- Who is MyFX Markets?
- Trading Conditions of MyFX Markets MT4
- How to signup and start trading with MyFX Markets
- How to Deposit fund to Myfx Markets?
- In case of deposits with credit/debit card
- How to withdraw funds from Myfx Markets?
Who is MyFX Markets?
MyFXMarkets is an Online Forex & CFD Broker in Mauritius.
Since its foundation in 2013, the Broker has changed its main location from AU, NZ and now in Mauritius.
MyFXMarkets is very quite in terms of Promotions, thus you may not see much activities of this broker in public.
The advantage of MyFXMarkets is the STP Execution on MT4.
MyFXMarkets offers Interference Free trading environment, with No restrictions of any kinds of Trading Activities/Methods.
With its Trading Server located in NY, which is close to the Servers of MyFXMarkets’s Liquidity Providers, they have achieved to offer STP/Fast Execution conditions on MetaTrader4.
Trading Conditions of MyFX Markets MT4
With MyFXMarkets, you can trade Forex pairs, Metals, Commodity and Equity Index on MetaTrader4.
The maximum Leverage is 1:400, and NBP “Negative Balance Protection” is fully supported.
The minimum spread of MyFXMarkets starts from 0.6 pips, with No Extra Commissions are charged.
How to signup and start trading with MyFX Markets
MyFXMarkets’s Service is very Simple and Competitive.
Follow the steps below and you are good to go.
- Register and Open a Live Account
- Base currency as USD, GBP, EUR, AUD, NZD, SGD, JPY or CHF.
- Deposit $200
- Download MT4 Platform
- MT4 is available for Windows, Android, iOS devices and MAC PC.
How to Deposit fund to Myfx Markets?
MyFX Markets offers variety of fund deposit methods.
Please refer to the table below for the list of available funding methods and main conditions.
|Funding Options||Processing Time||Available Currencies|
|Credit Card(MasterCard or Visa)||Instant 24 hours a day||USD, AUD, JPY|
|Fasapay||Instant 24 hours a day||USD|
|Sticpay||Instant 24 hours a day||USD, AUD, JPY|
|Mybitwallet||Instant 24 hours a day||USD, AUD, JPY|
|BitPay||Instant 24 hours a day||USD, AUD, JPY|
|Bank wire||Instant – Up to 4 hours||USD, AUD, JPY|
Deposit can be made only in USD, AUD and JPY.
Due to AML/CTF laws, MYFX Markets cannot accept funds from third parties.
All money deposited into your account must come from a bank account or Credit Card in the same name as your MYFX Markets trading account.
In case of deposits with credit/debit card
Please note that you can only deposit funds using a previously registered credit card.
To register your credit/debit card to MyFX Markets, you must provide photos of both sides of the card.
When submitting the copy of your card, you must make sure that followings:
- Photos must be colour photos.
- Credit card number can be hidden except the last 4 digits.
- Sign on the back of your Credit Card.
If the fund needs to be converted into a different currency, MyFX Markets’ best exchange rate will apply.
How to withdraw funds from Myfx Markets?
Due to AML/CTF laws, MYFX Markets cannot deposit funds to third parties.
All money withdrawn from your account must go to an account in the same name as your MYFX Markets trading account.
Please refer to the table below for the list of available fund withdrawal methods and main conditions.
|Withdrawal Options||Processing Time||Fees|
|Credit Card(MasterCard or Visa)||Instant 24 hours a day||No fees|
|Sticpay||Instant 24 hours a day||No fees|
|Mybitwallet||Instant 24 hours a day||No fees|
|Bank wire||1 – 5 days||$25|
|RMB Direct Transfer||1 – 5 days||$25|
Withdrawal process will take 1-3 days, for requests made on weekends, there may be a delay in processing until the following business day.
There may be separately fees charged by processing companies.