Murong-Overview of Spreads & Leverage

General Information

Murong Investment ltd (Murong) is a company registered in the United Kingdom as a Financial Intermediary in London. According to the registration information, we can see that Murong was registered in July 2021.

Market Instruments

Murong offers investors a range of financial instruments, including foreign exchange currency pairs, precious metals (gold/silver), energy (oil), and various indices.

Leverage

Users can trade more than 50 currency pairs at Murong and can use leverage of up to 300:1 in the process of trading.

Spreads

Murong does not specify the types of accounts available to investors, but we can see on the spreads page that the standard account offers a spread range of 1.8 for EURUSD, 2.3 for GBPUSD and 2.1 for AUDUSD.

Trading Platform

Murong offers its clients access to the world's financial markets via the MetaTrader 5 (MT5) platform, which is used by millions of traders worldwide and supports both PC and mobile use.

Trading Hours

Clients can use Murong's portal at any time of the day or night, but trading hours depend on the specific market. In general, Forex is a 24/5 global market, i.e. from Sunday 22:00 GMT (when the Asian market opens) to Friday 22:00 GMT (when the US market closes).

Customer Support

Users can contact Murong through a variety of channels, including email, WhatsApp, LINE, and the official Murong website, which supports nine languages including Chinese, English, and Japanese.