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.

The company’s registered address and the registered financial authorities maybe updated at anytime.

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.

Myfx Markets’ servers are located in New York.

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 commodity CFDs include WTI Crude, Cocoa, Coffee, Copper, Soybean, Brent Crude Oil and Natural Gas.

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.

STM account is basically a mirror account and represents the total amount of all clients’ deposits.

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.

With conditions, Myfx Markets also provides interest paid on AUD balances.

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

MyFX Markets Ratings And Reviews

MyFX Markets's Rate

3.6 rating based on 32 ratings
3.6/5 32
  1. I found that TAGZ is a scam. Also invested on their platform ,after they kept asking me for kyc I got suspicious and did not invest more. They did not give me my investment (50,000 €) nor profits back. Luckily chargebacksecured dot com helped me get my money back the right way.

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MyFX Markets's Trading Accounts

MyFX Markets (Myfx Markets Pty Ltd) offers 2 trading account types.

Account Name
Max Lev
Min Deposit
Commissions
Margin Call/Stop Out
Spread
Link
400:1
$200
90%/90%
Variable
Pro
400:1
$1,000
$7/per Lot
20%/20%
Variable

MyFX Markets Company Profile

Myfx Markets is a Foreign Exchange liquidity provider that offers a wide range of trading technologies and services.

* CFD Service. Your capital is at risk.
Regulations & Licenses
Company Myfx Markets Pty Ltd
Founded 2013 (11 years)
Country Base Mauritius
Headquaters Level 2, Raffles Tower Cybercity, Ebene, Republic of Mauritius
Traders Rating
3.6 rating based on 32 ratings
3.6/5 32
Supported Platforms
Maximum Leverage 400:1 *
Crypto-Currencies Not Available
Client Funds Safety Segregated
Deposit Methods
Withdrawal Methods

Company Categories

Tags

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.

MyFX Markets FAQ

Everything you need to know about MyFX Markets (Myfx Markets Pty Ltd).

ECN stands for Electronics Communication Network and it offers you with No Market-Making trading environment and some other tarding tools such market depth, partial fills, VWAP etc. In terms of the order execution, there is no difference from STP(straight through processing) trading environment, where the broker ...

You may sometimes not get any responses from MyFXMarkets, but the FSC(in Mauritius) regulated online Broker MyFXMarkets is active currently in 2018. We, Hercules.Finance will notify immediately in case there is any official news provided from the broker. If you are having trouble contacting the support team of...

MYFX Markets provides a replica of the live trading environment, including access to real-time spreads and execution speeds. You can learn to use the trading platforms in a risk-free environment. Opening a Demo MT4 Account If you haven’t already downloaded the MT4, you can download it from the official website. ...

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 ...

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 s...

MyFxMarkets offers variety of financial instruments through MetaTrader4. Available instruments are as follows: Forex currency pairs Precious Metals Energies Commodities Stock Index CFDs Over 50 different instruments are available through on trading account and one trading platform. MyFX Marke...

MyFxMarkets does not restrict anything on its trading platform, MetaTrader4. You are allowed to: Use any kind of EAs Trade Scalping Hedge orders Trading during News Time Copy Trade There is also no reported profit cancellations from its users either. If you are not sure that your trading me...

MyFXMarkets seems very inactive. How's this broker's review and activities these days?

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