MFG Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-05-23 23:35

Abstract：MFG is allegedly a Britain broker that provides its customers with supreme trading platforms, some trading instruments with leverage as high as 1:1000, and a choice of three different tailored account types.

　　Note: Since this brokers official site (https://www.milliniumfg.com/en/) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.

　　General Information

　　MFG is allegedly a Britain broker that provides its customers with supreme trading platforms, some trading instruments with leverage as high as 1:1000, and a choice of three different tailored account types.

　　Account Types

　　There are three live trading account types offered by MFG, namely Standard, ECN and VIP. However, we cannot find any useful information about the minimum initial deposit to open an account on the Internet.

　　Leverage

　　Clients holding different account types can enjoy different maximum leverage ratios. The traders on the Standard account enjoy the maximum leverage of 1:1000, while the ECN and VIP accounts both with leverage as high as 1:500. Attention that too high leverage is not always beneficial for traders due to its consistent gains and losses.

　　Customer Support

　　MFGs customer support can be reached through telephone: +448888888, email: support@milliniumfg.com. Company address: Apartment 1804 55 Upper Ground, London, England, SE1 9EY.