Forex broker MasterForex. Overview

masterforex - Forex broker MasterForex. Overview


MasterForex was founded in 2006. The Dealing Center quickly gained momentum due to its favorable conditions, reliability and stability in operation. In 2010, the company was awarded the title of “Best Broker in Russia and the CIS – 2010” by World Finance magazine. Forex broker MasterForex is considered to be the most rapidly developing dealing center, represented at the Asian markets. This fact is supported by the award of the same name from the British magazine Global Banking & Finance Review. MasterForex is currently a member of the CROUFR (Commission for Regulation of Financial Market Members’ Relations).

MasterForex broker offers:

  • Constant and unique innovations – ECN account works with the use of innovative technology that provides high speed of execution, no refusals and correction of transactions at the end of trading.
  • Systematic holding of the most profitable promotions – bonus accruals to clients’ accounts or contests with large prize funds for participants.
  • Constant support and impeccable service. The support department works 24 hours a day. Specialists answer all questions of clients, help in solving problems and conflicts. The service is available in 5 languages.
  • Favorable trading conditions. Clients can work with standard accounts as well as try their hand at training deposits. At the same time, the minimum working deposit can be opened from 1 US dollar. A wide range of trading instruments is available for clients – MF MultiTerminal, MetaTrader 4 and Metatrader 5, spread from two pips, leverage – 1:500.
  • Ingosstrakh insurance of customer assets.
  • Access to all global markets, working with 59 partners around the world, multi-lingual site in 8 languages.

Some shortcomings in MasterForex operation are present:

  • Periodical server failures – sometimes, access to the personal cabinet is unavailable;Broker closes an hour earlier than the trading week;
  • Money deposit/withdrawal is possible only manually;
  • Delayed withdrawal of funds.

These drawbacks are either caused by technical problems or are caused by processes beyond the control of the broker. All of the above problems are known to be technical support and specialists are working to eliminate them. However, Forex broker MasterForex remains a really reliable partner for traders.