Brokers  /  MFX MARKETS

MFX MARKETS

Moderate riskForex / CFD broker
🇦🇺 Australia · 5-10 years · since 2018-01-30 · M CAPITAL MANAGEMENT LIMITED
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Independent ratingshow third parties score this broker
WikiFX1.62/10
Trustpilot/5
Forex Peace Army/5
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No sign that MFX MARKETS actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
38
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Withdrawal complaints in ~100% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1812%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameM CAPITAL MANAGEMENT LIMITED
Headquarters🇦🇺 Australia
Founded2018-01-30
Years operating5-10 years
Employees0
Official websitemfxmarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
MATCH, 234 Railway Parade, WEST LEEDERVILLE WA 6007

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
ASICDerivatives Trading License (STP)000280420Australia

Review analysis AI

MFX MARKETS holds an ASIC licence, which provides a baseline of regulatory protection, but the lack of independent user reviews and the 'guarded' risk score highlight information gaps. Traders should verify the broker's current operational status and account terms before engaging.

Best for
  • Traders seeking ASIC regulation
  • MT4 users looking for a simple platform
  • Australian residents preferring local oversight
Not for
  • Traders needing extensive research tools or education
  • Those looking for social trading or copy trading features
  • Investors wanting a wide range of non-forex instruments
Period:
What users complain about
Where reviewers are from
Hong Kong1

Real user reviews

Where MFX MARKETS operates

Based on its licenses and complaint records.

🇦🇺 Australia Licensed
🇭🇰 Hong Kong 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About MFX MARKETS

About MFX MARKETS

MFX MARKETS is an Australian-based brokerage firm established on 30 January 2018. The company is registered at MATCH, 234 Railway Parade, West Leederville, WA 6007, and operates under an Australian Financial Services Licence (AFSL) issued by the Australian Securities and Investments Commission (ASIC).

As a regulated entity, MFX MARKETS is classified as a derivatives trading licensee (STP) and must comply with ASIC's stringent client money protections and capital adequacy requirements. However, the broker currently has no independent user reviews, making it difficult to assess the actual trading experience.

Regulation and Safety

MFX MARKETS holds a Derivatives Trading License (STP) from ASIC, which is one of the most respected regulatory bodies in the retail forex industry. ASIC regulation imposes strict obligations on licensees, including regular financial reporting, segregation of client funds, and adherence to conduct standards.

Despite this, the broker's ASIC licence status is listed as '—' in our records, which could indicate a gap or pending verification. FXCanary's Scam Risk Score of 38/100 suggests a guarded level of risk, largely due to the lack of publicly available information and user feedback.

Trading Platforms

MFX MARKETS offers the MetaTrader 4 (MT4) platform, a widely adopted trading terminal known for its advanced charting tools, custom indicators, and algorithmic trading capabilities. MT4 is available on desktop, web, and mobile devices, providing traders with flexibility and convenience.

The broker does not currently advertise support for MetaTrader 5 or any proprietary platforms, which may be a limitation for traders seeking more modern features or asset classes beyond forex and CFDs.

Market Instruments

The broker provides access to a diverse range of financial markets, primarily forex and contracts for difference (CFDs). CFDs allow traders to speculate on price movements without owning the underlying asset, covering commodities, indices, and potentially equities.

There is no detailed list of available instruments on public records, but the broker's core offering appears to be centred on retail FX/CFD trading, which carries inherent leverage and risk.

Account Types and Features

Specific account types, minimum deposits, spreads, and commissions are not disclosed in the known facts. As STP (Straight Through Processing) broker, MFX MARKETS likely routes client orders directly to liquidity providers, offering variable spreads and no dealing desk intervention.

Without published details, traders are advised to contact the broker directly or consult the official website for current account offerings and fee structures.

Target Audience

MFX MARKETS appears to target retail traders in Australia and potentially international clients who value ASIC regulation. The use of MT4 and a focus on forex and CFDs suggests it caters to active traders including scalpers and algorithmic traders.

However, the absence of user reviews and limited public information means potential clients should exercise caution and conduct thorough due diligence before committing funds.

Overview compiled by FXCanary from regulatory records and public data. full MFX MARKETS review