Home -

Introduction -

WikiFX Express

Exness

EURSWISS

MFM Securities Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-13 15:51

Abstract：MFM Securities, a trading name of MFM Securities (Pacific) Limited, is a forex and CFD broker that offers trading in stocks, indices, forex, commodities, cryptocurrencies, bonds and ETFs with spreads from 1.8 pips on the Standard account and flexible leverage up to 1:1000. It also offers four different live account types on the top MetaTrader4 and MetaTrader5 trading platforms.

　　Note: MFM Securities's official website - https://MFM Securities.com/ is currently inaccessible normal.

MFM Securities Review Summary
Founded	/
Registered Country/Region	Australia
Regulation	Unregulated
Market Instruments	100+ CFDs on stocks, indices, forex, commodities, cryptocurrencies, bonds and ETFs
Demo Account	✅
Leverage	1:10-1:1000
Spread	From 1.8 pips (Standard account)
Trading Platform	MT4, MT5
Min Deposit	$15
Customer Support	24/7 live chat
	Tel: +44 13161 888 32
	Email: support@mfmsecurities.com
	Twitter, Facebook, Instagram, YouTube and LinkedIn
	Registered address: Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent and The Grenadines

　　MFM Securities, a trading name of MFM Securities (Pacific) Limited, is a forex and CFD broker that offers trading in stocks, indices, forex, commodities, cryptocurrencies, bonds and ETFswith spreads from 1.8 pips on the Standard account and flexible leverage up to 1:1000. It also offers four different live account types on the top MetaTrader4 and MetaTrader5 trading platforms.

Pros and Cons

Pros	Cons
Diverse tradable asset classes	Unfunctional website
Demo account and three live account types	Not licensed
Micro accounts offered	Deposit and withdrawal fee charged
Flexible leverage ratios
No commissions for some account types
MT4 and MT5 supported
Low minimum deposit
Popular payment options
24/7 live chat support

Is MFM Securities Legit?

　　No. MFM Securities operates without regulations. Please be aware of the risk!

What Can I Trade on MFM Securities?

　　MFM Securities advertises that it offers access to more than 100 trading instruments in financial markets, including CFDs on 7 asset classes: stocks, indices, forex, commodities, cryptocurrencies, bonds and ETFs.

Trading Asset	Available
CFDs	✔
forex	✔
commodities	✔
stocks	✔
indices	✔
cryptocurrencies	✔
bonds	✔
ETFs	✔
options	❌

Account Type

　　Apart from demo accounts, MFM Securities claims to offer three types of trading accounts, namely Standard, Prime, and Micro.

Account Type	MinDeposit
Micro	$15
Standard	$25
Prime	$100
ECN	$100

Leverage

　　The leverage provided by MFM Securities is capped at 1:1000. More details can be found in the below table. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

	Standard	Prime	ECN	Micro
Forex	1:100-1:500			1:100-1:1000
Metals
Energy
Stocks	1:10-1:60			/
Cryptos	/	1:10

Spread and Commission

Account Type	Spread	Commission
Standard	From 1.8 pips	❌
Prime	From 0.4 pips
ECN	/
Micro	Raw	$5/lot

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Mobile, Web	Beginners
MT5	✔	Desktop, Mobile, Web	Experienced traders

Deposit and Withdrawal

　　MFM Securities says to accept deposits via credit/debit cards, online banking, cryptocurrency and Wire Transfer, and withdrawals with online banking and cryptocurrency.

　　The minimum initial deposit requirement is said to be $100 for Wire Transfer, while $25 for deposit methods. The minimum withdrawal amount is $13.

　　The broker also charges deposit fees, 1.5% and minimum €0.4 for cryptocurrency deposits, while other deposits are free.

　　As for the processing time of deposit and withdrawal requests, all deposits are said to be processed within 10 minutes, while free for online banking withdrawals and 1.5% for cryptocurrency withdrawals.

Promotions

　　MFM Securities claims to offer a 35%+25% deposit bonus and a $30 welcome bonus on the Prime account. The maximum bonus is up to $5,000.

　　In any case, you should be very cautious if you receive a bonus. First of all, bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Remember that brokers who are regulated and legitimate do not offer bonuses to their clients.