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MIA Forex Broker provides real users with * positive reviews, * neutral reviews and 14 exposure review!

MIA Broker Review

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MIA Review 14

Latest All(14) Exposure(14)
Exposure
Pay attention! MIA is informal! Expose the fraud broker!

Mr. Li was a victim of investing in MIA. Because he couldn't make money from doing business, he began to find another way to make money. Recently, Mr. Li received the information about the MIA introduced to him by the salesperson of the MIA when he was trading stocks online, promoting high-yield and zero-risk. It is a good way to make a fortune. Although Mr. Li doubts but can't stand some of the profit temptation sent to him by the other party, he made a fascinating deposit of 200,000 yuan and followed the so-called analyst to make orders, but the next few days were not the same at all. The profitable list was very high. Less and less profit, but the loss is a large amount, not as good as the salesman promised. Mr. Li felt that something was wrong but subconsciously did not want to believe it, and every time he lost money, MIA analysts would confuse him and talk a lot of professional terms, and induce him to increase the amount of money. Increase the position, get more profits, and get back the previous losses and there are more. In this way, Mr. Li invested a total of more than 330,000 from the deposit to the increase. Almost all his family savings were used up. He lost more than 170,000 and has more than 160,000 in lock-up. At this time, Mr. Li had realized that he had been cheated and wanted to withdraw the money, but the analyst of the Michi platform meant that he would add another 200,000 to the money before he could withdraw the money. The same thing has been said several times, Mr. Li is angry and aggrieved but helpless

FX1518115107
2021-03-12
Exposure
The superior of MIA sucks

Bong Fong Ping is so sarcastic. She kept inducing people to invest here before things happen to make her become a regional manager.

FuckDeeretrader
2021-03-11
Exposure
MIA

The fund was gone overnight. MIA might has absconded.

FX4144341022
2019-11-16
Exposure

My capital was gone within one night. That turns out to be a pyramid-scheme-liked fraud! Leaders at different levels still incredibly have faith in the platform, especially Chen Shanshan from Qinhai.

邦固卫浴挂件
2019-07-04
Exposure

I traded gold and forex in MIA,docking Fengdi plus broke..According to the contract,0.6 lot each time,the take-profit and stop-loss price didn’t exceed 4 pips.Last night,I didn’t stop loss for 2 orders since the original lot increased by more than 20 times, thus my account became negative because of forced liquidation.The broker and MIA kept shirking the responsibility.The is the first time I encountered with abnormal trading time and operation mode.

1111
2019-06-06
Exposure
All investors were cheated out overnight by the platform that made orders at it will

It is really a financial pyramid schemes with a killing acquaintances mode. There is no sign of closing! Many people completely ruined overnight!

死神之吻
2019-06-05
Exposure
MIA is a scam platform

MIA cheated all clients of all balances overnight. The money was huge. Pay attention to this person, who is the head of the platform.

跨越梦想
2019-06-05
Exposure
The clients’ money on MIA disappear overnight

I can't see that there is a chance to take the money back . Some have lost nearly 30k USD.

2019-06-05

  

Mia 2025 Review: Everything You Need to Know

  

Summary

  The Mia trading platform has garnered significant attention, primarily for its controversial reputation. While it claims to offer a user-friendly interface and access to various financial instruments, numerous reports indicate serious concerns regarding its legitimacy and regulatory status. Notably, Mia has been linked to fraudulent practices, with multiple user complaints highlighting difficulties in fund withdrawals and potential Ponzi scheme characteristics.

  Note: It's crucial to recognize that Mia operates under different entities across various regions, which complicates its regulatory standing. This review aims to present a balanced view based on the latest findings.

  

Rating Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 2
Customer Service and Support 2
Trading Experience 3
Trustworthiness 1
User Experience 2

  We rate brokers based on a comprehensive analysis of user feedback, expert opinions, and factual data.

  

Broker Overview

  Mia is an online trading platform that emerged around 2017, claiming to provide investment services across various financial instruments, including foreign exchange, precious metals, indices, and crude oil. However, the platform's transparency is questionable, as it lacks clear information regarding its founding year and headquarters. The trading platform's specifics, such as whether it uses MT4 or MT5, are not explicitly stated in the available reviews.

  The regulatory landscape for Mia is particularly concerning. It claims to be regulated by the Australian Securities and Investments Commission (ASIC) and the National Futures Association (NFA), yet multiple sources suggest that these claims may be unfounded, labeling Mia as a potential scam broker.

  

Detailed Analysis

  

Regulatory Regions

  Mia is purportedly based in Australia, yet its regulatory status is dubious. According to WikiFX, the platform has been flagged as a suspicious clone, with claims of operating without a valid license. Additionally, there are reports of unauthorized capital market activities, raising alarms about its credibility.

  

Deposit/Withdrawal Currencies

  The specific currencies supported for deposits and withdrawals remain unclear, as user experiences indicate a lack of transparency in this area. Many users have reported difficulties in withdrawing funds, with some alleging that their withdrawals were broken into smaller transactions, complicating the process further.

  

Minimum Deposit

  Information regarding the minimum deposit required to open an account with Mia is not readily available, which raises concerns about the platform's transparency. This lack of clarity can deter potential investors who need clear guidelines to make informed decisions.

  

Bonuses/Promotions

  Mia does not appear to offer any significant bonuses or promotional incentives, which is often a red flag for prospective investors. The absence of promotional offers may indicate a lack of confidence in attracting users through competitive trading conditions.

  

Tradable Asset Classes

  Mia claims to offer a variety of tradable assets, including forex, precious metals, indices, and crude oil. However, the specifics of these offerings are not well-documented, making it challenging for investors to assess the platform's suitability for their trading strategies.

  

Costs (Spreads, Fees, Commissions)

  Details regarding the spreads, fees, and commissions associated with trading on Mia are alarmingly sparse. The lack of disclosed costs raises significant concerns about the platform's transparency, potentially leading to unexpected charges for users.

  

Leverage

  The leverage offered by Mia remains unspecified, which is another critical aspect that potential investors should consider. Without clear information, traders cannot adequately assess their risk exposure when using the platform.

  

Allowed Trading Platforms

  Mia's trading platform details are vague, with no confirmation of whether it operates on popular platforms like MT4 or MT5. This lack of information can hinder users who prefer specific trading tools.

  

Restricted Regions

  Mia's operational reach and any restricted regions are not clearly outlined, complicating the decision for potential users in various jurisdictions.

  

Available Customer Support Languages

  User reviews indicate a lack of customer support options, with no clear information on available languages or support channels. This deficiency can leave traders feeling unsupported, especially in critical trading situations.

  

Repeated Rating Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 2
Customer Service and Support 2
Trading Experience 3
Trustworthiness 1
User Experience 2

  

Detailed Breakdown

  •   Account Conditions: Many users have reported unfavorable conditions, including high minimum investment requirements and a lack of transparency regarding account types. According to Broker Jungle, the absence of clear account information is a significant drawback.

  •   Tools and Resources: The platform lacks educational resources and trading tools, which are essential for both novice and experienced traders. This absence can lead to a steep learning curve for users.

  •   Customer Service and Support: User experiences indicate that customer support is minimal, with many complaints about the inability to reach representatives. This deficiency can exacerbate issues related to fund withdrawals and account management.

  •   Trading Experience: Users have reported a challenging trading experience, with claims of abnormal trading conditions and difficulty in executing trades. The lack of a reliable trading platform further compounds these issues.

  •   Trustworthiness: Mia's credibility is highly questionable, with multiple reports labeling it as a potential scam. According to various sources, including WikiFX, the platform has been linked to fraudulent activities and Ponzi scheme characteristics.

  •   User Experience: Overall user experience is marred by negative reviews and reports of significant financial losses. Many users have expressed frustration over the platform's operations and the challenges faced in withdrawing funds.

  •   In conclusion, the Mia review highlights significant concerns regarding the platform's legitimacy, regulatory status, and overall user experience. Potential investors are strongly advised to exercise caution and conduct thorough research before engaging with this broker.