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.
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.
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.
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...
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.
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.
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.
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.
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.
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.
MFX Broker is STP so it is good model for traders
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
comparing with fxpro, mfx broker looks great. very nice, market spreads.
Since March I trade on micro account. Low deposit to long term positions and everything is ok. I would recommend this broker.
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.
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.
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
Faithful client for over 2 years by now, great quality of service and I am just happy that I chose them, thanks MasterForex!
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.
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.
