ATFX vs mgk global, 2024 Update
ATFX Rating
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mgk global Rating
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ATFX vs mgk global Guide |
Read our In-Depth ATFX vs mgk global Review - 2024 Update
This review comparing ATFX and mgk global has been refreshed for 2024 by industry experts boasting years of expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of ATFX vs mgk global does not apply to all countries as follows:
ATFX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
mgk global Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare ATFX vs mgk global
Each online trading platforms will have a few advantages and disadvantages, and a complete review of ATFX and mgk global should not be regarded as thorough without having a fair assessment.
Examine ATFX and mgk global to get a better understanding of how these platforms stack up with one another prior to you decide to open an account. A side-by-side comparison will put things in perspective in order that you're informed about the expectations.
So you are looking for a broker and are choosing between ATFX or mgk global. Who should you choose?
This ATFX vs mgk global comparison contains the latest information so you can easily compare mgk global against ATFX.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You'll acquire proficient at all of the concepts of brokerage as you keep trading. For starters, you have to choose the ideal agent who will be transparent with you always.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program has the potential to create hefty returns. ATFX and mgk global are two such stages that will take you and your investment into great heights. It is crucial that you compare ATFX vs mgk global until you trust them with your money.
Our ATFX vs mgk global comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ATFX and mgk global side by side.
Our entire ATFX vs mgk global Review covers all you need to know about trading with either ATFX or mgk global. A fantastic agent can multiply your initial investments and provide you favorable profits. If you want to earn profits, you must trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire way to guarantee profits; thus, you must carefully assess your agent before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
ATFX and mgk global are both brokers that have found their way successfully to the brokerage world. Within this review, we've tried to collate some of the vital aspects of both ATFX and mgk global. This review will allow you to understand whether either mgk global or ATFX is a good match for your own investments or not. We have attempted to breakdown all the qualities and charges for your convenience.
Benefits of ATFX and mgk global Compared
ATFX offers a minimum deposit of $100 while mgk global has a $250 minimum deposit.
Why smaller minimum deposits are good and how ATFX and mgk global compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
ATFX allows you to trade around 57 financial instruments whilst mgk global allows you to trade around 57 financial instruments on their platform.
The more financial instruments you can trade on the ATFX and mgk global trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of ATFX or mgk global.
ATFX and mgk global Contact Details
Being able to contact a broker through many ways is a sign of a professional broker. ATFX and mgk global have the following contact details and social medias that you can use.
Broker | ATFX | mgk global |
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ATFX Twitter Account | mgk global Twitter Account | |
ATFX Facebook Page | mgk global Facebook Page | |
ATFX Instagram Account | mgk global Instagram Account | |
ATFX LinkedIn Page | mgk global LinkedIn Page | |
YouTube | ATFX YouTube Channel | mgk global YouTube Channel |
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mgk global and ATFX Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of ATFX and mgk global we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
ATFX vs mgk global - Awards
ATFX vs mgk global - Frequently Asked Questions
ATFX vs mgk global - Headquarters And Year Of Founding
ATFX was founded in 2014 and has its headquaters in Cyprus.
mgk global was founded in 2011 and has its head office in Cayman Islands.
What is the minimum deposit for mgk global or ATFX
The minimum deposit for ATFX is $100.
The minimum deposit for mgk global is $250.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both ATFX and mgk global are a good choice.
ATFX vs mgk global - Regulation And Licencing In More Detail
ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC).
mgk global is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F278.
Both ATFX and mgk global have a strong set of rules for ensuring fair trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare ATFX vs mgk global Commission And Fees
ATFX and mgk global are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the number of clients they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly three types of penalties for this objective.
The first sort of charges to keep an eye out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In these cases, you're paying a spread, funding speed, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are people that are billed when you hold a leveraged position for more than a day.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your account. They are billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither ATFX or mgk global charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who often exchange, such as daily or weekly trading.
But, non-trading fees billed by ATFX and mgk global are relatively lower. Consequently, you are charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These are not about the purchase and sale of resources.
This ATFX vs mgk global review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For ATFX And mgk global
Broker | ATFX | mgk global |
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Minimum Deposit | $100 | $250 |
Withdrawal Fees | No | Yes |
Inactivity Fees | No | No |
Deposit Fees | No | Yes |
CFD Fees | No | Yes |
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What Languages Do ATFX And mgk global Support?
Being able to talk completely with your trading platform is a key element when comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you can find the languages that both ATFX and mgk global offer communication in.
How Many Clients Do ATFX and mgk global Have?
Both ATFX and mgk global are well known and trusted. It is important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers ATFX and mgk global are active on their platform
Broker | ATFX | mgk global |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do ATFX and mgk global Accept?
ATFX and mgk global both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at ATFX and mgk global
Broker | ATFX | mgk global |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | Yes |
Skrill | No | Yes |
Payoneer | Yes | Yes |
Neteller | No | Yes |
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What Can You Trade With ATFX and mgk global?
ATFX offers 57 trading instruments and mgk global offers 161.
Below you will find a full breakdown of what both ATFX and mgk global offer.
ATFX Review
ATFX vs mgk global:
Table Of Contents
- Compare ATFX vs mgk global
- Benefits of ATFX and mgk global Compared
- mgk global and ATFX Mobile App Comparison
- ATFX vs mgk global - Awards
- ATFX vs mgk global - Frequently Asked Questions
- What is the minimum deposit for mgk global or ATFX
- ATFX vs mgk global - Regulation And Licencing In More Detail
- Compare Broker Fees For ATFX And mgk global
- What Languages Do ATFX And mgk global Support?
- How Many Clients Do ATFX and mgk global Have?
- What Payment Methods Do ATFX and mgk global Accept?
- What Can You Trade With ATFX and mgk global?