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MogaFX Forex Broker Review and Rating

A Trusted Forex Broker

MogaFX is an international broker that offers multi-asset trading with superior trading conditions as well as 24-hours support providing a first-class education. Our goal is to meet all client’s needs by allowing a genuine trading environment based on transparency, reliance, and quality.

MogaFX is committed to long term to enable traders to trade, keep improving their skills, and doing so under the best possible conditions.

MogaFX vision is to make trading accessible to everyone by providing state of the art trading technology and the premium education for all levels with personalized support. At MogaFX, every client is provided with their own personal account manager to support them.

We are fully dedicated to your trading experience and aim to give all our clients service and support at the highest quality.

MogaFX is an international firm, regulated and licenced in multiple financial markets including Australia and St Vincent & The Grenadines. Including Australia for Australian entity Wholesale clients and SVGFSA (Authority St Vincent & The Grenadines Financial Services) require us meet strict capital requirements with strict internal procedures regarding risk management, staff training, accounting and audits. All client funds are held in segregated client trust accounts with top tier banks in accordance with Client Money Laws and Regulation

Enjoy competitive spreads, fast execution, zero commissions, deep liquidity, and support wherever you are, whenever you want. We're here to help 7/24!

MogaFX provides clients with first-class education led by the most knowledgeable in the business. Access exclusive courses, seminars, webinars, online trading tutorials, and 1-on-1 mentoring with Australia’s trading professionals.

Trade comfortably with a risk management tool that prevents your account from going below zero. At MogaFX, we want you to trade safely, that's why we offer all our traders Negative Balance Protection.

When you trade with us, you will trade on two of the most trusted & reliable trading platforms in the world – MT4 or MT5.

Keep up to date with the markets with daily market analysis reports and expert commentary, delivered straight to your inbox by the trading professionals of Australia.

💰 Account currency: $ AUD $ USD £ GBP € EUR $ CAD
🚀 Minimum deposit: From $100 USD
⚖️ Leverage: Up to 1:500 (Max account) Products Offered: Forex, metals, energies, commodities, cryptos & indices
💱 Spread: Average spread for EUR/USD is 0.0 pips Commission: $3.5 USD per lot / per side
🔧 Instruments: Currency pairs (60+), CFDs on stocks (70+), indices (10), metals (4), energy resources (5)
💹 Headquarters and License
Registered St.Vincent and Grenadines company (Moga / SV) FSA: 532LLC2020. MOGA International Group LIMITED (MOGA NZL) is a registered New Zealand company (FSP1002414).,  Address:  23 Raith Avenue, Southgate, London N14 7DU, England.

2023 MOGA Losable Bonus Bountiful bonus for you to claim

Terms and Conditions:

  • The losable bonus can only be a single-time and non-accumulative deposit. But if the deposit can’t be done single time and needs to split into multiple times, it can be viewed as a single-time deposit under the circumstances that it is done in one day and there’s no trading lot being made.
  • If there is a withdrawal after the bonus is rewarded, then the bonus will be deducted by the bonus ratio according to the withdrawal amount (10%, 15% or 20%). If the account net balance drops below the minimum required deposit after the withdrawal ($500 for 10%, $5,001 for 15%, $10,001 for 20%, contact account manager for over $20,001), all bonus will be canceled.
  • Each account can only participate in the promotion once. If you want to participate in this promotion multiple times, please open a sub-account.
  • The bonus is against deficit, and it will be deducted from your account after the promotion. Should you lose all funds in an account, the losable bonus can still be used to trade.
  • The losable bonus is for trading only. It cannot be withdrawn or intra-transferred to another account.
  • If all positions are closed and the bonus faces a 90% losing or above, it is considered to be used out. MOGA will then delete the bonus.
  • This promotion is only available for standard account and VIP account. MAM account and those accounts which hold extra spread and commission conditions are not eligible for this offer.
  • MOGA will take back the bonus, all profits and commission earned if the bonus is abused for abnormal trading of speculation or irregular commission collection. Discretion of above abnormal trading is owned by MOGA technical team, and MOGA technical team reserves the right at its sole discretion.
  • This promotion cannot be used in conjunction with other promotions of MOGA, and is ONLY for clients under St. Vincent regulation.
  •  MOGA reserves the rights of final interpretation for this promotion.

MogaFX is a modern multi-asset broker empowering client worldwide to trade in premium trading conditions, with industry-leading education and cutting-edge trading tools. Offering a wide range of assets to trade: Forex Currencies, Indices, and Commodities to trade on the popular MetaTrader 4 and MetaTrader 5 platform.

We operate globally, and are regulated in some of the top finance markets around the world including the Australian Securities and Investment Commission and the Financial Services Authority St Vincent & The Grenadines (SGVFSA), providing our clients with a safe trading environment.

Dedicated Account Manager

Providing your personal support and service.

Premium Educational Resources

A big selection of tools for all levels to help you advance as a trader.

Australian Regulated

Operating across global financial centres, we have locations in both St Vincent&The Grenadines and Sydney.

Moga Australia is regulated by Australian securities and investment commission.

Negative Balance Protection

Trade confidently and with the peace of mind that your losses cannot exceed your account balance.

Ultra-Fast Execution

Allowing super-fast one-click trading.

When you trade with MogaFX, you choose from two of the most trusted & most reliable trading platforms in the world – MT4 and MT5. Both available to run via Web Trader and mobile apps enabling syncing across all of your devices for a seamless trading experience. Letting you trade anywhere and anytime.

Available Instruments

Forex

Enter the world's largest and most liquid financial market and trade currency pairs.

Commodities

Diversify your portfolio, trade precious metals, oil and more.

Indices

Trade on some of the major global indices around the world.

CFDs

Trade Contracts for Difference (CFDs) and access a wide selection of products with competitive spreads.

Trading Foreign Exchange Currency Pairs (FX / FOREX) and/or Contracts for Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors.

Moga International Group LLC Product Disclosure Statement (PDS) and Financial Services Guide (FSG) are available on our website. Consideration should be given to your level of experience, knowledge of financial markets, understanding of FX and CFD derivatives including margin, leverage, risk management, as well as trading techniques and methods. Moga International Group LLC provides general advice only that does not take into account financial situation, needs or individual investment objectives and it is recommended that you seek independent advice as required. The information contained here is general in nature, provided without reference to your past, present or future financial situation.

This information is general in nature and does not constitute advice or a recommendation to act upon the information or an offer. Moga International Group LLC Terms and Conditions are available on our website and Privacy Policy can be viewed.

The financial products therein are issued and provided by Moga International Group LLC, a registered St.Vincent and Grenadines company (Moga / SV) FSA: 532LLC2020. MOGA International Group LIMITED (MOGA NZL) is a registered New Zealand company (FSP1002414), providing financial services complied with the requirements of the legislation.

Moga International Group Pty Ltd (ACN 69 620 723 757), holds an Australian financial services licence (AFSL No. 501156 ) to carry on a financial services business in Australia limited to the financial services covered by its AFSL.

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