Global Broker Regulation Inquiry App
WikiFX
Sanford 
1-2 years
What are the pros of MGX Brokers?
Broker Issues
Regulation
08-02
United States
WikiFX
Reply
One of the benefits of MGX Brokers being regulated by the FSA is that it offers a layer of credibility compared to completely unregulated brokers. Additionally, MGX offers a wide range of market instruments, flexible leverage up to 1:1000, and a variety of account types, including Islamic accounts. I also like that demo accounts are available for practicing before diving into live trading.
Similar Questions
Does MetaGold have any cons?
Дмитрий
08-06
How secure is my money with LMAX Group?
Ibgentle
08-02
How would you assess the trustworthiness of Renaissance Capital, considering both reviews and your own evaluation?
Ibgentle
08-06
What are the benefits of using SHIMADAI?
Abu00saeed
08-01
What are the pros of XMR Markets?
Thobani Dlalda
07-21