Score
Mur Fx Markets Limited
India|2-5 years| https://www.murfxmarkets.com/
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Contact
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No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
India
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
murfxmarkets.com
Server Location
Germany
Website Domain Name
murfxmarkets.com
Server IP
95.111.245.189
Company Summary
| Mur Fx Markets Limited | |
| Founded | 2019 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Indices |
| Account Type | Raw account, real 1.0, real 2.0 |
| Demo Account | ✔ |
| Leverage | Up to 1:500 |
| Spread | 0.2-2.5pips |
| Deposit & Withdrawal | Skrill, NEETER, tether |
| Trading Platform | MT5 platform |
| Minimum Deposit | $100 |
| Customer Support | Phone: +230 5973 1371,+91 9537782931 |
| Email:support@murfxmarkets.com | |
| Physical address : Shop No. F S1 S2/23, Second floor, Surya PlazaComplex, Near Santosh Crossing, Rajpipla, Dist-Narmada, Gujarat - 393145, India | |
| Educational Resource | Economic calendar, PIP calendar |
Mur Fx Markets Limited Information
Mur Fx Markets Limited, founded in 2019, is a brokerage registered in India. The trading instruments it provides cover Forex, Commodities and Indices. 3 accounts for traders and MT5 support. But it is currently unregulated and lacks security.
Pros and Cons
| Pros | Cons |
| Diversified trading products | No regulation |
| Low Spreads and Commissions | |
| Advanced Trading Platform | |
| 3 types of accounts | |
| Demo Account Available | |
| Multiple Deposit and Withdrawal Options |
Is Mur Fx Markets Limited Legit?
It is clear that Mur Fx Markets Limited, which was registered in 2019 and is currently unregulated, is insecure.
What Can I Trade on Mur Fx Markets Limited?
Mur Fx Markets Limited offers traders three market instruments-Forex, Commodities, Indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
Account Types
Mur Fx Markets Limited offers a total of 3 different types of accounts to traders-Raw account, real 1.0 and real 2.0 account. And it offers demo accounts.
| Account Types | Raw | Real 1.0 | Real 2.0 |
| Leverage | 1:500 | 1:500 | 1:500 |
| Spread from | 0.2 | 1.5 | 2.5 |
| Min. Deposit | ＄5000 | ＄100 | ＄100 |
| Commission | ＄7 | 0 | 0 |
| SWAPS | No | No | No |
| Platform | MT5 | MT5 | MT5 |
Mur Fx Markets Limited Fees
3 accounts are different in spread and commission. Raw account's spread is the lowest, starting with 0.2pips, but it charges $7 for every transaction. The other two accounts all charge no commission. And these 3 accounts have no SWAPS fee.
| Account Types | Raw | Real 1.0 | Real 2.0 |
| Spread from | 0.2pips | 1.5pips | 2.5pips |
| Commission | ＄7 | 0 | 0 |
| SWAPS | No | No | No |
Mur Fx Markets Limited Platform
Mur Fx Markets Limited's trading platform is MT5 Margin WebTrader, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 Margin WebTrader | ✔ | Web, Mobile | Proficient |
| MT4 | ❌ |
Deposit and Withdrawal
The broker supports three payment methods: Skrill, NEETER, tether.
In addition, its minimum deposit requirement is $100.
| Withdrawal | Deposit | ||||
| method | Fees | Processing Time | Fees | Processing Time | |
| Debit cards and credit cards | 3%，International Transaction Fees 2.20%,Card not present Transaction Fees 0.02% | In two business days before 11am UK time on any business day | 3%，International Transaction Fees 2.20%,Card not present Transaction Fees 0.02% | 1 to 2 days | |
| Bank transfers | Not mentioned | In two business days before 11am UK time on any business day | Not mentioned | 1 to 5 working days | |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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