
- Commissions: None
- Demo Available: Yes
- Fees: Yes
- Language Support: English, Spanish, French, Chinese, Japanese & Russian
- Leverage: 400:1
- Mini Forex Account: Yes
- Minimum Account Size for Mini Accounts: $200
- Regular Forex Account: Yes
- Minimum Initial Deposit for Regular Account: $20/$1000 recommended
- Regulation: NFA - CFTC (USA)
- Services: MG offers a complete trading package that includes state-of-the-art forex trading platform MG DealStation. Traders can deposit, withdraw and maintain accounts in USD, EUR, GBP, AUD, JPY, and CAD and have the added ability to convert balances between accounts. All accounts feature 3-5 point spreads, complex orders (OCO and IF Done) and up to 400:1 leverage. Also available are custom charts, real-time news and wireless access
- Spreads: 3/5 pips
- Trade Size: flexiTrade available (0.1 units)
- Trading Platforms: DealStation
Headquarters: 40 Exchange Place, 12th Floor New York, NY 10005 USA
Phone number: 212-835-0100
Fax number: 212-835-0101
E-mail: service@mgforex.com
Company URL: www.mgforex.com