MFX Broker Reviews and User Ratings

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MFX Broker Special Bonus


Special Deposit Bonus

Deposit your trading account and get up to 200%!

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MFX Broker General Information


Broker Name
MFX Broker
Established
2006
Country
Russia
Min Deposit
$1
Max Leverage
1:1000
Regulation
IFSC
Email
support@masterforex.com
Telephone
+7 812 429 72 07
Fax
-
Website Language
English, Chinese, Russian, Spanish, Malay, Arabic, Indonesian
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Western Union, Bank Transfer, Perfect Money, Egopay, Yandex Money, Qiwi, OKPay, Liqpay, WebMoney, FasaPay, China Union Pay, Intellect Money, RBK Money, DixiPay, Maestro
Withdraw Options
Credit Cards, Debit Cards, Western Union, Bank Transfer, Perfect Money, Egopay, Yandex Money, Qiwi, OKPay, Liqpay, WebMoney, FasaPay, China Union Pay, Intellect Money, RBK Money, DixiPay, Maestro

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Description


MFX Broker Background

MFX Broker is an online market maker that concerns itself with the provision of trading services on a range of trading instruments including Forex, Gold, Silver, CFDs, Futures, Energies and Shares. It was founded in 2006 with its headquarters in Belmopan, Belize. Today, MFX Broker has an international presence with other offices in Nigeria, Indonesia and Ukraine. It is under the regulation of the International Financial Services Commission (IFSC) of Belize.

Features of MFX Broker

Some of the attractive features with MFX Broker include:

  • The MFX MultiTerminal platform suitable for traders with multiple accounts; with this platform, one can open, modify or close orders on the multiple accounts at the same time.
  • The MFX Trader 4, a platform based on the popular MT4 known for its immense functionality important for professional trading and intuitive interface.
  • These cutting edge platforms are also supported on various mobile devices, iPhone, iPad as well as Mac OS.
  • The MFX Broker website is available in multiple languages including English, Chinese, Arabic, and Spanish among other languages.
  • Leverages of up to 1:1000.
  • A range of account types including the Forex Micro account which comes with a minimum deposit of $1; the Forex Standard; Forex 5Digit; ECN and CFD accounts.

MFX Broker appears to be a great market maker determined to provide nice experiences to traders.

Conclusion

Generally, MFX Broker is a good brokerage for individuals who would like to get great trading services.

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Video


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Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
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Pros and Cons


MFX Broker provides an outstanding customer support to clients through live chat, call-back and email. This support is available at any time of the day as from Monday to Friday. The customer service staff is well informed and experienced to handle a number of issues related to the clients’ trading experiences with the MFX Broker.

PROS:
  • Quite impressive affiliate programs.
  • MFX Broker comes with a range of bonuses and promotions.
  • Rapid execution of orders.
  • Excellent customer support.
  • Wide range of methods to make deposits or withdrawals including OKPAY, Western Union, EgoPay, Web money, etc.
  • Free Demo accounts to enable clients to gain practical skills and test strategies in Forex trading risk-free before opening a live account.
CONS:
  • MFX Broker does not serve traders from the United States.
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Account Type


  • Minimum Account Size: $5
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex
  • Trading Platforms:MFX Trader 4, Mobile Trader

  • Minimum Account Size: $25
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex
  • Trading Platforms:MFX Trader 4, Mobile Trader

  • Minimum Account Size: $1
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex
  • Trading Platforms:MFX Trader 4, Mobile Trader

  • Minimum Account Size: $200
  • Spread: Medium/ Variable
  • Trading Instruments: Forex
  • Trading Platforms:MFX Trader 4, Mobile Trader

  • Minimum Account Size: $1000
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex
  • Trading Platforms:MFX Trader 4, Mobile Trader

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MFX Broker Review Score


MFX Broker Reviews and User Ratings
7.3 Total Score
7 reviews
Add your review
Web Design
8.0
Reliability
7.4
Platform
7.5
Customer Support
7.2
Withdrawal
6.8
Broker Name
MFX Broker
Established
2006
Country
Russia
Min Deposit
$1
Max Leverage
1:1000
Regulation
IFSC
Email
support@masterforex.com
Telephone
+7 812 429 72 07
Fax
-
Website Language
English, Chinese, Russian, Spanish, Malay, Arabic, Indonesian
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Western Union, Bank Transfer, Perfect Money, Egopay, Yandex Money, Qiwi, OKPay, Liqpay, WebMoney, FasaPay, China Union Pay, Intellect Money, RBK Money, DixiPay, Maestro
Withdraw Options
Credit Cards, Debit Cards, Western Union, Bank Transfer, Perfect Money, Egopay, Yandex Money, Qiwi, OKPay, Liqpay, WebMoney, FasaPay, China Union Pay, Intellect Money, RBK Money, DixiPay, Maestro
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
MFX Broker Reviews and User Ratings
7.3 Total Score
7 reviews
Add your review
Web Design
8.0
Reliability
7.4
Platform
7.5
Customer Support
7.2
Withdrawal
6.8

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7 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    Alexander
    February 2, 2016 at 7:25 pm
    4.5
    Web Design
    90
    Reliability
    90
    Platform
    90
    Customer Support
    100
    Withdrawal
    80

    I didn’t have any problem with withdrawing money – this is very important. Other brokers sometimes want to scam You. MFX offer good STP/ECN model and decent conditions of trading.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    MrFreakonomics
    August 8, 2015 at 8:21 pm
    4.6
    Web Design
    100
    Reliability
    100
    Platform
    80
    Customer Support
    90
    Withdrawal
    90

    I’ve trading with MFX for quite some time now and I have found them to be quite reliable in terms of their services as well as their customer support. My withdrawals come in with two days processing time and I have to say that’s fairly quick for my standards as other brokers always seem to take 3-5 days for processing.

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  3. Reply
    Marshall Monroe
    April 30, 2015 at 5:00 pm
    2.7
    Web Design
    60
    Reliability
    50
    Platform
    60
    Customer Support
    50
    Withdrawal
    50

    As far as I can tell there really isn’t anything special with MFX, it’s just a standard broker from Russia. I guess you can say that they are pretty reliable and stable considering that they have to be since they are regulated by IFSC in Belize but it doesn’t really stand out compared to other more established European brokers.

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  4. Reply
    Marsha Radnor
    April 15, 2015 at 4:25 pm
    4
    Web Design
    90
    Reliability
    80
    Platform
    70
    Customer Support
    80
    Withdrawal
    80

    I started trading with MFX on a micro account just to see how the broker pans out and as it is, it looks great to me, quick and reliable execution of trades. Their spreads are a little wide considering it is a micro account so I guess that isn’t an issue. They seem to have a pretty reliable support team so I think I’ll be sticking with MFX for some time.

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  5. Reply
    Jonas
    October 21, 2014 at 7:31 am
    4.3
    Web Design
    80
    Reliability
    90
    Platform
    100
    Customer Support
    80
    Withdrawal
    80

    Their offer seems very attractive.The spreads are relatively low, service is decent, they have intuitive trading platform. I cannot say a Bad Word about MFX They are pretty good in every aspect. I have been with them for 1 year. Would recommend this one.

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  6. Reply
    Tracy O’Connel
    May 13, 2014 at 2:50 pm
    4.6
    Web Design
    100
    Reliability
    80
    Platform
    90
    Customer Support
    100
    Withdrawal
    90

    I’ve ran into a number of problems with MFX and I thought that it was a deal breaker for me already but then their support team made sure I changed my mind. Their support team is just superb and they answer all your inquiries in a calm and professional manner. These guys just know how to deal with their clients.

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  7. Reply
    Carrie Fisher
    March 30, 2014 at 6:25 pm
    1.3
    Web Design
    40
    Reliability
    30
    Platform
    40
    Customer Support
    10
    Withdrawal
    10

    These guys just take the cake for being the worst broker out there, not only does their support take forever to get back to you, I also had to argue with them every time I had to withdraw funds from my account. What kind of con brokerage are you guys running anyway? Just plain ridiculous.

    Helpful(0) Unhelpful(0)You have already voted this

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