Miki Forex Review 2024

Miki Forex Review 2024

Updated:
Updated: October 06, 2023

Attention!

This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.

We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:

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Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

Summary of Miki Forex Trading Company

“Miki Forex” company’s team consists of high-skilled employees, who have been gaining Forex trading experience since 1998. This broker is constantly developing by increasing the number of customers around the world and providing different Forex services. The company is regulated by Israel Ministry of Finance.

User Satisfaction i

5 comments
Total score:
4.4 /10

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Pahlovi
3 years ago

I do not recommend opening a trading account with Miki Forex broker. The company has a very bad reputation. Clients write a lot of negative reviews. Previously, they provided the ability to trade binary options. And this is an area where there is a lot of manipulation of quotes.

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filiberto
3 years ago

Miki Forex is the best broker. I trade here on a Mini account. Deckles are executed very slowly, with frequent requotes and slippages. And you won't get much profit from them. I am thinking of changing the company.

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jadu
3 years ago

Broker Miki Forex is an unreliable company. They don't have a regulatory license. And this is very important, because there is no client protection without a license. And they have been working since 20104 at the most. That is, the site provided inaccurate information.

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mad_boy
3 years ago

Miki Forex has very large spreads. When widened, spreads can increase by 10 pips. Technical support says that this is normal for the market. But I know that there are companies with smaller spreads.

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rodtrader
3 years ago

If earlier the withdrawal was quick, now the last two times I had to wait for the receipt of money for two weeks. Miki Forex broker has gone bad lately. This is a lot for a serious company.

Trading Conditions for Miki Forex Users

💻 Trading platform: Mobius Trader 7, мобильные терминалы iPhone, Android, Windows Mobile
📊 Accounts: Micro, Standard, Mini
💰 Account currency: USD, EUR, ILS, RUB
💵 Replenishment / Withdrawal: Bank wire, Webmoney, Visa
🚀 Minimum deposit: 20 USD
⚖️ Leverage: 1:500
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: From 0.5 p
🔧 Instruments: Currency pairs, CFD, Metals
💹 Margin Call / Stop Out: 100%/20%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: No
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: YES

Contacts

Official site
Contacts

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Miki Forex Review Miki Forex Review

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FAQs

Why has Miki Forex been placed on the Forex Broker Blacklist?

Possible reasons:
• multiple complaints have been filed against Miki Forex by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Miki Forex is down, not updated or operates with clear errors and some features are not available;
• Miki Forex has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.

What should I do if Miki Forex got blacklisted and I still have money in my account?

Don’t panic right away. First, try to find out the reason why Miki Forex got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.

What should I do if I cannot withdraw my money from Miki Forex?

If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.

Is there any chance to recover my money if Miki Forex is a scam?

On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.

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