MIFX Account Type

　　MIFX offers a range of live trading accounts tailored to cater to the diverse needs of traders. The account types available are:

• Ultra Account:
• Minimum Deposit: IDR 500,000
• Spreads: Starting from 0.2 pips
• Commission: $10 per lot
• Leverage: Up to 1:100
• Free Swap: Available
• Standard Account:
• Minimum Deposit: IDR 500,000
• Spreads: Starting from 1.8 pips
• Commission: $1 per lot
• Leverage: Up to 1:100
• Free Swap: Available
• Pro Account:
• Minimum Deposit: IDR 2,500,000,000
• Spreads: Starting from 1.8 pips
• Commission: $1 per lot
• Leverage: Up to 1:100
• Free Swap: Available
• Multilateral Account:
• Minimum Deposit: IDR 1,000,000
• Spreads: Starting from 0.6 pips
• Commission: $20 per lot
• Leverage: Up to 1:100
• Free Swap: Not available

　　MIFX also provides a demo account that allows traders to practice without the risk of losing real money, with a virtual fund of $10,000.

　　

MIFX Broker Account Opening Process

　　To open an account with MIFX, follow these steps:

• Visit the MIFX Website: Go to the official MIFX website.
• Click on “Open an Account”: Look for the “Open an Account” or “Sign Up” button on the homepage.
• Fill in the Application Form: Complete the online application form with accurate personal information, including your full name, contact details, and residential address. Identification documents may be required for verification.
• Read and Accept Terms and Conditions: Review the terms and conditions provided by MIFX and ensure you understand and agree before proceeding.
• Submit the Application: Submit your application electronically and note any confirmation or reference number provided.
• Account Verification: Complete the verification process, which may involve submitting identification documents such as a passport or drivers license, as well as proof of address.
• Fund Your Account: After verification, proceed to fund your trading account using various deposit methods, such as bank transfers.
• Start Trading: Once your account is funded, access MIFX's trading platform using the provided login credentials.

　　These processes ensure that traders can smoothly transition into trading with MIFX.

　　Sources:

• MIFX Forex Broker - WikiBit
• MIFX Review – ForexSQ
• MIFX Review - Expert Review and Analysis