easyMarkets vs mgk global, Who's The Best?
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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 - 2024 Update
This comprehensive analysis of easyMarkets and mgk global has been updated for 2024 by seasoned professionals boasting years of financial experience 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 certain ups and downs, and a complete easyMarkets and mgk global review would not be regarded as thorough without adopting a fair assessment.
Assess easyMarkets and mgk global in order to understand how they stack up with each other prior to you choose to open an account. A comprehensive comparison will put things in perspective in order that you are informed about what you should anticipate.
So you are looking for a broker and are choosing between easyMarkets or mgk global. Who is better in 2024?
Our easyMarkets vs mgk global comparison contains the most recent information so you can easily compare mgk global against easyMarkets.
If you're a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You will get proficient at all of the concepts of broker as you continue trading. For starters, you have to choose the right agent who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. easyMarkets and mgk global are two such companies which will take you and your investment into great heights. It's important that you compare easyMarkets vs mgk global until you trust them with your cash.
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 full easyMarkets vs mgk global Review covers everything you need to learn about trading with either easyMarkets or mgk global. A good broker can multiply your initial investments and provide you favorable profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investment goals.
There is no sure-fire method to guarantee profits; thus, you should carefully analyze your broker before you choose them. It's a common misconception that all agents are exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
easyMarkets and mgk global are both brokers that have paved their way successfully into the broker world. Within this review, we've tried to collate some of the vital facets of both easyMarkets and mgk global. This review can allow you to know whether either mgk global or easyMarkets is a fantastic fit for your investments or not. We've tried to breakdown all of the qualities 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 has around 200 on their platform.
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 seriously do not 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 a broker through many ways is important. easyMarkets and mgk global have the following contact details and social medias that you can use.
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Broker | easyMarkets | mgk global |
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
It is becoming increasingly important for brokers to offer simple-to-use apps that provide 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 both apps as better than 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. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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
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Broker | easyMarkets | mgk global |
Awards |
easyMarkets have won a lot of industry awards over the years they have been running as an online trading platform. We detail the most notable awards for easyMarkets below.
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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 choice.
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 powerful collection of rules for ensuring fair trading onto their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client information is to not 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 most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the amount of customers they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 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're billed trading fees. In these cases, you are spending a spread, funding rate, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Funding or overnight prices are those who are billed when you hold a leveraged position for longer than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake in your accounts. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither easyMarkets or mgk global charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by easyMarkets and mgk global are comparatively competitive. As a result, you're billed more for non-trading actions on your trading account, like withdrawal and deposits. These aren't about the sale and purchase of assets.
This easyMarkets vs mgk global review for 2024 breaks down each 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 chat easily with your trading platform is a key part of comparing online brokers to find your perfect broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key factor to success when trading forex.
Here you can find all the languages that both easyMarkets and mgk global offer communication in.
How Many Clients Do easyMarkets and mgk global Have?
Both easyMarkets and mgk global are well established with their customer base. It is important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients easyMarkets and mgk global are working with
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Broker | easyMarkets | mgk global |
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 while 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?