Miki Forex Review 2020

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Miki Forex has been providing trading services on the financial markets since 2003. The British AL Trade Inc. is the broker’s partner. Miki Forex is a participant of financial markets licensed by the Ministry of Finance of Israel. The license confirms that the broker works in compliance with the procedures and requirements of the regulator.

  • Start year:2003
  • Country of origin:Israel
  • Regulation:Ministry of Finance (Israel)
  • Payment options:bank cards (VISA, MasterCard), wire transfer, cash, American Express, WebMoney, Skrill, OkPay, Yandex.Money
  • Minimum account size:$20
  • Minimum lot size:0.01 lots
  • Leverage:up to 1:500
  • Spreads:from 0.5 pip

The company offers beginners who are not ready to trade with a large capital to open a Micro Account which allows trading with microlots. Spreads are from 1 pip. Traders can open this account by depositing $20. Currencies, metals, and CFDs will be available for trading. The Mini Account requires an initial deposit of $200 and spreads from 0.8 pip. Additionally, clients can trade binary options. This account type suits advanced traders. For the Standard Account, trading instruments are the same as for the previous account type but it offers narrower floating spreads from 0.5 pip and a minimum deposit of $1,500. All account types allow scalping and automated trading.

The broker also provides binary options trading with a minimum deposit of $1 on the MT4 platform.

Types of options:

– Up/Down
– Range
– Even/Odd
– Big/Small

The company’s another offer is the UMAM Account available on the MetaTrader 4 platform. The participants of the program choose the amount of funds they want to invest by themselves. Profits and losses are divided between traders proportionally.

Miki Forex often organizes various contests and promotions. Every client of the broker has access to analytical materials that help to correct the trading strategy on time. The customer support is available via online chat, phone, or the feedback form. It works Sunday-Friday.

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