MGC Logic Review


MGC Logic Review

Details

Broker MGC Logic
Website URL www.mgclogic.com
Founded 2018
Headquarters 8 Capthall, Roseau Valley, Commonwealth of Dominica, 0052
Support Number +44 2080-894010
Support Types phone , email
Languages 3 languages supported
Trading Platform Web platform
Minimum 1st Deposit $250
Minimum Account Size $250
Minimum Trade Amount depending on the instrument
Maximum Trade Amount different for each crypto pair
Bonus Deposit bonus
Leverage 1:100
Spread fixed/floating
Free Demo Account Open Demo
Fees Yes
Account Types basic , bronze , silver , gold , platinum
Deposit Methods credit/debit cards , bank transfer , BTC , PointsBit , others
Withdrawal Methods credit/debit cards , bank transfer , BTC , PointsBit , others
Number of Assets 30+
Types of Assets fiat and cross cryptocurrency pairs
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score
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Introduction

MGC Logic is a dedicated cryptocurrency trading platform, owned and operated by New Olimpia Inc. At the present time, the company offers services only for crypto-assets and does not facilitate the purchase or sale of the underlying instruments. Basically, the clients buy and sell derivatives and generate returns based on price fluctuations.

Since it focuses solely on cryptocurrency trading, it operated on a targeted niche, offering decent trading features. Spreads may be lower as compared to most of the traditional brokers who included crypto among other instruments, but with MGC Logic, clients won’t be able to diversify with other asset classes. Still, the platform covers more than 30 crypto pairs, both fiat, and cross, accepts various fiat payment methods, not just Bitcoin, and offers access to a wide variety of educational material.

Trading Platforms

The company relies solely on a proprietary web-based platform. This will be a great choice for those who don’t want to install any software on their devices. Compatible with any browser, for desktop and mobile, the platform has a user-friendly interface and advanced charts provided by TradingView. Clients can use without any problem any kind of technical analysis since all the tools have been integrated.

Since it’s web-based, no expert advisors can be used. However, if you want to apply technical setups, the MGC Logic platform will fit your style. It also enables price alerts, one-click trading, and has a built-in popularity indicator, which can serve as a measurement of the market sentiment at any given point in time. Overall, the platform looks to be tailored especially towards beginners, given that it does not require a lot of knowledge to use it.

Account Types

A basic account at MGC Logic is designed especially for beginners and can be opened with $250. Clients who choose to open one will get access to pro webinars, price alerts, daily market review, and educational center, among other features.

The company has a complex account types structure, with bronze, silver, gold, and platinum available as well. Clients will have to commit more capital in exchange for a bigger set of features. Account manager, trading signals, and exclusive position access are just a few of them.

Promotions

According to the information available on its website, MGC Logic can offer bonuses for its clients from time to time. No risk for the first trade and first trade bonuses, instant cash bonus, trading insurance bonuses, and deposit bonuses are possible. As always, please don’t forget to read carefully all terms and conditions associated with these bonuses, in order to be fully aware of everything you must accomplish.

Education

MGC Logic stands out with the variety of educational material it offers. Traders news, weekly market review, asset index, video chart analysis, calculators, technical analysis, fundamental analysis, trading signals, crypto signals, and crypto glossary are currently available.

If you are at the beginning and you want to learn the basics of cryptocurrency trading, you’ll find everything you need in one place. We must notice that MGC Logic does not offer a lot of advanced information about crypto trading.