Miki Forex
Miki Forex Broker Overview
Here is every key fact about Miki Forex in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | Miki Forex |
|---|---|
| Broker name | Miki Forex |
| Headquarters | Miki Forex Company33 Jabotinsky Str.Twin Tower 15th Floor, 503 OfficeRamat Gan 52511Israel |
| Country | Israel |
| Telephone | 972 (0)3-7518111; 3-62091 |
| Email / Skype | info@mikiforex.com |
| Fax | 972 (0)3-7513313 |
| Regulated by | — |
| Type of broker | ECN/STP |
| Min. deposit | $200 |
| Max leverage | 1:200 |
| Min. spreads | 0.8 |
| Funding methods | WebMoney, Wire Transfer, Credit card |
| Withdrawal methods | WebMoney, Wire Transfer, Credit card |
| Base currencies | USD, EUR, ILS, |
| Languages | English |
| Trading platforms | 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 | ✓ Yes |
| Promotion | Yes |
In simple words: traders get Mt4, spreads from 0.8, leverage up to 1:200 and a $200 minimum deposit. New clients can also check the current Yes.
Is Miki Forex Safe? Regulation and Company Details
Miki Forex does not list a regulator on its profile, so treat it as an unregulated broker. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
No regulator is listed on the broker profile.
Head office
Miki Forex Company33 Jabotinsky Str.Twin Tower 15th Floor, 503 OfficeRamat Gan 52511Israel (Israel)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
The foundation year is not listed. Support is reachable by phone and email.
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 1:200.
Miki Forex Trading Conditions
Spreads and commissions
Miki Forex spreads start from 0.8. 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 1:200, 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
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 Miki Forex review covers regulation, fees, platforms and bonuses.
Official website: Miki Forex
Miki Forex Account Types
Miki Forex offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $200 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, EUR, ILS,. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at Miki Forex
Miki Forex 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.
Miki Forex Bonus and Promotions
Bonuses are a big reason traders search for Miki Forex. Availability depends on your country and the account type.
- Yes — the current promotion for Miki Forex clients. Check the volume rules before you claim it.
- No deposit bonus — free trading credit for new verified clients, without funding first.
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 Miki Forex website before accepting any offer.
Miki Forex Pros and Cons
Pros
- Yes
- Low $200 minimum deposit
- Spreads from 0.8, ECN/STP execution
- Mt4
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
- 3 deposit and withdrawal methods
Cons
- Bonus comes with trading-volume rules
How to Open a Miki Forex Account
- RegisterFill in your name, email, country and phone number on the Miki Forex 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 $200 with your preferred method, claim any eligible bonus, then log in and start trading.
About Miki Forex
Miki Forex Review: Overview
Miki Forex is an online forex broker based in Israel. It operates as an ECN/STP broker, a model in which client orders are generally passed on to liquidity providers rather than handled only in-house. The company's registered head office is Miki Forex Company, 33 Jabotinsky Str., Twin Tower, 15th Floor, 503 Office, Ramat Gan 52511, Israel. The official website is Miki Forex, and it is available in English.
This review looks at what Miki Forex offers retail traders: its regulatory position, account types, trading platforms, costs, funding methods, bonuses and the pros and cons to weigh before opening an account. The details below are based on the broker information available to us. Conditions can change, so confirm everything on the official website before you deposit.
Regulation and Safety
Regulation is one of the first things to check when choosing a forex broker. Our information lists Miki Forex as not regulated. A regulator oversees a broker's capital requirements, client fund handling, advertising and complaints process, so the absence of a listed licence means you have fewer independent protections to rely on.
The broker data also states that client funds are segregated, meaning they are meant to be held apart from the company's own money. Segregation is a useful safeguard, but it is not the same as regulatory supervision. Before depositing, look for the licence details on the official site, check the company's registration information, and confirm how and where your money is held. If you cannot find clear answers, treat that as a warning sign.
Account Types
Miki Forex offers a broader range of account types than many small brokers. According to the available information, the broker provides:
- Free demo account for practising strategies without risking real money.
- Mini accounts for traders who want to start with smaller positions.
- VIP accounts for more active clients, with terms set by the broker.
- Islamic accounts that are designed to follow Sharia principles.
- Swap-free accounts, which do not charge overnight swap fees on positions.
- Managed accounts, where trading is handled on the client's behalf.
The minimum deposit is 200. Account base currencies are USD, EUR and ILS. Check the official website for the exact requirements, fees and features of each account type, as they may differ by country.
Trading Platforms
Miki Forex supports MetaTrader 4 (Mt4), one of the most widely used retail trading platforms. Mt4 offers charting tools, technical indicators, automated trading through Expert Advisors and standard order types. Traders familiar with the platform can usually move between brokers with little adjustment.
Clients can also trade through a web browser and on mobile devices, so positions can be managed away from a desktop. Mt4 as the only listed platform means there is less choice than at brokers that also offer MetaTrader 5 or proprietary software.
Spreads, Fees and Leverage
Miki Forex is listed as an ECN/STP broker with spreads starting from 0.8. Spreads usually vary with market conditions, the instrument traded and the account type, so the figure above should be treated as a starting point rather than a fixed cost. Ask the broker for the unit of measurement and the full fee schedule, including any commissions, before you compare it with other brokers.
Maximum leverage is up to 1:200. Leverage magnifies both profits and losses. The broker may offer lower leverage depending on your country and account type, so check the rules that apply to you.
Risk warning: trading forex and CFDs on leverage carries a high risk of losing money quickly. Only trade with capital you can afford to lose.
Trading rules are generally permissive. Hedging and scalping are allowed, and news trading is allowed. Traders who use these strategies should still read the terms carefully, since execution rules and restrictions can differ between account types.
Deposits and Withdrawals
Miki Forex accepts deposits through WebMoney, wire transfer and credit card. Withdrawals are available through the same three methods. Having the same options for both directions makes it easier to keep funds traceable and to return money to its original source.
The range of methods is narrower than at many large brokers, which do not always offer e-wallets. Check the processing times, any transfer or currency conversion fees, and whether there are minimum or maximum amounts for each method. Confirm these details before you deposit, and keep your deposit and withdrawal records in case you need them later.
Bonuses and Promotions
Miki Forex lists a welcome bonus, a no-deposit bonus and other promotions. Bonuses can be useful, but they usually come with conditions such as trading volume requirements, withdrawal restrictions or expiry dates. Some offers also change over time.
We have not listed specific bonus amounts because the terms are not set out in our information. Before you claim any offer, read the full bonus terms on the official website, check how the bonus affects withdrawals, and make sure you understand what must happen before any bonus funds can be taken out. A bonus should never be the main reason to open an account.
Customer Support
The official website is available in English. Support channels, response times and opening hours were not included in our information, so check the contact section of the official site or ask the broker directly before opening an account. A quick, clear response to a simple pre-sales question is a useful test of service quality.
Pros and Cons
Pros
- ECN/STP execution model.
- Maximum leverage of up to 1:200.
- Minimum deposit of 200.
- Mt4 platform, with web and mobile access.
- Free demo account for practice.
- Wide range of account types, including Islamic, swap-free, mini, VIP and managed accounts.
- Client funds listed as segregated.
- Hedging, scalping and news trading allowed.
- Welcome, no-deposit and other bonuses listed.
Cons
- Not listed as regulated, which reduces independent oversight.
- Only Mt4 is listed as a trading platform.
- Limited funding methods: WebMoney, wire transfer and credit card.
- Website available only in English.
- Spread details and bonus terms need to be checked closely.
- Customer support details were not included in our information.
Verdict
Miki Forex offers a fairly complete set of features for retail traders: an ECN/STP model, Mt4, a free demo account, leverage up to 1:200, a range of account types and listed bonuses. Its main weakness is the lack of regulation. For a broker holding your money, that matters more than any feature on the list.
Miki Forex may suit experienced traders who understand the risks, have checked the broker's registration and fund arrangements, and are comfortable with a non-regulated provider. Beginners should practise on the demo account, start with a small deposit and compare the broker with regulated alternatives before committing funds.
Trading forex and CFDs on leverage carries a high risk of losing money. This review is for information only and is not financial advice.
Frequently Asked Questions
Is Miki Forex regulated?
Our information lists Miki Forex as not regulated. Check the official website and independent sources for any licence details before you deposit.
What is the minimum deposit at Miki Forex?
The minimum deposit at Miki Forex is 200. Confirm whether this amount differs by account type or currency.
What leverage does Miki Forex offer?
Miki Forex offers leverage up to 1:200. The available leverage may be lower depending on your country and account type, and high leverage increases the risk of losses.
Does Miki Forex offer an Islamic or swap-free account?
Yes, Miki Forex offers Islamic accounts and swap-free accounts. Check the account terms on the official website to confirm how they work for your situation.
How do I deposit and withdraw money at Miki Forex?
Deposits and withdrawals are available through WebMoney, wire transfer and credit card. Check the processing times and any fees on the official website before you use them.
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 Miki Forex?
Miki Forex offers a $200 entry cost, Mt4 platforms.
Miki Forex suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
