MasterForex Review
Note: MasterForex has closed and is no longer operating. We recommend clients explore other quality brokerage options available on our site. You can view our other quality broker listings here.
Typical Spread on Majors
| EUR/USD | 2 |
| GBP/USD | 3 |
| USD/JPY | 2 |
- Company Info
| Headquarters | Belize City, Belize |
| Type of Broker | Market Maker & ECN/STP |
| Founded | 2006 |
| Regulated By | Regulated By IFSC (Belize) |
| Offices In | Belize, Russia |
| Supported Languages | English, Russian, Indonesian, Chinese, Malaysian, Spanish, Arabic |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | USD, EUR, GBP, CHF, IDR, RUB |
| Minimum Deposit | $0 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | Yes |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Muslim Faith Only |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | 1.8 Units Base Currency per Lot per side (ECN MT4 and ECN MT5 Accounts) |
| VIP Accounts Offered | No |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | No |
| Mobile Trading | Yes |
| Web Based Trading | No |
| Funding Methods | Credit/Debit Cards, Wire Transfer, WebMoney, RBKMoney, DixiPay, OkPay, Yandex.Money, LiqPay, QIWI, EgoPay, fasapay, China UnionPay, Western Union, MoneyGram |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, WebMoney, RBKMoney, DixiPay, OkPay, Yandex.Money, LiqPay, QIWI, EgoPay, fasapay, China UnionPay, Western Union, MoneyGram |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Mac, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader 4 iOS, MetaTrader 5 |
| NO of Pairs | 50 |
| Pricing Digits | 4 and 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | Yes |
| Trading Server Time | GMT + 2 |
| VPS Offered | No |
- Trading Details
| Dealing Desk | Yes |
| Maximum Leverage | 500:1 |
| Minimum Contract Size | 0.01 |
| Execution | Instant Execution (Standard, 5Digit and Micro Accounts), Market Execution (ECN MT4 and ECN MT5 Accounts) |
| Hedging | Yes |
| Scalping | Yes |
| Option of OCO | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
MasterForex Reviews
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