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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

MINA GROUP

Saint Lucia Saint Lucia | 2-5 years |
Suspicious Regulatory License | MT5 Full License | Regional Brokers | High potential risk

https://minagroupfx.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

MinaGroupFxLtd-Server

France
France
MT5
4

Influence

D

Influence index NO.1

Turkey Turkey 2.44

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
MinaGroupFxLtd-ServerMT5
Server LocationFranceFrance

Influence

Influence

D

Influence index NO.1

Turkey Turkey 2.44
Surpassed 19.90% brokers
Biz Area Search Statistics Ad Campaigns Social Media Index

Contact

+964 770 337 33 38
https://minagroupfx.com/
Ground Floor, The Sotheby building, rodney bay, gros-islet, saint lucia P.O Box 838, Castries, Saint Lucia

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Saint Lucia
Operating Period
2-5 years
Company Name
Mina Group Fx LTD
Customer Service Email Address
info@minagroupfx.com
Contact Number
+9647703373338
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
195.00
velocityIcon
Average Latency (ms)/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 5
Meta Trader 5
Perfect

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Official Website

Website

  • minagroupfx.com
    68.178.156.188
    Server Location
    India India
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Profile

Company Profile

Review summary

Mina Group Fx Review Summary
Founded2023
Registered Country/RegionSaint Lucia
RegulationNo regulation
Market InstrumentsCurrencies, Cryptocurrencies, Indicates, Materials
Demo Account
Trading PlatformMeta Trader 5
Customer SupportPhone: +964 770 337 33 38 (10:00 - 18:00)
Email: info@minagroupfx.com
Physical Address: No: 496 Italian Village, Erbil, Iraq

Mina Group Fx Information

Mina Group Fx is a new brokerage registered in Saint Lucia.It founded in 2023. It offers trsders currencies, cryptocurrencies, indicates and materials to trade. But it is currently unregulated. Because its founding year is less than 2 years, there isn't much information on its official website.

Mina Group Fx Information

Pros and Cons

Pros Cons
Offers diverse market instrumentsUnregulated
MT4 supportedLimited customer support options
Demo account availableNot too much information provided

Is Mina Group Fx Legit?

It is clear that Mina Group Fx is currently unregulated. The Whois website shows that the registration date of this dealer is 2023-09-07.

Is Mina Group Fx Legit?
Is Mina Group Fx Legit?

What Can I Trade on Mina Group Fx?

Mina Group Fx offers traders the opportunity to trade currencies, cryptocurrencies, indicates, materials.

Tradable Instruments Supported
Currencies
Indicates,
Materials
Cryptocurrencies
Bonds
Derivatives
Futures
Options
What Can I Trade on Mina Group Fx?

Trading Platform

Mina Group Fx's trading platform is MT5 Margin WebTrader, which supports traders on PC,Mac,iPhone and Android.

Trading PlatformSupported Available Devices Suitable for
MT5 Margin WebTraderWeb, MobileProficient
MT4
Trading Platform

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Regional Brokers
  • High potential risk

Wiki Q&A

Is MINA GROUP safe to trade with?

Mina Group Fx LTD operates as an unregulated entity, registered in Saint Lucia without any valid authoritative forex trading licenses from major financial jurisdictions, which results in a high-risk profile for client funds and places it outside the oversight of credible regulatory bodies.

In a week
United States

What is the license number of MINA GROUP?

Mina Group Fx LTD does not hold any verified mainstream regulatory licenses for forex trading, as confirmed by its regulatory status. It operates without the authorization typically provided by bodies like the FCA, ASIC, or CySEC.

In a week
United States

What is the official website of MINA GROUP?

Contact details, including an official website, are not currently publicly disclosed for this broker.

In a week
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

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United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

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United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

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Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

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How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

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