Rating Index

Pros

Well-established and reputable broker with a long history since 1936.

Regulated by the Financial Services Agency (FSA) in Japan, providing a level of trust.

Offers access to a variety of financial instruments including forex, CFDs, commodities, and indices.

Cons

Does not support popular trading platforms like MetaTrader 4 or MetaTrader 5, which may limit trading options for some users.

No client insurance or compensation scheme in place, which could pose risks for traders.

Limited information available regarding withdrawal processes and customer support responsiveness.

MIKI broker Accounts

Miki Forex Account Type

Miki Forex offers three distinct account types to cater to traders with varying preferences and capital sizes:

Standard Account:

Minimum Deposit: $1,500
Leverage: 1:200
Minimum Spread: From 0.5 pips
Minimum Position: 1 lot
Supported Products: Forex, CFDs, and Metals

Mini Account:

Minimum Deposit: $200
Leverage: 1:200
Minimum Spread: From 0.8 pips
Minimum Position: 0.1 lots
Supported Products: Forex, CFDs, and Metals

Micro Account:

Minimum Deposit: $20
Leverage: 1:500
Minimum Spread: From 1 pip
Minimum Position: 0.01 lots
Supported Products: Forex, CFDs, and Metals

Each account type is designed to accommodate different trading strategies and capital levels, providing flexibility for traders of all experience levels.

Miki Forex Broker Account Opening Process

Opening an account with Miki Forex is a straightforward process that can be completed in several simple steps:

Visit the Miki Forex Website: Go to the official website at Miki Forex.
Click on “Open an Account”: Look for the “Open an Account” button on the homepage to initiate the account opening process.
Choose Your Account Type: Select the account type that suits your trading needs—Standard, Mini, or Micro.
Complete the Application Form: Fill out the online application form with accurate personal information, including your full name, contact details, and financial information.
Provide Necessary Documentation: Submit required documents for identity verification, which may include a valid ID, proof of address, and financial statements.
Fund Your Account: After your application is approved, deposit funds into your trading account using available payment methods such as bank transfers or credit cards. Ensure you meet the minimum deposit requirement for your chosen account type.