MYFX Markets Forex Broker

MYFX MarketsReview SummaryFounded2011Registered Country/RegionNew ZealandRegulationNo regulationMarket Instrumentsforex, index CFDs, commodities, cryptosDemo Account✅LeverageUp to 1:1000Spread0.0 pipTrading PlatformMT4/MT5Minimum Deposit$0Promotions✅Customer SupportContact form, 24/5 customer supportTel: +64 9 889 4022Email: customer.service@myfxmarkets.comAddress: Suite 802, 6 Glen Street, Milsons Point NSW 2061, AustraliaAddress: U801 and U802, 6 Glen street, Milsons Point, NSW 2061, AustraliaAddress: 252 Great North Road, Grey Lynn, Auckland 1021, New ZealandRegional RestrictionsJanpanMYFX Markets Information MYFX Markets is an unregulated broker, offering trading on forex, index CFDs, commodities, and cryptos with leverage up to 1:1000 and spread from 0.0 pip on MT4/MT5 trading platform. The minimum deposit requirement is $0.Pros and ConsPros Cons With demo accountNo regulationMT4/MT5 platformRegional restrictionsLow minimum deposit of $0Promotions offeredIs MYFX Markets Legit? No. MYFX Markets currently have no valid regulations. Please be aware of the risk!What Can I Trade on MYFX Markets? MYFX Markets offers trading on forex, index CFDs, commodities, and cryptos.Tradable Instruments Supported Forex✔Index CFDs✔Commodities✔Cryptos✔ETFs❌Options❌Bonds❌Equities❌Account Type MYFX Markets offers Standard account, Pro account and Micro account. Besides, it also offers demo accounts.Account TypeMinimum DepositMaximum LeverageCurrencyStandard$01:1000USD,JPY,AUD,GBP,EURPro$01:500USD,JPY,AUD,GBP,EURMicro$301:500USDLeverage MYFX Markets offers maximum leverage at 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.MYFX Markets FeesAccount TypeCommissionSpreads Standard$0From 1.0 pipsPro$7 per lotFrom 0.0 pipsMicro$0From 1.0 pips Swap Rates Swap rates at MYFX Markets refer to the interest paid or received for holding positions overnight, varying based on the financial instrument and market conditions, and playing a crucial role in your trading strategy.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT4✔Desktop, mobile, webBeginnersMT5✔Desktop, mobile, webExperienced traderDeposit and Withdrawal The broker does not provide specific information on payment options, deposit and withdrawal details.Promotions There are a plenty of promoting activities available on MYFX Markets' platform. For now, the Summer Cash Frenzy campaign is on, which claims to offer a cashback reward of up to $3,000.