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MIGOTRADE

Saint Vincent and the Grenadines|2-5 years|
High potential risk|

https://www.migotrade.com/

Website

Rating Index

Contact

https://www.migotrade.com/

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

MIGOTRADE · WikiFX Survey

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MIGOTRADE · Company Summary

Note: MIGOTRADE's official website: https://www.migotrade.com/ is currently inaccessible normally.

MIGOTRADEReview Summary
Founded2020
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsForex, indices, shares, commodities, cryptocurrency, metals
Demo Account
LeverageUp to 1:200
EUR/USD SpreadFloating around 1.0 pips
Trading PlatformSirix webtrader
Min Deposit/
Customer Support/

MIGOTRADE Information

MIGOTRADE is an unregulated broker, offering trading on forex, indices, shares, commodities, cryptocurrency, and metals with leverage up to 1:200 and EUR/USD spread floating around 1.0 pips via Sirix trading platform.

Pros and Cons

Pros Cons
Various trading productsNo regulation
Tight spreadsInaccessible website
No demo accounts
No MT4/MT5 platform
No contact channels

Is MIGOTRADE Legit?

No. It is registered in Saint Vincent and the Grenadines. It has no valid regulations currently. It does not offer guaranteed funds or segregated accounts.

Is MIGOTRADE Legit?

What Can I Trade on MIGOTRADE?

MigoTrade claims to provide a diverse range of trading instruments, encompassing major and minor forex pairs, market indices, shares, commodities, cryptocurrency, and metals for CFD trading.

Tradable Instruments Supported
Forex
Indices
Commodities
Shares
Cryptocurrency
Metals
Bonds
Options
Mutual Funds
ETFs

Account Type

Here are four account types MIGOTRADE offers:

Account TypeMin Deposit
BronzeNot mentioned
Gold
Platinum
Diamond

Leverage

The broker provides leverage up to 1:200.

MIGOTRADE Fees

EUR/USD spread is floating around 1.0 pips.

The broker reserves the right to introduce additional fees and charges and the right to change existing ones at any time. An administrative fee of 5% or 25 USD is required, in case the broker decides clients do not hold some minimum required amount in the account, determined by their sole discretion.

Trading Platform

MigoTrade utilizes the Sirix webtrader, developed by Leverate, as its trading platform. The Sirix webtrader is available in both web-based and mobile app versions.

Trading PlatformSupported Available Devices Suitable for
Sirix webtraderWeb, Mobile/
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

The broker accepts deposit payments done via VISA, MasterCard or Migopay.

It accepts withdrawal payments done via Neteller, credit card, wire transfer, MoneyBookers and Migotrade Mastercard.

The broker charges a deposit and a withdraw commission, but not specified.

Broker Information

Company Name

Smart iSolution LLC

Abbreviation

MIGOTRADE

Regulatory Status

No Regulation

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Phone of the company

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X

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Facebook

--

Instagram

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YouTube

--

Company address

--

Linkedin

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WhatsApp

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QQ

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WeChat

--

Customer Service Email Address

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Company Summary

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