Rapid advancement in technology coupled with the globalization of financial markets has created various avenues of brokerages investment. However, it has also brought with it the issue of investors having to open multiple accounts in different brokerages to invest in bonds, forex, stock and other products.
This duplicity results in time delays, complex decision making, increased costs as well as making the entire investment process frustrating. MGL Forex Financial Services is a company that seeks to address this problem effectively.
What Is MGL Forex Financial Services?
The company was registered on 1st July 2016 in Mongolia.
MGL Forex seeks to create an all-in-one comprehensive platform that will enable investors to trade in multiple markets using a single account. The platform will allow users to save time as moving funds between users will be fast. Similarly, by providing access to all markets simultaneously, it will save time and reduce transaction costs.
MGL will also provide its customers with regular market analysis reports that they can access at any time to enable them to make wise investment decisions.
MGL research team will offer technical analysis and base analysis in three areas:
- Capital markets
- Currency markets
- CRK market
How To Use MGL Tokens
- A customer opens an account on MGL GLOBAL BROKER.
- Depositing of funds into one’s all-in-one account.
- Selecting the market to trade in.
- Carrying out trades on that market.
- Switching products and markets by closing active trades and moving to another market without any approval from the platform admin.
- MGLTOKEN holders will receive trading lead signals on regular basis.
- MGLTOKEN holders will save 50% on trading fees for 100+ cryptocurrency trades.
- MGLTOKEN ICO token buyers of US$ 2,000 or more are entitled to a 50% discount on all-in-one platform trading commission for 2 years.
MGL Forex, Crypto & Stock Market Trading Products And Services
After its ICO the company seeks to expand its product and service reach to include the following:
- Brokerage (All-in-One Platform): by combining crypto markets, forex markets and domestic or international capital markets with trading in about 31,000 types of products.
- Underwriting services: to domestic businesses through closed funding or open public offerings as well as from international markets.
- Investment consulting and advisory services: in forex, cryptocurrencies, bonds, indexes, stocks, and options.
- Investment activities: based on company expertise and knowledge to increase profit for token holders.
- Crypto exchange services: the platform will offer investors access to various cryptocurrencies, volume and liquidity services.
MGL Forex Financial Services MGL Token ICO Details
- Token Name: MGLTOKEN
- Total Tokens: 100,000,000
- Soft cap: 30,000,000
- Hard cap: 100,000,000
- Project Protocol: Ethereum ERC20
- MGL Token ICO accepts: BTC, ETH, and FIAT
- 18TH May 2018 – 18TH July 2018
ICO 1ST Round:
- 18TH May 2018 – 18TH June 2018
- Discount of 20%
- 1 MGLT = 0.08$ = 192 MNT
ICO 2ND Round:
- 19TH June 2018 – 18TH July 2018
- Discount of 5%
- 1 MGLT = 0.095$ = 228 MNT
- Public – 80,000,000 Tokens (80%)
- Company – 20,000,000 Tokens (20%)
- Investment and liquidity pool – 35%
- Platform – 20%
- PR and marketing – 10%
- Operation – 5%
- Research and development – 10%
- Licenses and legal fee – 20%
MGL Forex Financial Services Referral System
If your referral purchases MGLTOKEN in either cryptocurrencies or FIAT money, you will receive 10% of the purchased value into your dashboard.
Once soft cap is reached, you can withdraw the amount, or you can purchase MGLTOKEN; it cannot be used for any other purpose.