WHY MAGNA TRUST ?
Magna FX offers through its Authentic ECN account one of the lowest possible spreads available. Average spreads on EUR/USD of 0.1 pips, with only a small commission of $3.40 per lot payable. With liquidity from over 55 different banks and various dark pool liquidity sources. Magna's FX Authentic ECN account was established for day traders, scalpers, expert advisors and for any form of trading. Magna FX welcomes all trading methods.
Our MetaTrader 4 Authentic ECN servers are located in both NY4 data center in New York and LD4 London, bringing you closer to our liquidity providers without unnecessary latency. The Magna FX MetaTrader 4 Authentic ECN platform presents the ideal solution for all the diverse trading methods used by active traders in the forex market.
Magna FX offers market-leading pricing and trading conditions through the Magna FX MT4 platform by providing its traders with Authentic ECN Connectivity.
Authentic ECN Connectivity gives traders the ability to trade on institutional grade liquidity from the world’s leading investment banks, financial institutions, and various dark pool liquidity providers. No Dealing desk, no price manipulation, or any form of re-quotes.
Executable Streaming Prices (ESP) are sent from Magna FX liquidity providers to our ECN environment for traders to trade. If you are using a robot, or a scalping method or even if you are a high volume day trader you will still have the luxury of tight spreads and best execution thanks to our many streams of liquidity providers that plug into our Authentic ECN environment.
Magna FX is proud to be able to say that it can offer some of the tightest spreads of all forex brokers around the world. Spreads start at 0.0 pips on the MetaTrader 4 platform with the average on EURUSD being 0.1 pips, 24/5. This enables Magna FX to provide some of the lowest spreads around the world.
Multiple streams and different sources of liquidity always allow us to provide liquidity for our clients and keep their spreads as tight as possible.
Depth of market gives you the full range of available prices coming directly from liquidity providers. Complete Transparency is offered through depth of market of each liquidity provider for each currency. Real-time price availability high liquidity for no latency execution for traders.
Magna FX offers one-click trading software through its MetaTrader 4 platform. Traders can buy or sell with a single click.
Magna FX offers blazingly fast execution due the fact that it has servers both in the Equinix NY4 data centre in New York and LD4 London United Kingdom. The NY4 and LD4 data centres are secure financial ecosystems and home to over 600 buy- and sell-side firms, exchanges, trading venues, market data and service providers. The Magna FX MetaTrader 4 servers are cross connected to its Authentic ECN account to comfortably provide minimal to no latency and almost instantaneous execution for its trades.
The Magna FX MetaTrader 4 trade servers have latency of less than one millisecond to major VPS providers either collocated in the NY4 or LD4 data centres or through dedicated lines to nearby data centres. This low latency environment is ideal for automated/robots trading, High-Frequency Trading and/or scalping.
The Magna FX MetaTrader 4 platform has no restrictions on trading or preference on trading methods traders use. The best trading conditions for scalping and high-frequency trading around the world allow traders to place orders between the spread as there is no minimum order distance and a freeze level of 0. This means orders including stop loss orders can be placed as near to the market price as you please.
Traders can also hedge positions as there is no first-in first-out (FIFO) rule with Magna FX. Traders do not pay margin on hedged trades and enjoy the benefits of margin netting.
There are not limits or restrictions on trade sizes; you can place trades as small as one micro lot (0.01) with no maximum limit. Magna FX offers flexible lot sizing giving you the ability to trail the platform with minimal risk and manages your trades sizes in accordance with your account balance.
Magna FX offers 77 currency pairs plus 13 major equity indices including the FTSE 100 and Dow Jones Index 24 hours a day with a spread of 1 point. With S&P/ASX 200 spreads begin at 1 point. Spot Gold to Crude Oil are also available to trade.
Accounts can go up to 1:200 leverage on the Magna FX MetaTrader 4 platform. Traders can use higher leverage to suit their needs and trading methods, receiving the best outcome from their automated or manual strategies.
INDUSTRY-LEADING RATES FROM 0.2 PIPS WITH ECN
Trade up to 77 FX pairs and 13 CFDs in a secure online environment - anytime, anywhere. Magna FX uses a pure STP environment, with no dealing desk intervention and no interference in pricing. Where your orders are executed directly, with institutional liquidity.SELECT AN ACCOUNT