Verified: MRG's Company Domain Name Was Registered In 2019 And Is A Futures Trading Company Headquartered In Jakarta. The Company Currently Has No Effective Supervision. Please Pay Attention To The Risks In Case The Funds Are Damaged.
Note: MRG As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company Accountable, The Lack Of Supervision Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Trader.
According To The Company's Official Website:
MRG Claims That They Were Established In 1998, But It Has Been Verified That The Company's Domain Name Was Registered In 2019 And Is A Futures Trading Company Headquartered In Jakarta.
The Company Claims To Be Authorized And Regulated By The Indonesian Commodity Futures Trading Regulatory Agency (bappebti), But It Has Been Verified That There Is No Relevant Regulatory Information On The Company, Or Its License Has Been Cancelled By The Relevant Regulators.
Market Tools
MRG Mainly Provides Investors With Commodities And Derivatives Futures Trading, Covering Foreign Exchange And Precious Metals.
Accounts And Leverage
MRG Has Three Account Types For Investors To Choose From: Gold (minimum Deposit Of $500), Silver (minimum Deposit Of $300) And Platinum (minimum Deposit Of $5,000). Please Note That The Maximum Leverage For Both Gold And Platinum Accounts Is 1:100, While Silver Accounts Offer Higher Leverage, Up To 1:200.
Spreads
Users Can Trade 18 Currency Pairs MRG Up To 10,000 Currency Units At A Time. Spreads Vary By Account Type, But Gold, Silver, And Platinum Accounts All Charge Floating Spreads. Reference Spreads Start At 2 Pips, 1.5 Pips, And 2 Pips Respectively.
Profit
MRG Charges Clients A Margin For Different Types Of Trades, Including Day Trading Margin And Overnight Margin. Likewise, Margin Requirements Vary By Account Type, With Gold, Silver, And Platinum Accounts Listed In Order Of $100 Per Lot, $50 Per Lot, And $1,000 Per Lot.
Trading Platform
MRG Offers Clients Access To The World's Financial Marekt Through The Metatrader 4 (mt4) Platform. Mt4 Is Widely Regarded As The Most Popular Online Forex And CFD Trading Platform. MT4 Can Be Used As A Web Platform On Any Browser, As Well As Desktop Downloads And Mobile Applications
Deposit And Withdrawal
MRG Mainly Advises Customers To Deposit And Withdraw Via Local Bank Transfer Methods, But The Company Has Not Disclosed Whether It Will Charge Any Fees For The Above Deposit And Withdrawal Methods.
Customer Support
To Ensure That Traders Can Get The Help They Want, MRG Provides Support Services Including Email, Direct Phone Calls And Live Chat. It Should Be Noted That The Trader's Business Is Mainly Located In Indonesia, So The Language Of Its Website Is Only One Indonesian Language.
