MIEX

MIEX is a trading platform that, according to public records, was registered in the United Kingdom on 25 February 2019. The broker positions itself as a gateway to global markets, offering trading in equities, indices, currencies, metals, and commodities.

However, our review found that the official website, miex.io, now displays content unrelated to forex or CFD trading. The domain is currently used for a Vietnamese football results site (KQBD) and contains affiliate links to online casinos and sportsbooks. This discrepancy between the broker's stated identity and its live website is a significant red flag for potential traders.

Our records list no regulatory oversight for MIEX. The broker operates without a licence from any known financial authority, including the UK Financial Conduct Authority (FCA) despite its UK registration. This absence of regulation means that traders have no recourse to a compensation scheme or regulatory ombudsman in case of disputes.

FXCanary's scam risk score for MIEX is 75 out of 100, classified as 'severe'. The combination of an unregulated status and a repurposed website strongly suggests that the broker may not be actively operating as a forex broker, or if it is, it poses a high risk to client funds.

According to the known facts, MIEX offers two account tiers. The Standard account requires a minimum deposit of $1,000 and provides leverage up to 1:400. The VIP account requires a significantly higher minimum deposit of $3,000 and offers leverage up to 1:888.

These high leverage ratios, particularly the 1:888 available on the VIP account, are extremely aggressive and exceed the limits imposed by most regulated jurisdictions. Such leverage amplifies both potential gains and losses, and is often used as a lure by unregulated brokers. Traders should be aware that high leverage combined with no regulatory oversight creates a dangerous combination.

The broker claims to offer a diverse array of global markets, including equities, indices, currencies, metals, and commodities. Unfortunately, our research could not verify the specific trading platforms or instruments available, as the live website no longer reflects the broker's offering.

Without access to an active trading platform or demo account, it is impossible to assess the quality of execution, spreads, or product range. The lack of publicly available information further undermines confidence in the broker's operations.

MIEX is described in company records as based in the United Kingdom, with a founding date of 25 February 2019. However, the broker's own marketing material claims it was established in 2011, a discrepancy that raises questions about its corporate history and transparency.

The broker maintains social media profiles on Facebook, Instagram, LinkedIn, Twitter/X, and YouTube, but our analysis did not confirm whether these accounts are active or engage with clients. Given that the website now hosts a completely different business, it is likely that the broker is either defunct or has abandoned its forex offering.