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