Master Forex Broker Review
We have conducted a six month survey of people who use or have used Masterforex.org as their forex broker. From the survey of over 500 people, we rated all comments and suggestions on a five star basis. A five star rating is equal to 80% or more positive feedback of subject. A four star rating is equal 60% or more positive feedback of subject.
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Customer Service: ♦♦♦♦
MasterForex scored very well in this area. Having to wait for a Forex Broker is a very irritating ordeal, but Master Forex excels in giving their customers the best service in the forex market today.
Currency Pair Spreads: ♦♦♦♦♦
As we conducted our survey, we did not realize how tight the spreads at MasterForex are. The pair spreads they offer are just as good, if not better then 90% of the Forex Brokers.
Speed Of Trade Execution: ♦♦♦♦♦
All of you know how important the speed of a forex trading platform must be to compete. The feedback on their version of the Masterforex metatrader4 platform was outstanding.
Quality Of Demo Account: ♦♦♦♦♦
New trader often use a demo account to get a good feeling of the broker trading platform. The Master Forex Demo account is updated on a daily basis to make sure their demo servers are running properly all the time. We were amazed how disappointed some clients were of other broker demo accounts.
Promotions: ♦♦♦♦
You are a newbie? Do you want to make money from learning?
Or a professional trader? Show others you skills and get a prize!
Since September on continuing basis we start weekly contests for traders on DEMO accounts. Play with your fortune without any risk!
You can easily receive a bonus of $100 deposit, if the total amount of your closed transactions makes 10 lots or more within one calendar month.
Forex Account Types: ♦♦♦♦ Masterforex provides comfortable account types to choose from. You can choose from a dollar or cent trading account. This will allow the new forex trader to start trading in pennies until they get sure of the forex market.
MasterForex Registration: ♦♦♦♦
Safety of your funds is most important and MF scored well again.
The owner of MasterForex trademark is the company Beaverhead Financial Inc., registered in the Repupblic of Seychelles on the basis of the International Business Companies Act, 1994 (Act 24 of 1994).
The company registration number is 028996. Legal address: 306 Victoria House, Victoria, Mahe, Seychells.The Masterforex trade mark is registered in the U.S. Patent and Trademark Office with number 78/886380. You can also check out the original MasterForex Certificate of Incorporation.
Deposit & Withdrawals Options: ♦♦♦♦♦
It is always nice to have good selection of deposit and withdrawal options at your forex broker, and Master Forex once again delivers the goods with many options to fund and withdraw from your trading account. We have just been informed that Masterforex.org will be using PayPal for deposits and withdrawals !
Trading Leverage: ♦♦♦♦♦
Forex trading leverage as you well know is a cutting edge sword and should be used very wisely. If you are looking for a high leverage broker, then your search has ended. Master Forex has broken down all the barriers with leverage up to 1:500. (be careful)
Instant Execution: ♦♦♦♦♦
Instant execution service, provided by MasterForex, allows you to perform transactions without asking the dealing center about quotes. Using the instant execution you can see the quotes in real time in the New order window. Whenever you see suitable quotes offered by the dealing center, you can open a SELL or BUY position simply by pressing Sell or Buy buttons. This way the traders can always see the two-way quotes and initiate transactions at any time.
Islamic Account: ♦♦♦♦
Forex Islamic accounts are also called the swap-free forex accounts, because within this kind of accounts no swap or roll over interest will be charged or incurred to positions that were held overnight. Islamic forex accounts are intended especially to Muslims as swaps go against their religious beliefs. Instead of swap this account will feature a fixed small fee per standard lot, which is charged daily for positions that are held overnight. Islamic accounts give their owners an opportunity to hold their positions for an unlimited amount of time.
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