MG Forex & Trading Intl.
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.
Benefits of Trading with MG Financial:
DealStation™, which went live on January 30th 2000, has revolutionized forex-trading platforms by offering traders the latest Java “Push” Technology, which immediately “pushes” new information to your computer, automatically updating your screens. The implementation of Java technology enhances overall system performance, which will improve speed and execution time. Since then MG has also added Desktop and HTML versions of the DealStation™.
News/Research
MG Financial Group began a news/research in the middle of 1997. This division was formed to provide MG Financial Group's clients with up-to-date information on the foreign exchange market. Analysts of the news/research division contribute expert commentary on MG's affiliate news & analysis website, Forexnews.com. MG's team of analysts is frequently quoted in publications such as The Wall Street Journal, The Financial Times, Investors Business Daily, and interviewed on Bloomberg TV.
Wireless Trading
In order to increase the connectivity between the trader and the market, MG also added alert!fx™ and Wireless trading to its product line. Traders can now use their web-enabled Mobile Phones or Personal Digital Assistants to connect to our proprietary wireless version of the DealStation™ to check rates, charts & news, to monitor account status, and to place orders. alert!fx™ sends rate, news, margin and technical indicator alerts to any email-enabled device of trader's choice.
Fidelity Bond Insurance
In 1998, MG Financial Group became the first foreign exchange market maker to obtain fidelity bond insurance. The insurance, issued through the subsidiary of a NYSE company, protects the assets of MG Financial Group from fraud and embezzlement by members of the firm.
Trading
- Commission-free trading. MG Financial Group is compensated for its services through the spread between the bid/ask prices
- Transparent and accurate pricing.
- Highly competitive spreads (3 pips on EURUSD and 4 pips on USDJPY).
- Wide choice of Leverage for different trading styles (50:1, 100:1, and up to 400:1)
- flexiTrading allows you to place orders in increments of 1/10th of 1 unit (e.g. 0.1, 0.3, 1.2, 3.7 etc). Fine-tune the unit size to your trading strategy.
- Unique orders such as the OCO and If D one let you plan more sophisticated trading strategies.
- Deposits and Withdrawals in USD, EUR, JPY, GBP, AUD, and CAD.
Possibility of instantaneous balance conversion between accounts.
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