M&G Spreads, leverage, minimum deposit Revealed
WikiFX | 2025-05-26 15:58
Abstract：M&G is a service provider of premier brokerage and financial services, which was founded in Ireland in 1996. It offers products and services for asset management, investments and long-term savings. Besides, markets with AUM less than £50m, and British overseas territories, crown dependencies and European microstates (except Malta) are not allowed. What's more, it should be noted that M&G's FCA license was exceeded, which means potential risks may exist.
M&G Information
M&G is a service provider of premier brokerage and financial services, which was founded in Ireland in 1996. It offers products and services for asset management, investments and long-term savings. Besides, markets with AUM less than £50m, and British overseas territories, crown dependencies and European microstates (except Malta) are not allowed. What's more, it should be noted that M&G's FCA license was exceeded, which means potential risks may exist.
Pros and Cons
Is M&G Legit?
M&G is licensed by the Financial Conduct Authority to offer services but the current status is exceeded. Its license number is 119328. The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.
M&G Services
Account Type
M&G Fees
Fees relate to the value of investment and so will depend on fund performance. Charges are calculated annually and taken daily. Details are not mentioned.
Trading Platform
Deposit and Withdrawal
The broker accepts payments done via Maestro, MasterCard Debit, Visa Debit & Visa Delta debit cards. The minimum deposit is £1. No minimum withdrawal amount defined and no fees or charges specified.
