The Company

Founded in 2011, Mocaz Financial Markets claims to be a pure STP brokerage offering trading in a number of currency pairs and various CFDs. Apart from the popular MetaTrader 4, It utilizes advanced autotrading feature, as well as two additional ECN platforms. Behind this brand is Mocaz Financial Markets Limited, a company registered in the St. Vincent and the Grenadines.

The company used to be regulated by the New Zealand’s Financial Markets Authority (FMA), however it revoked its NZ license in in February 2015. The broker then announced it is seeking new jurisdiction to run their business, however, currently it still is unregulated. In other words, if you intend to invest a large amount of money, we would advise you to select among brokers, duly authorized and regulated by ASIC, CySEC, or UK’s FCA for instance, where your funds will be safe.

Company Overview

Company Name
Mocaz Financial Markets Limited
Headquarters
Suit 305 , Griffith Corporate Centre , P.O. Box 1510 , Beachmont , Kingstown , ST. Vincent and the Grenadines
Website
mocaz.com
Regulation
FMA
Trading Instruments
Forex , Commodities , CFDs
Trading Platform
MT4 (desktop , mobile)
Deposit /
Withdrawal
Visa/Mastercard , Neteller , Skrill , Wire Transfer , Local Transfer
Bonus
No Bonus
Services
Zero Fees , ACTR , Autocopy Trade
Customer Service
Live Chat

Trading Accounts

Account type
Minimum deposit 
Minimum trade size
 Maximum leverage
Spreads (& commission)
EAs 
Autocopy Trade
Basic Micro
$10
0.01
1:500
From 2 pips
Enabled 
Disabled
Basic Mini
 $100 
0.01
1:300
From 2 pips 
Disabled 
Enabled
Premium Mini 
$250
0.01
1:300
From 1.2 pips + commission $8 per lot
Enabled
Enabled
Premium Standard
$1 000 
0.1 
1:300
From 1 pips + commission $7 per lot
Enabled 
Enabled 
Pro Standard
$10 000
0.1
1:300
From 0.8 pips
Enabled 
Enabled 
ECN 
$5 000 
0.1
1:200
From 0.2 pips + commission $5 per lot 
Enabled 
Disabled

While most brokers usually offer several account types, Clients of Mocaz Financial Markets are offered a choice of 6 account types: Micro, 2 Mini, 2 Standard, as well as ECN one. Maximum leverage available varies by account types, reaching 1:500, and micro lots are offered on mini & micro accounts. With this broker, all accounts are swap-free (Islamic) by default.

Besides, Mocaz Financial Markets offers advanced autotrading feature that allows you to automatically copy any trade made by other traders (master account) with a selected condition in lot size, take profit and stop loss area. AutocopyTrades will be automatically executed in MetaTrader 4 trading platform and are available to all account type holders, except ECN ones.

ECN account holders, however, are able to use 2 additional trading platforms: Netstation and ClearPro. Mocaz Financial Markets has set a low minimum initial deposit requirement  ($10) and offers high leverage levels, reaching 1:500. Nonetheless, many forex brokers offer leverage equal to or exceeding 1:500.

*Risk Warning: Forex and CFD trading involves significant risk to your invested capital.