Home -

Main body -

WikiFX Express

MIC-Some Important Details about This Broker

MIC | 2024-11-29 17:01

Abstract：Multi Investment Company Ltd (MIC) is a company registered in Saint Vincent and the Grenadines. It offers six accounts for clients, with a spread starting from 0.5 pips through the Meta Trader 4 trading platform. However, it is not regulated by any financial authority. And the information on leverage, deposit, and withdrawal is not provided.

Note: MIC's official website: https://micfx.co/home is currently inaccessible normally.

MIC Review Summary
Founded	1993
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Not Regulated
Demo Account	Not Mentioned
Spread	Starting from 0.5 pips
Trading Platform	Meta Trader 4
Customer Support	support@micfx.co

MIC Information

Multi Investment Company Ltd (MIC) is a company registered in Saint Vincent and the Grenadines. It offers six accounts for clients, with a spread starting from 0.5 pips through the Meta Trader 4 trading platform. However, it is not regulated by any financial authority. And the information on leverage, deposit, and withdrawal is not provided.

Pros and Cons

Pros	Cons
Support Meta Trader 4	Lack of regulation
Offers six account types	Limited information on leverage, deposit and withdrawal
Flexible spread starting from 0.5 pips

Is MIC Legit?

MIC is not regulated by any financial authority.

Account Type

Multi Investment Company Ltd offers a total of six trading accounts to accommodate different traders trading needs. You can refer to the table for the spread of each account.

Account Types	Minimum Deposit	Minimum Spreads
Classic Account	N/A	From 1.5 pips
Standard Account	N/A	From 0.5 pips
Advanced Account	N/A	From 1.0 pips
Business Account	N/A	From 2.0 pips
Swap-Free Account	N/A	From 1.5 pips
ECN-PRO	N/A	From 1.0 pips

MIC Fees

MIC offers minimum spreads starting from 0.5 pips.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Meta Trader 4	✔	PC and Mobile	Investors of all experience levels

Forex trading Forex Broker

Related broker

No Regulation

MIC

Company name：Multi Investment Company Ltd

Score

1.46

Website：https://micfx.co/home

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.46

Doo Financial Expands Regulatory Reach with Offshore Licenses in BVI and Cayman Islands

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).

Original 2024-12-25 18:54

Why is there so much exposure against PrimeX Capital?

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.

Original 2024-12-25 18:24

The Hidden Checklist: Five Unconventional Steps to Vet Your Broker

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.

Original 2024-12-24 16:56

Doo Financial Obtains Licenses in BVI and Cayman Islands

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).

Original 2024-12-24 16:54