We give you all the required trading information you need, including good rates, spreads and leverage, and other benefits of being an investor under our platform. All provided to ensure a safe and comfortable trading experience.
In the simplest form, MGI Trading is a form of speculative futures trading, whereby the payoff is either a pre-agreed amount or nothing at all. This total dual outcome is the reason the term "trading" is used. trading Options can be applied to a broad number of assets, including commodities, stocks, indices and even currency pairs.
The main prerequisite required by these assets is that their values fluctuate constantly throughout each trading day.
This is important as you never actually buy an asset when you purchase a trading option; you are simply making a speculative investment on an assets behavior over a set period of time. trading options have gained much popularity in recent years, due to their simple up/down nature, the low cost required to participate and the increased return on investment profits (ROI).
They are now more accessible and successful than ever, and we provide an incredible opportunity for investors to earn vast profit in a space of one month. The content of this terms of service is for information purposes to guide the stakeholders and investors as they sign up with MGI Trading.
The terms and conditions of this agreement, and its acceptance of investor’s application to open and have a managed account with MGI Trading. This company/platform will maintain one account in customer’s name, and will effect cash settled transaction with and for the customer, and provide such other services and products, as MGI Trading platform may.
Before you can become an investor under MGI Trading, you have to first register yourself, choosing any of the different investment packages/account types we offer. On completion of registration, your account will be verified, and a trader/account manager assigned to you. To start trading with us, the investor must fund his/her account with the minimum deposit of $300, and the maximum deposit of $1,000,000(One Million Dollars), which falls under the different investment packages/account types we offer.
After period of trade of selected package, investors are eligible for withdrawal or rolling over of their accounts (compounding). Investors are advised to notify their traders three days before withdrawal.
ANTI-MONEY LAUNDERING POLICY
MGI Trading does not tolerate money laundering and supports the fight against money launders.
MGI Trading Financial Services follows the guidelines set by the Germany’s joint money laundering steering group. The Germany’s is a full member of the Financial Action Task Force(FATF), the intergovernmental body whose purpose is to combat money laundering and terrorist financing. MGI Trading now has policies in place to deter people from laundering money.
These policies include: Ensuring clients have valid proof of identification Maintaining records of identification information Determining that clients are not known or suspected terrorist by checking their names against list of known or suspected terrorist. Informing clients that the information they provide may be used to verify their identity Closely following clients’ money transactions Not accepting cash, money orders or third party transactions Money laundering occurs when funds from an illegal/criminal activity are moved through the financial system in such a way as to make it appear that the funds have come from legitimate sources.
Money Laundering Usually follows three stages: Firstly, cash or cash equivalents are placed into the financial system. Secondly, money is transferred or moved to other accounts, through a series of financial transactions designed to obscure the origin of the money. And finally, the funds are re-introduced into the economy so that the funds appear to have come from legitimate sources (e.g. closing a futures account and transferring the funds to a bank account).
Trading accounts are one vehicle that can be used to launder illicit funds or to hide the true owner of the funds. In particular, a trading account can be used to execute financial transactions that help obscure the origins of the funds MGI Trading Financial Services direct funds withdrawal back to the original source of remittance, as a preventive measure. International Anti-money Laundering requires financial services institutions to be aware of potential money laundering abuses that could occur in a customer account and implement a compliance program to deter, detect and report potential suspicious activity. These guidelines have been implemented to protect MGI Trading sand its clients. HAPPY INVESTING!!!
LICENSING AND REGULATION
Obviously, like any online transaction, if you are going to put your money somewhere, you need to know that it is in safe hands. Any platform where you are financially transacting needs to be licensed and regulated for you to be confident that your money is safe. Each country has its own regulator and rules surrounding regulation and you should always look for the licensing accreditation when you are selecting who to trade with. If something goes wrong, or if you have a question about an element of trading you need to know that there is someone there to help and advise you. This can be a 24-hour virtual assistant or someone on the end of the phone in trading hours. We offer a high level of customer service.
CFD or contract for difference trading is a form of derivative trading which allows you to trade on global markets and predict the rise and fall of those markets. The money is made or lost on the difference in price of the asset when the contract is entered and the price when it is exited hence the name Contract for Difference. CFD trading has become increasingly popular because of the tax benefits but also because it can generate high profits.
The extensive choice of markets available to trade, make it a good choice. Choose to trade in Forex, commodities, stocks and indices. As with any form of trading, it is essential to choose your trading company wisely. It is critical to make an informed decision based on a number of factors. This is where we come in. We conduct the research, so that you don't have to. Once we have tried and tested a market, we bring you a full review of the best that the market has to offer, so that you can make the best out of your investment.
HOW DOES CFD TRADING WORK
CFD or Contract for Difference trading requires you to predict the rise or fall of various market; Forex, commodities, stocks and indices. You don't actually purchase the assets, instead you enter a contract between you and the broker. Let's say you want to trade on the outcome of the UK FTSE 100 and you expect it to rise.
You enter the contract at the current price of the FTSE 100 and then when you are ready to exit the difference in price (the spread) is what you get paid on. You can buy multiple contracts which then multiplies the spread by the number of contracts you buy.
This is your profit. In order to maximize you return on Investment (ROI) profit, you need to ensure that you are trading on a reliable platform with a good trading company. There is much to consider when choosing a trading company/platform.
DIVERSITY OF MARKETS
If you look at the number of Forex pairs, commodities, indices and stocks that you could choose to trade in there are literally thousands. What you want is the option to choose which of these markets you want to trade. Choosing a broker that offers a wide selection means that you have much more choice. Make sure you check what is available before you open an account.
If you want to trade non fiat currency markets, check out cryptocurrency trading.
For many, time is a valuable commodity. No longer do people have the time to be sat In front of a computer at a desk all day. They need the flexibility to be able to trade on the move. That is why having a good mobile offering is critical.