MagnetFX seems to be a very reliable company, but when I opened their website, I found that the website showed Access denied. I don't know why this is. I don't think I'll have the chance to trade here, which is a pity. I will go and find other alternative forex companies. There is plenty of fish in the sea.

I traded with this broker last year. It is a legit broker, but the only problem was its high trading fees. Due to this, I did not make much profits. So, I’ve switched to another low- spread platform.

So, their MT5 trading platform is rock-solid. Take my last trade, for instance – snagged some sweet pips on the EUR/USD pair, entered at 1.1200 and exited at 1.1250 without a hitch. Smooth sailing, no delays. But, and it's a bit of a 'but,' their commission is a tad steeper than what I found elsewhere. Ended up jumping ship to another broker