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 (more…)