MG Market Account Types

MG Market offers four types of trading accounts designed to cater to different trading needs and preferences:

• Cent Account
• Minimum Deposit: $10
• Leverage: Up to 1:1000
• Spread: From 2.5 pips
• Commission: No commission
• EA Allowed: Yes
• Swap-Free Option: Available
• Standard Account
• Minimum Deposit: $10
• Leverage: Up to 1:500
• Spread: From 1.5 pips
• Commission: No commission
• EA Allowed: Yes
• Swap-Free Option: Available
• ECN Pro Account
• Minimum Deposit: $10
• Leverage: Up to 1:500
• Spread: From 0.1 pips
• Commission: $8 per lot
• EA Allowed: Yes
• Swap-Free Option: Available
• ECN Prime Account
• Minimum Deposit: $20,000
• Leverage: Up to 1:100
• Spread: From 0.0 pips
• Commission: $3 per lot
• EA Allowed: Yes
• Swap-Free Option: Available

MG Market Broker Account Opening Process

Opening an account with MG Market is a straightforward process that involves the following steps:

• Visit the Website: Go to MG Market's official website.

• Click on "Open an Account": Find and click the link to start the account opening process.

• Fill in Required Details: Complete the registration form with necessary personal information.

• Upload Identification: Provide personal identification documents for verification purposes.

• Choose Payment Methods: Select your preferred payment methods for funding your account.

• Fund Your Account: Deposit the minimum required amount based on the account type you choose.

• Start Trading: Once your account is funded, you can begin trading with MG Market.