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MYFX Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-11-19 15:10

Abstract:MYFX Markets is an online broker, offering trading on forex, index CFDs, commodities, and cryptos with leverage up to 1:1000 and spread from 0.0 pips on the MT4 and MT5 trading platforms. There is no minimum deposit requirement.

MYFX Markets Review Summary
Founded2011
Registered Country/RegionNew Zealand
RegulationSeychelles Financial Services Authority (FSA)
Market InstrumentsForex, index CFDs, commodities, cryptos
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 1.0 pips (Standard account)
Trading PlatformMT4, MT5
Minimum Deposit$0
Customer Support24/5 support, contact form
Tel: +64 9 889 4022
Email: customer.service@myfxmarkets.com
Regional RestrictionJapan
AddressIMAD Complex, Office 6, 1st Floor, Ile Du Port, Mahé, Seychelles

MYFX Markets Information

  MyFX Markets Review highlights that MYFX Markets is an online broker offering trading on forex, index CFDs, commodities, and cryptos with leverage up to 1:1000 and spreads from 0.0 pips on the MT4 and MT5 trading platforms. Notably, there is no minimum deposit requirement, making it accessible for traders of all levels.

MYFX Markets Information

Pros and Cons

Pros Cons
Various trading marketsRegional restrictions
Demo accounts
Multiple account types
MT4 and MT5 platforms
No minimum deposit

Is MYFX Markets Legit?

  Yes. MYFX Markets is regulated by the Seychelles Financial Services Authority (FSA), operating under an offshore regulatory status with a Retail Forex License (No. SD202) in Seychelles.

Is MYFX Markets Legit?

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✔
Stocks❌
Bonds❌
Options❌
ETFs❌

Account Type

  MYFX Markets offers Standard account, Pro account and Micro account. Besides, it also offers demo accounts.

Account TypeAccepted CurrenciesMinimum Deposit
StandardUSD, JPY, AUD, GBP, EUR$0
Pro
MicroUSD$30
Account Type

Leverage

  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.

Account TypeMaximum Leverage
Standard1:1000
Pro1:500
Micro

MYFX Markets Fees Review

Account TypeSpreadCommission
StandardFrom 1.0 pips$0
ProFrom 0.0 pips$7/lot
MicroFrom 1.0 pips$0

  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.

Swap Rates

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, mobile, webBeginners
MT5✔Desktop, mobile, webExperienced traders
Trading Platform

Related broker

Offshore Regulated
MYFX Markets
Company name:MYFX Group Limited
Score
2.35
Website:https://www.myfxmarkets.com
5-10 years | Regulated in Seychelles | Derivatives Trading License (EP) | MT5 Full License
Score
2.35

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