HFM information and reviews
HFM
96%
Octa information and reviews
Octa
94%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%

MasterForex Review and Information 2024

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 2024


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
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 Traders' Reviews

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  

Please login to start commenting.

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  

Please login to start commenting.

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  

Please login to start commenting.

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  

Please login to start commenting.

Far More than just an XM Trading Account - Client Benefits

All clients receive free and unlimited access to personal account managers, forex market research, daily forex webinars, video tutorials, forex trading signals, daily technical analysis, daily market outlook and 24/5 live customer support in over 30 languages.

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  

Please login to start commenting.

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  

Please login to start commenting.

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  

Please login to start commenting.

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  

Please login to start commenting.

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  

Please login to start commenting.

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  

Please login to start commenting.

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

Please login to start commenting.

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  

Please login to start commenting.

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

Please login to start commenting.

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  

Please login to start commenting.

The Impact of EAs on Forex Trading: A Double-Edged Sword

By enabling continuous, algorithm-based trading, EAs contribute to the efficiency of the Forex market. They can instantly react to market movements and news events, providing liquidity and stabilizing currency prices through their high-volume trading activities.

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  

Please login to start commenting.

I have real account in MFX Broker (old MasterForex) and everything is ok. On ECN account on EUR/USD I have usually spreads around 0,3 so very good.
  19 May 2015  

Please login to start commenting.

Hi! In my experience (not too long) I was trading on small account with 200 USD deposit. With small trades I didn't see any wide spreads. Fast executions - this is very good
  15 May 2015  

Please login to start commenting.

Faithful client for over 2 years by now, great quality of service and I am just happy that I chose them, thanks MasterForex!
  8 Oct 2013  

Please login to start commenting.

I chose Masterforex as they were one of the oldest and most popular Forex Broker in Russia, I must say that I am impressed with the quality of service and that I am very happy with my Scalping strategy, the execution is pretty fast and I appreciate that. Withdrawals are processed at max 2 business days which is just fine.
  13 Aug 2013  

Please login to start commenting.

Lately I was trading with their cTrader ECN platform, it is very handy and trading is very smooth! Great broker to work with, very good trading conditions and I always hear generous offers from them! Their customer service is just fine.
  21 Jun 2013  

Please login to start commenting.

All MasterForex Reviews

Related Forex Brokers

# Forex Broker Overall Rating Status Reviews Type Regulation Leverage Account
1Register HFM trading accountHFMOverall Rating for HFM: 5 starsTrusted 259 Reviews and comments BrokerCySEC, FCA, DFS...2000:1$1
2Register Octa trading accountOctaOverall Rating for Octa: 5 stars 360 Reviews and comments BrokerSVG500:1$50
3Register FXCC trading accountFXCCOverall Rating for FXCC: 5 starsTrusted 219 Reviews and comments ECN, STPCySEC, SVG500:1$1
4Register FxPro trading accountFxProOverall Rating for FxPro: 4.5 starsTrusted 946 Reviews and comments Broker, NDDCySEC, FCA, FSC...500:1$100
5Register FBS trading accountFBSOverall Rating for FBS: 4.5 starsTrusted 520 Reviews and comments BrokerIFSC, CySEC, AS...3000:1$1000
6Register Vantage trading accountVantageOverall Rating for FBS: 4.5 stars 33 Reviews and comments BrokerVFSC, ASIC, FCA...1000:1$200
7Register MultiBank Group trading accountMultiBank GroupOverall Rating for MultiBank Group: 4 stars 19 Reviews and comments ECNSCA, MAS, CySEC...500:1$1000
8Register XM trading accountXMOverall Rating for XM: 4 starsTrusted 279 Reviews and comments BrokerASIC, CySEC, FS...1000:1$5
9Register FP Markets trading accountFP MarketsOverall Rating for FP Markets: 4 stars 33 Reviews and comments ECN, STP, DMAASIC, CySEC, FS...500:1$100
10Register AMarkets trading accountAMarketsOverall Rating for AMarkets: 4 starsTrusted 51 Reviews and comments BrokerMISA, FSA, FSC,...3000:1$100
11Register Errante trading accountErranteOverall Rating for Errante: 4 starsTrusted 4 Reviews and comments DMA, ECN, MMCySEC, FSA500:1$50
12Register IronFX trading accountIronFXOverall Rating for IronFX: 4 stars 224 Reviews and comments MM, ECN, STPFCA, FSCA30:1$100
13Register T4Trade trading accountT4TradeOverall Rating for T4Trade: 4 stars 79 Reviews and comments ECN, STP, MMSeychelles FSA1000:1$50
14Register RoboForex trading accountRoboForexOverall Rating for RoboForex: 4 starsTrusted 285 Reviews and comments Broker, NDD, STPFSC2000:1$10
15Register Exness trading accountExnessOverall Rating for Exness: 4 stars 657 Reviews and comments MM, NDDFSA, CySEC , FC...2000:1$1
16Register Just2Trade trading accountJust2TradeOverall Rating for Just2Trade: 4 stars 104 Reviews and comments BrokerCySEC, NFA, FIN...500:1$100
17Register MarketRocks trading accountMarketRocksOverall Rating for Just2Trade: 4 starsNewcomer 9 Reviews and comments MMn/a400:1$2500
18Register ModMount trading accountModMountOverall Rating for Just2Trade: 4 stars 11 Reviews and comments BrokerFSA400:1$250
19Register PowerStox trading accountPowerStoxOverall Rating for Just2Trade: 4 stars 88 Reviews and comments MMn/a400:1$2500
20Register FXNovus trading accountFXNovusOverall Rating for Just2Trade: 4 stars 17 Reviews and comments BrokerFSCA400:1$250

* Forex Broker Rating accepts no liability for any errors in the information, trading conditions and forex reviews. For the most recent information please visit the Forex Broker's site. If you want to compare several brokers or analyze their trading conditions, please use our free comparison and research tool which will vividly show you the main benefits of the best forex brokers.

MultiBank Group information and reviews
MultiBank Group
84%
XM information and reviews
XM
82%
FP Markets information and reviews
FP Markets
81%
FXTM information and reviews
FXTM
80%
AMarkets information and reviews
AMarkets
79%
BlackBull information and reviews
BlackBull
78%

© 2006-2024 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.