Miles Capital

Mauritius | 2-5 years |

Suspicious Regulatory License | MT5 Full License | Regional Brokers | High potential risk

https://milescap.com/

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Company Summary

Miles Capital Review Summary
Founded	2022
Registered Country/Region	Mauritius
Regulation	No regulation
Market Instruments	Forex, shares, commodities, indices
Demo Account	✅
Spread	Floating from 1.5 pips (Classic account)
Leverage	Up to 200x
Trading Platform	MT5
Minimum Deposit	$50
Customer Support	Contact 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 Areas	The 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.

Pros and Cons

Pros	Cons
MetaTrader 5 platform	No regulation
Low minimum deposit	No 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.

What Can I Trade on Miles Capital?

Tradable Instruments	Supported
Forex	✔
Shares	✔
Commodities	✔
Indices	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

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 Type	Classic Account	Executive Account	Premium Account
Minimum Deposit	USD 50	USD 1000	USD 10,000
Spread	Floating from 1.5 pips	Floating from 1.2 pips	Floating 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.

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.