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Multi-Currency Accounts
Enjoy the flexibility of choosing the base currency for your trading account(s).
Deposit, trade, and withdraw using the major currencies.
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 US Dollar
 Euro
 Japanese Yen
 British Pound
 Swiss Franc
 Australian Dollar
 Canadian Dollar
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Explore the benefits of Multi-Currency denominated accounts
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Trade with your domestic currency
Clients residing in countries outside of the U.S. can enjoy the convenience and option of maintaining accounts in their domestic currencies. For example, European clients no longer have to convert the funds into USD before making deposits and thus conversion costs can be avoided. All account status information (Equity, Profit/Loss, etc) is displayed in the account's base-currency on the MG DealStation.
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Convert at competitive exchange rate
For businesses or travelers who convert currencies frequently, MG also offers the possibility of instantaneous balance conversion between Multi-Currency accounts at competitive exchange rates and minimal transaction fees. Please click here for more details about Balance Conversion.
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Reduce exchange rate risks
For businesses or individuals who are exposed to currency risks, the Multi-Currency accounts can act as a hedging tool to reduce exchange rate risks. For example, if a U.S. based importer is scheduled to pay 100,000 GBP in 3 months, he can convert the amount from USD into GBP now and lock in the current exchange rate.
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Benefit from Currency Appreciation
Traders can benefit from currency appreciation of their account’s denominated currencies. If the base currency of the account appreciates, traders can convert the balance back into their domestic currencies, thereby realizing capital gains.
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The minimum margin requirement remains in US Dollars. All account status information (Equity, Used Margin, Usable Margin and Profit/Loss) is displayed in the Account Currency on the MG DealStation.
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