Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Mirrox Pros & Cons
- User-friendly interface;
- Wide selection of trading instruments in CFD format;
- Negative balance protection for all accounts;
- Transparent commission structure with no hidden charges;
- Support for various account types catering to traders of different experience levels;
- Access to Forex trading with high leverage;
- Availability of market and pending orders.
- The minimum deposit is $250;
- No passive income options are available.
TU Expert Verdict
Mirrox carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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Mirrox User Reviews
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5-star
0%
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4-star
14%
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3-star
57%
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2-star
0%
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1-star
29%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria2 /10The trading and non-trading commissions of Mirrox have been analyzed and rated as having High fees, with a fees score of 2/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- No deposit fee
- Above-average Forex trading fees
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Is Mirrox Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria3.7 /10Mirrox has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.7.5 /10Mirrox offers the following account options: Demo, Standard, VIP.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Standard account with balanced trading conditions
- Exclusive VIP account with enhanced trading conditions
- Demo account
- No Swap Free account
- Micro lots are not available
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology4.5 /10Mirrox received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria4.8 /10Mirrox offers a limited selection of trading assets compared to the market average. The platform supports 160 assets in total, including 45 Forex pairs.
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Trading Account Opening
We successfully registered an account with Mirrox in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Mirrox is $250.Score:We evaluated Trading Account Opening at Mirrox by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Customer Support
Score:We evaluated Customer Support at Mirrox by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria5.4 /10
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FAQs
How secure is trading with Mirrox in terms of regulation and safety?
Mirrox has a safety score of 3.7/10, which corresponds to a low security level in this review. It is regulated by the Mwali International Services Authority (MISA) in The Comoros, a Tier-3 regulator, and offers negative balance protection and KYC verification, but it is not Tier-1 regulated and has a short track record since its foundation in 2024.
What do reviews say about Mirrox commissions, spreads, and other trading fees?
According to the review, Mirrox has been rated as having high overall fees, with a fees score of 2/10. Standard account spreads are relatively wide, for example EUR/USD typically ranges from 4.1 to 4.8 pips and GBP/USD from 4.7 to 5.5 pips, and while there is no deposit fee, there is a 3.5% (or $30) withdrawal fee and a monthly inactivity fee between $100 and $500.
What types of trading accounts does Mirrox provide and how are they structured?
Mirrox offers Demo, Standard, and VIP accounts, with no Cent, Micro, ECN/RAW spread, swap-free, or managed accounts available. Within its live accounts, conditions vary from Classic and Silver accounts with spreads from 2.5 pips to VIP accounts with tighter EUR/USD spreads starting from 0.9 pips, and a demo account with a virtual balance of $100,000 is available to registered users.
How do traders describe Mirrox deposits and withdrawals in their feedback?
The review notes that Mirrox has a low score of 4.5/10 for deposit and withdrawal efficiency, citing limited payment options such as only bank cards and bank wire transfers. It specifies a minimum deposit of $250, a minimum withdrawal of $1, and support for USD as the base currency, while also mentioning that methods like PayPal, Wise, BTC, and USDT are not supported.
What customer support options does Mirrox offer and how might this influence user comments?
Mirrox provides 24/7 support through live chat, email, phone, a feedback form, and a help button in the user account, and support is available in multiple languages. The review indicates that response times are moderate and can vary, with some live chat replies not being very quick and no callback option offered, so user comments may reflect mixed experiences with service speed and consistency.
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