| Min. Deposit | 200 |
| Max Leverage | St. Vincent and the Grenadines |
| Min. Spreads | From 0.0pips |
| Mobile Trading | Yes |
| Web Trading | Yes |
| News Trading | Yes |
| Headging Scalping: | Yes |
| Trade Platform | MT4 for Desktop, MT4 Web Terminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader MT4 Multi Terminal, MT5 for Desktop, MT5 Web Terminal, MT5 Android, MT5 iPhone Trader, MT5 iPad Trader, Platform for Android, Platform for iOS |
MYFX Markets comes across as a no-frills forex and CFD broker that focuses on low costs and fast execution. Account setup is straightforward, with clear pricing and a choice between raw spread plus commission or an all‑in spread. Order fills are quick during liquid hours, though spreads can widen in volatile markets. The platform lineup covers popular third‑party terminals, supports automated strategies, and offers basic charting and alerts. Funding and withdrawals are simple, with transparent fees listed before you confirm a request. Education and research tools are light, so active traders who already have a process will get the most value. Always check current regulation, client fund segregation, and the exact entity you open with, since protections can differ by region. Want tighter costs or stronger research? Compare live spreads, commission totals, and support response times before you commit real money.
| Swap Free Acc | Yes |
| Acc Funding Methods | Bank transfer (local and international), credit/debit cards, Alipay,Wechat Pay, China Union Pay |
| Acc Withdrawal Methods | Bank transfer (local and international), credit/debit cards, Alipay,Wechat Pay, China Union Pay |
| Vip Accounts | Yes |
| Mini Accounts | Yes |
| Segregated Acc | Yes |
| Free Demo Acc | Yes |
| Managed Accounts | Yes |
| Islamic Accounts | Yes |
MYFX Markets Forex Broker Ratings often reflect core checks that traders care about. Review verified regulation, fee transparency, and trade execution during peak hours. Look for consistent spreads, fair swaps, and stable platforms like MT4 or MT5. Test deposits and withdrawals for speed and fees, then confirm limits and available base currencies. Scan support response times, not just availability claims. Read recent user reviews, focus on patterns, and ignore one-off rants. Cross-check the broker’s license on official registers, and match it with the entity you open an account with. Compare account types, order types, and risk tools, then run a small live test. What matters most to you, cost, execution, or service?
| Broker Name: | MYFX Markets |
| Country: | St Vincent and the Grenadines |
| Base Currencies: | EUR, USD, GBP, SEK, DKK, ZAR, NOK, PLN, AUD, AED, CZK and More |
| Languages: | English, Arabic , Indonesian, Malaysian, Thai, Vietnamese and More |
| News Trading: | Yes |
MYFX Markets is a higher-risk broker with a TU Overall Score of 4.83 out of 10. Based on user feedback and the company’s profile, it suits experienced traders more than beginners. The broker has operated since 2014 and offers Forex, cryptocurrencies, and CFDs on indices, metals, and energies. Trading is available on MetaTrader 4 and MetaTrader 5. The company is registered with AOFA and the FSA Seychelles.
Key facts:
Advantages:
Disadvantages:
The broker is transparent about trading conditions, fees, and swaps. Spreads on the Pro account are tight, quotes are competitive, and execution is fast. The trade-off is limited extras such as education, analytics, or news. The platform choice is solid, but toolsets are basic.
Note: Account currencies are USD, AUD, and JPY. Deposits in other currencies may be converted at market rates.
Regulatory status:
Additional notes:
Brokers with Tier-1 licenses, longer track records, and participation in compensation schemes are generally safer.
What stands out:
Possible drawbacks:
Account-level pricing:
On Pro accounts, expect raw spreads plus commission. During volatile periods, spreads can widen.
Leverage is set at account opening and can be updated in the client area, subject to the instrument.
Highlights:
PayPal and Wise are not supported. Funding options are adequate, though not extensive.
Investment and passive options:
The range suits Forex-focused traders who do not need stocks or options.
The site lacks a full education hub. Basic info is available through FAQs and the Products section. New traders can use a demo account to practice.
MYFX Markets focuses on tight pricing, fast execution, and MT4/MT5 access. It falls short in education, research tools, and top-tier regulation. Traders who prioritize raw spreads and MAM access may find it useful, while safety-focused users may prefer a broker with Tier-1 oversight.
Risk warning: Trading CFDs involves significant risk. Losses can exceed deposits without negative balance protection. Ensure compliance with local laws and only trade what you can afford to lose.
