Masterforex (masterforex.org) Brokerage Review and Spreads
Beaverhead Financial Inc is the owner of Masterforex Trademark and owns proper documents of license and registration which clears the air of doubts of the clients. Masterforex becomes the favorite company to trade as it is honest with the trading activities and has open relationship with customers. They strive hard to introduce effective and comfortable trading atmosphere to their clients.
The minimum deposit required to open an account is as low as $1. They support Islamic accounts and thus this may not turn down any request of their valuable clients. The main drawback of the company is that the slow paced action when it comes to withdrawal of funds. At times, it may take more than 48 hours to withdraw the funds which leaves few clients frustrated.
Spreads are not that appreciable as they start only from two, however at the sane time they do not charge any extra commissions and do not increase the spreads on continuance of the trade. This is something appreciable as they are straightforward with their policies and statements. The leverage value is up to 1:1500. MetaTrader 4 is used as a platform to trade which offers convenient methods to trade and to carry out the market analysis effectively.
Spreads:
| Tool | Transcript | Spread | Size of 1 lot |
1:100 | Pledge at the leverage 1:200 |
Pledge at the leverage 1:500 |
Exchange in points long |
Exchange in points short |
Limit&Stop level* |
| EURUSD | Euro to US dollar | 2 | EUR 100.000 | 1% | 0.5% | 0,2% | -0.9 | -1.26 | 10/30 |
| GBPUSD | Pound sterling to US dollar | 3 | GPB 100.000 | 1% | 0.5% | 0,2% | -0.39 | -1.82 | 10/30 |
| USDJPY | US dollar to Japanese yen | 2 | USD 100.000 | 1% | 0.5% | 0,2% | 0.39 | -1.99 | 10/30 |
| USDCHF | US dollar to Swiss franc | 3 | USD 100.000 | 1% | 0.5% | 0,2% | -0.11 | -1.95 | 10/30 |
| AUDUSD | Australian dollar to US dollar | 3 | AUD 100.000 | 1% | 0.5% | 0,2% | 0.01 | -1.36 | 10/30 |
| USDCAD | US dollar to Canadian dollar | 4 | USD 100.000 | 1% | 0.5% | 0,2% | -0.38 | -0.67 | 10/30 |
| NZDUSD | New Zealand dollar to US dollar | 5 | NZD 100.000 | 1% | 0.5% | 0,2% | 0.1 | -1.42 | 10/30 |
| EURGBP | Euro to Pound sterling | 10 | EUR 100.000 | 1% | 0.5% | 0,2% | -0.58 | 0.11 | 10/30 |
| EURCHF | Euro to Swiss franc | 4 | EUR 100.000 | 1% | 0.5% | 0,2% | 0.31 | -1.05 | 10/30 |
| EURJPY | Euro to Japanese yen | 3 | EUR 100.000 | 1% | 0.5% | 0,2% | 0.41 | -1.26 | 10/30 |
| EURAUD | Euro to Australian dollar | 10 | EUR 100.000 | 1% | 0.5% | 0,2% | -1.58 | 0.2 | 10/30 |
| EURCAD | Euro to Canadian dollar | 25 | EUR 100.000 | 1% | 0.5% | 0,2% | -0.49 | -0.85 | 25/30 |
| EURNZD | Euro to New Zealand dollar | 20 | EUR 100.000 | 1% | 0.5% | 0,2% | -2.71 | 0.52 | 20/30 |
| GBPCHF | Pound sterling to Swiss franc | 7 | GBP 100.000 | 1% | 0.5% | 0,2% | 1.02 | -2.54 | 10/30 |
| GBPJPY | Pound sterling to Japanese yen | 7 | GBP 100.000 | 1% | 0.5% | 0,2% | 0.99 | -3.52 | 10/30 |
| GBPAUD | Pound sterling to Australian dollar | 10 | GBP 100.000 | 1% | 0.5% | 0,2% | -1.26 | 0.13 | 10/30 |
| GBPCAD | Pound sterling to New Zealand dollar | 30 | GBP 100.000 | 1% | 0.5% | 0,2% | 0.18 | -0.68 | 30/30 |
| GBPNZD | Pound sterling to Canadian dollar | 45 | GBP 100.000 | 1% | 0.5% | 0,2% | -1.23 | 0.1 | 45/45 |
| CHFJPY | Swiss franc to Japanese yen | 4 | CHF 100.000 | 1% | 0.5% | 0,2% | 0.18 | -0.98 | 10/30 |
| AUDCAD | Australian dollar to Canadian dollar | 10 | AUD 100.000 | 1% | 0.5% | 0,2% | 0.2 | -1.23 | 10/30 |
| AUDJPY | Australian dollar to Japanese yen | 6 | AUD 100.000 | 1% | 0.5% | 0,2% | 0.67 | -1.81 | 10/30 |
| AUDCHF | Australian dollar to Swiss franc | 10 | AUD 100.000 | 1% | 0.5% | 0,2% | 0.5 | -1.87 | 10/30 |
| AUDNZD | Australian dollar to New Zealand dollar | 20 | AUD 100.000 | 1% | 0.5% | 0,2% | -0.92 | 0.02 | 20/50 |
| CADJPY | Canadian dollar to Japanese yen | 6 | CAD 100.000 | 1% | 0.5% | 0,2% | 0.42 | -1.31 | 10/30 |
| CADCHF | Canadian dollar to Swiss franc | 8 | CAD 100.000 | 1% | 0.5% | 0,2% | 0.09 | -1.21 | 10/30 |
| NZDCAD | New Zealand dollar to Canadian dollar | 10 | NZD 100.000 | 1% | 0.5% | 0,2% | 0.31 | -1.28 | 10/30 |
| NZDCHF | New Zealand dollar to Swiss franc | 10 | NZD 100.000 | 1% | 0.5% | 0,2% | 0.71 | -1.88 | 10/30 |
| NZDJPY | New Zealand dollar to Japanese yen | 10 | NZD 100.000 | 1% | 0.5% | 0,2% | 0.74 | -2.23 | 10/30 |
| GOLD | Gold on spot | 100 | troy oz 100 | 1% | -1 | 0.5 | 100/200 | ||
| SILVER | Silver on spot | 4 | troy oz 5000 | 1% | -1 | 0.5 | 10/30 | ||
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