MYFX Markets offers three accounts: Standard (MT4/MT5, from 1.0 pips, no commission, up to 1,000:1 while the balance is up to $7,000, no minimum deposit), Pro (MT4/MT5, from 0.0 pips plus $7 per lot, up to 500:1, no minimum) and Micro (MT4 only, 1,000-unit lots, from 1.0 pips, $30 minimum). Standard and Pro come in USD, JPY, AUD, GBP or EUR; Micro in USD. Only Standard and Pro get the welcome bonus. MYFX doesn't serve the US, EU, Australia, Canada or Japan.
Who can open these accounts
MYFX Markets is run by MYFX GROUP LIMITED (Seychelles FSA, SD202) and MYFX Group (Union of Comoros) (Anjouan Offshore Finance Authority, L15835/MYFX). It doesn’t serve residents or citizens of the United States, Australia, Canada, the European Union, Iran, North Korea, Belize or Russia, applies further restrictions to Albania, Barbados, Cambodia, Malta, Mauritius, Panama, Syria and others, and says its site isn’t intended for residents of Japan: is MYFX Markets safe?.
The three accounts
From MYFX’s English account types page, read on 2 November 2026:
| Standard | Pro | Micro | |
|---|---|---|---|
| Platforms | MT4, MT5 | MT4, MT5 | MT4 |
| Spreads from | 1.0 pips | 0.0 pips | 1.0 pips |
| Commission | None | $7 per lot | None |
| Currencies | USD, JPY, AUD, GBP, EUR | USD, JPY, AUD, GBP, EUR | USD |
| Contract size | 100,000 units | 100,000 units | 1,000 units |
| Products | 50+ FX pairs, crypto, metals, CFDs | 50+ FX pairs, crypto, metals, CFDs | 50+ FX pairs, metals |
| Minimum deposit | $0 | $0 | $30 |
| Minimum trade | 0.01 lots | 0.01 lots | 0.01 lots |
| Max leverage | 1000:1 (balance up to $7,000) | 500:1 (balance up to $50,000) | 500:1 (balance up to $50,000) |
| Max open orders | 100 | 100 | 100 |
Two figures need care. Commission: the English page shows $7 per lot on Pro, while MYFX’s Japanese page shows $6.65, so check what applies to your account currency. Minimum deposit: the account page lists $0 for Standard and Pro, but MYFX’s English funding FAQ says the minimum is $200 or the equivalent: MYFX Markets deposits.
Cost comparison
MYFX publishes only “from” spreads, not averages. On EUR/USD, where a pip is worth $10 per standard lot, Pro’s $7 commission equals 0.7 pips. So Pro is cheaper than Standard whenever Standard’s live spread is more than 0.7 pips wider than Pro’s. Compare both accounts’ live quotes on a demo before choosing. Background: spread basics.
The Micro account trades 1,000-unit lots, so 0.01 lots is just 10 units of currency: useful for testing a strategy or an EA with real money but tiny risk. It’s MT4-only and USD-only.
Who each account suits
- Standard: the default for most traders; no commission and the only account with 1,000:1, until your balance passes $7,000.
- Pro: active traders and scalpers who want raw spreads and accept a per-lot commission. MYFX’s Japanese FAQ says EAs, scalping and hedging are allowed.
- Micro: small tests and EA trials, with a $30 entry.
Bonus eligibility
The 50% welcome bonus up to $400 applies to Standard and Pro accounts on MT4 or MT5. Micro, copy-trading, MAM/PAMM, corporate and incubation accounts are excluded: MYFX Markets bonus.
Leverage and stop-out
Leverage depends on the account and your balance: 1,000:1 on Standard up to $7,000, then 500:1, and 400:1 above $50,000. Margin call is at 90%, positions start closing from 50% and stop-out is 20%: MYFX Markets leverage.
| Broker | Min deposit | Visit broker | |||
|---|---|---|---|---|---|
| 3.9/5 | $0 | 1,000:1 | ✓ | Visit | |
| 3.7/5 | No minimum | 2,000:1 | ✓ | Visit | |
| 3.4/5 | $10 | 2,000:1 | ✓ | Visit | |
| 3.7/5 | $100 first deposit | 1,000:1 | ✓ | Visit |
Ready to open one: how to open a MYFX Markets account. Compare raw-spread accounts on ECN brokers, or go back to the MYFX Markets review.
Related
Account types at other brokers
Frequently asked questions
Which MYFX Markets account has the highest leverage?
Standard: up to 1,000:1 while your account balance is up to $7,000. Pro and Micro go up to 500:1 for balances up to $50,000.
How much commission does the MYFX Pro account charge?
$7 per lot, according to the English account types page. MYFX's Japanese page shows $6.65, so confirm the figure for your account currency in the Client Office.
What is the minimum deposit at MYFX Markets?
The account types page lists $0 for Standard and Pro and $30 for Micro. The English funding FAQ says $200 or the equivalent, so expect a $200 minimum in practice unless the Client Office shows otherwise.
Which MYFX accounts get the welcome bonus?
Standard and Pro, on MT4 or MT5. Micro, copy-trading, MAM/PAMM, corporate and incubation accounts are excluded.