Established in 2015 and acting as an introducing broker for PriorFX, MTNFX is a new forex broker on the block. Registered in Cyprus, MTNFX is not regulated by any recognized regulatory organization.
Acting as an ECN broker, MTNFX promises straightforward trading environment with fast and smooth execution without desk intervention or price manipulation.
Security of traders’ funds is guaranteed through the segregated accounts. The broker brings extensive variety of financial instruments to choose from in Forex, CFDs and Spot Metals.
Spreads are as low as 0.4 pips on major currency pairs. Below you can view some of the top currency pairs. For complete list of instruments, visit the broker’s official website. Maximum available leverage is up to 1:400.
Registration for a new live account takes no more than 3 minutes and you are ready to login and trade. Below is the comparison and review of the available accounts with MTNFX:
Minimum deposit requirement with MTNFX stands at $200. Payments and withdrawals are processed via Skrill, Neteller, UnionPay, Wire transfer and credit cards.
MTNFX reviews the offered platforms as one of the best online trading experiences. With that being said, the broker brings you the well-known award winning MetaTrader 4 platform, as well as Myfxbook Autotrade (the social trading platform).
MetaTrader 4 – one of the oldest, well-respected and powerful trading platforms with multiple order types, wide range of trading instruments, minimum trading size as low as 1K, variety build-in indicators, advanced charting tools and automated trading via Expert Advisors. The platform is accessible on PC or via mobile devices.
Myfxbook AutoTrade – social trading software with which you can easily follow and copy trading strategies and activity of other traders. The software picks out the best trades for you. You can monitor your performance and even get half pip award by helping others in the community.
MTNFX customer assistance can be obtained via email or phone. There is also Q&A on the website that answers most of the basic questions. Live support is not available at the moment.