Man Capital Group has been on our radar for a while. This brokerage has been all the buzz lately in the online trading community. Despite being newly established, it has been able to gather a massive amount of goodwill among the traders. Like many of its peers, MCG has a lot to prove and judging by its offering, it’s hungry for success. They do not rely on cookie-cutter solutions but decide to go above and beyond to stand out. If we were to judge them by reputation only, we would say that Man Capital Group is quickly on its way to becoming one of the most influential brokerages of 2021. However, we wanted to see what all the hype was for ourselves. In our review, we break down all of its core features and values in order to determine whether MCG really has what it takes to become the number one choice for traders.
Quality of Service
Modern brokerages offer much more than just simple trading. In order to attract new clients, they need to expand their offer and Man Capital Group is no exception here. They are welcoming new traders by offering them free education. In the Education hub, content is divided into several categories that is all intended for beginners, and the best thing of it all is that it is completely free. You do not even need to register to access it. There is plenty of material here that will help you master the fundamentals. Our favourite is the eBooks section that covers a wide range of topics. All of these are well illustrated and easy to follow even to those who have not traded a day in their life.
If you are an experienced trader, there are educational resources that can help you to take your game to the next level. These can be accessed once you register and select your trading account type. There are six to choose from and they vary in price and number of benefits. They start for as little as €250 and go as far as €50,000+. Education perks you receive include webinars, daily market reviews, trading signals, financial and risk management planning, private analyst sessions and much more. Be sure to choose your account type based on your needs, ambitions and budget so that you get all the perks you need. Additional benefits include some quality of life improvements. These include priority withdrawal, VIP events and more. You can browse the full list on MCG account type page.
Speed of Response
If you ever traded before, then you know how inferior customer support can ruin your trading experience. Man Capital Group has put great resources to avoid this very thing. On paper, their customer support does not seem any different from any other, but the key is in the execution. Regardless of what communication channel you prefer, you can expect a polite and professional response.
There are three main ways to get in touch with an MCG representative. You can write an email via your preferred email client or the on-page form, contact one of three available call centres (Canada, Austria and the United Kingdom), or interact with the Quick chat feature. Alternatively, you can inspect the F.A.Q. page that holds very useful info. One thing to keep in mind is the working hours. Chat and Phone representatives are available Monday to Thursday 08:00-23:00 GMT and on Friday 08:00 – 15:00 GMT.
Man Capital Group has developed its own trading platform instead of relying on some industry-standard solutions such as Meta Trader. It is fully optimized and automated, which makes trades run that much smoother. The fact that it is web-based makes it very flexible. You can practically access it from any device as long as it is connected to the internet. This way, the platform is ideal for traders of all types, regardless of their background or level of experience. This mass appeal approach to building the platform is surely one of the top reasons Man Capital Group has managed to attract so many traders in such a short period of time.
When opening the platform for the first time, you will be surprised by how intuitive the design is. Simplicity, performance and elegance are the three key factors here. The platform has more than 200 available trading assets that are grouped in several categories: Forex, Crypto, Stocks, Commodities, Indices and even Watchlist. This makes browsing them very easy. In addition, each asset is presented with vital information next to it that includes margin, leverage and others.
Once selected, your favourite asset is presented neatly in the real-time performance monitor. Here you can perform all kinds of analyses to help you better understand the market trend surrounding your asset. The thing we loved most was the overall responsiveness of the platform. We experienced no lag, which we value highly in this industry. All trade executions are instant and performing analysis doesn’t slow down the platform in the slightest. This is excellent news for anyone who trades on some other popular platforms so far. If you are sick with the performance of your brokerage today, it is an excellent time to make the switch.
Things are pretty straightforward here. All fees traders can encounter can be found in the terms and conditions. These include withdrawal fees, overnight fees, dormant account charges and event of default charges. All of them are pretty standard in modern brokerages, so you can be at ease. We appreciate Man Capital Group being very transparent with this. Being able to calculate all trading costs ahead of time is something we hold very high, and it is possible with MCG.
Like many other new brokerages, Man Capital Group lacks traditional regulation approval from regulatory bodies. Since this is a very pricy feature to have, many of these brokerages opt to focus on building their brand with other features and once established, then they become fully regulated. This brokerage has many other policies in place to secure fund safety. For all the time we traded, we encountered no signs of mischief, so we believe Man Capital Group can be trusted.
Variety of Payment Methods
You can make deposits and withdrawals with credit cards, debit cards and via bank wire transfers. All these methods provide full security. And while they require slightly higher waiting times compared to some crypto payment solutions, they are unrivalled when it comes to fund security. Be sure to contact your bank provider to know how long waiting times you can expect. On MCG end, transactions are smooth and speedy.
If you are looking for a new broker, Man Capital Group would be an excellent choice. As we mentioned in the beginning, thanks to their diverse offering, they are quickly becoming one of the most popular brokerages in the online trading community. Since the price of addition is very reasonable, we advise you to try it out for yourself and enjoy the plethora of benefits MCG offers.