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Broker Reviews

mForex

Trust Score:

2.19

(4 Reviews)
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About mForex

mForex operates under the brokerage arm of mBank S.A. in Poland and provides access to online trading of forex currency pairs and CFDs on indices, commodities and other instruments. The offering includes an ECN-style execution model for FX and an STP model for other assets via the proprietary mForex Trader platform alongside an intuitive browser-based trading interface.

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Regulation & Security

Maintaining regulatory oversight, mForex functions within the Polish market and adheres to domestic investment-service legislation under the supervision of Komisja Nadzoru Finansowego. Client funds may benefit from the bankÕs institutional protections and the firm publishes its legal acts, source-of-funds verification and instrument specification documents under Polish law.

Account and Setup

The account opening process at mForex starts with online registration, identity verification and acceptance of various documentation under relevant regulations. The broker offers both demo and real trading accounts, and documentation indicates a minimum deposit threshold in the range of PLN 2 000 for a live account.

Funding Options

Funding options available through mForex include bank-transfer deposits and instant transfers via mTransfer and Paynow for clients of mBank. The firm highlights free deposits and mentions fast transfers from a bank account within its own banking group.

Bot & API Compatibility

The broker supports the MetaTrader 4 (MT4) platform as its primary trading interface and allows traders to use strategies built on that platform, including Expert Advisors, custom indicators and scripts.

Trading Conditions& Restrictions

Description of platform tools emphasises ÒSmart OrdersÓ, one-click execution and depth-of-market access on MT4.

Regulation & Security

Maintaining regulatory oversight, mForex functions within the Polish market and adheres to domestic investment-service legislation under the supervision of Komisja Nadzoru Finansowego. Client funds may benefit from the bankÕs institutional protections and the firm publishes its legal acts, source-of-funds verification and instrument specification documents under Polish law.

Account and Setup

The account opening process at mForex starts with online registration, identity verification and acceptance of various documentation under relevant regulations. The broker offers both demo and real trading accounts, and documentation indicates a minimum deposit threshold in the range of PLN 2 000 for a live account.

Funding Options

Funding options available through mForex include bank-transfer deposits and instant transfers via mTransfer and Paynow for clients of mBank. The firm highlights free deposits and mentions fast transfers from a bank account within its own banking group.

Bot & API Compatibility

The broker supports the MetaTrader 4 (MT4) platform as its primary trading interface and allows traders to use strategies built on that platform, including Expert Advisors, custom indicators and scripts.

Trading Conditions& Restrictions

Description of platform tools emphasises ÒSmart OrdersÓ, one-click execution and depth-of-market access on MT4.

mForex Reviews

( 4 )

mForex Reviews

( 4 )
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Corporate solutions

Fund House Suite

Price ranging from
USD 100,000/mo

Corporate Suite

Price ranging from
USD 30,000/mo

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Price ranging from
USD 10,000/mo

Retail solutions

Diamond

Price ranging from
USD 4,997/mo

Titanium

Price ranging from
USD 2997/mo

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Price ranging from
USD 497/mo