MGC Logic Trading Platform Review

The cryptocurrency market managed to recover in 2019, exceeding even some of the most optimistic expectations, mainly supported by the development of derivatives instruments. Cryptocurrency trading is currently one of the most affordable options for the majority of people, which is why we want to discuss MGC Logic, a crypto trading platform which comes with some promising features.

General Information

Founded in 2018, owned and operated by New Olympia Inc, MGC Logic is a trading platform specialized solely in cryptocurrencies, currently offering trading services for a wide range of cryptocurrency pairs. In comparison to the traditional exchange platforms, MGC Logic allows fiat deposits via a few different methods, which means it is compliant with AML and KYC regulation.

Technical Tools

One of the most important tools of the company is a proprietary web-based platform which comes with a unique set of features. The MGC Logic trading platform does not require any software installation and is compatible with any browser on PCs, laptops, or other mobile devices.

Since the cryptocurrency market carries some unique features, a special platform had to be developed, despite opposition from traders who still believe that platforms like MT4 or MT5 should be used.

Useful Trading Tools

MGC Logic took a different path and came with an original idea. At the present time, the platform features TradingView charts, which means technical traders will be able to use any indicator they want. With 9 different time frames, 7 different chart types, the ability to save indicator templates, traders will be able to spot favorable market conditions and trade according to their trading system.

Clients of MGC Logic are able to set price alerts and get notifications each time the market reaches a particular level, allowing them to save time and not spend hours until the price will reach the desired level. A second important tool to be mentioned is the popularity bar, integrated into the platform, which gives a view on the market sentiment at any given time.

The interface is very simple and user-friendly, designed so even the beginning traders will be able to act fast and place their trades with just a few clicks. The one-click trading feature will make things even better since it allows you to open a trade with just a click on the buy/sell button. The trade will be opened immediately, without any further confirmation.

We can conclude that the MGC Logic trading platform wants to offer a unique approach to cryptocurrency trading, facilitating a better performance with a special set of trading features.

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