Abstract:Micfx Global Limited (“MICFX”) is an international online futures contract trading platform, mainly engaged in futures, price difference contracts, precious metals, energy, etc. Micfx Global Limited has so far provided services to more than 200,000 traders from more than 180 countries. Micfx Global Limited is headquartered in the financial city of New York City, USA. The Group has branches and agents in the United States, Vanuatu Hong Kong, Australia, the Cayman, Cyprus, etc.
General Information & Regulation
Micfx Global Limited (“MICFX”) is an international online futures contract trading platform, mainly engaged in futures, price difference contracts, precious metals, energy, etc. Micfx Global Limited has so far provided services to more than 200,000 traders from more than 180 countries. Micfx Global Limited is headquartered in the financial city of New York City, USA. The Group has branches and agents in the United States, Vanuatu Hong Kong, Australia, the Cayman, Cyprus, etc.
Market Instruments
MICFX offers access to a wide range of asset classes, including forex currency pairs, precious metals, crude oil, indices.
Minimum Deposit
In terms of minimum initial deposit requirement, MICFX does not make this part clear.
Leverage
The maximum trading leverage offered by MICFX is up to 100:1, which can almost satisfy most traders trading strategy.
Spreads & Commissions
As of February 24th, 2019, the spread on the EURUSD pair offered by MICFX is 2.6 pip, GBP/USD pair 3 pips, GBP/USD 3 pips, XAU/USD 5 pips, XAG/USD 5 pips.
Trading Platform Available
MICFX offers the famous MT4 trading platform. MT4 is a very professional platform, which not only allows customers to trade frequently, but also has powerful technical analysis, mapping and modeling tools to help customer analyze the latest quotation and trends. At the same time, MICFX also provides simulation account to help customer under standard the transaction knowledge and familiar with operations process.
Deposit & Withdrawal
MICFX provides a variety of ways in and out of the fund, including Credit Card, Debit Card, Wire Transfer, China Union Pay, etc.
Customer Service
The MICFX customer support can be reached through phone number: 16025701709, as well as email: server@micfxm.com or micfxgloabl2@gmail.com. Address: 7535 E Hampden Ave, Suite 600, Denver, CO 80231, United States.
Restricted Regions
Accounts opened by residents from the United Arab Emirates will not be accepted.
Admirals restarts EU client onboarding after a 2024 pause, enhancing compliance with CySEC regulations while aiming to boost its forex and CFD market presence.
Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
WNS Trade Limit, established in 2023, is a forex broker incorporated in Mauritius under registration number C200345. The company operates under the jurisdiction of the Financial Services Commission (FSC) of Mauritius, holding license number GB232201953.