HFM information and reviews
HFM
96%
Octa information and reviews
Octa
94%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FXCM information and reviews
FXCM
87%
Vantage information and reviews
Vantage
85%

MasterForex Review and Information 2023

MasterForex  Information and Review 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.
  7 Jun 2020  
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.
  23 Dec 2015  
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.
  22 Dec 2015  
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...
  11 Dec 2015  
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.
  7 Oct 2015  
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.
  20 Sep 2015  
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.
  19 Sep 2015  
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.
  18 Sep 2015  
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.
  9 Sep 2015  
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.
  7 Sep 2015  
MFX Broker is STP so it is good model for traders
  10 Jun 2015  
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
  10 Jun 2015  
comparing with fxpro, mfx broker looks great. very nice, market spreads.
  2 Jun 2015  
Since March I trade on micro account. Low deposit to long term positions and everything is ok. I would recommend this broker.
  31 May 2015  
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.
  25 May 2015  
All MasterForex Reviews

Related Forex Brokers

# Forex Broker Reviews Status For Against Type Regulation Leverage Account
1HFM Detailed information and reviewsHFMReviewsRecommended964BrokerCySEC, FCA, DFSA, FSCA, FSA, CMA2000$0
2Octa Detailed information and reviewsOctaReviews946BrokerSVG500$50
3FXCC Detailed information and reviewsFXCCReviewsRecommended928ECN, STPCySEC, SVG500$1
4FxPro Detailed information and reviewsFxProReviewsRecommended8911Broker, NDDCySEC, FCA, FSCA, SCB500$100
5FXCM Detailed information and reviewsFXCMReviewsRecommended8713BrokerFCA, ASIC, SFC, CONSOB, BaFin, ACP30$300
6Vantage Detailed information and reviewsVantageReviews8515BrokerVFSC, ASIC, FCA, FSCA1000$200
7MultiBank Group Detailed information and reviewsMultiBank GroupReviews8416ECNSCA, MAS, CySEC, ASIC, AUSTRAC, BaFin, FMA, FSC, CIMA, TFG, VFSC500$1000
8FP Markets Detailed information and reviewsFP MarketsReviews8317ECN, STP, DMAASIC, CySEC, FSCA500$100
9XM Detailed information and reviewsXMReviewsRecommended8218BrokerASIC, CySEC, FSC, DFSA1000$5
10Just2Trade Detailed information and reviewsJust2TradeReviews8020BrokerCySEC, NFA, FINRA, SIPC500$100
11AMarkets Detailed information and reviewsAMarketsReviewsRecommended7822BrokerMISA, FSA, FSC, The Financial Commission3000$100
12IronFX Detailed information and reviewsIronFXReviews7723MM, ECN, STPFCA, FSCA, CySEC30$100
13T4Trade Detailed information and reviewsT4TradeReviews7624ECN, STP, MMSeychelles FSA1000$50
14Exness Detailed information and reviewsExnessReviews7624MM, NDDFSA, CySEC , FCA , FSCA , CBCS ,FSC, FSC (Mauritius), CMA2000$1
15ModMount Detailed information and reviewsModMountReviews7525BrokerFSA400$250
16PowerStox Detailed information and reviewsPowerStoxReviews7525MMn/a400$2500
17FXNovus Detailed information and reviewsFXNovusReviews7525BrokerFSCA400$250
18BlackBull Detailed information and reviewsBlackBullReviewsRecommended7525ECN, STPFSA, FMA500$1
19Nixse Detailed information and reviewsNixseReviews7525ECNn/a400$15000
20Efixxen Detailed information and reviewsEfixxenReviewsNew7426MMn/a400$5000
MultiBank Group information and reviews
MultiBank Group
84%
FP Markets information and reviews
FP Markets
83%
XM information and reviews
XM
82%
Just2Trade information and reviews
Just2Trade
80%
AMarkets information and reviews
AMarkets
78%
IronFX information and reviews
IronFX
77%

© 2006-2023 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.