MasterForex Review and Information 2023

	MasterForex
Voting Rating	MasterForex does not participate in the Forex Rating Submit Forex Broker
Reviews Rating
Status	Closed
Regulation	Financial Commission, IFSC
Trading software	MetaTrader 4, MetaTrader 4 ECN, MultiTerminal, cTrader
Headquartered	199178, Russia, Saint-Petersburg, 18th line of Vasilievsky Island, 31 Ofiice Center

MasterForex is global international investment company providing its’ services to the traders from all over the world. The broker was established in 2006 as a Malaysia forex broker. The brokers’ operation and services are regulated by IFSC. The Masterforex broker head office is located in Saint-Petersburg, Russia. The company render its’ services to 150000 traders from many countries of the world. Malaysia forex company has representative offices in 12 countries and partners’ offices in 60 countries of the world. The broker’s website and customer support service are available in multiple languages. The client support team works on a 24/5 basis and is always ready to solve any customer’ issues.

Among others master forex trader offers its services in Russia and Malaysia. Being Malaysia regulated forex broker MasterForex is best forex broker for Malaysian traders. The broker enters the list of Malaysia largest financial establishements.

MasterForex offers trading Micro, Standard, ECN and CFD types of accounts. Micro account start from only $1 with leverage from 100:1 to 500:1 and fixed spreads on major currency crosses starting from 2. The trading is available on a wide range of trading platforms, such as MetaTrader 4, MetaTrader 5 and their modifications for mobile devices on Windows, Android and IOS operational systems. The software is highly customizable and easy to use. The automated trading is allowed in MasterForex. The broker provides to its’ customers Partnership programs and Trust management. For beginners there is free teaching the foundations of trading and the software usage in MFX Trading Academy. Besides Forex the broker offers trading such trading tools as futures and metals. MasterForex allows its’ customers to choose the type of execution between market one and instant one.

During the seven years of operation Malaysia top forex trader has received the following major international financial awards: Best Russian and CIS broker, Best development prospects on Chinese market, Best Micro Forex Broker 2010, Best Upcoming Forex Provider in Asia 2011, Best Micro Broker (ForexExpo 2013 Awards), Best Forex Services in Russia and the CIS (IAIR Awards 2013), Best Forex Education Portal 2013 (ForexExpo 2013 Awards), “Innovative Solutions in the Sphere of Investment 2014” by Global Banking & Finance Review, "Best ECN Broker 2014" by IAFT Awards. Besides Master Forex trading was nominated for best forex broker in Malaysia, best russian forex brokers, and best chinese forex brokers.

On the company’s profile page at our website you can read Masterforex reviews by other traders as well as write your personal Masterforex review of your personal experience with the broker. To add a forex malaysia review you need to login to the site.

MasterForex Trading Information 2023

WWW	http://masterforex.com/en/
Address	199178, Russia, Saint-Petersburg, 18th line of Vasilievsky Island, 31 Ofiice Center
Headquarters	Saint-Petersburg
Free phone	8 800 333-00-91
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Trading by phone
Mobile trading
Automated trading
Daily analysis
Demo account
Swaps
24/5 trading
Scalping
Hedging
Commissions
Digits after the dot in quotes	5
Minimum position size	0.01
Spread Type	Variable
Pip spread on majors	2-3
Maximum Leverage	500
STP, $
ECN, $	200
Standard account, $	5
Mini account, $	1
Popular payment methods	Wire Transfer, Credit Cards, WebMoney, LibertyReserve, RBKMoney, Paypal, OKPAY, DIXIPay, IntellectMoney, TeleMoney, PerfectMoney, Egopay
Account currencies	EUR, USD, GBP, AUD, CHF, JPY, CAD
Available assets	Futures, Metals
Languages	English, Indonesian, Spanish, Chinese, Russian, Arabic
Platforms	MetaTrader 4/5, MetaTrader 4 ECN, MultiTerminal, cTrader
Broker type	Broker
Regulation	Financial Commission, IFSC
Foundation	2006

MasterForex Reviews and Comments

Do not under any circumstances contact MasterForex. What they are doing is outrageous. My account was blocked without explanation! They explained that they have the right to do so. At that time, 167 positions were opened, all were closed forcibly. As a result, minus $ 50. The amount is small, of course, but still it's my money, and as I understand it, no one will return it to me. I am disabled and earning on forex was the only way to somehow make ends meet. I want to thank you for opening my eyes. I worked with them for six months, and as soon as something started to work out, I was immediately sent overboard. I concluded: as long as you drain your deposit, you are a very good client. But as soon as you start earning, you are immediately overboard! Without explaining the reason! Very comfortably.
Darren Watts 7 Jun 2020 Reply

I'm trading on a standard account here. Wanna say that the execution of deals is very good - almost no requotes and with minimal spreads. I'm planning to switch over to ECN, which is better to trade on. As for the cashing out, I haven't faced any problems - everything went according to their regulation.
juanjuan230184 23 Dec 2015 Reply

I haven't faced any problems with this broker as well. My earnings are cashed out in time, and the trading conditions are very good.
Gitroz 22 Dec 2015 Reply

I've been trading on a standard account with this broker for more than a year. Haven't faced any problems at all; spreads are minimal, and their support answers to all my questions without any delay. For those who doesn't believe me, I'm attaching a screenshot of my personal account...
millerfx8607 11 Dec 2015 Reply

Award-Winning NDD Execution

All client trades are executed with No Dealing Desk* intervention. Most trades are filled in under 10 milliseconds, with up to 2,000 trades executed per second.

The trading with MasterForex has become unbearable. The order execution is terrible. It takes several minutes to change an order. So I have ordered the account closure and waiting for the withdrawal of the depo remnants. Have been waiting for more than a week already.
Leo 7 Oct 2015 Reply

Also heard bad new about this broker from forex forums. But I do not know the truth.
kurnia 27 Oct 2015

I have had real account for 6 moths and i can say that offer low market spread and fast execution. This broker doesn't get in your way and the service is professional.
baron743 20 Sep 2015 Reply

This broker doesn't get in your way and the service is professional. I'm considering getting a professional account there. For now i'm interested in small sums but at high leverage and i'm quite satisfied.
shogun-81 19 Sep 2015 Reply

Some brokers will scam you, MFX is fair and having a account there really pays off. In my opinion good forex broker. Recently I won $500 in their competition.
buffet1912 18 Sep 2015 Reply

Their mobile platform doesn't get stuck. Support is available at all times, and I learned a lot from their materials on the website. What's more they offer good conditions of trading.
tde.maj 21 Sep 2015

I have short experience with that broker and I can't say anything bad. They offer low markets spreads, they have nice bonuses, until now i'am quite satisfied.
marek.lechowski 9 Sep 2015 Reply

I've made three deposits to my trading account last week. The first deposit has come fast, but the other two are still somewhere on the way. I've perosited because there was a threat of deposit draining. Looks like they are waiting me to get the negative balance on the account. I've sent them a message via the feedback form on their website but it was not clear whether the message was actually sent. They haven't answered either.
spacemen 7 Sep 2015 Reply

MFX Broker is STP so it is good model for traders
George 10 Jun 2015 Reply

I have few real accounts e.g. in XTB, Tickmill and HotForex. Since may I trade with MFX too and I see very good executions and low spreads. Especially comparing with XTB
Taddy 10 Jun 2015 Reply

comparing with fxpro, mfx broker looks great. very nice, market spreads.
gupsey 2 Jun 2015 Reply

Since March I trade on micro account. Low deposit to long term positions and everything is ok. I would recommend this broker.
Jordan 31 May 2015 Reply

Collaborate with a Reliable Forex Broker

HF Affiliates is one of the leading Partnership Programs in the industry featuring competitive commissions, marketing tools and exceptional support. With the best commission structure and tailor-made products, we can help you achieve your expectations with high revenue share, multi-tier affiliate tracking system, no set-up fees to join and an auto-rebate system.

Now, I have demo account because few of my friends trader live in MFX. I think this broker is good opportunity for other companies which have problems with their clients.
dany 25 May 2015 Reply

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