✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in MIFX. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about MIFX and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | mifx.com |
| 🏠 Company* | PT Monex Investing Futures |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | own platform |
| 📌 Direction | Jakarta |
⚠️ MIFX is owned by BKCOIN Limited, the company is located in Indonesia, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️
Account types
Now we will analyze the types of accounts offered by MIFX, in this case, we observe that it offers 2 different types of accounts:
| Account type | Minimum initial deposit |
| Standard | $0 |
| Pro | $0 |
Information on the web
MIFX provides a basic explanation of the financial products it offers, market news and analysis, economic calendar, not really much more than this.
List of phone numbers
021-27889333
0800-11-66639
0213150607
022-86061000
🚫 MIFX Final Valuation 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH MIFX.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about MIFX:
| Date | Update – news |
|---|---|
| January 2023 | We receive a large number of messages from MIFX clients who claim that they cannot withdraw their capital. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with MIFX.
At the end of the review you will find customer comments.
How to Claim Money scammed by MIFX
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report MIFX
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report MIFX?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is MIFX a scam – is it a scam?
Yes. We believe that MIFX is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is MIFX reliable?
No. MIFX is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from MIFX?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to MIFX?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
I have an acquaintance investing, but I don't want them to steal my money or scam me. Can you help me? Blessings.
Hi Ángeles, thanks for writing about MIFX. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY
Greetings.