MTXPlus is a brokerage established in 2014, headquartered in Cyprus. This editorial review walks through regulation, platforms, fees, and who MTXPlus is best suited for. The assessment is based on publicly disclosed information and is intended as a starting point for your own due diligence — always demo-test and verify the regulated entity you will be onboarded to.
It is supervised by the following authorities according to its public disclosures: CySEC. Broker oversight matters because regulators enforce capital adequacy, segregated client accounts and transparent pricing disclosures. Where multiple regulators are involved, identify which entity holds the contract for your jurisdiction.
The supported trading platforms include: MetaTrader 4, Sirix. Each platform has trade-offs in charting depth, automation support and order types — pick the one that matches your strategy rather than what is marketed loudest.
Advertised spreads at MTXPlus start from Undisclosed on major pairs under typical liquidity conditions. Spreads always widen around news events, market open/close and during low-liquidity sessions — assume realistic, not advertised, spreads when sizing positions.
Maximum leverage is described as Varies by jurisdiction and account type, subject to the regulator and account profile.
The published minimum deposit is 250 as of the latest editorial review. MTXPlus markets Varies by account type, which determines the breadth of strategies you can run on a single account.
Supported channels include: Credit/Debit Cards, Bank Wire Transfer, E-wallets. Processing times and fees vary by method and region; e-wallets typically clear faster than bank wires. Confirm the cut-off times in the client portal before initiating large transfers.
Pros
Cons
This editorial assessment of MTXPlus is intended to highlight what the broker publicly discloses and where to focus your own due diligence. Demo-test the platform, verify the regulated entity you will onboard to, and review the fee schedule before funding an account. Past performance and broker reputation are not a substitute for hands-on testing.
Disclaimer: Forex trading involves significant risk. Past performance does not guarantee future results. Always verify a broker's regulatory status before depositing funds
Day trader here. The latency from my VPS to MTXPlus's servers is low enough for my scalping system. The MetaTrader 4 build feels stable on my setup. I had one issue with a delayed withdrawal that turned out to be a banking holiday on my side, not the broker. Would have been a 5/5 if the mobile alerts were more configurable.
Came to MTXPlus after frustrations with my previous broker's withdrawal delays. So far, every cash-out has cleared within the documented window. The 250 entry point made it easier to start small. The dashboard surfaces account analytics — daily P&L, win rate, average hold time — that I used to have to compile manually in a spreadsheet. Small thing but it saves me time every week.
Algorithmic trader running a portfolio of EAs. The MetaTrader 4 build feels stable on my setup. Connection stability has been excellent over the last quarter — no unexplained disconnects. The commission structure is straightforward to model in backtests. Account manager reached out proactively after a deposit, which I appreciate without it feeling pushy.
Used MTXPlus for about eight months. The platform is reliable and the spreads are advertised honestly — what you see is mostly what you get during normal market hours. The 250 entry point made it easier to start small. A small deduction in the rating because the educational content feels recycled rather than original, but that's a minor gripe.
Tested MTXPlus's raw spread account and the EUR/USD pricing is competitive during liquid hours. Regulatory cover from CySEC was a deciding factor for me. The onboarding portal is modern and the document upload worked first try. I keep a separate broker for redundancy, but this one is now my primary for major currency pairs.
Active swing trader, mostly indices and gold. The execution at MTXPlus during Asian session opens has been clean — the gap fills behave as expected without weird spikes that would stop me out. Regulatory cover from CySEC was a deciding factor for me. Margin requirements are clearly displayed before order entry, which I appreciate. Charting tools cover everything I need without being overwhelming.

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