Score

1.54 /10
Danger

Miki Forex

United Kingdom

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

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

Miki Forex

Company Abbreviation

Miki Forex

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Miki Forex · Company summary
Miki ForexReview Summary
Founded2007
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, CFDs, Metals
Demo AccountNot mentioned
LeverageUp to 1: 500
SpreadStarting from 0.5 pips
Trading PlatformMobius Trader 7
Min Deposit$20

Miki Forex Information

Miki Forex, founded in the United Kingdom in 2007, is a brokerage that offers many trading assets including forex, CFDs, and metals. Meanwhile, the brokerage provides three different account types, competitive leverage options up to 1:500, a flexible spread starting from o,5 pips, and a user-friendly trading platform of Mobius Trader 7. However, Miki Forex's operation is not regulated by any authorities.

Miki Forex Information

Pros and Cons

ProsCons
  • High leverage up to 1: 500
  • Lack of regulation
  • Offers three account types
  • No access to MetaTrader 4/5
  • Offers a user-friendly trading platform of Mobius Trader 7
  • Limited information on withdrawal

Is Miki Forex Legit?

CentralFx Markets is not regulated by any major financial authorities, meaning there is no guarantee that it is a safe platform to trade with.

Is Miki Forex Legit?

What Can I Trade on Miki Forex?

Miki Forex offers many tradable assets including forex, CFDs, and metals.

Tradable InstrumentsSupported
Forex
Metals
CFDs
Shares
Options

Account Type

Miki Forex offers three account types. The Standard Account requires a minimum deposit of $1,500 with leverage of 1:200 and spreads starting from 0.5 pips, making it suitable for those looking for cost-effective trading. Miki Forex's Mini Account offers traders a more accessible entry point with leverage of 1:200, a lower minimum deposit of $200, and spreads starting from 0.8 pips. The Micro Account offers a high leverage of 1:500 and an incredibly low minimum deposit of $20.

Account TypeStandardMiniMicro
Leverage1:2001:2001:500
Minimum Deposit$1,500$200$20
Minimum Spreadfrom 0.5 pipsfrom 0.8 pipsfrom 1 pip
ProductsForex, CFD, MetalsForex, CFD, MetalsForex, CFD, Metals
Minimum Position10.10.01
Supported EAYesYesYes

Miki Forex Fees

Miki Forex's three accounts have different spreads. You can check each of them below.

Account TypeStandardMiniMicro
Minimum Spreadfrom 0.5 pipsfrom 0.8 pipsfrom 1 pip

Miki Forex Leverage

Miki Forex offers different leverage options for traders across different account types. You can refer to the table.

Account TypeStandardMiniMicro
Leverage1:2001:2001:500

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Mobius Trader 7 trading platformPC and MobileInvestors of all experience levels
MetaTrader 4/5PC and MobileInvestors of all experience levels

Deposit and Withdrawal

Miki Forex's minimum deposit requirement is different across the chosen account type. However, the information on the fees of deposit and withdrawal is not mentioned.

Account TypeStandardMiniMicro
Minimum Deposit$1,500$200$20

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FX1338749686
more than one year
This Miki Forex, hateful platform, although I told them that I can manage my trades myself, they still closed all my open positions for no reason. I don’t what the hell with this **** broker. Now losses are not that important and I’d like to report it.
This Miki Forex, hateful platform, although I told them that I can manage my trades myself, they still closed all my open positions for no reason. I don’t what the hell with this **** broker. Now losses are not that important and I’d like to report it.
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2023-03-13 11:36
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