MorganFinance

MorganFinance Information

MorganFinance is a broker. The tradable instruments with a maximum leverage of 1:300 include forex, commodities, stocks, and indices. The broker also provides five accounts, including bronze, silver, gold, platinum, and diamond. The minimum deposit is $250. MorganFinance is still risky due to its unregulated status.

Pros and Cons

Is MorganFinance Legit?

MorganFinance is not regulated, making it less safe than regulated brokers.

What Can I Trade on MorganFinance?

MorganFinance offers various market instruments, including forex, commodities, stocks, and indices.

Account Type

MorganFinance has five account types: bronze, silver, gold, platinum, and diamond. Traders who want low leverage can choose a bronze account, while those with a sufficient budget can open a diamond account.

Leverage

The maximum leverage is 1:300 meaning that profits and losses are magnified 300 times.

Trading Platform

MorganFinance cooperates with the authoritative MT4 and MT5 trading platform. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 not only provide various trading strategies but also implement EA systems.

Deposit and Withdrawal

The minimum deposit is $250. MorganFinance accepts Maestro, MasterCard, Bank Transfer, Wire Transfer, Visa, and Credit Card for deposit and withdrawal. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.