MF Global is the world's leading broker for exchange-traded futures and options and a leading intermediary in the markets for other major financial instruments around the world. We provide access to the world's largest and fastest growing financial markets through offices on five continents and affiliations with more than 70 financial exchanges. | |||
Established: UK 1783 (FSA 106052) | |||
Capitalisation: Undisclosed | |||
Languages: English, French, Italian | |||
Advantages | |||
1. Inter bank spreads - NO dealing desk intervention. 2. Direct access to liquidity 3. No dealing desk 4. No max trade size 5. FX Options 6. 24 Hour dealing desk 7. No Min Stop distance | |||
Disadvantages | |||
1. Min trade size $100k or currency equivalent 2. $10k min deposit 3. No Mini-accounts 4. Accepts US Citizens (Min account balance $100k) | |||
Terms & Conditions | |||
See website for details. | |||
Account Information | |||
Leverage: 1:40 | Commission: $0.00 | ||
Spread: Variable | Average PIP Spread: 0-4 | ||
Account Size (Min): $10,000 | Account Size (Max): Unlimited | ||
Trade Size (Min): $100,000 | |||
Market Maker: No | Direct Market Access (ECN/STP): Yes | ||
Stop and Limit Orders: Yes | Guaranteed Stop Orders with Fee: No | ||
Contingent Orders: Yes | Trailing Stops: Yes | ||
Scalping: Yes | Hedging: Yes | ||
Dedicated Account Handlers: Yes | Discretionary Management: No | ||
Interest On Balance: Yes | Islamic Swap-Free Accounts: No | ||
FX Forwards: Yes | Options: Yes | ||
Accepts US Citizens: Yes | |||
Traded Currencies Pairs: 25 (Trade more then 25 currency pairs and others available on request. Please contact us for a comprehensive list.) | |||
Base Currencies: 8 (GBP / USD / EURO / CHF / JPY / SGD / AUD / CAD and others available on request) | |||
Introductory Offer | |||
N/A | |||
Setup Costs and Duration | |||
24 Hours – 1 week | |||
Funding Methods and Costs | |||
Wire transfer at no cost. Debit card, CHAPS, BACS at no extra cost | |||
Additional Services | |||
CFD Trading, Spread Betting, Futures Trading and Share Dealing. | |||
CFD Trading: Yes | Spread Betting: Yes | ||
Futures Trading: Yes | Share Dealing: Yes | ||
Demo Account | |||
2 weeks free trial with demo account. | |||
Open Demo Account: Click Here >> | |||
Software Information | |||
Platform: Currenex / Strategy Runner / MTrade FX | |||
Web Browser and Application based Multi-Bank platforms. The prices are streamed by a number of international banks so that you are automatically obtaining the optimum trading spread. Our FX Systems also offer a comprehensive, fully functional charting package, live FX-related news feeds and API connection. | |||
Software Requirements | |||
No download required, online application only JAVA install. | |||
Training Facilities | |||
Demo Account, No personal training, happy to provide full support on how to use the platform, online infomation. Dedicated Account Handlers. | |||
24 Hour Trading: Yes | Live Chat Support: Yes | ||
Live Stream Quotes: Yes | Free Phone Support: Yes | ||
Mobile Trading: No | Mobile Alerts: No
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Wednesday, July 22
MF GLOBAL FOREX TRADING
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