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Star Net FX-Overview of Minimum Deposit, Leverage, Spreads

MORFIN FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-30 11:06

Abstract:  Morfin FX is an unregulated forex and CFD broker that was founded in 2021 and is based in Saint Vincent and the Grenadines. It lets you trade in a lot of different markets, like forex, commodities, indices, stocks, and cryptocurrencies, as well as MetaTrader. It promotes trading without commissions, but the lack of governmental control makes others wonder about how safe it is for investors.

Morfin FX Review Summary
Founded2021
Registered CountrySaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsForex, Commodities, Cryptos, CFDs, Indices, Stocks
Demo Account/
Leverage/
Spread/
Trading PlatformMetaTrader 5
Minimum Deposit/
Customer SupportPhone: +971 4 338 6699
WhatsApp: +971 5862 59739
Email: support@morfinfx.com

Morfin FX Information

  Morfin FX is an unregulated forex and CFD broker that was founded in 2021 and is based in Saint Vincent and the Grenadines. It lets you trade in a lot of different markets, like forex, commodities, indices, stocks, and cryptocurrencies, as well as MetaTrader. It promotes trading without commissions, but the lack of governmental control makes others wonder about how safe it is for investors.

Morfin FX's homepage

Pros and Cons

ProsCons
Wide selection of trading instrumentsNo regulation
Zero-commission trading modelNo clear demo or Islamic (swap-free) account options
MT5 platformLimited information on detailed fees and account features

Is Morfin FX Legit?

  Morfin FX is an unregulated broker. Despite claiming to be registered in Saint Vincent and the Grenadines, this jurisdiction lacks a recognized financial authority to supervise or regulate forex or CFD brokers.

  According to Whois, the domain morfinfx.com was registered on February 17, 2021, last updated on January 24, 2023, and will expire on February 17, 2028. The domain is now in the “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited” condition.

Domain information

What Can I Trade on Morfin FX?

  Morfin FX offers a lot of different tradable products, which gives traders access to important marketplaces across the world. The exact number of things is unknown, but they include forex pairs, commodities, cryptocurrencies, CFDs, indices, and stocks. MetaTrader platforms give you access to a wide range of markets.

Tradable InstrumentsSupported
Forex✓
CFDs✓
Commodities✓
Indices✓
Stocks✓
Cryptos✓
Bonds✗
Options✗
ETFs✗

Account Type

  Morfin FX provides a Multi-Account Manager (MAM) account for investors who want their portfolios professionally handled. This account type enables skilled managers to manage numerous client accounts at the same time, maximizing profits while minimizing risks through strategic research and specialized investing tactics. Currently, the website makes no mention of the availability of ordinary demo accounts or Islamic (swap-free) accounts.

MAM account

Morfin FX Fees

  Morfin FX's fees are often lower than industry standards because it provides zero-commission trading; nevertheless, traders should still consider spreads and potential swap fees when comparing overall expenses.

No commission

Trading Platform

PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5✓Windows, macOS, iOS, AndroidExperienced traders
MetaTrader 4✗—Beginners

Related broker

No Regulation
MORFIN FX
Company name:Morfin FX LLC
Score
2.03
2-5 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers
Score
2.03

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