Founded in 2015, MyFX Markets is a Forex and CFD broker owned by MyFx Markets Pty Ltd. Their office is located at Level 2, Raffles Tower Cybercity, Ebene, Republic of Mauritius.
The support phone number is +64 9 889 4022 / +61 2 8006 8299 and their support email is firstname.lastname@example.org
- Not regulated by any authority
- Lot of complaints on the internet
- Poor support service
MyFX Markets Platform
They offers about 250 assets in all categories of Currency, Commodities, Shares, Market Indexes and CFD’s to their traders. You have the possibility of trading with MetaTrader 4 and their own Web Platform.
The minimum deposit is $500 for standard account.
Their platform is available for iOS & Android mobile apps.
MyFX Markets Regulation
What we look for when checking Forex brokers to determine if they are legit or scam is very simple. Are they licensed by a serious regulation body such as the Cyprus Securities and Exchange Commission (CySEC) ?
After a full check of MyFX Markets in March 2017, we can confirm that they are not licensed or regulated by any authority .
As an unregulated brokers, MyFX Markets are not required to abide by any rules that would provide traders with security and peace of mind. Also, it appears that their website is somewhat incomplete and lacks some information.
When you pick a Forex broker it is always important to check their regulation status in order to find a valid licence. Otherwise, you better stay away from it.
ScamForex experts are committed to providing you with the best trading advises. If you are looking for a safe and regulated brokers, ScamForex recommends that you try one of our top brokers below.