MGMtrader is using Tradologic platform, but there is also a notification that this is about to change. All inquiries about the new platform should be sent to customer support. MGMtrader review, therefore, will only deliver the info about the current Tradologic trading platform, as it remains a mystery what platform will be integrated in the future.
The trading platform is available in several languages: English, Russian, Italian, German, French, Hebrew, Spanish, Chinese and Arabic. Traders can easily change the language of the trading platform by clicking the desired language in the drop-down menu. There is also a selection of two types of trading: CFDs and Binary trading.
On the left side is an asset index that traders can simply use to find the preferred underlying asset. Unfortunately, there is no possibility of creating customized asset lists or search bar. Traders have to scroll to find the asset they are interested in.
In the middle of the platform is the trading chart, where you can follow market movements. There is also a special bar that shows buying and selling levels. However, the bar should be only used as an informative tool and not as a trading recommendation.
Below the chart, there is a special filed dedicated to opened trades and closed trades. Trades are placed in a special field on the right part of the platform. Some of the most interesting underlying assets available with MGMtrader are pairs involving cryptocurrencies and USD: BTC/USD. LTC/USD and ETH/USD.
Unfortunately, MGMtrader review showed how this broker doesn’t have a mobile platform that can be used for trading form the mobile device such as smartphone or tablet. This makes it somewhat unadjusted to the needs of modern traders. However, the trading platform is web based, so there is no need to download it in order to access it. Simply log in with your credentials. Also, at one moment during our review, the platform crashed down and became unresponsive.