Score

2.12 /10
Danger

MILES CAPITAL

Mauritius

2-5 years

Suspicious Regulatory License

MT5 Full License

Global Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.97

Risk Management Index0.00

Software Index8.93

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Miles Capital Limited

Company Abbreviation

MILES CAPITAL

Platform registered country and region

Mauritius

Company website

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Company summary

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Warning: Low score, please stay away!
Previous Detection : 2026-02-16
  • This broker lacks valid forex regulation. Please be aware of the risk!

WikiFX Verification

MILES CAPITAL · Company summary
Miles Capital Review Summary
Founded2022
Registered Country/RegionMauritius
RegulationNo regulation
Market InstrumentsForex, shares, commodities, indices
Demo Account
SpreadFloating from 1.5 pips (Classic account)
Leverage Up to 200x
Trading PlatformMT5
Minimum Deposit$50
Customer SupportContact form
Email: info@milescap.com
Address: Premier Business Centre, 10th Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius; Centurion Star Building , B Block , Office No 801 , Opp Deira City Centre , Port Saeed, Post box 96974, Dubai - UAE.
Facebook, LinkedIn, Twitter, Instagram
Restricted AreasThe United States, Cuba, Iraq, Myanmar, North Korea, Sudan, Iran, Somalia, Syrian Arab Republic, Yemen, Republic of Congo

Miles Capital Information

Miles Capital is a brokerage company who mainly offers trading services in forex, share, commodities and indices. The company polish their trading services by offering value-added consultant, strategy and investment advice services.

It provides a demo account for practicing and MetaTrader 5 platform to enhance customer experience.

However, the broker is currently not being well-regulated by any official authorities, which degrades its credibility and trustworthiness.

Miles Capital's homepage

Pros and Cons

Pros Cons
MetaTrader 5 platformNo regulation
Low minimum depositNo live chat support
Demo accounts

Is Miles Capital Legit?

The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. Miles Capital is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose Miles Capital with caution.

No license

What Can I Trade on Miles Capital?

Tradable Instruments Supported
Forex
Shares
Commodities
Indices
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on Miles Capital?

Account Type & Fees

Miles Capital offers a demo account for traders to test their trading strategies before committing real money, thus to mitigate risks.

In addition, 3 tiered live accounts with different trading conditions are available, targetting various client groups:

Account TypeClassic AccountExecutive AccountPremium Account
Minimum DepositUSD 50USD 1000USD 10,000
Spread Floating from 1.5 pipsFloating from 1.2 pipsFloating from 0 pips
Commission From USD 6

Minimum trading volume is 0.01 lot and swap free, telephone trading and personal account manager are available for each account.

Classic account details

Leverage

Miles Capital sets maximum leverage level at 1:100 for metals and 1:200 for forex. Note that high leverage can amplify not only profits but also losses.

Trading Platform

Miles Capital also offers the industry-leading and reliable MetaTrader 5 platform, which has robust functionalities such as automate trading and technical analysis. This is undoubtedly shinning point of this company, but when choosing a broker to trade, you should always combine the highlights and lowlights.

Trading PlatformSupported Available Devices Suitable for
MT5Web/Windows/MobileExperienced traders
MT4/Beginners
MT5 platform

User Reviews

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User comment

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Comments

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Zebedee Pucklechurch
more than one year
Have to be honest, my experience with Miles Capital hasn't been great. The platform is kind of confusing, and it took me a while to figure things out. When I reached out to customer support for help, it took them forever to get back to me, and even then, they didn't seem to know much. Plus, some of the fees were way higher than I expected. I'm thinking of trying out other options because this just didn't work well for me."
Have to be honest, my experience with Miles Capital hasn't been great. The platform is kind of confusing, and it took me a while to figure things out. When I reached out to customer support for help, it took them forever to get back to me, and even then, they didn't seem to know much. Plus, some of the fees were way higher than I expected. I'm thinking of trying out other options because this just didn't work well for me."
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2023-12-06 11:09
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✨LL✨
more than one year
I've been using Miles Capital for a while now, and I just love how easy it is to manage my investments. The platform is super user-friendly, and whenever I had a question, their customer support team was quick to help and really friendly. They offer a lot of different ways to invest, which I appreciate. It's become my go-to for growing my money.
I've been using Miles Capital for a while now, and I just love how easy it is to manage my investments. The platform is super user-friendly, and whenever I had a question, their customer support team was quick to help and really friendly. They offer a lot of different ways to invest, which I appreciate. It's become my go-to for growing my money.
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2023-12-05 14:09
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