Start Trading Currencies

Trade Currencies, The World's Largest Financial Market with Spreads from as Low as 0.1 pips.

Benefits of Currency Trading with MGT Trade

Trade with MGT Trade

At MGT Trade we work hard to enhance your trading experience.
As a global broker, our client’s satisfaction is in the center of our focus.

250+ Trading Instruments​

Wide range of global markets, including Forex, Indices, Commodities, Cryptos and more.

Innovative Platform​

We’re constantly improving our trading platform, trying to make it the best on the market.​

Fast & Qualified Support​

Our friendly customer support team is ready to help you – 24h hours a day from Monday to Friday.​

Forex Trading FAQ's

What is Forex?
Forex (acronym of Foreign Exchange) is where trading of currencies is prevalent on large platforms in order to improve foreign trades and businesses. This market is the most liquefied financial market filled with large number of investors and speculators. The size of other markets is dwarfish compared to the Forex Market. The most prominent reason for Forex market to be such a success is the requirement to trade currencies and since the market is full of activities, the average turnover it is around $5.3 trillion per day.
How does Forex trading work?
Currencies are at all times traded in pairs, i.e., buying of one currency and selling of the other. These are always cited in pairs such as Euro/US Dollar, US Dollar/Japanese Yen, Great British Pound/US Dollar, and US Dollar/Canadian Dollar. Trading of currencies is from across the world but the main financial centers are Frankfurt, Zurich, Tokyo, Hong Kong, Singapore, Paris, London, New York and Sydney.
What are the trading hours of Forex market?
Forex market is live 24 hours a day for five days of a week. It is necessary that one knows about the trading hours according to the preferred country. This market is an active circle with one market opening and another closing, thus making it awake for the entire 24 hours. Due to the dissimilarities in trading hours, people living at different parts of the globe can easily indulge in trading.
Where is the central location of Forex market?
There is no such central location of Forex market because the market is open for 24 hours a day, trading is done globally.

Risk warning: Trading in Contracts for Difference (‘CFDs’) carries a high level of risk and can result in the loss of all your investment. As such, CFDs may not be appropriate for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should become aware of all the risks associated with CFD trading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. For more information about the risks associated with trading CFDs please find and read our ‘Product Disclosure’.

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