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One star is too much for these scammers. Closed my account after only 3 months and kept 50% of my money i deposited, apparently it costs $95 a month if you don’t trade on the account. You can’t use MT4 to trade on either, I would 100% recommend you avoid this scam of a company.
Support is very fast and friendly, I wanted to change my account from classic to VIP but I had a few questions before doing so which the support agent Maria answered very well for me and executed the account type change
If only withdrawing from all brokers would be as easy as it is to do from Magni markets then I would have had to keep switching brokers. By the end of the same day I had my profits withdrawn to me with no issues and no commission
The personalised support you can get from your account manager is really fantastic. They can save you so much time you’d waste by yourself trying to figure out how to do things
Magni markets has a nice selection of indices to trade which is an asset class that some brokers don’t bother with
Magnimarkets provides an easy-to-navigate platform making it accessible for both beginners.
I joined and created a classic accounting with Magni Markets because of a signal group who use them for their trades. We trade mainly just forex and it works perfectly for this the 0 commission on each trade is a huge help when day trading
My main concern when using any broker is the whole withdrawal process and how long it takes for the broker to send out the withdrawal. With Magni Markets the total amount of time it took them to verify everything and send my withdrawal was inside one day. Comparing this with the other brokers that I have used it’s actually very fast
I’d been searching for a broker that has a flexible leverage option for a good while. With most brokers you can only set the leverage when you create your account and that’s it have to leave it at that then the full time but with Magni markets you can change it up and down always
No messing around with Magni Markets when it comes to withdrawing, they don’t make you jump through endless hoops sending all these unnecessary documents like some other brokers do so fair play to them for that
If I had to choose 1 word to describe Magni Markets it would reliable. So far I haven’t ran into any issues, I actually can’t say if the customer support is any good because I’ve never had to contact them about any issues which is a great thing
The spreads on Magni Markets are really good I went for the VIP account with them and pretty much every pair is 1.0 pip or less, usually with these low spread accounts it tends to only be the majors like EURUSD that are big but in this case even the cross pairs are low
This idiot broker does not even exist on the general mt5 app and when you try to download the mt5 from their magnimarkets link then I get a warning from my phone security saying the app is dangerous and it is better to don't download, they also have only the currency usd even if you don't have usd, due to all this an owner of trading signal group doesn't want to give me access to his signals. What a disgusting broker who only cause problems
I joined them because they were recommended by a signals group I joined from Instagram. They are a good broker with good spreads for forex
They answered every questions of mine quickly and gave solutions immediately. Great job. Stefan
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