Crypto Frontline

About MWM Group

MWM Group is an online brokerage offering CFD trading for a global audience. According to information provided by the brand, the main goal is to empower people to benefit from the price movements across all the major markets like FX, stocks, and crypto.

Using a broad range of accounts and an intuitive platform, MWM Group aims to attract users who want performance and convenient services. Do they manage to achieve that? To provide an answer, we shall first analyze some of the core trading benefits. 

CFD trading

The selection of CFDs currently supported by MWM Group includes popular instruments such as FX, stocks, indices, commodities and cryptocurrencies. At the end of the day, each customer should choose the right assets to trade, and thankfully, opportunities to emerge across the entire financial industry.  It’s not all about forex trading, because as of late, stocks and cryptocurrencies like Bitcoin are in the spotlight. 

Since there are multiple account types available with this brand, traders should expect different trading terms. Spreads, max leverage, and other features will be different, based on what account type you end up choosing. All in all, conditions seem ok, regardless of choice, but we should take a closer look at the account offering as well. 

Accounts

After checking mwm-group.co, we found that there are 4 main account types:

• Starter
• Trader
• Business
• Ultimate

The Starter account is the entry-level choice for those who want to get started with MWM Group and not allocate a lot of capital. This account requires $250 as an initial investment and you are also eligible for a 25% bonus on deposit. Since it’s a small account, traders can trade micro lots, or use algorithms. At this stage, basic trading training is also part of the offer. 

Conditions improve meaningfully with the other account types, since trading signals, personalized support and up to 75% deposit bonus are available. We should mention that deposit requirements don’t increase by a lot. You need $500 for the Trader account, $1000 for the Business account (the most popular choice), and $5000 for the Ultimate account. 

Platform

The trading platform available with MWM Group is web-based, so you don’t have to install anything in order to set it up. There are no trading apps at the time of writing, but this solution is compatible with your smartphone or tablet as well. 

All you need is a stable internet connection and a device supporting a browser. As for the platform features, the broker integrated advanced analysis tools, charting, multiple order types and risk management tools. As a whole, the user interface looks friendly, which provides an edge when you want to learn how to master the platform in a short period. 

Summary 

MWM Group comes to the market with a straightforward CFD trading offer, enabling access to popular markets. Using a friendly platform, affordable accounts and personalized support, it promises competitive trading conditions for anyone deciding to join. As we’ve already seen, trading with this broker is affordable, given the low deposit needed for a Starter account.