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No Regulation
Score
1.23 /10
Danger
Master Door FX
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index4.85
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-22
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Master Door FXReview Summary | |
| Founded | 2022 |
| Registered Country/Region | United States |
| Regulation | Unregulated |
| Market Instruments | Forex, Raw Materials, Indices, Cryptocurrencies |
| Demo Account | Not Mentioned |
| Leverage | Up to 1: 100 |
| Spread | Standard: From 3.2 pips |
| Premium: From 0.8 pips | |
| Premium ECN: From 0.9 pips | |
| Trading Platform | cTrader |
| Min Deposit | Not Mentioned |
| Customer Support | Contact Form |
| Email: support@masterdoorfx.com | |
| Company Address: Melbournes GPO 350 Bourke St. 411 University St, Seattle, USA | |
Master Door FX is an unregulated online trading platform based in the United States. With leverage up to 1:100, Master Door FX offers market instruments including Forex, Raw Materials, Indices, and Cryptocurrencies. On top of that, Master Door FX provides clients with three types of trading accounts.
Pros and Cons
| Pros | Cons |
| Multiple account types | Lack of regulation |
| Flexible spreads | Unclear minimum deposit requirements |
Is Master Door FX Legit?
Master Door FX is currently not regulated by any authorities, thus operating trading on this platform can be dangerous.
What Can I Trade in Master Door FX?
| Trading Asset | Available |
| forex | ✔ |
| raw materials | ✔ |
| commodities | ❌ |
| indices | ✔ |
| energies | ❌ |
| stocks /shares | ❌ |
| cryptocurrencies | ✔ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Types (Leverage/Spread)
| Feature | Standard | Premium | Premium ECN |
| Leverage | Up to 1:100 | ||
| Spread | From 3.2 pips | From 0.8 pips | From 0.9 pips |
| Margin Call and Stop Out | ✔ | ✔ | ✔ |
| Expert Advisor | ✔ | ✔ | ✔ |
| Trailing Stop | ✔ | ✔ | ✔ |
| Daily Reports | ✔ | ✔ | ✔ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| cTrader | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ❌ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | Desktop, Mobile, Web | Beginners |
| Trading View | ❌ | Desktop, Mobile, Web | Beginners |
Customer Service
| Contact Options | Details |
| Support Time | 24/5 |
| support@masterdoorfx.com | |
| Contact Form | ✔ |
| Supported Language | English, Spanish |
| Website Language | English, Spanish |
| Physical Address | Melbournes GPO 350 Bourke St. 411 University St, Seattle, USA |
The Bottom Line
Master Door FX offers three types of trading accounts which may seem favorable, but its unclear minimum deposit requirement and regulatory oversight make it risky to operate trading on this platform.
FAQs
Is Master Door FX legit?
No. Master Door FX is not a regulated platform.
Is it safe to trade on Master Door FX?
No. Trading on an unregulated platform isn't safe.
Is Master Door FX good for beginners?
No.
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