Head-to-head broker comparison

MG FOREX vs Quadcode Markets

A side-by-side look at MG FOREX and Quadcode Marketsusing 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 logo

MG FOREX

Score 7.6

Competitive forex and CFD trading for beginners and pros alike

Quadcode Markets logo

Quadcode Markets

Score 8.28

ASIC-regulated trading with spreads from 0.9 pips

MG FOREX vs Quadcode Markets: the short verdict

Quadcode Markets carries the higher overall score of the two — 8.28 against MG FOREX's 7.6. Quadcode Markets lists more regulators than MG FOREX (2 to 1), including ASIC and CySEC. On platforms, MG FOREX lists MetaTrader 4 and MetaTrader 5 while Quadcode Markets lists Proprietary platform. MG FOREX is the longer-established of the two, trading since 1992 against 2022 for Quadcode Markets.

Side-by-side comparison

MG FOREX compared with Quadcode Markets
FeatureMG FOREXQuadcode Markets
Min Deposit$0$50 ,20€
Raw Spread100$Undisclosed
Max Leverage400:1Varies by jurisdiction and account type
RegulationsFCAASIC, CySEC
PlatformsMT4, MT5Proprietary platform
Islamic AccNoNo
Copy TradingYesNo
Overall rating7.68.28

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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