247Bull.com

MG Financial was founded in 1992. MG Financial accepts customer orders via the Internet as well as over the phone.

In April of 1997, MG Financial released the first version of its online trading platform. This trading platform enabled traders to view real-time quotations, execute transactions, and track open positions. Since the trading platform’s introduction, important features such as real-time charting have been added. DealStation™, which went live on January 30th 2000, has revolutionized forex-trading platforms by offering traders the latest Java “Push” Technology, which immediately “pushes” new information to your computer, automatically updating your screens. The implementation of Java technology enhances overall system performance, which will improve speed and execution time. Since then MG has also added Desktop and HTML versions of the DealStation™.

In order to increase the connectivity between the trader and the market, MG also added alert!fx™ and Wireless trading to its product line. Traders can now use their web-enabled Mobile Phones or Personal Digital Assistants to connect to our proprietary wireless version of the DealStation™ to check rates, charts & news, to monitor account status, and to place orders. alert!fx™ sends rate, news, margin and technical indicator alerts to any email-enabled device of trader’s choice.

In 1998, MG Financial became the first foreign exchange market maker to obtain fidelity bond insurance. The insurance, issued through the subsidiary of a NYSE company, protects the assets of MG Financial from fraud and embezzlement by members of the firm.

The transactions clients enter into with MG Financial are not traded on an exchange. Therefore, under the U.S. Bankruptcy Code, your funds may not receive the same protections as funds used to margin or guarantee exchange-traded futures and options contracts, which receive a priority in bankruptcy.

Trading foreign exchange and futures on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange or futures you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading, and seek advice from an independent financial advisor if you have any doubts.