MIFX.com Review

2.318 • 6 REVIEWS
Updated: Dec 5, 2023
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MIFX is a forex broker. MIFX offers the MT4 and Mobile forex trading top platform. MIFX.com offers over 5 forex currency pairs, indices, commodities, gold, silver and oil for your personal investment and trading options.
Website is written in Indonesian.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 100:1
Minimum to Open Live: $500
Established: 2000
Address: Sahid Sudirman Center Lt. 17 Jl. Jenderal Sudirman Kav. 86 Jakarta Pusat, 10220, Indonesia
Contact: support@mifx.com, 021-27889333, 0800-11-66639
Regional offices:
Regulators: BAPPEBTI #178/BAPPEBTI/SI/I/2003
Prohibited countries: Unknown
Trading platforms: MT4, MobileTrader (MobileApp)
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (25+)
CFD: (5+) Gold, Silver, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

Deposit Methods: Bank Wire (BankTransfer/SWIFT)
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT)
* Please check broker website for more information
2.318 • 6 REVIEWS

Recent User Reviews of MIFX.com

Hadi Drs
jakarta, Indonesia,
Dec 4, 2019,
Registered user

MIFX Stole IDR 34 Billion

Service use: Live Length of use: 0-3 Months
My name is Sugiarto Hadi. I deposited IDR 34 billion (USD 2,4 million) on November 14th 2014 at MIFX. I lost all my money in just 16 days because my orders were delayed, splitted and rejected by MIFX. I already reported to Bappebti and Minister of Trade Rahmat Gobel but they ignore my report. You can read the news on https://citraindonesia.com/hadi-vs-pt-monex-tommy-99-penipuan/
2 traders have found this review helpful
java island, Indonesia,
Feb 4, 2018,
Registered user

A Legal and #1 Indonesian Broker

Monex / mifx is a legal broker under Indonesian regulator i.e. Commodity Futures Trading Regulatory Body of Indonesia. I already trading for about 4 years with monex, and in my opinion and based on my experiences, I think they are a good broker and number one in Indonesia in term of ; legality, low spread, competitive fee, reliable trading chart, fast execution, one day withdrawal, and staff support. They have many supporting tools and signals services such as tradeworks, autochartist, etc. and recently they launch a mobile application named mifx in google play store.

So if we are talking Indonesia, so far I don't find any other brokers that safer and better than mifx. If you have ? please tell me. Thank you.
Surabaya, Indonesia,
Oct 11, 2016,

Avoid this scam broker

It is a scam broker. Traders must make their transaction in the broker's server that is controllable. First, the traders get some profit, asked for much more money for greater profit, and then lost, MC, money gone!
1 trader has found this review helpful
Jakarta, Indonesia,
Oct 15, 2015,

if you want to trade futures with this broker its okay. no problem so far but once you trade forex you'll find out that they cheat as hell. you will definitely notice during news event the opening candle just jump up or down killing the breakout traders. i would not suggest trading forex with them but for futures its fine.
Oct 4, 2011,

BAD live suport & withdrawal.
Mega Nada
Mar 1, 2009,

I have some experience with this company. 2 months (May 2008) after back from Hannover, Germany, I have join in Monex Investindo Futures, Denpasar, Bali as Financial Consulting. I am newbie in this job, and bring 2 real accounts US$ 10.000. I learns forex with Monex Education Forex Training Center every week and free. I thought it was a good day to learn forex, because Monex Investindo Futures is The Best Forex broker company and Number one financial partner in Indonesia. In Indonesia, it was number one rank for great margin and transaction.