MG Forex Review
| Company: | MG Forex |
|---|---|
| Rating: |  |
| Minimum deposit: | $200 |
| Minimum lot size: | 10,000 units |
| Maximum leverage: | 1:400 |
| Average spreads: | 3-5 pips |
| Comission: | No |
| Currency pairs: | 8 |
| Regulation: | NFA, CFTC |
| Country: | USA |
| Founded: | 1992 |
| Payment: | Bank wire, Credit card, Check, Paypal |
MG Forex description
MG Financial Group, founded in 1992, is one of the oldest and most recognizable names in retail foreign exchange industry. MG's strength and focus are in providing online trading services for the foreign exchange market. MG Financial Group accepts customer orders via the Internet as well as over the phone.
In April of 1997, MG Financial Group released the first version of its online trading platform. This trading platform enabled traders to view real-time quotations, execute transactions, and track open positions. Since the trading platform’s introduction, important features such as real-time charting have been added.