MasterForex.com is a name which belies the youthful status of the founding members of the company. Indeed, back in 2006 when a group of young professionals made the move to open their own online FX brokerage, the site was a mere infant compared to what it is today.
With clients in more than 25 countries across the world, including Russia, China, India, and Malaysia, MasterForex grown in both size and stature over the last few years. Having developed a reputation for excellence in the industry, the site was named Best Islamic Broker and Best Micro Broker at World Finance Foreign Exchange Awards in 2013.
MasterForex.com’s Special FX:
From the moment deposit some money into MasterForex you’ll benefit from a 75% match bonus. Thus, if you were to deposit $1,000 you’d receive an extra $750 in equity to trade with on the open FX market. Beyond this opening bonus, a 5% annual interest rate on all accounts is a great way to help ride out the rough times and profit even further when your currency trades are on point.
Regular tournaments on demo accounts give novice traders the chance to win something for nothing. Indeed, promotions such as “The Rodeo” offer a prize fund of $10,000 to the best demo account trader. Taking place from Thursday to Friday, participants in this tournament can win anything from $1,000 to $100 by proving their currency trading prowess.
The final defining feature of MasterForex is their signal service which allows traders to copy the actions of others. For novice investors this is an invaluable tool which will not only give them a chance to profit from the experience of others but hone and refine their own skills.
Micro FX accounts at MasterForex offer standard lots from 0.01 and leverage points ranging from 1:100 to 1:500. Offering up a leverage of 1:500 means smaller traders can benefit from the added trading power but not suffer too much from over exposure thanks to trading lots starting from just 0.01 pips.
For those that prefer to trade directly through the ECN (electronic communication network), MasterForex.com’s dedicated account offers lots from 0.1 pips with a leverage ratio of 1:100.
If you’re a more experienced trader and prefer to implement your own conditions when investing you can take advantage of MasterForex.com’s CFD (contracts for difference) and PAMM accounts. While the former offers lots from 0.1 and leverage of 1:10, the latter gives master traders the ability to take control of their own investment group.