MyFXMarkets has been active since 2013, and the broker has changed its main financial license a few times till now.

There is no major issues or complains reported against this broker for these years.

Registered for Financial Regulatory Authorities

MyFxMarkets used to be based in Australia and regulated by ASIC from the beginning. Then it has changed the regulation to IFSC in New Zealand two years later.

When the IFSC license expired, the broker has changed the regulation to FSA in Republic of Mauritius along with its corporate registration.

MyFXMarkets’ actual office probably still based in Australia, but the broker is not regulated by any recognized regulators.

Although, the Broker has no histories of troubles with any regulations nor with its traders. It is relatively a new broker registered in Mauritius, but there are many existing traders in MyFxMarkets.

MyFX Markets Official Website

Customer Support Desk

Although in its official website it states that MyFXMarkets provides 24 hours of support, it is often that there is no response from the broker through livechat or phone.

It is not that the broker is not active, but there are some complains about the quality of support.

There are several methods to contact MyFXMarkets support desk, please try different way iin case you are having trouble reaching them.

myfxmarkets contact address

Go to MyFX Markets Official Website

Comparison of MyFX Markets account types

For traders, MyFX Markets has 2 main account types which are Standard and Pro.

See the table below to know the differences between these 2 account types and choose the right one for your strategy today.
 

Account Types Standard Account Pro Account
Trading Platform MT4 MT4
Minimum Spread (commission) 0.6 pips 0.0 pips ($7 round trip (USD))
Required Deposit Amount $200 $1000
Minimum Trading Volume 0.01 lots 0.01 lots
Available Markets 50+ FX Pairs, Metals, CFDs 50+ FX Pairs, Metals, CFDs
Maximum Leverage 1:500 1:500
Mobile Trading Available Available
Cryptocurrency Trading Available Available
Bonus Promotions Available Available
Multi Account Manager Available Available
Sign Up Open Standard Account Open Pro Account
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