Frequently Asked Questions
Get quick and appropriate answers to some of the most frequently asked questions.
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Yes. We are the people’s FX broker. We have segregated accounts with our liquidity provider where the funds are secured
Yes, Mugan Markets is regulated by the Financial Sector Conduct Authority (FSCA).
The margin requirement for 200 leverage is 0.50% while with 500 leverage this is 0.20%
The less margin is needed the bigger sized trade you can open
A-book is when the broker if forwarding your orders to a financial institution a.e a bank.
B book is when the broker is actually taking the counter party of the trade (aka the broker is trading against you = conflict of interest
As we are constantly updating and adding symbols to our trading environment we suggest to open a demo and have a look
We currently do not have any limits on accounts
When opening a demo account you can select the initial amount you want to fund it with.
Removing or adding money to demo accounts unfortunately is not possible.
You can always close down an open a new demo if needed
A valid ID/Passport and a proof of residence such as a utility bill or bank statement not older then 3 months
Steps to Get Started with Forex Trading As simple as 1, 2, 3, 4
Only 4 steps to get you started with forex trading.
Download Trading Platform
These are not just blogs. Mini-courses with maximum value.
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