Forex Mirrox Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.2

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.4

Business 0.7

Risk Control 1.0

Software 1.7

Regulatory 1.2

Terminal Snapshot

Mirrox Trading Conditions

Registered Region Comoros

Operating Period 1-2 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@mirrox.com

Contact Number +447701426264

Website www.mirrox.com

Balanced Review

Pros & Cons

Pros

Regulated by Mwali International Services Authority
Segregated client funds for added security
Diverse trading instruments: Forex, commodities, indices, stocks, cryptocurrencies
Multiple account types catering to different experience levels
24/7 multilingual customer support

Cons

Not regulated in major jurisdictions like the US
High minimum deposit requirement of $250
Limited trading platforms, only offering a proprietary web platform
Withdrawal fees on certain methods, including a 3.5% charge for credit/debit card withdrawals
Inactivity fees may apply to dormant accounts

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Mirrox	Grand Markets	BDSwiss	AvaTrade
Operating Period	1-2 years	See review	See review	See review
Region	Comoros	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.2/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Mirrox Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Classic Account	Beginners	Low spreads, maximum leverage of 1:400	Suitable for small-capital practice
Silver Account	Intermediate Traders	Competitive spreads, maximum leverage of 1:400	Requires some trading experience
Gold Account	Advanced Traders	Lower spreads than silver account, maximum leverage of 1:400	Ideal for traders looking for better cost efficiencies
Platinum Account	Professional Traders	Very low spreads, maximum leverage of 1:400	Best for high-volume traders
VIP Account	Experienced Traders	Lowest spreads, maximum leverage of 1:400	Exclusive benefits available

Account Opening Process

To open an account with Mirrox, you will need to follow a structured process: first, complete a registration form by providing personal, employment, and financial information. Next, submit identity verification documents, which include a government-issued ID and proof of address. Once your identity is verified, you can begin trading. Mirrox also offers account flexibility, allowing you to upgrade to a professional account as your trading experience grows.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	2.5	$0	Competitive spreads for beginners
Forex (VIP Account)	0.9	$0	Best spreads for high-volume trading
CFDs (Stocks, Indices)	Varies	$0	Embedded costs within spreads
Cryptocurrencies (BTC/USD)	Variable	$0	Dependent on market conditions

Other Fees

In addition to trading fees, Mirrox has several other fees to consider. There are no deposit fees, allowing clients to fund their accounts without incurring additional costs. Withdrawal fees may apply depending on the method chosen, with the first withdrawal for verified accounts being free. Inactivity fees may also apply if an account remains inactive for a specified period. Additional costs may include platform usage fees, overnight interest (swap rates), and currency conversion fees.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Mirrox User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

New York, USA

★ ★ ★ ★ ★

I had a terrible experience with Mirrox. The withdrawal process was incredibly slow, taking over 10 days to get my funds. Customer support was unhelpful and often unresponsive. I wouldn’t recommend this broker to anyone looking for timely access to their money.

Emily Johnson

Toronto, Canada

★ ★ ★ ★ ★

I was disappointed with Mirrox’s customer service. I encountered issues with my account and found it difficult to get a quick response. While the trading platform itself is decent, the lack of support made my trading experience frustrating.

Michael Brown

Sydney, Australia

★ ★ ★ ★ ★

Overall, I’ve had a positive experience with Mirrox. The platform is user-friendly and offers a good range of trading instruments. I appreciate the competitive spreads, especially with my VIP account. Customer service has been responsive when I’ve needed assistance.

Sarah Wilson

London, UK

★ ★ ★ ★ ★

Mirrox has exceeded my expectations! The withdrawal process was smooth, and I love the variety of trading instruments available. Their 24/7 customer support has been very helpful, making my trading experience enjoyable. Highly recommend!

Comoros Market