M&G Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:23

Abstract：M&G is a service provider of premier brokerage and financial services, which was founded in Ireland in 1996. It offers products and services for asset management, investments and long-term savings. Besides, markets with AUM less than £50m, and British overseas territories, crown dependencies and European microstates (except Malta) are not allowed. What's more, it should be noted that M&G's FCA license was exceeded, which means potential risks may exist.

M&G Review Summary
Founded	1996
Registered Country/Region	Ireland
Regulation	FCA (Exceeded)
Services	Asset management, investments and long-term savings
Trading Platform	myM&G web
Minimum Deposit	£1
Customer Support	Tel: +44 (0)207 626 4588
	Email: info@mandg.co.uk
	Address: 10 Fenchurch Avenue LondonEC3M 5AG United Kingdom
	Instagram, LinkedIn
Regional Restrictions	Markets with AUM less than £50m, and British overseas territories, crown dependencies and European microstates (except Malta) have been excluded

M&G Information

　　M&G is a service provider of premier brokerage and financial services, which was founded in Ireland in 1996. It offers products and services for asset management, investments and long-term savings. Besides, markets with AUM less than £50m, and British overseas territories, crown dependencies and European microstates (except Malta) are not allowed. What's more, it should be noted that M&G's FCA license was exceeded, which means potential risks may exist.

Pros and Cons

Pros	Cons
Long operation time	Exceeded FCA license
Various contact channels	Regional restrictions
Low minimum deposit	Commission fees charged
Various payment options

Is M&G Legit?

　　M&G is licensed by the Financial Conduct Authority to offer services but the current status is exceeded. Its license number is 119328. The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Financial Conduct Authority (FCA)	Exceeded	M&G Investment Management Limited	Investment Advisory License	119328

M&G Services

Services	Supported
Asset management	✔
Investments	✔
Long-term savings	✔

Account Type

Account Type	Minimum Deposit
ISAs	£1
Junior ISAs	£1
OEIC	£1

M&G Fees

　　Fees relate to the value of investment and so will depend on fund performance. Charges are calculated annually and taken daily. Details are not mentioned.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
myM&G web	✔	PC, laptop, tablet	/

Deposit and Withdrawal

　　The broker accepts payments done via Maestro, MasterCard Debit, Visa Debit & Visa Delta debit cards. The minimum deposit is £1. No minimum withdrawal amount defined and no fees or charges specified.