WikiFX Broker Assessment Series | Minos Limited: Is It Trustworthy?

Background:

Founded in 2015, Minos Limited operates with a global presence through its main office located at Suites 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines, and its branch office on the 116th floor of Burj Khalifa, Corporate Suites, Downtown Dubai, United Arab Emirates.

Minos Limited offers a range of trading instruments, including commodities, grains, precious metals, and energies, but does not provide currency pairs. Investors can trade agricultural products, energy resources, and metals, with opportunities to speculate on price movements influenced by market factors and global events.

Types of Accounts:

Minos Limited offers three account options: the Standard Account, the Premium Account, and the Platinum Account. Please refer to the attached image below for more detailed information on each corresponding account.

Deposits and Withdrawals:

Minos Limited offers a range of payment options, including bank transfers, 9Pay, cryptocurrency (Tether), 9Pay, Boost, and additional methods.

The specifications for each deposit and withdrawal method can be referred to from the images below:

Trading Platforms:

Minos Limited offers a streamlined trading experience through its exclusive use of the cTrader platform, accessible on PC, mobile, and web. With a single cTrader ID (cTID) login, users can manage all linked accounts seamlessly, with synchronized settings across devices. The cTrader platform boasts over 55 pre-installed technical indicators, 6 chart types, and 28 timeframes, along with advanced features like Level 2 Depth of Market, no restrictions on stop/limit levels, and additional pending order types. Traders benefit from detachable and linked charts, one-click trading, advanced order protection, and customizable interfaces. Additional tools include a news feed, integrated economic calendar, market sentiment, and custom cBots and indicators, providing a comprehensive suite for effective trading.

Research and Education:

Minos Limited offers free educational resources in text format to support traders at different levels. These resources are available in the form of both texts and videos. Meanwhile, Minos Limited also provides several trading tool to improve trading efficiency, such as pip calculator, profit calculator, economic calendar, market news and more.

Customer Service:

Minos Limited provides 24/5 customer service support in several languages, including English, Chinese, Vietnamese, Malay, and Thai.

Clients can reach out to Minos Limited through email at support@minosbrokers.com Additionally, trading clients have the option to contact Minos Limited by phone at +9714 362 2222.

Conclusion:

To summarize, here's WikiFX's final verdict:

WikiFX, a global forex broker regulatory platform, has assigned Minos Limited a WikiScore of 5.28 out of 10.

Upon examining Minos Limited‘s license, WikiFX found that the broker is regulated by the United States’ National Futures Association. WikiFX has also validated the legitimacy of the said license.