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Effective August 4, 2008, MG Financial Group gives credit for deposits via wire transfers and waives the service fees for deposits via PayPal.
For clients depositing funds to their trading accounts via wire transfers, MG Financial
Group gives credit based on the schedule below:
Deposit amount received |
Credit amount |
Less than $5,000 |
$20 |
$5,000 – $10,000 |
$25 |
More than $10,000 |
$30 |
For clients depositing funds to their trading accounts via PayPal, MG Financial
Group waives service fees (2.9% fee plus an addition 30 cents, or 3.9% plus an additional
30 cents for International Deposits)
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