Abstract:Mishov Forex is a Turkey-based forex broker offering its clients related trading services through the MT5 trading platform. Please note that Mishov Forex is an unregulated offshore forex broker, and trading with this broker needs to take extra vigilance.
General Information
Mishov Forex is a Turkey-based forex broker offering its clients related trading services through the MT5 trading platform.
Please note that Mishov Forex is an unregulated offshore forex broker, and trading with this broker needs to take extra vigilance.
Market Instruments
Mishov Forex only offers forex trading services, with 45 currency pairs traded on this platform.
How to open an account with Mishov Forex?
Both live and demo account can be opened easily with the Mishov Forex platform. A demo account is here for beginners to get a feel of this platform and practice their trading skills. To open a live account, a few steps are listed below:
1. Click on the “Open an account” link on the homepage of the Mishov Forex website.
2. Fill in some required details and upload your personal document for verification.
3. After approval, your account will be registered successfully.
4. Fund your account and start to trade on this platform.
Spreads & Commissions
MISHOV FOREX hypes that it offers extremely competitive spreads, starting at 0.0 pips.
Leverage
When it comes to leverage, GF Markets permits traders to use leverage of up to 1:200, which is significantly higher than the levels regarded appropriate by many regulators.
Bear in mind that high leverage is not necessarily the good thing, as it can magnify gains as well as losses.
Trading Platform
MISHOV FOREX offers its clients the access to popular MT4 trading platform that can be available for Desktop, Mobile and Web terminals.
The MT4 is the preferred trading platform for its user-friendly interface and customizable features, as well as EA supported. Everything you need to begin trading on the financial markets, including all of the above features, is available in a single, convenient interface.
Payment Methods
MISHOV FOREX allows its clients to make a deposit and withdrawal through multiple payment methods, including VISA, MasterCard, Bank Transfer, Perfect Money, Skrill and Neteller, WebMoney.
Customer Support
Traders can reach out to MISHOV FOREX about any questions or concerns they may have about their accounts or their trading through the following methods:
Telephone: +90 212 450 0491
Email: support@mishovforex.com
Registered Company Address: Sultaniye Mah. Dogan Arasli Blvd. HANPLUS IS MERKEZI, K6, D194, Esenyurt, Istanbul, TURKEY
Or you can follow this brokerage house on some social media platforms, such as Facebook, Linkedin, Twitter, Instagram, Telegram.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
According to the report, Doo Group, a prominent Singapore-based online brokerage firm, has strengthened its global presence by securing new offshore licenses for its brokerage brand, Doo Financial. The company recently announced that entities under the Doo Financial umbrella have been granted licenses by two key offshore regulatory bodies: the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).