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MYFX Markets Complete Guide | MoneyCharger

a 0.0 pipspread and0.03-secondMYFX Markets offers

Overseas FX brokers that use Equinix servers and officially endorse scalping EAs

MYFX Markets
0.0 pips Pro Account
0.03 seconds execution speed
of 1,000x Maximum leverage

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WHY MYFX MARKETS?

WhyMYFX Marketscontinues
to be the preferred choice

Pro account with 0.0 pips and an average execution speed of 0.03 seconds: a fast and low-cost environment

REASON 01

Pro account with 0.0 pips and an average execution speed of 0.03 seconds: a fast and low-cost environment

MYFX Markets' Pro account offers spreads starting from 0.0 pips and trading fees of 3.325 USD/lot (one way). Utilizing Equinix data centers (in Japan and the US), it achieves an average execution speed of 0.03 seconds. Optimized for scalping and EA (Expert Advisor) trading, it offers a top-class trading environment that balances cost management with high-speed execution, earning high praise from short-term traders and scalpers

0.0 pips Pro account, 0.03 seconds Equinix server, fast execution.
Scalping and EA-approved trading with flexible rules including hedging

REASON 02

Scalping and EA-approved trading with flexible rules including hedging

MYFX Markets is a rare overseas forex broker that officially and fully permits scalping, EAs (automated trading), and hedging within the same account. While many brokers implicitly impose restrictions on scalping and EAs, MYFX Markets allows you to execute your strategies with peace of mind thanks to its clearly defined trading rules. There are also few reports of order rejections and slippage, earning the trust of system traders and short-term traders

Scalping-certified EA, certified hedging OK , STP/ECN automated trading
Comprehensive Japanese support available via phone, chat, and LINE × High swap rate

REASON 03

Comprehensive Japanese support available via phone, chat, and LINE × High swap rate

MYFX Markets offers Japanese language support through four channels: phone, live chat, email, and LINE. Such comprehensive support is rare among overseas forex brokers. Furthermore, multiple customer reviews praise its swap points as being higher than competitors, making it advantageous for carry traders. Overall, it's a broker that's "reliable and long-term," enjoying broad support from beginners to advanced traders

Japanese language support, LINE support, phone support, high swap rate, established in 2013.

ABOUT

What is MYFX Markets?A complete guide to its basic information.

Account type

Standard Account
A balanced account (STP method) suitable for beginners to intermediate traders, offering commission-free trading and leverage up to 1,000x, making it easy to get started
  • Leverageof 1,000x (500x for effective margin exceeding 700,000 yen)
  • Spread1.0 pips ~
  • feesNo
  • minimum deposit limitNo
ProDrive
An intermediate to advanced account (ECN system) optimized for scalping and EA trading, offering the industry's narrowest spreads starting from 0.0 pips, with a commission-based system
  • leverage500x
  • Spread0.0 pips ~
  • Commission: 3.325 USD/lot (one way)
  • minimum deposit limitNo
Micro account
A trial account exclusively for MT4, supporting ultra-small trades of 1 lot = 1,000 currency units
  • leverage500x
  • Spread1.0 pips ~
  • feesNo
  • Minimum deposit amountfrom 30 USD
▶︎ View details of cashback for each account type

Company Profile

Operating company:MYFX Group Limited (formerly Axis Inc.)
Establishedin 2013
Head office location:IMAD Complex, Office 6, 1st Floor, Ile Du Port, Mahe, Seychelles
Official websitemyfxmarkets.com ↗

Transaction specifications

Maximum leverage:1,000x (Standard - effective margin less than 700,000 yen) / 500x (Pro - Micro account)
Products handled : Forex,precious metals, energy, stock index CFDs,cryptocurrency CFDs
currency pair47
Trading tools:MT4 / MT5
Zero cutadopted
Japanese language supportis available (phone, live chat, email, LINE).
🛡️ Financial License
Obtained from two financial authorities
🇸🇨
FSA (Financial Services Authority of Seychelles)
SD202
🇰🇲
Comoros Union Offshore Financial Services Authority (Moheli)
L15835/MYFX

EVALUATION

Strengths and weaknesses of MYFX Markets

✅ Strengths

  • The spreads on the Pro account are extremely narrow, starting from 0.0 pips
    MYFX Markets' Pro account offers trading with a minimum spread of 0.0 pips, and even with a commission of 3.325 USD/lot (one way), it remains among the narrowest spreads offered by overseas forex brokers. This is advantageous for cost management in scalping and short-term trading
  • Equinix servers achieve an average execution speed of 0.03 seconds
    We have partnered with Equinix's data centers (in Japan and the US) to achieve an average execution speed of 0.03 seconds. We use STP/ECN order placement, resulting in fewer reports of slippage and order rejection
  • Scalping EAs are officially recognized
    There are no restrictions on scalping and the use of EAs (Expert Advisors/automated trading systems), and they are officially permitted. Hedging within the same account is also allowed
  • Swap points are among the highest levels for overseas forex brokers
    Customer reviews indicate that the swap points are higher compared to other overseas forex brokers. It's a good option to consider when engaging in carry trades aimed at swap points
  • Japanese language support is available via phone, chat, and LINE
    Japanese language support is available via phone, live chat, email, and LINE, and is available during a wide range of hours: 8:30 AM to 8:00 PM on weekdays during daylight saving time, and 7:30 AM to 7:00 PM during standard time

⚠️ Points to note

  • The spread and fee structure differs depending on the account type, so comparison is necessary
    Standard accounts have no commissions and spreads starting from 1.0 pips, Pro accounts have commissions and spreads starting from 0.0 pips, and Micro accounts are for trading in units of 1,000 currency units. Each account has different conditions. You should compare them in advance to see which one suits your trading style
  • The company handles approximately 69 different brands, focusing primarily on major products
    With approximately 69 instruments in total, including FX, precious metals, energy, stock index CFDs, and cryptocurrency CFDs, the product lineup is limited to major products. Those who want to trade a wide range of currencies, including minor currencies and individual stock CFDs will have limited options
  • With an effective margin exceeding 700,000 yen, the maximum leverage is limited to 500 times
    The maximum leverage of 1,000x for Standard accounts applies when the effective margin is less than 700,000 yen; it automatically drops to 500x when it exceeds 700,000 yen. Note that bonus balances are also included in the effective margin
  • The funds are managed under separate accounts
    Customer funds are managed under segregated accounts. Since it is not a trust-based system, it is recommended to check the fund management method before using the service

comprehensive evaluation

Recommended for: Scalpers who prioritize spreads and execution speed, EA users, and intermediate to advanced traders who want to keep costs down and engage in short-term trading.

Another broker might be better: This broker is not ideal for those who want to start simply with one account type, or for those who want to trade a wide range of securities with a single company.

COMPARISON

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Register directly from the official website vs.
Register from this page

item Register directly from the official website.from the official website
Register directly
MCIf you register from this page...from this page
If you register
Cashback
noneWe
'll pass on the transaction costs to you!
based on your transactions
Rewards are given
Registration processfollowing the instructions on the registrationpage.
by
Register
It's the same amount of effort, but
with cashback!
Terms of Transactionsamesame
The registration process and transaction conditions are the same.
Yet,simply by registering through this page, you'll receive tens of thousands of yen in cashback every month.
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REVIEWS

MYFX Markets reputation and reviews

2024-05-22 FX experience: 3 years

★★★★☆

I withdrew the profits to bitwallet, and the funds arrived approximately one day after the request

Source: X (formerly Twitter)

2025-04-07 FX experience: 1 year

★★★★☆

I started with the opening bonus and managed to reach 100,000 yen

Source: X (formerly Twitter)

2024-10-27 High-Leverage Trader

★★★★☆

Even with high leverage trading, there were no problems with order execution or withdrawals

Source: X (formerly Twitter)

2025-03-04 EA User

★★★★☆

I'm using a scalping-style EA and I'm satisfied with the narrow spreads

Source: X (formerly Twitter)

August 2024, 5 years of experience in Forex trading

★★★★☆

I feel that the swap points are higher compared to other overseas forex brokers

Source: Review site

September 2024, 2 years of experience in Forex trading

★★☆☆☆

There were many account types, and at first, it was difficult to compare spreads and fees

Source: Review site

▶︎ See detailed reviews and testimonials

HOW TO OPEN

MYFX Markets Account Opening Procedure

STEP 01
STEP 1

from this page
Access
Access from this page

You will be automatically redirected to the MYFX Markets official website via the MoneyChat referral link

Approximately 10 seconds
STEP 02
STEP 2

your personal information.
Enter
Enter your personal information.

Enter your basic information such as your name, email address, and phone number

Approximately 2 minutes
STEP 03
STEP 3

your identity verification documents
Upload

Submit your ID and proof of address by dragging and dropping them

Approximately 3 minutes
STEP 04
STEP 4

Deposit money
.
and start trading

Transactions are possible immediately after depositing funds via credit card, bank transfer, or cryptocurrency

Immediate reflection
See detailed instructions for opening a MYFX Markets account →

A complete guide with screenshots, explaining common pitfalls

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CHECK!

How to get started with MYFX Markets at a great price

Get cashback while trading

Register for MoneyChat via the button on this page

After registering for free, you will open an account with MYFX Markets

Apply for your account number from My Page

If you submit your account number, it will be linked to your account for cashback eligibility

Earn cashback with every transaction

Cashback is generated based on trading volume and can be received through MoneyChat

Money Cat receives cashback

Cashback available

By registering with MYFX Markets through Moneycha, you can receive cashback based on your trading activity. It's a more advantageous way to start than registering directly through the official website

EXTRA BENEFITS

Even with brokers other than MYFX Markets,
if you register with MoneyChat.
you can get cashback

MoneyChat is an overseas forex cashback service.
It supports over 25 brokersand
has a cumulative payment record of 20 billion yen.

Supports 25 vendors

Cashback available from brokers other than MYFX Markets

Centralized management

Manage the income and expenses of all businesses with a single MoneyChat account

Five benefits you can receive by registering with Moneycha

Free support

Japanese chat support
available for troubleshooting trading and withdrawal issues.

OMEGA EA

EA, winner of the Tenkaichi Budokai, currently has
83 active players.

AI Copy Training

AI is currently trading 24 hours a day
with 56 participants.

Tenkaichi Budokai

A tournament to determine the strongest EA developer

Gacha Mission

Earn points through transactions → Receive fantastic prizes

FAQ

Frequently Asked Questions about MYFX Markets

Is opening an account with MYFX Markets free?

It's free. There are no account maintenance fees

What is the maximum leverage offered by MYFX Markets?

The maximum leverage for a Standard account is 1,000x. For accounts with an effective margin of 700,000 yen or more, the leverage is limited to 500x. For Pro and Micro accounts, the maximum leverage is 500x

Does MYFX Markets offer Japanese language support?

Yes, we do. You can contact us via phone, live chat, email, and LINE, and we are available weekdays from 8:30 to 20:00 (summer time) and 7:30 to 19:00 (winter time)

What is the minimum deposit amount for MYFX Markets?

Standard and Pro accounts have no minimum deposit requirement. Micro accounts require a minimum deposit of $30, or $100 if depositing via bank transfer

Does MYFX Markets offer zero-cut protection?

It is in use. No margin calls will be incurred (please check the latest official information regarding the availability of automatic execution *confirmation required)

Can I use scalping or servers on MYFX Markets?

Both scalping and the use of Expert Advisors (EAs) are officially permitted. We have partnered with Equinix's servers (in Japan and the US) to achieve an average execution speed of 0.03 seconds

How long does it take to withdraw funds from MYFX Markets?

Bitwallet and STICPAY typically take 1-2 business days, while domestic bank transfers and card withdrawals take 1-3 business days

What are the benefits of registering with MYFX Markets via MoneyChat?

Cashback is generated for each transaction, and withdrawal requests can be made from your MoneyChat My Page. Registering through a method other than MoneyChat may disqualify you from receiving cashback

MYFX Marketsin the most advantageous wayStart using

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