Miles Capital Is A Brokerage Company Registered In Mauritius And Established In 2023. However, It Needs To Be Noted That The Company Lacks Legitimate Regulatory Oversight. Traditional Accounts Require A Minimum Deposit Of $50 And Offer Leverage For Forex Trading Up To 1:200. Spreads Start From 1.5 Pips (floating Type). Miles Capital Operates On The MetaTrader 5 (MT5) Trading Platform And Offers A Wide Range Of Tradable Assets Including Forex, Metals, Commodities, Indices, Cryptocurrencies, Stocks And Bonds. They Offer Three Account Types: Classic Account, Execution Account And Premium Access Account And Offer Demo Account And Islamic Account Options With Support For Interest-free Trading. Customer Support Is Available Via Phone And Email. It Is Important To Note That Miles Capital Offers Limited Support In Terms Of Educational Resources.
Company Profile
Established In 2023, Miles Capital Is Registered In Mauritius. However, Its Operations Are Not Overseen By Any Formal Regulatory Body, Which Adds To Concerns About Its Legitimacy And Credibility. As A Brokerage Firm, Miles Capital Offers A Diverse Range Of Financial Services To Meet The Needs Of Different Traders.
Trading Instruments
Miles Capital Offers A Wide Range Of Financial Instruments, Covering:
Forex Trading: Trading Multiple Currency Pairs.
Precious Metals: Such As Gold And Silver.
Commodities: Such As Crude Oil And Agricultural Products.
Indices: Track Major Global Stock Market Indices.
Cryptocurrencies: Trade Digital Assets Such As Bitcoin, Ethereum, Etc.
Stocks: Trade Stocks Of Publicly Listed Companies.
Bonds: Invest In A Variety Of Government And Corporate Bonds.
Account Types
Miles Capital Offers Multiple Account Types:
- Classic Account
Minimum Deposit: $50.
Spread: From 1.5 Pips, Floating Type.
Leverage: Forex Trading Up To 1:200 And Precious Metals Trading Up To 1:100.
Features: Offers No Swap Transaction Option, Suitable For Beginners Or Traders With Limited Funds.
- EXECUTIVE ACCOUNT
Minimum Deposit: $1,000.
Spread: From 1.2 Pips, Floating Type.
Leverage: Same As Classic Account.
Features: Suitable For Traders With Certain Funds And Experience.
- PREMIUM ACCOUNT
Minimum Deposit: $10,000.
Spread: From 0 Pips, Original.
Leverage: Same As Classic Account.
Features: Suitable For High Net Worth And Experienced Traders.
Leverage & Trading Conditions
Miles Capital Offers Flexible Leverage Settings:
Leverage Up To 1:200 For Forex Trading And 1:100 For Precious Metals Trading.
Spreads Vary By Account Type, With A Minimum Of 0 Pips.
Traders Are Advised To Use Leverage Cautiously To Avoid Potentially Large Risks.
Trading Platform
The Core Trading Platform Of Miles Capital Is MetaTrader 5 (MT5), Which Is Known For Its Powerful Features And Multi-device Support. It Is Suitable For:
Desktop: Windows, MacOS
Mobile End: IOS And Android
Web End: No Download Required, Access To The Advanced Charting Tools And Fast Execution Capabilities Of MT5 Directly From The Browser, Making It A Popular Choice For Both Novice And Experienced Traders.
Customer Support
Support Channels Include:
Tel: + 971 4252 3475
Email: Support @MilesCapital.com
Entity Address: Dubai, UAE
Advantages And Disadvantages
Advantages
Diversified Market Tools.
Multiple Account Types To Meet Different Needs.
Powerful MT5 Trading Platform.
Competitive Spread And Leverage Options.
Set Up An Islamic Account For Interest-free Trading.
Disadvantages
Lack Of Regulation And Latent Risk.
Limited Educational Resources.
Deposit And Withdrawal Methods Are Not Clearly Stated.
Summary
Miles Capital Offers A Wide And Diverse Range Of Trading Tools Suitable For Traders Of Different Levels And Funds. Its MT5 Platform Is Highly Functional And Has Diverse Avenues For Customer Support. However, Its Unregulated Status And Limited Educational Resources Are Major Risks. Prospective Clients Should Consider It Carefully And Assess Whether It Meets Their Needs. A Regulated Alternative May Be A Safer Option.
