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Mifx review

Mifx review: regulation (Yes), minimum deposit 100, leverage up to 1:500, platforms and current bonuses.

Open account
Minimum deposit100
Max. leverage1:500
Spread from2.0
Founded2014

Trading conditions

Broker type
ECN ,STP
Minimum deposit
100
Maximum leverage
1:500
Minimum spread
2.0
Platforms
MetaTrader 4 (MT4)
Account currencies
USD, GBP, EUR

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Bank Transfer Credit Card , Visa, MasterCard
Withdrawal methods
Bank Transfer Credit Card , Visa, MasterCard

Company

Regulation
Yes
Founded
2014
Country
Indonesia
Address
JakartaContact FormPesanMenara Ravindo Lt.8Menara Ravindo Lt. 8Jl. Kebon Sirih Kav. 75,Jakarta 10340
Website languages
English , Bahasa
Phone
021-3150607

Mifx pros and cons

Pros

  • Regulated by Yes
  • Low minimum deposit: 100
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4 (MT4)

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

Mifx FAQ

Is Mifx a safe and regulated broker?

Mifx was founded in 2014 and is regulated by Yes. Client funds are held in segregated accounts. Your protection depends on which Mifx entity opens your account.

What is the minimum deposit at Mifx?

The minimum deposit at Mifx is 100. Payment providers may set their own minimum amount.

What is the maximum leverage at Mifx?

Mifx offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does Mifx offer a no deposit bonus?

No. Mifx does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does Mifx offer?

Mifx supports MetaTrader 4 (MT4). Mobile trading is available.

Does Mifx allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does Mifx offer an Islamic (swap-free) account?

Yes. Mifx offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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Mifx – NoOpen account