How to Buy Magellan Industries (MGLI) Stock Explained

magellan industries

Magellan Industries, Inc., a development stage company, is engaged in the production and distribution of filmed entertainment products throughout the world. The company was previously known as Magellan Filmed Entertainment, Inc. and changed its name to Magellan Industries, Inc. in September 2004. Magellan Industries is headquartered in Kirkland, Washington.

How to Buy Magellan Industries (MGLI) Stock Explained

Are you interested in acquiring shares of Magellan Industries (MGLI) in OTC from Spain and through a broker with official regulation? Are you interested in being able to invest your profits for the month and extract profits in the stock market? With this guide I am going to show you how easy it is to invest in Degiro , a reliable investment regulated broker with low commissions, and how you will be able to get your first shares in Magellan Industries, Inc. (MGLI) (MGLI) quickly and easily.

The step by step is simple :

  • First, we will register an account in DEGIRO, an investment platform where we will be able to buy shares of Magellan Industries, Inc. (MGLI) (MGLI).
  • In the second step we will add funds to carry out the first investment in the stock market.
  • Once we see the funds we have to search for Magellan Industries through the Ticker, MGLI.
  • To finish, we only have to indicate the number of shares we want to buy, the purchase value and the type of order.

The summary may have been a bit brief for you, so let’s see the procedure with images:

Degiro registration tutorial.

The first step is to register with degiro at the following link :

buy shares of Magellan Industries, Inc. (MGLI)

It will ask us for an e-mail, a username and a pin code to have access, and then we must continue with the link that they have sent us by email address.

Then degiro will require some data of interest in order to approve our document . We must have our passport, ID or driving license, your mobile and the number of the bank account that we will use to make our first deposit in IBAN format. If you don’t understand what this format is like, you can review this simple tutorial that we did at Educacep .

stock Magellan Industries

Once our account is verified, we can put money from the Deposit/Withdraw tab. We will be able to carry out a transaction that will take 1-2 days, or carry out the deposit instantly using Sofort, a completely secure and 100% reliable payment gateway.

deposit money into a Magellan Industries account

How to buy Magellan Industries (MGLI) shares through DEGIRO

When we finally have the money we will have the possibility to invest in our 1st action. You can use the Place Order button in the upper right corner or use the Degiro search engine and write the ticker. In the next screenshot you will see that I have used the Amazon ticker but in your case you have to place (MGLI), the Magellan Industries ticker. As it is an action, we will detect that the related tickers are listed and there we will see Magellan Industries. The most important thing is that the ticker, the name of the company and the market in which it is listed coincide. Amazon is listed on NASDAQ (NDQ) and in your case Magellan Industries, Inc. (MGLI) is listed on OTC. This step is essential so make no mistake.

american calendar bag Magellan Industries

When making the order we will have to pay special attention to what I will explain to you . We may be able to place a limit or market order. Think you want to get a share of Magellan Industries, but its true price is quite prominent. With this limit order we will adapt the value at which we plan to make the purchase and until there are no shares for sale at that price, the purchase of the share will not be executed. With a market order, you will buy the number of shares that we have added to the currently selling price, which will be very much in line with the current trading price.

limit order purchase Magellan Industries, Inc. (MGLI)

In all cases it is important that you pay attention to the type of numbering: fixed or of the day . As an example, in Spain, the stock market is in the morning and until 1:00 p.m., and in the USA it corresponds to the afternoon schedule in Spain. If the order is fixed, it will continue until the point where it gets executed, but if you opt for the “of the day” option, at the time the trading session ends, if it has not been executed, it will be removed from your tab in Activity – Pending orders.

I hope that this detailed text will help you to invest in Magellan Industries. Thank you very much!

  Company information
  • Magellan Industries, Inc. (MGLI) Address: 8756-122nd Avenue North East Kirkland, WA 98033 United States 425-827-7817
  • Ticker: MGLI
  • Industry: Unknown
  • Industry: Employees
  • Number of employees: 8
  • Listed market: OTC

key executives

Name Title Salary exercised Year of birth
Mr. Terrence K. Picken Director of Operations, Exec. Vice President and Director 119.75 thousand N/A 1939
Mr. James G. Brewer Financial Director, Chief Accountant and Vice President of Fin. N/A N/A 1943
Mr Samuel Higgins Sec., Treasurer and Director N/A N/A 1955
Mr Michel Shane Pres Sec. of True Fiction Inc., VP – Bus. Affairs – Magellan Productions Corp. N/A N/A 1956

Recent events of :

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