FXCM vs MG FOREX
A side-by-side look at FXCM and MG FOREXusing the data we hold on each — score, regulators, platforms, minimum deposit, spreads and leverage. Blank fields mean we have nothing verified on record, not a “no”.
MG FOREX
Score 7.6Competitive forex and CFD trading for beginners and pros alike
FXCM vs MG FOREX: the short verdict
FXCM carries the higher overall score of the two — 9.4 against MG FOREX's 7.6. FXCM lists more regulators than MG FOREX (4 to 1), including ASIC, CySEC and FCA. Both run on MetaTrader 4. FXCM additionally lists Proprietary platform and Web-based; MG FOREX lists MetaTrader 5. MG FOREX is the longer-established of the two, trading since 1992 against 1999 for FXCM.
Side-by-side comparison
| Feature | FXCM | MG FOREX |
|---|---|---|
| Min Deposit | $50 | $0 |
| Raw Spread | 0.2 pips | 100$ |
| Max Leverage | Varies by jurisdiction and account type | 400:1 |
| Regulations | ASIC, CySEC, FCA, +1 others | FCA |
| Platforms | MetaTrader 4, Proprietary platform, +1 others | MT4, MT5 |
| Islamic Acc | No | No |
| Copy Trading | No | Yes |
| Overall rating | 9.4 | 7.6 |
This comparison is an independent directory listing, not financial advice or a recommendation. Trading forex and CFDs carries a significant risk of loss. Always verify a broker's regulatory status with the official authority before depositing.
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