BrokAIr Reviews

Miki Forex Review

Miki Forex has been accused of being the most predatory online brokerage in the industry. Is this the type of broker you want to trust with your money?

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Miki Forex Overview

Miki Forex is a Cyprus-based online brokerage that has been in operation since 2007. The firm is regulated and licensed by the Cyprus Securities and Exchange Commission (CySEC) and operates in compliance with the Markets in Financial Instruments Directive (MiFID). Miki Forex offers a range of services, including Forex trading, CFD trading, and cryptocurrency trading. The company was founded by brothers Miki and Yiannis Hadjifotis, who have a long history in the financial sector.

Pros

Cons

Public Opinion

Miki Forex has generally positive ratings from customers. Many traders appreciate the competitive spreads offered by the company, as well as its user-friendly trading platform. The customer service team is also praised for being helpful and knowledgeable. However, some traders have expressed dissatisfaction with the lack of educational materials available on the platform. Additionally, some traders have criticized the high minimum deposit required to open an account.

Recent Newsworthy Events

Overall, Miki Forex appears to be a reliable online brokerage with a good reputation among traders. Although there are some drawbacks, such as the lack of educational materials and high minimum deposit requirement, they are outweighed by the advantages offered by the company – competitive spreads, wide range of trading instruments, and user friendly trading platform.