7.7/10
(20 qualified reviews)
US Traders
  • Interest rate on funds
  • Bonus offers
  • Trading contests
  • Trading by telephone
  • PAMM accounts
  • LAMM accounts
  • MAM accounts
  • Affiliate program
  • Islamic accounts available
  • Requires sending documents via postal mail
  • Company Master Services Inc.
  • Founded in 2006
  • Offices in
    • Indonesia
    • Russian Federation
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4 (Limited with 30 days)
    • MetaTrader 5 (Limited with 30 days)
  • Account currencies
    • Euro
    • Indian rupee
    • United States dollar
  • Currency pairs
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  • Regulated by
    • IFSC (Belize), IFSC/60/296/TS/14
  • Website available in
    Show website languages Hide website languages
  • Support available in
    Show support languages Hide support languages
  • Support methods
    Show support methods Hide support methods
  • Trading server time zone GMT+3
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
    • Gold & silver1:500
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 4
  • Margin call level 1%
  • Stop-out level 1%
  • Minimum distance to stop/limit orders, pips 4
  • Number of currency pairs 28
  • Special notes Total maximum quantity of orders is 100.
  • History
    Show history Hide history
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $5
  • Minimum position size 1 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
    • Gold & silver1:500
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 4
  • Margin call level 1%
  • Stop-out level 1%
  • Minimum distance to limit orders, pips 4
  • Number of currency pairs 28
  • History
    Show history Hide history
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $500
  • Minimum position size 1 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0.1
  • Commission (one-way) per 1 std. lot $2.40
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 4 or 5
  • Margin call level 100%
  • Stop-out level 60%
  • Number of currency pairs 23
  • History
    Show history Hide history
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $500
  • Minimum position size 0.1 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 2
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • CFD1:10
    • Stocks1:20
    • Futures1:14
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 4 or 5
  • Margin call level 1%
  • Stop-out level 1%
  • Minimum distance to stop/limit orders, pips 4
  • History
    Show history Hide history
View contract specifications

Reviews

39 reviews of MFX Broker are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

T-raider, Austria.
Monday, January 18, 2016

It is hard to explain my overall impression, I was enjoying some of their merits, but got trouble afterall. Everything was going quite fine, but unfortunately, I failed to avoid dissapointment. Order processing got to be noticeably worse closer to end of the year even despite the fact that volatility of market was not stronger than usually. I decided to implement short-term trades so such thing as execution has played determinative role for me with negative outcome. Therefore I haven't managed to earn for myself since wallets loosing their weight during holidays :) The situation was partially saved with the other broker I trade with as it was providing quality service (including execution) so I recovered but anyway earned less than possibly could. As the matter of ethics, I will not reveal my thoughts about possible reasons of it (I must say that I have been trading for almost ten years so I have understanding of what is going on). After so-so trading with this company I finally can determine my experience as negative, since such seemingly small detail has spoiled all the impression.

Andrew, Russia.
Wednesday, December 16, 2015

This broker is really good; I trade with binary options here. The performance is excellent, and deals are opened and closed instantly. In general, I have only positive trading experience with this broker.

Peter, Poland.
Thursday, July 30, 2015

Im testing MFX demo account for 3 months and everything looks very good. i think about real account.

Joda, Poland.
Wednesday, June 10, 2015

I have few accounts e.g. in Dukascopy, Tickmill and HotForex. Since may I trade with MFX too and I see very good executions and low spreads.

Felix, Poland.
Friday, May 8, 2015

I have good opinion and experience with MFX. Low spreads, STP account and fast withdraws.

alvinwilliams619, philippines.
Tuesday, September 24, 2013

Nice broker. Withdraw always processed, little bit slow sometimes take 2 days. But it's not a problem for me. platform is also good.

MF397655, Vietnam.
Tuesday, June 4, 2013

I have tried this broker and everything works best ! I think that we can trust and trade forex with this broker. I came this broker through my friend introduction with $10 gift, I made some profits and I will try to withdraw. I will be good to show you the payment and trust this broker :)

Saleh Nasseri, Morocco.
Wednesday, March 20, 2013

Good broker, good support, and very fast order execution..

Duong Thanh, Viet Nam.
Tuesday, March 19, 2013

Quite good client cabinet, I trade this a few day with the no deposit bonus and have no problem. my account is micro account so I feel this spread so high. Need some day for test withdraw system.

Nanan Suhendar, Indonesia.
Saturday, October 29, 2011

I will take my words earlier time about this broker, but the result is very disappointing. the evidence I have problems serious enough at this time "for my info please refer to the following issues, please be careful to All Client MFX https://www.facebook.com/groups/112642395447205/266891943355582/

Thomas, Australia.
Monday, October 24, 2011

Masterforex did not transfer the amount of 100,--EURO to my account. I gave them the opy of my bank transfer. But Masterforex still said that the money did not arrive and did not receive it.

Masterforex is a SCAM.

Be very CAREFULLY!!!

Jaya, Indonesia.
Monday, August 22, 2011

Nanang : You are in a right place sir :)

Putu : You are right sir, now MasterForex was present in 13 major areas in Indonesia such as Sumatra, Batam, Palembang, Jakarta, Bandung, Bekasi, Bogor, Bandung, Yogyakarta, East Java, Pontianak, Sulawesi, Bali

Succes With Us :)

Putu, Indonesia.
Thursday, August 11, 2011

Did you have not tried MasterForex?

try it, because MasterForex very close to us with the presence of a representative office in our area..

welcome and we will provide the best service for you!

Thank's

Nanan Suhendar, indonesia.
Thursday, June 9, 2011

i`m used this broker, no problem!!

Dede, Indonesia.
Tuesday, May 31, 2011

Dear Russel...

Recently Masterforex is being done to reform the commission system partners L2 level.

It seems now already finished and the partners have been paid commissions.

Evidenced by the update that contains updated reviews of Russell :

"After waiting for about a month (since the middle of march 2011) with no response from masterforex, I didnt check my Masterforex partner at all as I felt pessimistic that they will pay my affiliate commission.

The good news, a few days ago I checked my partner account and felt glad to see they finally credited my commission. Thanks God.

I hope later on, Masterforex.org can be more professional and handle customers problem on time. Case closed."

so Masterforex NOT EXACTLY A SCAM but still RECOMMENDED FOREX BROKER!!!

Thanks..

Best Regards

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