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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

Miles Capital

Mauritius Mauritius | 2-5 years |
Suspicious Regulatory License | MT5 Full License | Global Business | High potential risk

https://milescap.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

MilesCapital-Server

Singapore
Singapore
MT5
3

Influence

D

Influence index NO.1

India India 2.38

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
MilesCapital-Server MT5
Server Location Singapore Singapore

Influence

Influence

D

Influence index NO.1

India India 2.38
Surpassed 20.90% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+971 50 457 1881
info@milescap.com
https://milescap.com/
Premier Business Centre, 10th Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius
Licenses

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

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Mauritius Mauritius
Operating Period
2-5 years
Company Name
Miles Capital Limited
Customer Service Email Address
info@milescap.com
Contact Number
+971504571881
Company Website
Account
Related Software
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
186.67
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Meta Trader 5
Perfect

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Official website

Website

  • United States milescapital.global
    68.178.170.245
  • United States milescap.com
    104.26.7.158

Genealogy

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Relevant Enterprises

MILES CAPITAL LIMITED(United Kingdom)
United Kingdom
MILES CAPITAL LIMITED(United Kingdom)
Deregistered
United Kingdom
Registration No. 04749615
Established
Related sources Website Announcement
Employees

Company Summary

Miles Capital Review Summary
Founded2022
Registered Country/RegionMauritius
RegulationNo regulation
Market InstrumentsForex, shares, commodities, indices
Demo Account
SpreadFloating from 1.5 pips (Classic account)
Leverage Up to 200x
Trading PlatformMT5
Minimum Deposit$50
Customer SupportContact form
Email: info@milescap.com
Address: Premier Business Centre, 10th Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius; Centurion Star Building , B Block , Office No 801 , Opp Deira City Centre , Port Saeed, Post box 96974, Dubai - UAE.
Facebook, LinkedIn, Twitter, Instagram
Restricted AreasThe United States, Cuba, Iraq, Myanmar, North Korea, Sudan, Iran, Somalia, Syrian Arab Republic, Yemen, Republic of Congo

Miles Capital Information

Miles Capital is a brokerage company who mainly offers trading services in forex, share, commodities and indices. The company polish their trading services by offering value-added consultant, strategy and investment advice services.

It provides a demo account for practicing and MetaTrader 5 platform to enhance customer experience.

However, the broker is currently not being well-regulated by any official authorities, which degrades its credibility and trustworthiness.

Miles Capital's homepage

Pros and Cons

Pros Cons
MetaTrader 5 platformNo regulation
Low minimum depositNo live chat support
Demo accounts

Is Miles Capital Legit?

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

No license

What Can I Trade on Miles Capital?

Tradable Instruments Supported
Forex
Shares
Commodities
Indices
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on Miles Capital?

Account Type & Fees

Miles Capital offers a demo account for traders to test their trading strategies before committing real money, thus to mitigate risks.

In addition, 3 tiered live accounts with different trading conditions are available, targetting various client groups:

Account TypeClassic AccountExecutive AccountPremium Account
Minimum DepositUSD 50USD 1000USD 10,000
Spread Floating from 1.5 pipsFloating from 1.2 pipsFloating from 0 pips
Commission From USD 6

Minimum trading volume is 0.01 lot and swap free, telephone trading and personal account manager are available for each account.

Classic account details

Leverage

Miles Capital sets maximum leverage level at 1:100 for metals and 1:200 for forex. Note that high leverage can amplify not only profits but also losses.

Trading Platform

Miles Capital also offers the industry-leading and reliable MetaTrader 5 platform, which has robust functionalities such as automate trading and technical analysis. This is undoubtedly shinning point of this company, but when choosing a broker to trade, you should always combine the highlights and lowlights.

Trading PlatformSupported Available Devices Suitable for
MT5Web/Windows/MobileExperienced traders
MT4/Beginners
MT5 platform

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Global Business
  • High potential risk

Wiki Q&A

Thobani Dlalda
Thobani Dlalda
1-2 years

Is Miles Capital regulated?

WikiFX
WikiFX Reply

No, Miles Capital is an unregulated broker. Personally, I find this to be a significant concern. Regulation offers a layer of protection for traders, and without it, my funds could be at risk. As someone who values security, I would be cautious when considering any investment with Miles Capital.

Broker Issues
Miles Capital
Miles Capital
Regulation
08-04
United States
edgeisedge
edgeisedge
1-2 years

What account types does Miles Capital offer?

WikiFX
WikiFX Reply

Miles Capital offers three live account types: Classic, Executive, and Premium. The Classic account requires a minimum deposit of $50, while the Executive and Premium accounts offer tighter spreads and additional features, such as a personal account manager. I would choose the account based on my trading needs and capital.

Broker Issues
Miles Capital
Miles Capital
Instruments
Account
Platform
Leverage
06-22
United States
Vahid
Vahid
1-2 years

Are there commissions with Miles Capital?

WikiFX
WikiFX Reply

Miles Capital does not charge commissions on the Classic or Executive accounts, but for the Premium account, there is a commission starting at $6 per transaction. As an active trader, I appreciate the transparency on this, but I would still confirm if there are additional charges that might affect my trading costs.

Broker Issues
Miles Capital
Miles Capital
Fees and Spreads
06-01
United States
Mansuber007
Mansuber007
1-2 years

What is the minimum deposit with Miles Capital?

WikiFX
WikiFX Reply

The minimum deposit required to open a Classic account with Miles Capital is $50, which I think is quite affordable for beginners. However, if I want more advanced features, such as tighter spreads or a personal account manager, I would need to deposit at least $1,000 for the Executive account or $10,000 for the Premium account.

Broker Issues
Miles Capital
Miles Capital
Withdrawal
Deposit
05-25
United States
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