About Mining TradeFx
Overview
Mining TradeFx is a forex brokerage registered in the United States. The company states it was founded on August 20, 2021. Its registered address is 375 Hudson Street, 16th Floor, New York, NY 10014, a prominent commercial building.
The broker operates under the brand name 'Mining TradeFx' but provides limited public information about its specific services. Based on its account tier naming and deposit requirements, it appears to target traders with larger capital.
Regulation and Safety
According to FXCanary's records, Mining TradeFx does not hold any known regulatory licences. This is a significant factor for traders who prioritize oversight from financial authorities.
The broker's registered address is in the United States, but US forex brokers are typically required to be registered with the Commodity Futures Trading Commission (CFTC) and be members of the National Futures Association (NFA). There is no indication that Mining TradeFx meets these requirements.
Account Types
Mining TradeFx offers four account tiers: Starter, Bronze, Gold, and Platinum. The minimum deposit for the Starter account is $300. The Bronze account requires a minimum deposit between $4,500 and $9,999. The Gold account requires $10,000 to $14,999, and the Platinum account requires $1,500 to $4,499.
Notably, the Platinum account has a lower minimum than the Bronze, which is unusual and may indicate an error or a strategic pricing structure. Maximum leverage is not specified for any account type, leaving a gap in risk assessment.
Tradable Instruments
FXCanary's verified facts do not list any specific tradable instruments for Mining TradeFx. The broker's website would typically detail forex pairs, commodities, indices, or cryptocurrencies, but no such information is available.
Without knowledge of available markets, traders cannot evaluate whether the broker meets their trading needs. This lack of transparency is a concern.
Platform and Tools
No information is available regarding the trading platform(s) offered by Mining TradeFx. Common platforms include MetaTrader 4/5, cTrader, or proprietary platforms.
The broker's website, miningtradefx.com, likely contains these details, but independent verification is lacking. Traders should confirm platform compatibility before depositing funds.
Social Media Presence
Mining TradeFx maintains a presence on Facebook and Twitter/X. Social media can be a channel for updates, promotions, and customer engagement.
However, the activity and authenticity of these accounts have not been independently assessed. Traders should approach social media claims with caution.
Overview compiled by FXCanary from regulatory records and public data. full Mining TradeFx review