MG Market Account Type

　　MG Market offers four types of trading accounts for both retail and professional traders: Cent, Standard, ECN Pro, and ECN Prime. The minimum deposit to open a Cent, Standard, or ECN Pro account is just $10, making it accessible for new traders. However, the ECN Prime account requires a significantly higher initial deposit, starting at $20,000. Each account type comes with different features regarding spreads and commissions:

• Cent Account:
• Minimum Deposit: $10
• Spread: Starts at 2.5 pips
• Commission: Commission-free trading
• Standard Account:
• Minimum Deposit: $10
• Spread: Starts at 1.5 pips
• Commission: Commission-free trading
• ECN Pro Account:
• Minimum Deposit: $10
• Spread: From 0.1 pips
• Commission: $88 per lot
• ECN Prime Account:
• Minimum Deposit: $20,000
• Spread: From 0.0 pips
• Commission: $3 per lot

　　All accounts offer swap-free options and support for Expert Advisors (EAs) for automated trading.

　　

MG Market Broker Account Opening Process

　　Opening an account with MG Market is a straightforward process that can be completed in a few simple steps:

• Click on the "Open an Account" link on the MG Market website.
• Fill out the required details in the registration form that appears.
• Upload your personal data for verification purposes.
• Choose your preferred payment method, fund your account, and start trading.

　　The entire process is designed to be user-friendly, allowing traders to quickly set up their trading accounts and begin accessing the financial markets.