MyFX Markets is an Online Forex, CFD and Cryptocurrency broker founded in 2013.
With the broker, you can invest in:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
along with Forex pairs, Indices, Commodities and Metals on MT4 trading platform.
The maximum leverage for Cryptocurrency pairs is 1:5 (Margin Requirement is 20%).
NBP ‘Negative Balance Protection’ is supported.
You can start trading from $200 of minimum deposit.
What is Myfx Markets?
MyFX Markets is an online brokerage firm that provides various financial services, including cryptocurrency trading. They allow users to trade a wide range of cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin, among others, against the US dollar or other fiat currencies. Moreover, traders can also exchange cryptocurrencies against other digital assets.
MyFX Markets offers its clients multiple trading platforms, including MetaTrader 4 and MetaTrader 5, which are widely used among traders. These platforms are available on both desktop and mobile devices, making it convenient for traders to execute trades wherever they are.
In terms of security, MyFX Markets implements several measures to protect users’ funds and personal information, such as SSL encryption, two-factor authentication, and segregated client accounts.
For customer support, MyFX Markets offers assistance 24/5 via phone, email, and live chat. They also have an FAQ section on their website to provide answers to common questions.
Additionally, MyFX Markets offers educational resources to help traders learn about cryptocurrency trading and other financial markets. They also provide market analysis and news to keep traders updated on the latest developments in the cryptocurrency market.
Overall, MyFX Markets is a comprehensive brokerage firm that offers cryptocurrency trading and other financial services while prioritizing security and customer support.
How to start trading Crypto CFDs on Myfx Markets?
Traders can participate in the exciting world of cryptocurrency trading through MYFX Markets, which offers five crypto assets on the MT4 platform with up to 5 times leverage, and the global nature of cryptocurrencies means that their prices are determined by market forces rather than political or economic environments, making them popular for diversifying portfolios and hedging risks, although traders should keep in mind the significant risks and potential for losses.
|Cryptocurrency||Contract Size||Leverage||Open Time||Minimum Trade Size||Maximum Trade Size|
|BITCOIN||1BTC||1:5||00:05 – 23:59||0.01||10 LOTS|
|BITCOIN-CASH||10BCH||1:5||00:05 – 23:59||0.01||10 LOTS|
|LITECOIN||100LTC||1:5||00:05 – 23:59||0.01||10 LOTS|
|ETHEREUM||10ETH||1:5||00:05 – 23:59||0.01||10 LOTS|
|RIPPLE||10,000XRP||1:5||00:05 – 23:59||0.01||10 LOTS|