On-line since: About the company:
Miki Forex is the Israeli partner of the British AL Trade Inc company which has been providing traders with access to Forex since 2013.
7/10
(votes 3099)
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Miki Forex broker is very unprofessional broker. Its has very slow execution both on entry and exit. High spreads at the on major pairs, most specially during news time. And to top it all, I always encounter numerous requotes from this broker. Contacting their Customer Support is a total waste of time.
I have opened up 3 separate accounts, and my relative has opened two accounts the past year, and we are happy with all of them. This broker is excellent and fast at placing stock and especially option trades. Miki Forex’s spreads are the best, and their ECN aggregation is crazy. They do not make market against you. It is normal for you have to pay commissions to trade on this broker. They are regulated, audited and certified. This broker helps you avoid the headaches associated with the shady under growths of the retail currency trading business.
I can't trade on the MT4 platform with Miki Forex broker, As I have found their server is always delayed and their price quotes are different from the live market, So when I have made an order, the position goes slippage and EA didn't run. I've lost almost $570, which inspires me to withdraw the rest investment from my account.
I am happy that I found Miki Forex because I no longer have to worry about the initial deposit. This broker only asks for $20 which is very affordable. As of now, I have been trading for four months and my experience is quite decent.
I think that Miki Forex has one the best platform where trade executed done 100% perfectly with a fixed spread. I just liked their web site and decided to open there my first account. I met here good support, interesting analytics and reviews and good information to learn how to trade at all. when I made profit $500 from depositing $200. Later, I put more money to trade with this broker, and sometimes I got some losses. However, my skill improve so much, and my capital I also bigger $1000.
You are going to lose all your money 100% guarantee. they manipulate stoploss to make sure you lose. I would not recommend this broker at all. They are slow and inefficient and their customer support has never been helpful. My trading became very unprofitable.
In my four months trading experience with Miki Forex I can’t say that they are a good broker. Their trading environment is not bad I like that they it allows me to use execute scalping and hedge my positions, overall spreads are acceptable , and I also there is no commissions per trades. However, one thing I don’t like that is their withdrawal methods. Its very slow. They are taking long time to processed my withdrawal. On 13 March 2020 I request for a withdrawal of $300 but they send it 2nd April 2020. It takes 25 days processed my withdrawal. I cannot they are not fraud broker but they should make withdrawal little bit quicker.
During heavy trading hours they will increase the spreads and no transparency at all. Slippage can be adjusted according to their wishes. I do not recommend Miki Forex. Their customer support was very unfriendly, disappointing, and made me angry. I am trading with this company from past four months and they have not done a single payment yet. I do not understand why I have not been paid yet.
I did not like how the platform at Miki Forex works. It often lags and there are always delays in the charts. They offer a mobile version but it is very difficult to trade using that. Even when I have a phone with high specs, the mobile platform still crashes. I appreciate their support team for really trying to address my concerns and for being responsive. But this wouldn't matter if the real issue is still not fixed.
Miki Forex is very unreliable broker with so many errors on their platform, I have really blamed myself for trading with Miki Forex. I was carried away because of the minimum deposit of $1500, not knowing that it is just a trap. I opened an account with this horrible broker and I funded it with $700 but I later got irritated with their complex platform so I requested for the withdrawal of my $500, but up till date I have not received my money. I think Miki Forex is not ready to pay me back.
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