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Rating Index

Pros

MGM Global offers a diverse range of trading instruments, including forex, cryptocurrencies, shares, metals, indices, and energies, allowing traders to explore and diversify their portfolios.

The broker provides a user-friendly trading platform with both web and mobile versions, enhancing accessibility and ease of use for traders.

MGM Global offers personalized one-on-one training sessions, which can help traders improve their skills and gain valuable insights into the market.

Cons

MGM Global does not provide a demo account, limiting the ability for traders to test the platform and services before committing real funds.

The broker lacks regulation, raising concerns about the safety and security of traders' funds.

There are reports of hidden fees and a lack of transparency regarding leverage and spreads, which can lead to unexpected costs for traders.

MGM Global broker Accounts

MGM Global Account Type

MGM Global offers a diverse range of trading account types tailored to suit traders of various skill levels and investment capacities. Here are the account types available:

Bronze Account

Minimum Deposit: $10,000
Features: Personal account manager, trading platform introduction, risk management strategies and guidance, basic market education sessions.

Silver Account

Minimum Deposit: $25,000
Features: All Bronze account features plus personalized trading alerts.

Gold Account

Minimum Deposit: $50,000
Features: All Silver account features plus risk-free trades and practical guided trading sessions.

Premium Account

Minimum Deposit: $100,000
Features: All Gold account features plus eligibility for the MGM Global managed account service.

Platinum Account

Minimum Deposit: $250,000
Features: All Premium account features plus higher leverage opportunities and eligibility for the MGM Global managed account service.

VIP Account

Minimum Deposit: $500,000+
Features: Membership in the elite VIP trading club, unlimited access to the brokerage's elite trading team, and exclusive trading strategies.

VIP+ Account

Minimum Deposit: $1,000,000+
Features: All VIP account features plus managed account services with a 30-day trial.

MGM Global Broker Account Opening Process

Opening an account with MGM Global is a straightforward process. Follow these steps to get started:

Visit the Registration Page: Go to the MGM Global website and navigate to the registration section.
Fill in the Registration Form: Provide the required personal information, including your name, email address, and phone number.
Deposit Funds: After your account is created, you will need to make an initial deposit. The minimum deposit is $300, but higher amounts are encouraged for better trading opportunities.
Account Verification: Submit the necessary documents for identity verification, such as a passport or government-issued ID.
Start Trading: Once your account is verified, you will receive confirmation, and you can log in to the trading platform to begin trading.

By following these steps, you can easily open an account and start your trading journey with MGM Global.