[gtranslate]

At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase

MIFX.com

Welcome to this comprehensive review of MIFX.com, a reputable forex broker that has been in the financial services industry since 2000. With its headquarters situated in the bustling city of Jakarta, Indonesia, MIFX provides a robust platform for forex trading, offering its clients a diverse selection of trading options. These options range from forex currency pairs, indices, commodities to precious metals such as gold and silver, and even oil. MIFX operates on the renowned MT4 platform and also provides a mobile trading platform for those who prefer to trade on the go. The broker allows a minimum trade size of 0.01 and offers a maximum leverage of 100:1. To start live trading, MIFX requires a minimum deposit of $500. Regulated by BAPPEBTI, MIFX also supports a variety of trading conditions, including the use of Expert Advisors (EAs), news trading, and scalping. The broker also facilitates both deposit and withdrawal through bank wire transfers. Despite its established status and diverse offerings, the details regarding the countries prohibited from trading with MIFX remain unknown. As always, potential clients are encouraged to conduct thorough research before opening an account. Stay tuned as we delve deeper into the operations, offerings, and performance of MIFX.com.

Review MIFX.com

MIFX.com is a well-established forex broker, having been in operation since the year 2000. The company is headquartered at the Sahid Sudirman Center in Jakarta, Indonesia, and offers a wide range of trading options for personal investment. This includes over five forex currency pairs, commodities, indices, gold, silver, and oil.

Trading Platforms

MIFX.com provides its clients with the renowned MetaTrader 4 (MT4) platform, known for its user-friendly interface, advanced charting capabilities, and automated trading features. Additionally, they offer a mobile trading platform for those who prefer to trade on-the-go. The mobile platform offers full functionality, providing access to trading instruments, real-time quotes, and the ability to execute trades from anywhere.

Account Specifications

At MIFX.com, the minimum trade size is set at 0.01, with a maximum leverage of 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. This flexibility allows traders of different styles and strategies to operate comfortably.

Deposit and Withdrawal Methods

MIFX.com supports Bank Wire as the primary method for both deposits and withdrawals. This ensures secure and reliable transactions, although the processing time may vary depending on the bank.

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. This regulatory oversight provides 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, which adds credibility to its operations. However, it's always recommended for traders to conduct their own thorough research before investing.

Safety Check

MIFX.com operates under regulatory oversight, which provides a level of security for its clients. However, the safety of funds also depends on the individual's trading decisions and risk management strategies.

FAQs

What is the minimum deposit to open a live account at MIFX.com?
The minimum deposit to open a live account is $500.

What platforms does MIFX.com offer for trading?
MIFX.com offers the MT4 and Mobile trading platforms.

Is MIFX.com a regulated broker?
Yes, MIFX.com is regulated by BAPPEBTI in Indonesia.

This review 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.

MIFX.com Review: Forex Trading with MT4 & Mobile Platforms

forexroboteasy.com

Write review
Reviews
1

3 total

5 stars

0%

4 stars

0%

3 stars

0%

2 stars

0%

1 stars

0%

Sort:
Most relevant
Hadi Drs

1 review

12 months ago

Unveiling the MIFX.com Scam: A Must-Read for Traders

Navigating the tumultuous waves of online trading can be both exciting and challenging. Replete with a combination of opportunities and risks, the trading industry is also a sad playground for numerous scams. In this light, it becomes crucial to shed some spotlight on a dubious player - MIFX.com. Our deep dive into this questionable broker has raised red flags that all traders must be wary of. One of the primary issues with MIFX.com lies within their server setup. Unlike renowned brokers who provide transparency, the foundations of MIFX.com are murkier. The company’s trading operations reside on a server that they have full control over. This allows them to manipulate data and results to their advantage, which raises the first alarm. Users initially report positive experiences. They prevail with small trading wins, their profit margins tantalizingly promising. This beginner's luck phase often lures unsuspecting investors into a false sense of security. With hope gleaming in their hearts and dollar signs flashing in their eyes, traders then significantly amp up their investments. Ironically, this is where the MIFX.com's sly scam begins to unfold. Under the pretense of exponential profit growth, the company baits traders into injecting significantly more capital into their accounts. The promise of higher profit levels with additional investment reels traders further into the trap. Just as pleasantly as it started, things swiftly descend south. Traders begin registering losses, often seeing their extensive resources depleted. Their money doesn’t just disappear; it evaporates, leaving barren accounts and frantic, shocked investors. The manipulative cycle then ends on a note of bitter disappointment and substantial financial losses. To put it plainly, MIFX.com deploys a classic bait-and-switch strategy. They provide initial gains, hooking traders with the appeal of more profits before leading them into significant losses. This unethical operation is a stark reminder that not all that glitters in the trading world is gold. In conclusion, brilliancy in online trading lies in a blend of skillful trading and choosing trustworthy brokers. As this review underscores, MIFX.com conspicuously lacks the trust factor. So, when trading online, you'd be better served to steer clear of such misleading platforms in favor of more renowned and reliable brokers. Remember – it’s your hard-earned money at stake. Choose wisely.

12 months ago

Exposing MIFX.com: A Detailed Review on Scam Broker Practices

Beware traders and investors, MIFX.com is not as it seems. This thorough review is designed to unmask the deception—the real face behind the false promises of robust profits and seamless transactions is nothing but a rigged scheme. Entering the world of trading is not without risks, but when those risks involve scam brokers like MIFX.com, traders are left with more than just monetary loss. They experience a trust deficit, a disillusionment that sends shockwaves across their faith in digital platforms. I stand here, compelled to expose the reality. One glaring red flag is the requirement for all transactions to be carried out on MIFX.com's server. While this could be presented as a security measure, it gives them unchecked control over every monetary exchange. This is the kind of control that could easily exploit vulnerabilities and misuse user's hard-earned money. After onboarding a trader, MIFX.com often ensures an initial profit. The profit, albeit little, gives an unreal portrayal of profitable investment, luring the trader into the trap. Once hooked, the trader is persuaded to invest "much more money for greater profit.” Now here comes the disheartening part, the money vanishes, and an unrealistic Margin Call (MC) is effected. The trader's hope of making more profits is shattered—replaced by the bitter reality that they have been scammed. With every lost penny, every unfulfilled promise, the trader is left with a stark realization that MIFX.com is not a platform designed for their success, but a place to scheme, to conn, to malignantly exploit unsuspecting individuals. The revelation about MIFX.com is not just shocking but a wake-up call for traders. This review seeks to create awareness about such broker scams and promote a more cautious approach in navigating the world of online trading. Always do your research, ask questions, take referrals, and most importantly, be vigilant.

asadhbuhary

1 review

12 months ago

Unveiling MIFX.com: A Cautionary Tale for Traders

Exposing the unscrupulous behavior of 'alleged' scam brokerage platforms is a matter imperative to the well-being of the trading community. In today's review, our critical focus is on MIFX.com, a platform that has left traders swimming in a whirlpool of frustration and financial loss. At the heart of any trading relationship lies the server where all financial transactions are made. The control and integrity of this server are paramount to fair and transparent trading. However, MIFX.com stands accused of manipulating this vital component, severely compromising its user base. Initially, traders on MIFX.com experience enticing profits, deliberately designed to build trust and credibility. These initial profits lull traders into a false sense of security that strategically encourages them to invest greater amounts of money, blinded by the mirage of exponential returns. Here’s when the cruel twist unfolds. Alluring promises of higher profits are swiftly washed away by a brutal wave of losses. Out of the blue, the margin calls (MC) start to occur more frequently, your once-prosperous account becomes a barren wasteland, with funds wiped out, leaving traders helpless and distraught. The tale of MIFX.com serves as a stern reminder to traders to remain vigilant and conscientious with their investments. As charming as the promise of high profits may be, it is crucial to scrutinize the broker's server control, security measures, and reputation before plunging headfirst into trading. This story underscores that greed, coupled with lack of caution, can lead to disastrous consequences. This review does not seek to discredit MIFX.com without just cause but aims to raise awareness and encourage traders to proceed with caution when navigating the turbulent waters of online trading platforms.