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As an experienced forex trader, I’m always cautious when assessing account types, since the choice can significantly impact fees, access, and overall trading experience. With M&G, the account options seem geared more toward investment and long-term savings rather than active forex trading. Specifically, M&G offers ISAs, Junior ISAs, and OEIC accounts, all with a notably low minimum deposit of £1. On paper, this accessibility could appear appealing to new investors or those looking to start with smaller amounts. However, my priority is always the underlying security and transparency, especially for accounts involving real money. In M&G’s case, I noted that while the account types are straightforward, several red flags arise. The FCA license status is marked as “exceeded”—this is not typical and, in my professional experience, suggests increased regulatory risk. Additionally, numerous documented user complaints report difficulties with withdrawals and unexplained losses, indicating potential systemic problems regardless of the nominal account differences. When comparing M&G’s accounts to those at more established brokers, I don’t see any meaningful differentiation in terms of trading features, platforms, or investor protection. For me, even with a low entry barrier, the primary concern remains the safety of funds and the practical ability to withdraw profits, both of which appear questionable with this broker. On that basis, I would recommend extreme caution with all M&G account types until regulatory and operational clarity improves.