Rating Index

Pros

Multiple market instruments available for trading, including forex, commodities, and cryptocurrencies.

High leverage options, allowing traders to operate with larger amounts than their deposits.

User-friendly trading platform, which may appeal to both novice and experienced traders.

Cons

Lack of regulation, raising concerns about the safety and security of funds.

High minimum deposit requirements, which may deter new traders from participating.

Limited customer support channels, potentially leading to difficulties in resolving issues or obtaining assistance.

MetaFX broker Accounts

MetaFX Account Type

MetaFX offers a variety of trading account types tailored to meet different trading needs and strategies. The available account types include:

Standard Account

Minimum Deposit: $500
Maximum Investment: $4,999
Spreads: Variable
Percentage Return: 120%
Referral Commission: 5%
Fast Withdrawal: Yes

Premium Account

Minimum Deposit: $5,000
Maximum Investment: $19,999
Spreads: Variable
Percentage Return: 130%
Referral Commission: 10%
Fast Withdrawal: Yes

Legend Account

Minimum Deposit: $20,000
Maximum Investment: Unlimited
Spreads: Variable
Percentage Return: 140%
Referral Commission: 15%
Fast Withdrawal: Yes

Additionally, MetaFX provides managed accounts for investors wanting to have their accounts managed by professional traders. The account types under managed accounts include PAMM, MAM, and social trading options.

MetaFX Broker Account Opening Process

To open an account with MetaFX, follow these steps:

Visit the MetaFX Website: Go to the official MetaFX website.
Choose Account Type: Select the type of account you wish to open (Standard, Premium, or Legend).
Register: Fill out the online registration form with your personal information, including your name, email, and contact details.
Verification: Complete the verification process by uploading necessary identification documents.
Deposit Funds: Fund your trading account with the required minimum deposit corresponding to your chosen account type.
Download Trading Platform: Download the MetaTrader 5 platform to start trading.
Log In: Use the account credentials provided to log into the trading platform and begin trading.