Score
Mongolia
|
2-5 years
| https://www.motforex.com
Website
Rating Index
MT4/5
Full License
MOTForex-Demo-1
Influence
C
Influence index NO.1
Mongolia 4.36
MT4/5 Identification
Full License
United KingdomInfluence
C
Influence index NO.1
Mongolia 4.36
LicensesNo valid regulatory information, please be aware of the risk!
Mongolia
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
motforex.com United States
VIP is not activated.| MOTFXReview Summary | |
| Registered On | 2022-11-25 |
| Registered Country/Region | Mongolia |
| Regulation | Unregulated |
| Market Instruments | Forex, Commodities, Indices, Cryptocurrencies, and Shares |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0.0 pips |
| Trading Platform | MT5, cTrader (Desktop, Mobile) |
| Min Deposit | $25 |
| ICustomer Support | +976-7222 2200 |
| support@motforex.com | |
| Online Chat | |
| Instagram, Facebook, YouTube, Telegram, LinkedIn | |
| Location: MOT Forex Limited Liability Company is located at Suite 609, The Minister Tower, 1st Khoroo, Sukhbaatar District, Ulaanbaatar, Mongolia. | |
MOTFX is an Asian forex broker with over 100,000 active traders in more than 100 countries. Relying on top international banking systems and clearing institutions, the platform offers over 500 trading products to global clients, including forex, indices, commodities, shares, and cryptocurrencies. It also supports two major trading platforms, MetaTrader 5 and cTrader, catering to multi-device access across desktop, mobile, and web terminals.
| Pros | Cons |
| Spread as low as 0 pips | Unregulated |
| MT5 available | Incomplete deposit and withdrawal fee information |
| Leverage up to 1:1000 | |
| Bonus activities |
MOTFX is unregulated, and regulatory qualification is an important criterion for measuring a platform's reliability.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Shares | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
MOTFX offers 5 types of trading accounts, including Standard Account, Pro Account, Swap-Free Account, and Zero Spread Account. In addition, there is a Demo Account suitable for beginners.
| Account Type | Standard | Pro | Swap Free | Zero Spread |
| Min. Deposit | $25 | $25 | $100 | $100 |
| Spread | From 0.8 pips | From 0.0 pips | From 2 pips | From 0.0 pips |
| Commission | $0.00 | $3.50 per side | $0.00 | $9 per side |
| Max. Leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 |
| Instruments | MT5, cTrader | MT5, cTrader | MT5, cTrader | MT5, cTrader |
The Zero Spread Account offers the lowest spread of 0 pips, while the Standard Account and Swap-Free Account have 0 commissions. Additionally, there are accounts available with free swap fees.
MOTFX provides traders with leverage of up to 1:1000, suitable for traders with a certain level of risk tolerance.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, Mobile, Web | Experienced Traders |
| cTrader | ✔ | PC, Mobile, Web, MAC | / |
Deposit
Supports multiple methods including bank transfer, Visa/Mastercard, cryptocurrency, and international remittance. Funds are credited within 3 minutes, and the platform does not charge any deposit fees.
Withdrawal
MOTFX's trading platform supports the Copy Trading function, which is suitable for novices who lack trading experience or time.
100% Deposit Bonus 3.0
Open an MT5 Pro/Standard/Swing account and make a single deposit of $50 or more to receive a bonus equal to the deposit amount (up to $2,500 per transaction).
Trade Lots for Rewards
Register and open a designated account. Trade XAUUSD, major and minor currency pairs before December 31, 2025, and complete the trading volume to get a chance to win a Samsung Flip/Fold phone.
MOTFX is unregulated, which raises concerns for me. I prefer dealing with regulated brokers because they offer an extra layer of security and ensure that client funds are protected. Without regulation, I would be more cautious about depositing significant amounts with MOTFX broker.
MOTFX broker offers different fee structures depending on the account type. For instance, the Zero Spread Account has spreads from 0 pips but charges a commission of $9 per side. The Standard Account and Swap-Free Account don’t charge commissions, but spreads start from 0.8 pips.
MOTFX broker offers leverage of up to 1:1000, which is attractive for traders like me who want to take larger positions. However, I always use high leverage cautiously since it can amplify both profits and losses.
MOTFX broker has several advantages, such as low spreads starting from 0 pips, high leverage up to 1:1000, and support for both MT5 and cTrader platforms. These features give me flexibility in my trading style and access to a variety of markets.
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FX4050648837
Kazakhstan
Terrible experience with MOT Forex. After several successful trades, they blocked my account with $25,000 in it and disabled my FIX API access without any explanation. I suspect the broker deliberately targets and blocks successful traders. Withdrawing funds is impossible, and their support either ignores requests or gives generic responses. I consider this company unsafe, unreliable, and a potential scam. Avoid them at all costs!
Exposure
A0 Rock
Malaysia
I tested its demo account for over a month before beginning live trading. This is necessary. My profit rate for trading on its demo account is 66.56%. That's why I decided to open a real one. Now, I've been trading on the Standard account for two weeks, and so far, so good.
Positive
FX3046135822
Mongolia
I've traded with this broker for 9 months, and I have to admit that its customer support is very responsive and professional. Always helpful and available to answer any questions.
Positive
Dadu7328
Mongolia
Great customer service and fast reply. Less spread and everything. Thank you guys. You are the best
Positive
FX1193648352
Mongolia
MOT is the newest reliable broker in town with 100% deposit bonus helping me gain my losses back on other brokers. Their spread is really low compared to Pepperstone and Avatrade. Deposit is instant, withdrawal is within 24 hours which I love.
Positive
Michael Williams Jr
Mongolia
I've been trading with MOTFX broker for quite some time now, and I can confidently say they've been an absolute game-changer for me. Their platform is not only intuitive but also packed with powerful tools that have significantly enhanced my trading experience. Whether I'm executing trades on the go or analyzing market trends, their platform never fails to deliver speed and reliability.
Positive
姓氏
Taiwan
This is the only broker I am confident trusting my money with. They are transparent and honest in all transactions. I deal with cryptocurrencies which is the most challenging asset. Thankful I found a good broker to trade with.
Positive
FX3132298192
Mongolia
Enjoy reliable support with our 24/5 customer service team, ready to assist you anytime during the week. Our new, trendy website is user-friendly and offers low spreads, making trading more cost-effective and enjoyable.
Positive
FX3757315231
Mongolia
I've been trading with MOTFX for about 6 months and they've really impressed me. The platform is super user-friendly and their customer support is amazing - always responsive and helpful. The educational resources like webinars and video tutorials are excellent for learning trading strategies. Tight spreads, fast execution, and quality research tools make MOTFX great for traders of all levels. Two thumbs up, I highly recommend giving them a try!
Positive
姓氏
Mongolia
I have to admit it, MOTFX is definite the best broker I ever met. Their support staff are always there to help me, friendly and professional. I cannot find a broker better than MOTFX.
Positive
Ryo Sonoda
Mongolia
I appreciate MOTFX's transparency when it comes to fees. They offer competitive spreads on major forex pairs and while there are some overnight fees, these are clearly outlined on their site. It's refreshing not to worry about hidden charges sneaking up on me.
Positive
FX3760029000
Mongolia
Motfx exceeded my expectations with their user-friendly platform, reliable customer support, and diverse range of trading instruments, making them my top choice for forex trading.
Positive
FX3437866629
Mongolia
I've been using MOTFX for the past six months and am thoroughly impressed by its performance and ease of use. As someone who has experimented with multiple trading platforms, I find that [Trading Platform Name] stands out for several reasons. Firstly, the user interface is clean and intuitive, making it incredibly easy for both beginners and experienced traders to navigate. The platform offers a wide range of tools and charts, which are highly customizable and offer real-time data, helping me make informed decisions quickly.
Positive
Franky0102
Singapore
Absolutely thrilled with my experience trading with MOTFOREX ! The support team is responsive and knowledgeable, always ready to assist with any questions or concerns. With competitive spreads and reliable execution, I've found trading with them to be both profitable and enjoyable. Highly recommend MOTFOREX to anyone looking for a trustworthy partner in the forex market!"
Positive