Mifx
Mifx Broker Overview
Here is every key fact about Mifx in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | Mifx |
|---|---|
| Broker name | Mifx |
| Foundation year | 2014 |
| Headquarters | JakartaContact FormPesanMenara Ravindo Lt.8Menara Ravindo Lt. 8Jl. Kebon Sirih Kav. 75,Jakarta 10340 |
| Country | Indonesia |
| Telephone | 021-3150607 |
| Fax | 021-3150758 |
| Regulated by | Yes |
| Type of broker | ECN ,STP |
| Min. deposit | $100 |
| Max leverage | 1:500 |
| Min. spreads | 2.0 |
| Funding methods | Bank Transfer Credit Card, Visa, MasterCard |
| Withdrawal methods | Bank Transfer Credit Card, Visa, MasterCard |
| Base currencies | USD, GBP, EUR |
| Languages | English , Bahasa |
| Trading platforms | MetaTrader 4 (MT4) |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4 (MT4), spreads from 2.0, leverage up to 1:500 and a $100 minimum deposit. New clients can also check the current Yes.
Is Mifx Safe? Regulation and Company Details
Mifx is a regulated broker. Yes. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
Yes
Head office
JakartaContact FormPesanMenara Ravindo Lt.8Menara Ravindo Lt. 8Jl. Kebon Sirih Kav. 75,Jakarta 10340 (Indonesia)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2014. Support is reachable by phone.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.
Mifx Trading Conditions
Spreads and commissions
Mifx spreads start from 2.0. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4 (MT4)
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This Mifx review covers regulation, fees, platforms and bonuses.
Official website: Mifx
Mifx Account Types
Mifx offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $100 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD, GBP, EUR. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at Mifx
Mifx supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
Mifx Bonus and Promotions
Bonuses are a big reason traders search for Mifx. Availability depends on your country and the account type.
- Yes — the current promotion for Mifx clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official Mifx website before accepting any offer.
Mifx Pros and Cons
Pros
- Regulated: Yes
- Yes
- Low $100 minimum deposit
- Spreads from 2.0, ECN ,STP execution
- MetaTrader 4 (MT4)
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open a Mifx Account
- RegisterFill in your name, email, country and phone number on the Mifx sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $100 with your preferred method, claim any eligible bonus, then log in and start trading.
About Mifx
Mifx Review: Overview
Mifx is a forex broker founded in 2014 and based in Indonesia. It operates as an ECN and STP broker, which means client orders are passed on to liquidity providers rather than being handled only in-house. Its head office is at Menara Ravindo Lt. 8, Jl. Kebon Sirih Kav. 75, Jakarta 10340. The broker's website is available in English and Bahasa, so Indonesian-speaking traders can use it in their own language.
This review looks at the broker's regulation, account types, trading platforms, costs, leverage, funding options, bonuses and support, and ends with our verdict. The details below are based on the key facts we have on file. Conditions can change, so confirm everything on the official website before you open an account.
Regulation and Safety
Mifx is listed as regulated. However, the regulator and the licence number are not part of the information we hold, so we cannot name them here. Before you deposit, check the broker's website for its regulatory disclosures, confirm the licence on the regulator's own register, and make sure the legal entity you would be contracting with is the one that holds that licence.
Mifx states that it segregates client funds. In practice, segregation means that client money is kept separate from the company's own operating money. It does not guarantee that you will get your money back if the broker fails, so it should be read as one safety feature among several rather than a complete protection.
Account Types
Mifx offers a range of accounts to suit different experience levels and trading styles:
- Standard and mini accounts: Mini accounts are available, which can suit newer traders who want to start with smaller position sizes.
- VIP accounts: A premium account type for more active clients. Ask the broker about the specific requirements and benefits.
- Islamic accounts: Swap-free accounts designed for clients who cannot pay or receive overnight interest for religious reasons.
- Swap-free accounts: Available as a separate option for clients who want to avoid swap charges.
- Managed accounts: Accounts where a professional manager trades on the client's behalf. Check how the manager is chosen and how fees are charged before you commit.
- Free demo account: A practice account with virtual funds, useful for testing the platform and strategies before risking real money.
Account base currencies are USD, GBP and EUR. Choosing the right base currency matters, because it affects how your profits, losses and fees are calculated and converted.
Trading Platforms
Mifx offers MetaTrader 4 (MT4), one of the most widely used trading platforms in the retail forex market. MT4 gives traders charting tools, technical indicators, and support for automated strategies through Expert Advisors, provided the broker allows them on your account type.
Clients can access trading through a web browser as well as on mobile devices, so positions can be managed away from a desktop computer. Note that MT4 is the only platform listed for Mifx. If you need a different platform, such as MetaTrader 5 or a proprietary app, check whether it is available before you sign up.
Spreads, Fees and Leverage
Mifx lists minimum spreads starting from 2.0. The unit and the account type this figure applies to are not specified in our data, so check the current spread table on the official website for the exact pairs and conditions. Spreads usually change with market conditions, especially during news releases and low-liquidity hours.
The maximum leverage offered is 1:500. High leverage lets you control a larger position with less capital, but it also magnifies losses as much as gains. Leverage may be lower depending on your country of residence and the account type you choose, so confirm the figure that applies to you before trading. Trading forex and CFDs on leverage carries a high risk of losing money, and you should only trade with funds you can afford to lose.
Mifx allows hedging and scalping, and news trading is also permitted. These are useful for many active traders, but they should be used with a clear plan. Review the broker's execution and trading rules, as some restrictions can still apply to specific strategies.
Deposits and Withdrawals
The minimum deposit at Mifx is 100. The currency of this amount is not stated in our data, so confirm it when you open an account. Deposits can be made by bank transfer, credit card, Visa or MasterCard. Withdrawals are available using the same methods: bank transfer, credit card, Visa and MasterCard.
Before you fund your account, check whether any fees, processing times or currency conversion charges apply, and whether your bank or card provider adds its own costs. Withdrawal processing times and any limits should be confirmed on the broker's website or in its client area. Using the same method for deposits and withdrawals is common practice and can make your account easier to reconcile.
Bonuses and Promotions
Mifx offers a welcome bonus and other promotions. Bonus terms can change, and the details, eligibility rules and withdrawal conditions are not included in our data. Mifx does not offer a no-deposit bonus.
Bonuses often come with conditions such as trading volume requirements, time limits or restrictions on withdrawing bonus funds. Read the full terms before you claim any offer, and make sure you understand how a bonus affects your ability to withdraw profits. A bonus should never be the main reason to choose a broker.
Customer Support
The Mifx website includes a contact form, and the broker has an office in Jakarta. Support is available in English and Bahasa based on the languages the website offers. Our data does not include support hours, phone numbers or response times, so check those details on the official site. Before relying on support for urgent issues such as withdrawals, test the response time by asking a simple question before you deposit.
Pros and Cons
Pros
- Established in 2014 and based in Indonesia, with a listed head office in Jakarta.
- ECN and STP execution model.
- Listed as regulated, with client funds stated to be segregated.
- MetaTrader 4 available on desktop, web and mobile.
- Minimum deposit of 100 and leverage up to 1:500.
- Wide range of account types, including mini, VIP, Islamic, swap-free and managed accounts, plus a free demo account.
- Hedging, scalping and news trading are allowed.
- Website available in English and Bahasa.
Cons
- The regulator and licence details are not included in our data, so verification is required.
- Spreads start from 2.0 without a stated unit or account condition.
- Only MetaTrader 4 is listed as a trading platform.
- Deposit and withdrawal methods are limited to bank transfer and cards, with no e-wallets listed.
- No no-deposit bonus is offered.
- Support hours and response times are not specified in our data.
Verdict
Mifx is a regulated-listed ECN and STP broker with a long enough track record since 2014, a low minimum deposit, a wide choice of account types and access to MetaTrader 4 on desktop, web and mobile. Its Islamic and swap-free options, along with allowances for hedging, scalping and news trading, make it relevant for a range of traders. Our rating for Mifx is 1.
The main weaknesses are the lack of detail on the regulator, the unspecified spread conditions, the limited payment methods and the single platform. Before you open an account, visit the Mifx website, confirm the regulatory status yourself, read the full bonus and fee terms, and test the support team. Trading forex and CFDs on leverage carries a high risk of losing money, so only risk capital you can afford to lose.
Frequently Asked Questions
Is Mifx regulated?
Mifx is listed as regulated. The regulator and licence number are not included in our data, so check the broker's website and the regulator's public register before you deposit.
What is the minimum deposit at Mifx?
The minimum deposit is 100. The currency is not stated in our data, so confirm it on the official website
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose Mifx?
Mifx earns 1.0/5 — a $100 entry cost, MT4 platforms and a track record since 2014.
Mifx suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
