Global Broker Regulation Inquiry App
WikiFX
DoreenVanDenHeever 
1-2 years
What are the pros of MagnetFX?
Broker Issues
Regulation
07-15
United States
WikiFX
Reply
For me, the pros are quite clear: strong regulation (BAPPEBTI + ICDX), access to the MT5 trading platform, and a free demo account that I’ve used extensively for strategy testing. I also like that MagnetFX withdrawal and deposit processes are done online and are quite smooth, especially for Bank BCA customers like me, who get instant top-ups with no fees.
