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MasterForex Reviews and Comments written by real traders

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  7 Jun 2020
Do not under any circumstances contact MasterForex. What they are doing is outrageous. My account was blocked without explanation! They explained that they have the right to do so. At that time, 167 positions were opened, all were closed forcibly. As a result, minus $ 50. The amount is small, of course, but still it's my money, and as I understand it, no one will return it to me. I am disabled and earning on forex was the only way to somehow make ends meet. I want to thank you for opening my eyes. I worked with them for six months, and as soon as something started to work out, I was immediately sent overboard. I concluded: as long as you drain your deposit, you are a very good client. But as soon as you start earning, you are immediately overboard! Without explaining the reason! Very comfortably.
  23 Dec 2015
I'm trading on a standard account here. Wanna say that the execution of deals is very good - almost no requotes and with minimal spreads. I'm planning to switch over to ECN, which is better to trade on. As for the cashing out, I haven't faced any problems - everything went according to their regulation.
  22 Dec 2015
I haven't faced any problems with this broker as well. My earnings are cashed out in time, and the trading conditions are very good.
  11 Dec 2015
I've been trading on a standard account with this broker for more than a year. Haven't faced any problems at all; spreads are minimal, and their support answers to all my questions without any delay. For those who doesn't believe me, I'm attaching a screenshot of my personal account...
  7 Oct 2015
The trading with MasterForex has become unbearable. The order execution is terrible. It takes several minutes to change an order. So I have ordered the account closure and waiting for the withdrawal of the depo remnants. Have been waiting for more than a week already.
Also heard bad new about this broker from forex forums. But I do not know the truth.
kurnia   27 Oct 2015
  20 Sep 2015
I have had real account for 6 moths and i can say that offer low market spread and fast execution. This broker doesn't get in your way and the service is professional.
  19 Sep 2015
This broker doesn't get in your way and the service is professional. I'm considering getting a professional account there. For now i'm interested in small sums but at high leverage and i'm quite satisfied.
  18 Sep 2015
Some brokers will scam you, MFX is fair and having a account there really pays off. In my opinion good forex broker. Recently I won $500 in their competition.
Their mobile platform doesn't get stuck. Support is available at all times, and I learned a lot from their materials on the website. What's more they offer good conditions of trading.
tde.maj   21 Sep 2015
  9 Sep 2015
I have short experience with that broker and I can't say anything bad. They offer low markets spreads, they have nice bonuses, until now i'am quite satisfied.
  7 Sep 2015
I've made three deposits to my trading account last week. The first deposit has come fast, but the other two are still somewhere on the way. I've perosited because there was a threat of deposit draining. Looks like they are waiting me to get the negative balance on the account. I've sent them a message via the feedback form on their website but it was not clear whether the message was actually sent. They haven't answered either.
  10 Jun 2015
MFX Broker is STP so it is good model for traders
  10 Jun 2015
I have few real accounts e.g. in XTB, Tickmill and HotForex. Since may I trade with MFX too and I see very good executions and low spreads. Especially comparing with XTB
  2 Jun 2015
comparing with fxpro, mfx broker looks great. very nice, market spreads.
  31 May 2015
Since March I trade on micro account. Low deposit to long term positions and everything is ok. I would recommend this broker.
  25 May 2015
Now, I have demo account because few of my friends trader live in MFX. I think this broker is good opportunity for other companies which have problems with their clients.
  19 May 2015
I have real account in MFX Broker (old MasterForex) and everything is ok. On ECN account on EUR/USD I have usually spreads around 0,3 so very good.
  15 May 2015
Hi! In my experience (not too long) I was trading on small account with 200 USD deposit. With small trades I didn't see any wide spreads. Fast executions - this is very good
  8 Oct 2013
Faithful client for over 2 years by now, great quality of service and I am just happy that I chose them, thanks MasterForex!
  13 Aug 2013
I chose Masterforex as they were one of the oldest and most popular Forex Broker in Russia, I must say that I am impressed with the quality of service and that I am very happy with my Scalping strategy, the execution is pretty fast and I appreciate that. Withdrawals are processed at max 2 business days which is just fine.
  21 Jun 2013
Lately I was trading with their cTrader ECN platform, it is very handy and trading is very smooth! Great broker to work with, very good trading conditions and I always hear generous offers from them! Their customer service is just fine.
  12 Jun 2013
MasterForex is great as always! After Liberty Reserve crash, I was worried about my deposited funds which was via Liberty Reserve. Today I was informed by MasterForex that my funds are safe! Just made my day, I had rather big deposit, Thanks big time!
  12 Apr 2013
I have received 50 USD bonus twice now, from their new promotion "50 USD - 10 Lots". It feels so good such bonus when it is completely available for withdrawal. thank you MasterForex!
  8 Apr 2013
Ive been with MasterForex from June 2012, can't complain about anything. fast ECN server, prompt withdrawals and great around the clock support service. I like that they recently launched MFX Academy for beginners to learn basic of trading forex. good job Masteforex
  12 Mar 2013
This is my best broker, I tried to deposit with Liberty Reserve and withdrawal, deposit..., and withdrawal,,,,again and again...NO PROBLEM
  26 Jul 2012
Support are available at all times, and I learned a lot from their materials on their website.
  17 Mar 2011
I've trade 2 years with this company. Masterforex are updating to a new cabinet room, it is to increase safety and easier to manage your account.
Good profit to all!
Well.. it is maybe not perfect yet. but we should wait and be more patient
wish u all good profit :)
  27 Aug 2010
try yourself they are good.
  27 Jul 2010
fast deposit and fast widrawl (less than 5 hour)...because i made a widrawl request everyday...hahahaha...little requotes its normal...office and support is friendly in my country...5 thumbs up...
  26 Mar 2010
Interestingly how much strongly you will love the broker which will give to you 2 pips? Or it is pleasant to you as fxpro ... you?
  26 Mar 2010
i love them but let them change the spread of EUR/GBP is too much 10pips.aside that masterforex is one of the best broker i had traded with.
  17 Nov 2009
whatever comment are received, i want still to stay here,bravo masterforex
  6 Oct 2009
good broker..and so comfort..WD and DEPOSIT
  21 May 2009
I have been working with this broker for 8 months. I enjoy the instant account funding by Webmoney that would be so useful in extreme market conditions to prevent you loose all your money. I have recently withdraw 3000$ and they payed me in 1 day. Smaller withdrawals during this 8 months period usually takes 1-3 days no problems yet.
  10 Mar 2009
i just try them. for deposit was really fast. only 2 minutes. i hope for the withdrawal fast too. i enjoy trade with them.
  28 Feb 2009
masterforex is good broker, try and enjoy with masterforex...I recommend this broker
  12 Feb 2009
My withdrawals are ok. I recommend this broker!
  9 Feb 2009
good broker as i know now, more than 5 times withdrawal and paid although their withdrawal need couple day for process, spread always fixed even on important news event like NFP.
  9 Oct 2008
I have very happy with masterforex, no problem everything running smoothly
  22 Sep 2008
for your information, masterforex is better now. withdrawal process are faster. you can try by yourself
  5 Sep 2008
masterforex launch a new promotion, $100 bonus for trading 10 lot. and the other good news, deposit and withdrawal process faster now!!
  3 Jul 2008
excelent broker with tight spread.. and you can start trade with $1...
  30 Jun 2008
I enjoyed the few weeks i traded masterforex platform. keep the good service up
  10 Jun 2008
get 5$ free but never invest own money. My god it is better to name it MasterOfRequotes ha-ha. Very low customers support and slow execution. There are hundreds of better brokers around guys.
  5 Jun 2008
one of the best dealing centers
  5 Jun 2008
fast deposit and withdrawal, a lot of bonuses. and best of all its metatrader 4 terminal
  5 Jun 2008
Trading with them for 6 month/ They are really paying. Recommending!
  22 May 2008
great broker,, with bonus $5 in beginning... bravo masterforex!!
  21 May 2008
I've traded with them for nearly 3 months and had no problems. Though support is not as fast as wanted!

MasterForex is global international investment company providing its’ services to the traders from all over the world. The broker was established in 2006 as a Malaysia forex broker. The brokers’ operation and services are regulated by IFSC. The Masterforex broker head office is located in Saint-Petersburg, Russia. The company render its’ services to 150000 traders from many countries of the world. Malaysia forex company has representative offices in 12 countries and...

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