MYFX Markets registration can be completed in only 8 steps. You'll be required to provide your personal information, details about your financial status, and your complete residential address. Finally, select your preferred currency, leverage, and trading platform.
After completing the MYFX Markets signup, you can choose from Standard, Pro, and Micro accounts.
The Standard and Micro accounts feature spreads starting from 1.0 pips and do not charge commissions, while the Pro account offers spreads from 0.0 pips with a $7 commission per lot.
Overview of MYFX Markets Setup Process
Joining MYFX Markets broker is straightforward and suitable for beginners, providing you with instant access to your personalized trading dashboard.
MYFX Markets registration steps:
- Visit the official MYFX Markets signup page;
- Enter your personal details;
- Confirm your email address;
- Select your trading account, provide additional information, and your password;
- Set up your security questions;
- Select your trading platform, currency, and leverage.
Before opening an account, it's advisable to review the setup requirements and prepare all necessary information in advance. Doing so ensures a smooth and hassle-free on-boarding experience with this Forex broker.
Registration Requirements | Yes/No |
Email Sign-up | Yes |
Phone Number Required | Yes |
Google Account Login | No |
Apple ID Login | No |
Facebook Login | No |
Full Name | Yes |
Country of Residence | Yes |
Date of Birth | Yes |
Address Details | Yes |
Email Verification | Yes |
Phone Number Verification | No |
Financial Status Questionnaire | Yes |
Trading Experience Questionnaire | Yes |
#1 Access the MYFX Markets Broker Page
Getting started is simple. Just follow these steps:
- Click the "Open an Account" button found at the bottom of this page.
- On the main page, select "Start Trading" to proceed with the signup process.
#2 Enter Personal Information
Fill in your first name, last name, email address, and country of residence. If you have an IB code, enter it in the provided field. Check "I'm Human", then click "Register".
#3 Verify Your Email
You'll receive an email from MYFX Markets. Open it and click "Verify Now" to confirm your email.
#4 Choose Account Type
Decide between an Individual Trading Account or a Corporate Trading Account. Most traders choose an individual for personal use. Provide your phone number, IB code for the MYFX Markets rebate, full address, and date of birth.
You'll also be asked to answer questions about your trading experience, the average number of trades, and your expected deposit. Set a secure password that includes uppercase and lowercase letters, numbers, and symbols, ensuring it's at least 8 characters long.
#5 Set Up Security Questions
Choose security questions such as "What was your first pet's name?" and enter your answers. This step ensures account recovery options.
#6 Select Trading Platform and Preferences
In the final stage of this MYFX Markets tutorial, choose your platform type between MT4 Standard, MT4 Pro, MT5 Standard, MT5 Pro, MT4 Micro, or Copy Trading. Then select your account currency and leverage.
Check the box to agree with the terms and conditions and click "Next".
MYFX Markets Setup Compared with Other Brokers
The table below highlights the key requirements and documents needed to create an account with MYFX Markets, in comparison to the on-boarding processes used by competing brokerage firms.
Registration Requirements | MYFX Markets Broker | |||
Email Sign-up | Yes | Yes | Yes | Yes |
Phone Number Required | Yes | Yes | Yes | Yes |
Google Account Login | No | No | No | No |
Apple ID Login | No | No | No | No |
Facebook Login | No | No | No | No |
Full Name | Yes | Yes | Yes | Yes |
Country of Residence | Yes | Yes | Yes | Yes |
Date of Birth | Yes | Yes | No | Yes |
Address Details | Yes | No | No | Yes |
Email Verification | Yes | No | Yes | No |
Phone Number Verification | No | No | No | No |
Financial Status Questionnaire | Yes | No | No | Yes |
Trading Experience Questionnaire | Yes | No | No | No |
TF Expert Suggestion
The MYFX Markets registration takes around 10 minutes to complete. During the setup process, you'll need to provide your full details, including your address, email, and phone number.
After your account is created, the next step is to finalize the MYFX Markets verification using a valid ID and proof of address (such as bank statement or a utility bill) to access all broker features.
