Mocaz forex review forum

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Both types of accounts are commission-free. The leverage is and The minimum spread is from 0. Thus, Mocaz Financial Markets enables its clients to choose the account type that would suit them best. The broker provides three trading platforms. The first one is MT4 — the most popular software among traders all over the world. Mocaz Financial Markets has upgraded this platform to meet the requirements of its clients. The platform is compatible with most operational systems and is available in a form of a mobile app.

The second platform offered by Mocaz is NetStation. It is used to trade currency pairs, CFD, and metals. The third platform is Clear Pro — the latest software on Forex with a redesigned interface that enables experienced traders to easily navigate the financial markets.

The platform ensures trading on CFD, currency pairs and gold. The advantages of this trading platform: fast execution and one-click trading; the VWAP option that enables traders to view the average price on big orders; adjustable workspace with module docking. The client support team can be reached through phone, email and live chat. Additionally, clients can ask their questions with the help of Skype.

Trade Sizes Trade sizes start from 0. There is no set maximum trade size, however, we would never recommend going over 50 lots in a single trade as it can become harder for the trades to be executed quickly and without any added slippage. We did not locate any information on the maximum number of open trades wither.

The standard and ACTR accounts do not have any added commission and use a spread based system that we will look at later in this review. There are also swap charges, these are an interest that is either pair dor received for holding trades overnight, this interest can be viewed within the MetaTrader 4 trading platform.

Assets It is stated that there are over 90 assets available to trade including forex, commodities, metals, bonds, and indices. What we can say is that in terms of forex, there are all the majors and minors available to trade, no mention of any exotic pairs though. Spreads Unfortunately, as the is not a breakdown of assets, there is also not a full breakdown of spreads or even an example of spreads.

The only information present is that they are variable spreads, this means that they move with the markets and when there is volatility in the markets the spreads will often be seen larger. It should also be noted that different instruments will have different starting spreads.

There are no added fees from Mocaz, but be sure to check with your own bank or processor to see if they add any transfer fees of their own. The only method with an added fee is for the local bank transfers, there is a fee of 1. Just as with the deposits, there are no added fees from Mocaz on the other methods, but be sure to check with your own bank or processor to see if they add any transfer fees of their own.

If they are not processed instantly they will be processed within 24 hours. After this time the amount of time it takes to be fully processed will depend on the method used and the processing of the receiving bank. Customer Service There are a few limited ways to get in contact with Mocaz, there is an email for general inquiries and support and also one for partnerships.

There is then a WhatsApp phone number to get support hat way. General Inquiries and Support: css mocaz. Demo Account Demo accounts do not appear to be available from Mocaz which is a little bit disappointing. You can download MetaTrader 4 and open an account that way but the trading conditions will not match the ones of Mocaz.

Demo accounts can allow potential clients to test out the trading conditions and servers while allowing existing clients to test new strategies without risking a y of their own capital, so it would be good to see Mocaz add some demo accounts to their arsenal. Unfortunately, the spread based accounts we do not know how much they will cost as the spreads and assets are not available to view, these really need to be added as it is important for potential customers to know what they can trade and how much it will cost them.

Plenty of ways to deposit and withdraw without any added fees which is a big plus.

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There is a great variety of account types at Mocaz Financial Markets. While some brokers have only three types of account, Mocaz offers a wider choice — it has six profiles. The minimum spread is 2 pips; the leverage is from to No more than active trades are allowed on the Basic Micro account. It provides almost the same trading conditions as Basic Micro, but the maximum deposit and the number of active trades are not limited. Both types of accounts are commission-free. The leverage is and The minimum spread is from 0.

Thus, Mocaz Financial Markets enables its clients to choose the account type that would suit them best. The broker provides three trading platforms. The first one is MT4 — the most popular software among traders all over the world. Mocaz Financial Markets has upgraded this platform to meet the requirements of its clients.

The platform is compatible with most operational systems and is available in a form of a mobile app. The second platform offered by Mocaz is NetStation. It is used to trade currency pairs, CFD, and metals. Mocaz Financial Markets is an online forex broker providing their services across the globe.

Situated in Saint Vincent and the Grenadines, they claim that their platform is top-notch. Mocaz has a few key values which include integrity and trust, honesty and fairness, transparency, flexibility, commitment and responsibility, reliability, strong corporate governance, and constant innovation. We will be going through the services on offer to see if they live up to heir values and so you can decide if they are the right broker for you.

Account Types There are three different account types on offer, within each account type there are a further two types, investor and trader, for the purpose of this review we will only be looking at the trader side of the accounts. So lets briefly look at what they offer. Auto withdrawal is disabled for this account and there are also no added commissions. The minimum trade size is 0. The account uses the MetaTrader 4 platform as its only trading platform.

This account has something called ACTR activated and has the option of having auto withdrawals turned on. Ther is no added commission on the account and the minimum trade size is 0. Auto withdrawals are optional and the trading starts from 0. Platforms The only platform on offer from Mocaz is MetaTrader 4, so we will briefly go over some of the available features of this platform.

There is also an auto-copy program that we will briefly look at too. Some of the main features of MetaTrader 4 include it being fully customizable, offering deep analysis, ultra-fast order execution, different order execution capabilities, the ability for automated trading and, no trading conflict of interest between broker and client.

MetaTrader 4 is also available as a desktop download, web trader and as an iOS or Android application. All these AutocopyTrade features will be automatically executed in your MetaTrader trading platform with reputable security guaranteed. Mocaz Financial Markets Limited has developed a complex and unbeatable system to enable our clients to use this AutocopyTrade feature without any hassle at all.

For some reason, MetaTrader 5 is also mentioned however it does not seem like any accounts are currently using it. Leverage The maximum leverage available to you will be based on the account you are using, the Standard and ACTR accounts can both be leveraged up to , the ACTR account has leverage up to Leverage can be selected when you open up a new account, it can be changed on an already open account by getting in contact with the customer service team.

Trade Sizes Trade sizes start from 0. There is no set maximum trade size, however, we would never recommend going over 50 lots in a single trade as it can become harder for the trades to be executed quickly and without any added slippage.