Who is Myfx Markets?
Myfx Markets is an online Forex and CFD brokerage firm, providing online investment service internationally.
The company was founded in 2013, and their service has been popular for years with passive promotions.
Myfx Markets has been providing transparent and fair trading environment.
By opening an account with MyFX Markets, you can invest in over 50 FX pairs, Metals, CFDs and Cryptocurrencies.
Open MyFX Markets Real or Demo Account
Myfx Markets Company Information
Myfx Markets’s service has started in 2013.
Myfx Markets, the trading name of AXIS INC., is incorporated under registered number 24078IBC2017 by the Registrar of International Business Companies.
At Myfx Markets, their focus is always on integrity, service and execution.
The broker provides the trading service through MT4 (MetaTrader4) trading platforms which is connected to dozens of liquidity providers including JPMorgan Chase, SEB, Credit Suisse, UBS, citibank, Nomra, Bank of America and BNP Paribas.
With the world’s largest banks and liquidity providers, whatever your Forex experience, Myfx Markets has got a solution that suits your needs.
As a regulated company, all funds received from the clients are deposited and held in the segregated trust account.
For any inquiries, you can contact Myfx Markets’ multilingual support team through live chat, phone or email.
Visit MyFX Markets Official Website
Trading Conditions of Myfx Markets
With Myfx Markets, you can trade Forex, Futures Indices, Gold, Silver, Commodities and Crypto assets.
The available trading platforms are MT4, which is suited for Windows, MAC, Android and iOS (iPhone and iPad) devices.
Myfx Markets also provides “Multi Account Management” option through STM (Single To Multiple) account.
Myfx Markets strives to offer the trading environment with “No dealer intervention”, and welcomes Experts Advisors for automated trading and any other trading styles including scalping, hedging and swing trading.
The available maximum leverage is 1:400, thus you can trade with 0.25% of margin.
Myfx Markets supports NBP (Negative Balance Protection), thus the maximum loss does not exceed the total deposit amount on Myfx Markets’ MT4 accounts.
| 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 |
The available base currencies for the above accounts are USD, JPY and AUD.
MyFX Markets Online Registration
Cryptocurrency Trading with Myfx Markets
With Myfx Markets, you can also invest in Cryptocurrency CFDs.
The list of available Cryptocurrency assets and the contact size are as follows:
| Cryptocurrency | Contract Size |
|---|---|
| Bitcoin (BTC) | 1 BTC |
| Bitcoin Cash (BCH) | 10 BCH |
| Litecoin (LTC) | 100 LTC |
| Ethereum (ETC) | 10 ETH |
| Ripple (XRP) | 10,000 XRP |
In order to invest in Cryptocurrency CFDs with Myfx Markets, you must open “Crypto Account”.
The leverage is fixed to 1:5.
You can find the trading conditions of the “Crypto Account” below.
| Account Type | Crypto Account |
|---|---|
| Spread | Visit MyFX Markets Official Website |
| Trading Commission | None |
| Account Base Currency | USD, JPY |
| Required Deposit Amount | $500 |
* CFD Service. Your capital is at risk.
Service Details
| Company | MyFX Markets (Myfx Markets Pty Ltd) |
|---|---|
| Rating Traders Rating | |
| Regulations Regulations & Licenses | |
| Founded Founded in | 2013 (10 years) |
| Max Lev Maximum Leverage | 400:1 *
Disclaimer about leverage:Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence. |
| USA clients | Not Accepted |
| JPN clients | Accepted |
| Country Base | Mauritius |
| Headquaters | Level 2, Raffles Tower Cybercity, Ebene, Republic of Mauritius |
Disclaimer about leverage:
Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence.
Funds
| Cryptos Available Crypto-Currencies | |
|---|---|
| Negative Balance | Offer Negative Balance Protection |
| Client Funds Safety | Segregated |
| Deposits Deposit Methods | |
| Withdrawals Withdrawal Methods |
