MasterFunders
MasterFunders Review 2025 – Is It a Safe Forex Broker?
Thinking of trading with MasterFunders? In this detailed review, we examine MasterFunders’ regulations, account types, spreads, fees, platforms, and more. By the end, you’ll know whether MasterFunders is a suitable broker for your trading needs in 2025.
| Feature | Details |
|---|---|
| Broker Name | MasterFunders |
| Founded | 2020 |
| Headquarters | London, United Kingdom |
| Regulations | FSA (St. Vincent & The Grenadines), Offshore Entity |
| Minimum Deposit | $100 |
| Account Types | Standard, ECN Raw, Islamic (Swap-Free) |
| Trading Platforms | MetaTrader 4, MetaTrader 5 |
| Instruments Offered | Forex, Indices, Commodities, Metals, Crypto CFDs |
| Leverage | Up to 1:500 |
Regulation & Safety
MasterFunders is an offshore-registered broker with moderate safety measures:
- Registered under FSA SVG (St. Vincent & The Grenadines)
- Segregated client accounts
- Negative balance protection for retail clients
- Basic KYC/AML verification required
Account Types Offered
| Account Type | Platform(s) | Spreads From | Commission | Minimum Deposit |
|---|---|---|---|---|
| Standard | MT4 / MT5 | ≈ 1.2 – 1.8 pips | No commission | $100 |
| ECN Raw | MT4 / MT5 | 0.0 pips | ≈ **US$3.00** per lot per side (≈ US$6 round-turn) | $200 |
| Islamic (Swap-Free) | MT4 / MT5 | Same as Standard or ECN Raw | Admin fee applies on overnight trades | $100 |
Trading Platforms
- MetaTrader 4 (MT4) – compatible with EAs, indicators, algo bots
- MetaTrader 5 (MT5) – multi-asset support, advanced charting
- Mobile & Desktop versions available
- Supports automated trading and expert advisors
Instruments You Can Trade
- 60+ Forex pairs
- Indices & global stock market CFDs
- Gold, Silver & other metals
- Oil & commodities
- Cryptocurrency CFDs
Spreads, Fees & Commission
- Spreads: Standard spreads from 1.2 pips; ECN Raw spreads from 0.0 pips
- Commissions: $3 per side per lot on ECN Raw
- Swap Fees: Charged on overnight positions; Islamic accounts pay admin fees
- Deposit/Withdrawal Fees: Most deposits free; crypto withdrawals incur network charges
- Inactivity Fee: May apply after 90 days of no trading
Security & Measures
- Segregated client funds
- Data encryption on trading platforms
- Two-step verification available
- Compliance with AML policies
Deposit & Withdrawal Options
| Method | Processing Time | Fees / Notes |
|---|---|---|
| Credit / Debit Card | Instant | No additional fees |
| Bank Transfer | 2–5 business days | Bank fees may apply |
| E-wallets (Skrill, Neteller) | Instant to a few hours | Free or low fees |
| Cryptocurrencies | Minutes to hours | Network fees apply |
Customer Support
- 24/5 Live Chat
- Email & ticket support
- Phone support for select regions
- Educational articles & trading tutorials
Pros & Cons
Pros
- High leverage up to 1:500
- ECN Raw account with 0.0 pip spreads
- Supports MT4 & MT5 trading platforms
- Fast execution suitable for scalpers
- Crypto funding supported
Cons
- Offshore regulation (less strict than ASIC/CySEC)
- No IRESS or cTrader
- Inactivity fees may apply
- Limited educational materials compared to top brokers
Is MasterFunders Right for You?
MasterFunders is suitable for traders seeking high leverage, tight ECN spreads, and fast execution on MT4/MT5. The Raw account is ideal for scalpers and expert advisor users, while beginners may prefer the Standard account with no commissions.
If you decide to choose MasterFunders:
Open Live Account with MasterFunders
FAQs About MasterFunders
Is MasterFunders regulated?
MasterFunders is registered offshore under FSA SVG, which offers limited regulatory protection.
What is the minimum deposit?
The minimum deposit starts at $100 for Standard accounts.
Does MasterFunders offer Islamic / swap-free accounts?
Yes — swap-free versions of Standard and ECN accounts are available.
How tight are the spreads?
ECN Raw spreads start from 0.0 pips; Standard spreads begin around 1.2 pips.
How long do deposits/withdrawals take?
Crypto & card deposits are instant, while bank transfers can take 2–5 days.
Disclaimers
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Make sure you fully understand the risks involved before trading.
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