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.

Sign Up

Deposit Funds

Download Trading Platform

Start Trading


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Discover trading secrets in this Forex 101 basics course

Forex Trading 101: The Ultimate Guide

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Try Demo Trading

Don't know where to start? IMG FX's demo trading account provides you the opportunity to practice trading with virtual funds.