MasterForex trademark is owned by Beaverhead Financial Inc., registered in Republic of Seychelles on the International Business Companies Act, 1994.
Masterforex works on metatrader 4 thereby ensuring a complete control of your trading account with them, most of the actions are done instantly and quickly, they provide with advanced technical tools, and you have a quick acquisition of latest news in forex; it provides with an integrated e-mail and you can computerize almost all your trading strategies and execute them. Undeniably, the platform is pretty powerful.
Masterforex offers Islamic accounts. Islamic accounts are that they are in strict compliance with Shariah law:
* No interest payment on account balance.
* Swaps are not applicable rather they are charged with a service charge of $5 for every lot that is left overnight unconditional of the currency pair.
The minimum deposits for the account are $1 and the spreads are from 2 pips. Smartphone trading is applicable. There is a 24 x 5 online customer support system. When you open a real account there are attractive bonuses. The leverage is up to 1:500 and they are apt for those that are looking for high leverage brokers and because of this high leverage margin traders might be at risk based on how they are trading and the leverage they are in to. Be prepared to work on an overall scale rather than working on minor margins. You need to be very, very careful if you are working on minute margins with such a high leverage.
The pairs that MasterForex offers are very tight and it is better than 80% of other brokers out there. The demo account for Masterforex is in working condition all the time unlike with other brokers the demo account stops functioning midway. All the WMZ deposits are given 5% bonus. This kind of promotional plan is pretty generous and cool.
The deposit patters of MasterForex are cool and the withdrawal options are also pretty good for anyone to use. They offer affiliate programs for those that are interested in promoting Masterforex as affiliates. The system has a very good affiliate client tracker program where if after visiting your affiliate website your customer is going to the Masterforex site they will be able to identify from which affiliate the lead has been directed. Every client that registers with Masterforex from your affiliation will be intimated about to you.
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