English
MOTFX Forex Broker keeps up-to-date with the latest trading account information, including Swap Free, Zero Spread, Standard, Pro maximum leverage of 1:1000, trading varieties, and more
Rating Index
1.90
Regulation
0.00
License
0.00
Software Index
7.43
Risk Control
0.00
Business
6.08
Pros
Extensive market access with over 2,000 tradable instruments, including forex, commodities, and cryptocurrencies.
Low minimum deposit requirement of $25, making it accessible for new traders.
Offers popular trading platforms such as MetaTrader 5 and cTrader, known for their advanced features and user-friendly interfaces.
Cons
Lack of robust regulatory oversight raises concerns about the broker's reliability and client protection.
High leverage of up to 1:1000 can amplify both profits and losses, posing significant risks, especially for inexperienced traders.
Negative user reviews indicate potential issues with account management and withdrawal processes, suggesting a lack of transparency.
MOTFX broker Accounts
Swap Free
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$100
Minimum Spread
From 2
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$0.00
Products
--
Zero Spread
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$100
Minimum Spread
From 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$9 per side
Products
--
Standard
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$25
Minimum Spread
From 0.8
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$0.00
Products
--
Pro
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$25
Minimum Spread
From 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
$3.50 per side
Products
--
MOTFX Account Type
MOTFX offers three main types of trading accounts to cater to various trader needs:
- Standard Account
- Minimum Deposit: $25
- Maximum Leverage: 1:1000
- Minimum Spread: 0.8 pips
- Commission: $0.00
- Products: FX pairs, commodities, CFDs, indices, futures, shares, cryptos
- Pro Account
- Minimum Deposit: $25
- Maximum Leverage: 1:1000
- Minimum Spread: 0.0 pips
- Commission: $3.50 per side
- Products: FX pairs, commodities, CFDs, indices, futures, shares, cryptos
- Swap-Free Account
- Minimum Deposit: $100
- Maximum Leverage: 1:1000
- Minimum Spread: 2 pips
- Commission: $0.00
- Products: FX pairs, commodities, CFDs, indices, futures, shares, cryptos
- Visit the Website: Go to MOTFX official site.
- Choose Account Type: Select the type of account you wish to open (Standard, Pro, or Swap-Free).
- Fill Out Registration Form: Provide the required personal information, including your name, email, and phone number.
- Submit KYC Documents: Complete any necessary verification steps by uploading required identification documents.
- Deposit Funds: Make an initial deposit (minimum $25 for Standard and Pro accounts, $100 for Swap-Free accounts).
- Start Trading: Once your account is verified and funded, you can begin trading using the available platforms (MetaTrader 5 and cTrader).
These accounts allow traders to choose based on their trading style and preferences, from low spreads to interest-free accounts.
MOTFX Broker Account Opening Process
To open an account with MOTFX, follow these steps:
For further assistance, you can reach their customer support at +976-7222-2200 or email info@motforex.com.
Sources:
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