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MIFX.com is an established forex broker, operating since the year 2000. The company is headquartered at the Sahid Sudirman Center in Jakarta, Indonesia, and offers various trading options for personal investment, including over five forex currency pairs, commodities, indices, gold, silver, and oil.
Trading Platforms
MIFX.com provides clients with the renowned MetaTrader 4 (MT4) platform, known for its user-friendly interface, advanced charting capabilities, and automated trading features. They also offer a mobile trading platform for on-the-go trading, offering full functionality and access to trading instruments and real-time quotes.
Account Specifications
At MIFX.com, the minimum trade size is 0.01, and the maximum leverage is 100:1. To open a live trading account, a minimum deposit of $500 is required. The company supports a variety of trading conditions, including the use of Expert Advisors (EAs), news trading, and scalping.
Deposit and Withdrawal Methods
MIFX.com supports Bank Wire as the primary method for deposits and withdrawals, ensuring secure and reliable transactions, although processing time may vary.
Regulation and Safety
MIFX.com is regulated by BAPPEBTI, the Commodity Futures Trading Regulatory Agency in Indonesia, under license number 178/BAPPEBTI/SI/I/2003, providing an additional layer of security and trust for its clients.
Pros and Cons
Pros:
- Established and regulated forex broker
- Variety of trading options
- MT4 and mobile trading platforms
- Flexible trading conditions
Cons:
- $500 minimum deposit to open a live account
- Bank Wire as the only supported transaction method
Scammer or Not?
MIFX.com has been operating for over two decades and is regulated by a recognized financial authority, adding credibility to its operations. However, it’s recommended for traders to conduct their own thorough research.
Safety Check
MIFX.com operates under regulatory oversight, providing security for its clients. However, fund safety also depends on individual trading decisions and risk management strategies.
FAQs
What is the minimum deposit to open a live account at MIFX.com?
The minimum deposit is $500.
What platforms does MIFX.com offer for trading?
MT4 and Mobile trading platforms.
Is MIFX.com a regulated broker?
Yes, by BAPPEBTI in Indonesia.
This is an independent analysis of MIFX.com. Users are encouraged to leave their feedback about their experience with the company on the forexroboteasy.com website. Remember, your trading experience may vary based on factors like your trading strategy, risk tolerance, and market conditions.
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