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May 13, 2016

Question:Is MyFXMarkets active? Is anyone trading with this broker?

Answer:

Yes, MyFXMarkets is still active currently in 2019.

We, Hercules.Finance will announce immediately in case there is any New from the Broker officially.

MyFX Markets Official Website

No Livechat No Responses?

There are many investors having hard time contacting MyFXMarkets though, the Broker has been active since 2013 and now registered by MU:FSC in Mauritius.

The Broker used to be regulated by ASIC in Australia nor FMA in New Zealand before, but they have changed the registration right after the expiration dates of these licenses.

So far, there is almost no complains from its traders and the broker is doing their job without causing any problems.

You may not receive any answers through Livechat or Phonecalls, but the broker is still providing its services.

Why trade with MyFXMarkets?

The advantage of trading with MyFXMarkets is that the broker does not restrict any trading methods on its trading platform.

There is no reported profit cancellations when withdrawing funds, nor any other major issues.

It hasn’t been confirmed but the Broker is probably a complete STP Broker which doesn’t hedge(cover) any clients’ trades, thus they might have minimized their costs of hiring people and that could be one reason of its (relatively)poor support.

The spread is from 0.6 pips with no restrictions of trading methods. MyFXMarkets offers preferable trading environment for EA Traders and Scalpers.

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