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Mcgregor Trade review

Mcgregor Trade review: regulation (No), minimum deposit 500, leverage up to 1:500, platforms and current bonuses.

3.5of 5
Open account
Minimum deposit500
Max. leverage1:500
Spread from0.0 Pips
Founded2020

Trading conditions

Broker type
STP/ECN
Minimum deposit
500
Maximum leverage
1:500
Minimum spread
0.0 Pips
Platforms
MetaTrader 4 (MT4), Mobile MT4,Web Platforms and More Trading Platforms
Instruments
Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures
Account currencies
EUR / USD / GBP

Bonuses

No deposit bonus
No
Welcome bonus
100% Forex Deposit Bonus
Other promotions
100% Forex Deposit Bonus

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Bank wire, Debit/Credit card, Neteller, Skrill, FasaPay, UnionPay and More
Withdrawal methods
Bank wire, Debit/Credit card, Neteller, Skrill, FasaPay, UnionPay and More

Company

Regulation
No
Founded
2020
Country
Marshall Islands
Address
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960
Publicly traded
Yes
Website languages
English
Phone
+44 2038 07 8563
Email or Skype
[email protected]

Mcgregor Trade pros and cons

Pros

  • Regulated by No
  • Raw spreads from 0.0 Pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4 (MT4), Mobile MT4,Web Platforms and…

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

Mcgregor Trade FAQ

Is Mcgregor Trade a safe and regulated broker?

Mcgregor Trade was founded in 2020 and is regulated by No. Client funds are held in segregated accounts. Your protection depends on which Mcgregor Trade entity opens your account.

What is the minimum deposit at Mcgregor Trade?

The minimum deposit at Mcgregor Trade is 500. Payment providers may set their own minimum amount.

What is the maximum leverage at Mcgregor Trade?

Mcgregor Trade offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does Mcgregor Trade offer a no deposit bonus?

No. Mcgregor Trade does not currently offer a no deposit bonus. It offers a welcome promotion: 100% Forex Deposit Bonus. See our forex no deposit bonus list for brokers that do.

Which trading platforms does Mcgregor Trade offer?

Mcgregor Trade supports MetaTrader 4 (MT4), Mobile MT4,Web Platforms and More Trading Platforms. Mobile trading is available.

Does Mcgregor Trade allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does Mcgregor Trade offer an Islamic (swap-free) account?

Yes. Mcgregor Trade offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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Mcgregor Trade – NoOpen account