MagnumFX

MagnumFX

$1000

Min Deposit

0.07

Min Spread

Foundation

Broker Trusted Points

Regulation

MagnumFX is an investment and brokerage firm operating under the licenses of top financial bodies, CySEC (Cyprus Securities and Exchange Commission) with license number 359/18. The company is registered in the Republic of Cyprus with registration number HE 360548. Thus, making the investment firm safe to trade. Above all, the company uses high tech advance technologies to protect the client information, data, and funds from hackers supportable by their SSL and encryption at every level. 

The venture provides a wide range of products tradable from the following markets – commodities, indices, and currencies.  

Note that the MagnumFX provides trading services through its authorised brand name, ETfinance

MagnumFX Trading Platform

MagnumFX provides the customers with the widely trusted trading platform MT4, which is currently leading the market over others. Here are few features of the Meta Trader4, which is accessible for users via mobile, desktop, and website: 

  • Multiple chart windows 
  • Automatic Stop Loss/Take Profit functions
  • In-platform price alerts
  • Inherent platform support
  • Live chat
  • Real-time balance level
  • 1-click account switching
  • Scalping
  • Hedging 

Ancillary Services by MagnumFX

Keeping Safe Financial Instruments: Administration, control, and monitoring of tradable instruments for the client accounts, including cash management, collateral management, custodianship, and other related services. 

Offering Credit: Providing loans to traders and investors for helping him make a transaction for one or more tradable assets, provided the firm Royal Forex is involved in some way in the order. 

Investment Services by MagnumFX

  • Transfer and reception of trade orders in relation to one or more financial instruments
  • Execution of Orders on Behalf of Clients

MagnumFX – Core Values

Integrity

The company works with utmost honesty and truth, giving full integration. 

Opportunity

MagnumFX team always work to look for promising opportunities to bring the customers’ investment portfolio in alignment with their long term goals. 

Reputation

Nothing makes MagnumFX works hard as keeping all their clients satisfied and thus maintaining high their trust and good reputation.

The Bottom Line

Overall, the firm, MagnumFX, is a trustable website, regulated with the top financial body of Cyprus, CySEC. The company provides several outstanding services to users and work to their interest. The organisations’ hero line says, “Your trading needs come first”, and the intent can be understood with it. 

Apart from all the safety and security provided by the broker, the firm is also a prominent member of ICF (Investor Compensation Fund). The ICF works to protect the client money with insurance up to 20,000 euros.

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