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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Miki Forex

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.mikiforex.com/en

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

United States United States 2.43
Surpassed 15.80% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://www.mikiforex.com/en

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
Miki Forex
Email
info@mikiforex.com
Account Info
Business Region
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

Top Visitor Locations
RussiaRussia
  • mikiforex.com
    217.12.199.73
    Server Location
    Ukraine Ukraine
    ICP Registration No.
    --
    Top Visitor Locations
    Russia Russia
    Creation Date
    2012-10-14
    Website Name
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

Company Profile

Company Profile

Review summary

Miki ForexReview Summary
Founded2007
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, CFDs, Metals
Demo AccountNot mentioned
LeverageUp to 1: 500
SpreadStarting from 0.5 pips
Trading PlatformMobius Trader 7
Min Deposit$20

Miki Forex Information

Miki Forex, founded in the United Kingdom in 2007, is a brokerage that offers many trading assets including forex, CFDs, and metals. Meanwhile, the brokerage provides three different account types, competitive leverage options up to 1:500, a flexible spread starting from o,5 pips, and a user-friendly trading platform of Mobius Trader 7. However, Miki Forex's operation is not regulated by any authorities.

Miki Forex Information

Pros and Cons

ProsCons
  • High leverage up to 1: 500
  • Lack of regulation
  • Offers three account types
  • No access to MetaTrader 4/5
  • Offers a user-friendly trading platform of Mobius Trader 7
  • Limited information on withdrawal

Is Miki Forex Legit?

CentralFx Markets is not regulated by any major financial authorities, meaning there is no guarantee that it is a safe platform to trade with.

Is Miki Forex Legit?

What Can I Trade on Miki Forex?

Miki Forex offers many tradable assets including forex, CFDs, and metals.

Tradable InstrumentsSupported
Forex
Metals
CFDs
Shares
Options

Account Type

Miki Forex offers three account types. The Standard Account requires a minimum deposit of $1,500 with leverage of 1:200 and spreads starting from 0.5 pips, making it suitable for those looking for cost-effective trading. Miki Forex's Mini Account offers traders a more accessible entry point with leverage of 1:200, a lower minimum deposit of $200, and spreads starting from 0.8 pips. The Micro Account offers a high leverage of 1:500 and an incredibly low minimum deposit of $20.

Account TypeStandardMiniMicro
Leverage1:2001:2001:500
Minimum Deposit$1,500$200$20
Minimum Spreadfrom 0.5 pipsfrom 0.8 pipsfrom 1 pip
ProductsForex, CFD, MetalsForex, CFD, MetalsForex, CFD, Metals
Minimum Position10.10.01
Supported EAYesYesYes

Miki Forex Fees

Miki Forex's three accounts have different spreads. You can check each of them below.

Account TypeStandardMiniMicro
Minimum Spreadfrom 0.5 pipsfrom 0.8 pipsfrom 1 pip

Miki Forex Leverage

Miki Forex offers different leverage options for traders across different account types. You can refer to the table.

Account TypeStandardMiniMicro
Leverage1:2001:2001:500

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Mobius Trader 7 trading platformPC and MobileInvestors of all experience levels
MetaTrader 4/5PC and MobileInvestors of all experience levels

Deposit and Withdrawal

Miki Forex's minimum deposit requirement is different across the chosen account type. However, the information on the fees of deposit and withdrawal is not mentioned.

Account TypeStandardMiniMicro
Minimum Deposit$1,500$200$20

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

How safe is trading with Miki Forex?

Miki Forex operates as an unregulated entity, representing a severe risk warning for potential clients. Trading with this broker is a high-risk proposition, as the complete absence of credible regulatory oversight means there is no protection for client funds and no independent mechanism for dispute resolution.

04-02
United States

Where is Miki Forex registered?

Miki Forex is registered in the United Kingdom, where it has been in operation for 5 to 10 years.

04-02
United States

Is Miki Forex suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose Miki Forex or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with Miki Forex?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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