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MG Forex |
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 | Website: www.mgforex.com |
 | Headquarters: New York, NY, USA |
 | Phone: 1.212.835.0100 |
 | Regulated By: CFTC, member of NFA (US) |
 | NFA ID#: 0308808 |
 | Founded: 1992 |
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| Free Demo Account: | Yes (open a demo account) |
| Mini Forex Trading: | Yes |
| Minimum Account Size: | $500 |
| Minimum Trade Size: | 1 mini lot (10k) |
| Customers: | Individuals, institutional traders, money managers, and introducing brokers. |
| Languages: | English, Chinese, Russian, Spanish, Arabic, and German. |
Services: MG offers a complete trading package that includes proprietary forex trading platform DealStationFX, which features unique order capabilities such as OCO and IF Done orders. MG's platform also features custom charts, free real-time Dow Jones news, and wireless access that allows you to trade from your cell phone or PDA. All accounts feature 3-5 fixed spreads (for major currencies)*. MG's multi-currency accounts allow traders to deposit, withdraw, and maintain accounts in a variety of currencies and have the added ability to convert balances between accounts. Also, among MG's services are RB (IB) Program and special accounts for money managers.
* Spread is fixed under normal market conditions |
| Spreads: |
| EURUSD | 3 |
| GBPUSD | 5 |
| USDJPY | 4 |
| USDCHF | 5 |
| AUDUSD | 5 |
| EURCHF | na |
| EURGBP | 5 |
| USDCAD | 5 |
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