MIFX Forex Broker keeps up-to-date with the latest trading account information, including MULTILATERAL, PRO REBATE , PRO, STANDARD, ULTRA LOW maximum leverage of 1:100, trading varieties, and more
Rating Index
Pros
Regulated by multiple authorities, enhancing credibility and safety for traders.
Offers a variety of account types to accommodate different trading preferences and capital levels.
Supports popular trading platforms like MT4 and MT5, as well as mobile trading options.
Cons
Multiple user complaints regarding execution issues and service reliability.
Lacks advanced security features like two-step authentication for account protection.
Limited support for cryptocurrencies, which may restrict trading options for some investors.
MIFX broker Accounts
MULTILATERAL
Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
IDR 1 million
Minimum Spread
from 0.6
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$20
Products
--
PRO REBATE
Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
IDR 100 million
Minimum Spread
from 1.8
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$1
Products
--
PRO
Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
IDR 100 million
Minimum Spread
from 0.3
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$5
Products
--
STANDARD
Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
IDR 500 thousand
Minimum Spread
from 1.8
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$1
Products
--
ULTRA LOW
Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
IDR 500 thousand
Minimum Spread
from 0.3
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
$10
Products
--
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
- 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.
- MIFX Forex Broker - WikiBit
- MIFX Review – ForexSQ
- MIFX Review - Expert Review and Analysis
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:
These processes ensure that traders can smoothly transition into trading with MIFX.
Sources:
MIFX Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
MIFX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of IDR 1 million by (2+) --.