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Broker Reviews

MFX

Trust Score:

5.00

(1 Reviews)
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About MFX

MFX presents itself as an international broker offering access to forex, metals, commodities, indices, stocks and cryptocurrencies through advanced trading platforms with a focus on execution speed and client fund security. The company states that client funds are maintained in segregated accounts with top-tier banks, providing an added layer of operational protection.

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Regulation & Security

MFX notes that customer funds are maintained in segregated accounts and mentions adherence to banking standards. However, no verifiable regulatory licence from major authorities is confirmed, and independent checks do not show registration under recognised regulators. Traders should assess the implications of operating without clearly stated external oversight.

Account and Setup

MFX allows online account opening and supports both live and demo accounts. The broker references a minimum deposit starting around USD 10 for certain account types, including Standard and ECN structures, enabling access to multiple instruments and trading environments.

Funding Options

Funding and withdrawal services include bank transfers, credit or debit cards and selected e-wallets, including USDT. The broker indicates that most deposits are processed instantly and withdrawals take one to five working days. Certain methods may qualify for zero-fee processing.

Bot & API Compatibility

MFX supports the MetaTrader 5 (MT5) trading platform and allows the use of Expert Advisors for automated and algorithmic strategies. The MT5 environment also enables custom indicators and advanced charting suitable for EA optimization.

Trading Conditions& Restrictions

Trading conditions include variable spreads, flexible leverage and average execution times reported near 0.20 seconds. The broker states there are no re-quotes and offers floating spreads across account types, though exact leverage and fee structures are not publicly detailed.

Regulation & Security

MFX notes that customer funds are maintained in segregated accounts and mentions adherence to banking standards. However, no verifiable regulatory licence from major authorities is confirmed, and independent checks do not show registration under recognised regulators. Traders should assess the implications of operating without clearly stated external oversight.

Account and Setup

MFX allows online account opening and supports both live and demo accounts. The broker references a minimum deposit starting around USD 10 for certain account types, including Standard and ECN structures, enabling access to multiple instruments and trading environments.

Funding Options

Funding and withdrawal services include bank transfers, credit or debit cards and selected e-wallets, including USDT. The broker indicates that most deposits are processed instantly and withdrawals take one to five working days. Certain methods may qualify for zero-fee processing.

Bot & API Compatibility

MFX supports the MetaTrader 5 (MT5) trading platform and allows the use of Expert Advisors for automated and algorithmic strategies. The MT5 environment also enables custom indicators and advanced charting suitable for EA optimization.

Trading Conditions& Restrictions

Trading conditions include variable spreads, flexible leverage and average execution times reported near 0.20 seconds. The broker states there are no re-quotes and offers floating spreads across account types, though exact leverage and fee structures are not publicly detailed.

MFX Reviews

( 1 )

MFX Reviews

( 1 )
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