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Score

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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

United States United States 2.49

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
MilesCapital-ServerMT5
Server LocationSingaporeSingapore

Influence

Influence

D

Influence index NO.1

United States United States 2.49
Surpassed 21.30% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+230 245 6703
https://milescap.com/
Premier Business Centre, 10th Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius
Forex License
Other 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Mauritius
Operating Period
2-5 years
Company Name
Miles Capital Limited
Customer Service Email Address
info@milescap.com
Contact Number
+2302456703
Company Website
Account
Related Software
Biz Area
Website
Genealogy
Related Companies
Employees
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
185.33
velocityIcon
Average Latency (ms)/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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MILES CAPITAL

Related Companies

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

Company Profile

Company Profile

Review 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

Is MILES CAPITAL a reliable or highly suspicious trading platform?

Miles Capital Limited operates without verified mainstream financial regulation, which places it outside the oversight mechanisms of major global authorities and represents a significant counterparty risk for traders.

Three days ago
United States

What regulatory licenses does MILES CAPITAL hold?

Miles Capital holds no valid forex trading licenses from major regulatory bodies such as the FCA, ASIC, or CySEC. While it is listed with a 'Securities Trading License (EP)' from Mauritius' FSC, this is not recognized as an authoritative forex license, meaning the broker operates globally without credible regulatory protection for client funds.

Three days ago
United States

Where is MILES CAPITAL registered?

Miles Capital Limited is registered in Mauritius and has been in operation for 2-5 years, offering its services on a global scale.

Three days ago
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Three days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Three days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Three days ago
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

Three days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Three days ago
United States
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