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Independent rating of Forex broker MFX Broker

2/10 (votes 100)

On-line since
2006
Country of origin
Russia
Regulation
IFSC (Belize), IFSC/60/296/TS/14, The Ministry of Commerce and Industry of Panama, # 1871723-1-717270 DV 48
Payment options
CONTACT, Credit/debit cards, DIXIPAY, EgoPay, FasaPay, Liqpay, MoneyGram, OKPAY, QIWI, RBK Money, UnionPay, WebMoney, Western Union, Wire transfer, Yandex.Money
Minimum account size
1 $
Minimum lot size
0.001 lot
Leverage
from 1:100 to 1:500 
Spreads
2 pips on EUR/USD

MasterForex Company was established in 2006.
The general principles of MasterForex Company are: honest and open relationship with clients, experience and professionalism of managers, intention to offer the best trading conditions for clients. At present, MasterForex Company puts two types of real trading accounts at its clients’ disposal: cent and dollar accounts.
MasterForex Company provides its clients with an access to the interbank currency market, directing the client’s orders to the Electronic Communications Network (ECN).
Initially, MasterForex was a dealing centre, nevertheless, now the Company is one of the dynamically developing Forex brokers, supplying its clients with a full range of high- quality services at Forex market.

Comments

Author: Baasyir Fuad Date: 2016-10-18 01:02:55 (UTC+3)
Mfx Broker is the best THIEF BROKER IN THE WORLD, Igor Bandit Volkov the president is the real thief person, who should go to jail and will be held accountable their deeds in Hell
Author: sienogn -oahd Date: 2016-10-12 08:02:43 (UTC+3)
One of my orders was cancelled yesterday, and I tried to contact the Dealers Department to know the reason. Yesterday, the staff told me that my problem was under investigation, and I need to wait for another 8 hours. And when I checked my trading account today, I noticed that my earnings has been refunded back to my account. I am very thankful to their Support team for the quick assistance. Before I forgot, I partook in their Sit and Go Duel live contest 5 months ago, and got a chance to win. The money worth 100 dollar was credited to my account after one week. The delay was due to some information discrepancies.
Author: Traderdek Date: 2016-10-11 07:46:35 (UTC+3)
It does not pay profits! Promises, promises, promises. I am waiting for 2k euro. Be careful and do not deposit the money, you lose them!
Author: Laila Date: 2016-09-19 09:31:06 (UTC+3)
I opened an account with MFX based on contracts specification on their website. They write EURGBP spread is 3 pips but the actual spread is 10 pips. So, I've decided to withdraw all my money but they still pending my withdraw request for more than 2 days now.
Author: Lynn Lee Date: 2016-09-13 06:11:55 (UTC+3)
This broker is a big scammer, they don't respond and approve when you do the withdrawal. I have cases file with FPA ( Forex Police Amry) due to they are not paying and also not allow customer to withdrawal their own money back. Dont believe whatever they advertise on their website. They have no support to pay back the clients, morever they are out there to cheat every possible customer. I am speaking from experience and many of my friends who are involve in the scam. We normal layman invested with the hope that it will improve our life. I have more than USD 150K inside them, this is my whole life saving, I have been trying to withdraws since June 2016, and it is still under pending stage. Even at FPA website, they have 3 traders court case now that MFX broker are not paying the customers. For all traders out there , do not believe in this scammer, report them to whichever countries they are in. If they have the humanity and the realization that what they did is destroying innocent life, they would do something to correct it. It is a very painful and hard time for me, because I need the money to treat my illness, but without the money I can;t go for extensive treatment. I pray everyday that i only need my own money back, I dont care about the profit or interest.
Author: Rei Date: 2016-08-18 04:06:37 (UTC+3)
I had no problems excellent service. Any time I request withdrawal it was in my bank account within 3 days. Well done guys. Limit orders regularly do not get filled immediately, have seen delays in minutes.
Author: pipnobita Date: 2016-08-04 03:23:50 (UTC+3)
On joining the MasterForex Company I think it will obtain a profit quickly and many other advantages because the minimum deposit account only $ 1 but it all did not like me and maybe other traders also think, because of the weakness of these brokers exist on their trading systems that not practical so that traders must take a lot of processes with difficult conditions and bonuses are only slightly. it looks like I'm going to close my account
Author: Lenny Date: 2016-07-13 15:45:20 (UTC+3)
Not a reliable broker, they refuse to pay me my profits. Once or twice my deposits were also delayed, which caused me to lose lots of money. Other than that, I had no problems with order execution.
Author: Umair Date: 2016-06-30 05:24:46 (UTC+3)
I have a standard account and the spreads are consistently reasonable, regardless of the market conditions. The rewards program and the weekly contests are great!
Author: fxbeguganjang Date: 2016-06-17 02:04:04 (UTC+3)
In my opinion, MFX Broker is broker who didn't doubt for their capabilities, at least I've proved it for about 1 year. MFX Broker is a honest broker, especially in terms of share about profits, what they offer in their promotional page, that is what they provide. They never lie to their traders and I've been getting a lot of profit after joining them.

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