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Trading Overview
MGMC TRADER Trading Conditions Overview

MGMC offers interbank-level pricing, high-speed execution and advanced MGMC TRADER trading conditions to create the ultimate trading environment. All the right trading tools are at your disposal enabling you to take advantage of opportunities to maximize your trading potential on Spot metals, trading markets.All Trading Conditions are in accordance with the trading platform as a priority.

  Spot metals
Leverage – Margin Requirements US$1,000/lot
Spreads Gold - $0.40/oz.
Silver - $0.04/oz.
Margin Required for Hedge Position No additional margin required for any hedged positions if your account margin level is more than 100%
Minimum/Maximum Trade Size Minimum: 0.1 lot (some instruments); Maximum: 30 lots or as per arranged
Commission USD 50
Minimum Initial Deposit USD 3,000 or equivalent
Payment Methods Bank Wire, Bank Deposit
TOP TRADER Trading Platforms Available Client Terminal, MGMC Top Trader (iPhone &iPad),
MGMC Top Trader (BlackBerry®), MGMC Top Trader (Android), Smartphone, Mobile PDA
Additional Information Negative balance protection, Limit and Stop Levels in forex are always fixed.
Operating Times Monday to Thursday 00:00 to 22:00 (GMT +1)
(Winter Time 00:00 to 23:00 (GMT +1))
Friday 00:00 to 20:00 (GMT +1)
(Winter Time 00:00 to 21:00 (GMT +1))
Maintenance Times GMT+1 Time 22:00 to 24:00 Close for Maintenance (Monday to Friday, Daily)
Dedicated Live Support Customer Support available 22 hours ( Monday to Friday 00:00 to 22:00 (GMT +1) )

Market-leading prices with fractional pricing

We monitor the market throughout the day to ensure you can access the tightest spreads. Prices are quoted to the fourth decimal point, allowing you to profit from the smallest price movements.

No additional margin required for hedged positions

We offer the option of hedge trades providing you with the ability to open locked positions with no additional margin requirement if your account margin level is more than 100%.

MGMC offers secure systems to execute your trades. Together with news and commentary of the global markets from our in-house economists and strategists, and with news feeds from major news/prices providers, you are always in the best position to trade with MGMC forex conditions.

Choice of account currency

Open a Trading Account in USD. Trade the lot size you want

Choose your trading size

Whether you're a beginner or seasoned trader, you can choose the lot size to suit your strategy, from a minimum of 1 lot with very low commission charged on forex or spot metals trades.

Negative balance protection

MGMC uses an automated transaction monitoring and risk management system to ensure that your balance will never fall below the level of your initial deposit, protecting you from any losses beyond your original investment.

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