MoneyForex Financial Ltd. is integrated in British Virgin Island (Registration Number 629302) under the provision of the International Business Companies Act, 1984. This forex broker was founded by a group of Wall Street Veterans. Review of this forex broker will emphasize about MoneyForex’s kind of trading, capital, leverage, spread, swap, trading platform, account opening, deposit and withdrawal operation, bank guarantee, customer support, partnership, and trading varieties.

You can choose whether want to trade mini forex and standard forex in this forex broker. You can start trading 0.1 lots in MoneyForex’s mini account. The minimum capital required to start trading in MoneyForex’s mini forex is $250 and $2000 for standard forex. MoneyForex’s website mentions that this forex broker has the high leverage, 1:100. The spread in MoneyForex is quite attractive, start from 3 to 5 pips at the major currency and commission free. You will be charged of swap if you trade in this forex broker overnight. MoneyForex has its own trading platform; it calls MoneyForex Trader Trading Platform. MoneyForex Trader Trading Platform has several benefits that cannot be found in other trading platforms, such as multiple accounts management. There are four kinds of account in this forex broker, individual account, joint account, partnership account, and corporate/institution account. You can apply online when you want to open individual or corporate/institution account. However, in this forex broker, you cannot apply online to open joint and partnership account. You have to apply via fax to open joint and partnership account in this forex broker. In MoneyForex, you can deposit and withdraw via offline and online procedure. You can deposit and withdraw via offline in MoneyForex by using bank wire transfer and credit card. Furthermore, you can deposit and withdraw via online using e-check funding via SafePay, e-gold, e-bullion, GoldMoney, and Pecunix. You don’t have to worry when you have funds in MoneyForex because in this forex broker your funds are held separately with company operating capital in reputable banks.

Money Forex’s customer support is very good. This forex broker’s customer support is available 24 hours a day, and 7 days a week. You can contact MoneyForex’s customer support via telephone, fax and email. Moreover, this forex broker’s customer support provides toll free fax for international customers. MoneyForex also gives the opportunity for those who are willing to have partnership with this forex broker as IB (Internet Broker). For your information, in addition of trading foreign exchange, you also can trade CFD in this forex broker.

Last to say in conclusion, MoneyForex is very good in consider of this forex broker’s ability to trade mini forex, customer support, ability to make deposit and withdrawal online, and safety fund. Feel free to leave a comment here and also rate MoneyForex based on your own experience.