WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

MFX-Trading

Cyprus|2-5 years|
Suspicious Scope of Business|High potential risk|

https://mfx.az/az

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Azerbaijan 2.54

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+994 12 599 66 93
https://mfx.az/az
https://www.facebook.com/MFX-Investment-Company-111641497426170
https://www.linkedin.com/company/mfx-trading-inves

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

Contact number

English

+994 12 599 66 93

English

+994 77 223 07 00

Other ways of contact

Broker Information

More

Company Name

MFX-Trading

Abbreviation

MFX-Trading

Platform registered country and region

Cyprus

Company website
Facebook
Instagram
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-09-08
  • 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

MFX-Trading · WikiFX Survey

Users who viewed MFX-Trading also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FP Markets

8.88
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FBS

8.76
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

STARTRADER

8.62
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

MFX-Trading · Company Summary

AspectInformation
Company NameMFX-Trading
Registered Country/AreaCyprus
Founded Year2-5 years
RegulationUnregulated
Tradable AssetsForex, Metal, CFD, Oil
Account TypesMini, Standard, Professional
Minimum Deposite$300
Trading PlatformMT5
ServicesBrokerage services, Underwriting services, Investment research and consulting services, Portfolio management, Settlements and paymentrules for services,Securities and Bonds'
Customer SupportPhone:+994 12 599 66 93,+994 77 223 07 00Email:info@mfx.az

MFX-Trading Information

Founded within the previous two to five years and situated in Cyprus, MFX-Trading provides a wide spectrum of financial services including underwriting, investment research, portfolio management, settlement processing. Accessible through the MT5 trading platform, the company offers several tradable assets including Forex, metals, CFDs, and oil.

It draws varying degrees of traders using Mini to Professional account structures. Strong customer service is provided by phone and email. Its uncontrolled position, which would worry traders seeking more security and regulatory control in their trading activities, could be a disadvantage, too.

MFX-Trading Information

Regulation Status

MFX-Trading is an unregulated broker since it runs without government supervision. The lack of legislative protection calls potential investors great caution.

Regulation Status

Pros and Cons

You can trade forex, metals, and other financial products in MFX-Trading. The website has a diverse accounts from Mini to Professional. Running on the reputable MT5 platform, it promises access to sophisticated trading tools. MFX-Trading appeals to a broad spectrum of investors since it offers many various approaches for expenditure of their money.

MFX trading's lack of regulation is the main issue since it can turn off consumers seeking the security offered by controlled marketplaces. Furthermore, unclear is the arrangement of charges, which could cause customers to pay for expenses not anticipated. Ignorance of expenses could make it more difficult for customers to allocate their money and follow their budgets.

ProsCons
Wide range of trading products(Forex,Metals and others)Unregulated platform
Diverse AccountsUnvertain Fee Structure
Famous trading platform(MT5)
Multiple Investment Services

Market Instruments

MFX-Trading gives its customers broad access to a wide range of market instruments covering many categories:

Customers have chances to engage in trading several worldwide currencies, including major, minor, and exotic pairs, so active in the forex market.

Market Instruments

The website sometimes offers used choices for hedging strategies, including precious metals like gold and silver.

Market Instruments

Contract for Difference, or CFD, trading lets traders bet on the price swings of many assets, including stocks, without really owning them.

Market Instruments

MFX-Trading presents profitable trading energy by include oil, a highly volatile and liquid commodity.

Market Instruments

Services

MFX-Trading offers a wide spectrum of financial services meant to meet different investor needs:

Brokerage Services: Authorizing customer purchases and sales of financial instruments including bonds, stocks, and other securities on behalf of them.

Services

Providing assistance in the issuing of new securities, therefore supporting businesses and governments in their money raising via market introductions.

Services

MFX-Trading Offering specific analysis and advice on investment opportunities.They come up investment research and consulting services help to support customers.

Services

Also,MFX-Trading offers monitoring investment portfolios for clients. Their particular risk tolerance and financial goals helps to manage portfolios.

Services

Managing the last handling of transactions and ensuring the flawless transfer of securities and money will help to define settlements and payment policies for services.

Services

They offer trading chances for a variety of stocks and bonds so that clients may distribute their money over several assets and properly manage risk.

Services

Account Types

MFX Trading Investment Company offers three trading accounts for different levels of competence and investment:

The Mini Account, for beginners with $300 to $10,000 deposits, has 1:50 leverage. Its margin call and stopout levels are 100% and 20%. This account offers fantastic opportunities for new traders to enter the market at minimal risk.

For intermediate traders, the Standard Account has a maximum leverage of 1:50.000 and a $10,000–$50,000 deposit. It has a 20% stopout limit and 100% margin call. Like the Mini Account , this account is ideal for traders who want to participate more in financial markets.

The Professional Account suits institutional clients and experienced traders with a $50,000 minimum deposit and 1:100 leverage. It has similar margin call and stopout ratios as other accounts. This book helps experienced traders maximize their high-stakes trading plans.

Account Types

Trading Platform

Used by MFX Trading, MetaTrader 5 (MT5) is a powerful instrument for trading currencies, CFDs, and precious metals. More periods, better research, and more signals than in its predecessor define MT5.

The MQL5 programming language allows advanced algorithmic trading as well as a linked economic calendar. MFX offers a mobile interface for traders on the move handling their accounts and trading anywhere with internet.

Trading Platform

Customer Support

MFX-Trading makes several communication approaches to offer complete client service. Main contact lines are +994 12 599 and +994 77 223; WhatsApp support is +994 50 789.

The company provides general inquiry email support at info@mfx.az, technical support at support@mfx.az, and searches linked to finances at accounting@mfx.az.

Customer Support

Conclusion

Based in Azerbaijan, MFX-Trading provides Forex, metals, CFDs, and oil trading using the modern MetaTrader 5 platform together with a wide spectrum of financial instruments and services.

MFX-Trading fits both personal and institutional customers with its strategic location in Baku and thorough client service system.

Though potential traders should be aware of its unregulated position, the company stresses accessibility with several communication channels and a promise to strong client service.

FAQs

  1. MFX-Trading provides what kind of accounts?

Mini, Standard, and Professional accounts available from MFX-Trading each have varying deposit restrictions and leverage choices.

  1. How may I get MFX-Trading to help?

For general, technical, or financial inquiries, phone MFX-Trading at +994 12 599 66; +994 77 223 07; WhatsApp at +994 50 789; or email.

  1. MFX-Trading uses which trading platform?

MFX-Trading trade and analysis using the MetaTrader 5 (MT5) platform.

Risk Warning

You will run a great risk losing all the money you spent online buying. This platform is not suited for all traders or purchasers. Please be sure you keep in mind the material in this evaluation.

Review 2

2 Comments
Write a comment
All(2) Latest Positive(1) Neutral(1)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com