Forex Broker Masterforex

What we like with: The platform is very clear and you can start trading even with a minimum deposit of 1 (!!) Dollar. But if you are an experienced trader you will know that forex trading only becomes exiting in higher dimensions. Masterforex offers a leverage of 1:500 which means that you can trade 500 times your deposit. If you deposit $100, you can move $50.000 on the forex market which is already quite a lot. Your trading account with Masterforex, which is one of the biggest forex brokers in the world, is only in Dollars or Dollar Cents. When opening your trading account you can choose if you would like to open a cent or a dollar account. With a spread of only 2 pips and 28 tradeable currency pairs Masterforex provide their traders with excellent trading conditions. Furthermore this online broker convices with a very transparent listing of all expenditures and fees.

Getting started with Masterforex

You can deposit your money quite easy and quickly via credit card, wire transfer or PayPal. If you encounter any problems there is always a friendly support at hand – be it via phone, email or chat. Masterforex uses the popular trading software MT4 (Metatrader 4), which can be downloaded for free and runs under Windows. As with eToro, Masterforex encourage their traders to become better with a trader’s challenge. The best forex trader of the week is mentioned on the platform. There are always funny trading competitions where you can win attractive money prizes.

Lot sizes with Masterforex

Lot sizes with Masterforex are impressively flexible. You can tailor your trades to exactly 100 Dollars. This is why you can trade even smaller packages –a great advantage compared to other Forex Brokers as thus the losses can be limited quite easily.

Advantages of Masterforex

Next to an unbeatable low first time deposit of only 1 Dollar there is a demo account which you can use until you are fit for trading with real money. Next to that there is a special muslim account where you trade forex in accordance with the Koran. The trader’s challenges and tournaments are very spurring and funny and incite traders to give their very best.

Mobile trading with Masterforex

Masterforex provide their own mobile trading solution: MF Trader 4 Mobile runs under Windows CE mobile and covers all of the normal trading options. There is another trading solution for smartphone owners, called MF 4 Smartphone with which you trade all currencies and commodities as well. System requirement is Windows mobile for Smartphone.
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Masterforex at a glance

MT4-Broker
Regulation	-
Min. deposit	1 $
Leverage	1:500
Margin	0,2 %
Spread EUR/USD	2 pips
Commodities	Gold, Silber
Currency Pairs	28
min. Lot	10.000
Webtrader	nein
Software	MT4 /MT5
Demo account	ja

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