easyMarkets vs mgk global, Who's The Best?
easyMarkets Rating
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mgk global Rating
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73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs mgk global Guide |
Read our In-Depth easyMarkets vs mgk global Review - for 2024
Our review comparing easyMarkets and mgk global has been updated to reflect any changes for 2024 from seasoned professionals boasting considerable expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of easyMarkets vs mgk global does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
mgk global Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs mgk global
Every online trading platforms will have some ups and downs, so a complete analysis of easyMarkets vs mgk global would not be regarded as thorough without having a balanced approach.
Assess mgk global and easyMarkets to get a better understanding of the way they compare against one another prior to you choose to make an account. Performing a comparative analysis will put things in perspective to ensure that you're aware of what you should anticipate.
So you are looking for a professional broker and are choosing between easyMarkets or mgk global. Who is better in 2024?
Our easyMarkets vs mgk global comparison contains the latest information so you can easily compare mgk global against easyMarkets.
If you're a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You will acquire adept at all the concepts of broker as you keep trading. For starters, you have to select the ideal agent who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. easyMarkets and mgk global are just two such platforms that will take you along with your investment into great heights. It's crucial to compare easyMarkets vs mgk global until you trust them with your money.
Our easyMarkets vs mgk global comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and mgk global side by side.
Our entire easyMarkets vs mgk global Review covers all you will need to know about trading with either easyMarkets or mgk global. A good agent can multiply your first investments and give you positive profits. If you would like 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 should carefully analyze your agent before you select them. It is a frequent misconception that all agents are the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
easyMarkets and mgk global are both brokers which have found their way successfully into the brokerage world. In this review, we have tried to collate a number of the important facets of both easyMarkets and mgk global. This review can help you to know whether either mgk global or easyMarkets is a fantastic fit for your investments or not. We've tried to breakdown all the features and fees for your convenience.
Benefits of easyMarkets and mgk global Compared
easyMarkets has a minimum deposit of $100 while mgk global offers a $250 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets 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.
easyMarkets allows you to trade around 200 financial instruments while mgk global allows you to trade around 200 available.
The more financial instruments you can trade on the easyMarkets 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 never want to miss out on a trading opportunity due to the limitations of easyMarkets or mgk global.
easyMarkets and mgk global Contact Details
Being able to contact an online trading platform simply is important. easyMarkets and mgk global have the following contact details and social medias that you can use.
Broker | easyMarkets | mgk global |
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Telephone Number | +357 25 828 899 | |
support@easymarkets.com | ||
Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
easyMarkets Twitter Account | mgk global Twitter Account | |
easyMarkets Facebook Page | mgk global Facebook Page | |
easyMarkets Instagram Account | mgk global Instagram Account | |
easyMarkets LinkedIn Page | mgk global LinkedIn Page | |
YouTube | easyMarkets YouTube Channel | mgk global YouTube Channel |
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mgk global and easyMarkets 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.
This part of comparing easyMarkets and mgk global will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
easyMarkets vs mgk global - Awards
Broker | easyMarkets | mgk global |
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Awards |
easyMarkets have won many industry awards over the time they have been running as an online trading platform. We detail the most notable awards for easyMarkets here.
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At the time of writing this mgk global review, and despite mgk global’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs mgk global - Frequently Asked Questions
easyMarkets vs mgk global - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.
mgk global was founded in 2011 and has its head office in Cayman Islands.
What is the minimum deposit for mgk global or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for mgk global is $250.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and mgk global are a good option.
easyMarkets vs mgk global - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
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 easyMarkets and mgk global have a strong set of rules for ensuring honest trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare easyMarkets vs mgk global Commission And Fees
easyMarkets and mgk global are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. In other words, an internet broker isn't necessarily affected by the number of customers they have.
But this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three different types of fees for this objective.
The first kind of charges to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In such cases, you are paying a spread, funding rate, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are those that are charged when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake on your account. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither easyMarkets or mgk global charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
But, non-trading fees billed by easyMarkets and mgk global are relatively competitive. As a result, you're billed more for non-trading activities on your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of resources.
This easyMarkets vs mgk global review for 2024 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And mgk global
What Languages Do easyMarkets And mgk global Support?
Being able to talk easily with your trading platform is a key way of comparing brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading forex.
Here you can find the languages that both easyMarkets and mgk global support.
How Many Clients Do easyMarkets and mgk global Have?
Both easyMarkets and mgk global are well known and trusted. It is important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers easyMarkets and mgk global are working with
Broker | easyMarkets | mgk global |
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Clients / Users | 142,500+ | 10,000+ |
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What Payment Methods Do easyMarkets and mgk global Accept?
easyMarkets 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 easyMarkets and mgk global
What Can You Trade With easyMarkets and mgk global?
easyMarkets offers 200 trading instruments whilst mgk global offers 161.
Below you will find a full breakdown of what both easyMarkets and mgk global offer.
easyMarkets Review
easyMarkets vs mgk global:
Table Of Contents
- Compare easyMarkets vs mgk global
- Benefits of easyMarkets and mgk global Compared
- mgk global and easyMarkets Mobile App Comparison
- easyMarkets vs mgk global - Awards
- easyMarkets vs mgk global - Frequently Asked Questions
- What is the minimum deposit for mgk global or easyMarkets
- easyMarkets vs mgk global - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And mgk global
- What Languages Do easyMarkets And mgk global Support?
- How Many Clients Do easyMarkets and mgk global Have?
- What Payment Methods Do easyMarkets and mgk global Accept?
- What Can You Trade With easyMarkets and mgk global?