MIFX Account Type

MIFX offers several types of trading accounts to cater to different trading needs. The main account types available are:

• Standard Account:
• Minimum Deposit: IDR 500,000
• Spreads: From 0.2 pips
• Execution Type: Market Execution
• Products: Forex, Commodities, Indexes
• Features: Supports scalping, hedging, and expert advisors.
• Demo Account:
• Allows traders to practice trading strategies without financial risk.
• No minimum deposit required.
• Provides access to the same trading platform features as the live account.
• Islamic Account:
• Swap-free trading options are available for traders who adhere to Islamic finance principles.

MIFX Broker Account Opening Process

Opening an account with MIFX is a straightforward process that can be completed online. Here are the steps to follow:

• Visit the MIFX Website: Go to the official MIFX site to start the registration process.

• Select the Account Type: Choose the type of account you wish to open (Standard, Demo, or Islamic).

• Complete the Application Form: Fill out the required application form with your personal information, including:

• Full Name
• Email Address
• Phone Number
• Country of Residence
• Submit Required Documents: Prepare and upload necessary identification documents, such as:
• A copy of your ID or passport
• Proof of address (e.g., utility bill)

• Initial Deposit: For live accounts, make the minimum deposit of IDR 500,000 through available payment methods (bank transfer, local transfer).

• Account Verification: Wait for MIFX to verify your account. This may take a few hours to a couple of days.

• Start Trading: Once your account is verified, you can log in to the trading platform and start trading.

By following these steps, you can easily set up your trading account with MIFX and begin your trading journey.