Mirrox is a brokerage company registered in Comoros and offers more than 160 trading instruments for trading. These include forex, stocks, metals, indices and cryptocurrencies.

The broker provides a demo account for practicing before actual trading and 5 tiered live accounts for different client groups. To protect customer funds, Mirrox implements segregated accounts to separate client assets from operational funds.

However, the broker charges a series of trading fees and inactivity fees, which is the most sensitive points for traders.

Furthermore, the broker is not being well-regulated by any official authorities so far, which further degrades its credibility and trustworthiness.

Is Mirrox Legit?
The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. Mirrox is an unregulated broker, which means that the safety of users’ funds and trading activities are not effectively protected. Investors should choose Mirrox with caution.

Account Type & Spread
To start with Mirrox, you are suggested to start with a free demo account with virtual money to practice and get familiar with the platform first due to high minimum deposit at USD 250 with live accounts.

There are 5 tiered accounts with varying starting spreads, namely Classic, Silver, Gold, Platinum and VIP. The higher level the account is, the tighter the spread will be.

Trading Platform
Mirrox offers a proprietary trading platform which can be downloaded on mobile phones via Firebase App Distribution.

Traders can also access the platform via web, which has no limitation for devices to traders.

The platform is said to have customizable interface, as well as precise visual analytics and extensive trading tools to enable traders to make data-driven decisions.