Company profile
Mur Fx Markets LimitedFounded2019Registered Country/RegionIndiaRegulationNo regulationMarket InstrumentsForex, Commodities, IndicesAccount TypeRaw account, real 1.0, real 2.0Demo Account✔LeverageUp to 1:500Spread0.2-2.5pipsDeposit & WithdrawalSkrill, NEETER, tetherTrading PlatformMT5 platformMinimum Deposit$100Customer SupportPhone: +230 5973 1371,+91 9537782931Email:support@murfxmarkets.comPhysical address : Shop No. F S1 S2/23, Second floor, Surya PlazaComplex, Near Santosh Crossing, Rajpipla, Dist-Narmada, Gujarat - 393145, IndiaEducational ResourceEconomic calendar, PIP calendarMur Fx Markets Limited Information Mur Fx Markets Limited, founded in 2019, is a brokerage registered in India. The trading instruments it provides cover Forex, Commodities and Indices. 3 accounts for traders and MT5 support. But it is currently unregulated and lacks security.Pros and ConsPros Cons Diversified trading productsNo regulationLow Spreads and CommissionsAdvanced Trading Platform3 types of accountsDemo Account AvailableMultiple Deposit and Withdrawal OptionsIs Mur Fx Markets Limited Legit? It is clear that Mur Fx Markets Limited, which was registered in 2019 and is currently unregulated, is insecure.What Can I Trade on Mur Fx Markets Limited? Mur Fx Markets Limited offers traders three market instruments-Forex, Commodities, Indices.Tradable InstrumentsSupported Forex✔Indices✔Commodities✔Stocks❌ETFs❌Bonds❌Account Types Mur Fx Markets Limited offers a total of 3 different types of accounts to traders-Raw account, real 1.0 and real 2.0 account. And it offers demo accounts.Account TypesRawReal 1.0Real 2.0Leverage 1:5001:5001:500Spread from0.21.52.5Min. Deposit$5000$100$100Commission$700SWAPS NoNoNoPlatform MT5MT5MT5Mur Fx Markets Limited Fees 3 accounts are different in spread and commission. Raw account's spread is the lowest, starting with 0.2pips, but it charges $7 for every transaction. The other two accounts all charge no commission. And these 3 accounts have no SWAPS fee.Account TypesRawReal 1.0Real 2.0Spread from0.2pips1.5pips2.5pipsCommission$700SWAPSNoNoNoMur Fx Markets Limited Platform Mur Fx Markets Limited's trading platform is MT5 Margin WebTrader, which supports traders on PC, Mac, iPhone and Android.Trading PlatformSupported Available Devices Suitable for MT5 Margin WebTrader✔Web, MobileProficientMT4❌Deposit and Withdrawal The broker supports three payment methods: Skrill, NEETER, tether. In addition, its minimum deposit requirement is $100.Withdrawal DepositmethodFees Processing TimeFees Processing TimeDebit cards and credit cards3%,International Transaction Fees 2.20%,Card not present Transaction Fees 0.02%In two business days before 11am UK time on any business day3%,International Transaction Fees 2.20%,Card not present Transaction Fees 0.02%1 to 2 daysBank transfersNot mentionedIn two business days before 11am UK time on any business dayNot mentioned1 to 5 working days
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Indonesia
I have been using demo trading on this platform for two months, and the spreads were not as low as they advertised. I traded forex and indices most, and spreads can become as high as 200 pips sometimes, which stopped my further action.
Positive
2023-03-03