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Based on my in-depth review and careful examination of MFG's listed services and regulatory disclosures, I must note that MFG operates primarily as a securities and futures brokerage rather than a typical spot forex broker. Their primary regulatory oversight is from the Securities and Futures Commission (SFC) in Hong Kong, and MFG specifically advertises futures trading, investment products, and advisory services. However, throughout my assessment of all publicly available information, I could not find explicit details regarding maximum leverage for major forex pairs on any of their platforms. For me, this lack of transparent leverage information for spot forex is a critical consideration. In regulated Hong Kong environments and under SFC guidelines, leverage on futures products—such as currency or commodity futures—tends to be strictly defined by exchange requirements rather than broker discretion. This means leverage ratios can be substantially lower or highly standardized compared to unregulated offshore forex brokers. Without published figures, I cannot confirm MFG's exact leverage for major forex pairs or delineate how it might differ between, say, equity CFDs or other derivatives. From my experience, a prudent approach when evaluating any broker with unclear or unpublished leverage terms is to contact their support directly and request written confirmation on margin requirements for each asset class. It’s also important to periodically verify if the terms have changed, as client risk directly hinges on leverage thresholds. Overall, the absence of straightforward leverage information is a signal for me to proceed with caution, and I urge others to ensure they fully understand risks and regulatory structures before committing funds.