MYFX Markets

MYFX Markets (myfxmarkets.com) is an international forex and CFD broker registered in St. Vincent and the Grenadines (SVG)—an offshore jurisdiction with no real financial oversight from major regulators like FCA, ASIC, or CySEC. The broker offers the popular MetaTrader 5 (MT5) platform for desktop, web, and mobile, supporting a wide range of products including forex, indices, commodities, metals, stocks, CFDs, and cryptocurrencies.

MYFX Markets advertises competitive spreads from 1.2 pips, maximum leverage of 1:500, and a minimum deposit of 100 USD. The broker supports various deposit and withdrawal methods such as bank transfers, international cards, e-wallets, and cryptocurrencies (BTC, USDT). However, MYFX Markets is not licensed by any reputable financial authority, and registration in SVG only provides legal status without investor protection or supervision.

International forums and independent reviews warn that MYFX Markets carries very high risk: users report withdrawal difficulties, arbitrary account freezes, poor customer service, and lack of response to complaints. Financial experts advise caution when trading here, especially for new or inexperienced traders.