Choosing a trusted broker nowadays is a true nightmare for inexperienced traders. This is primarily because any company can present you with any details they want. But in most cases, they don’t back up those statements with trusted regulations.
In this case, the company presents its members as people with more than 20 years of experience on average. And yet, none of those people can be found on social networks. Discover this and many more irregularities in our unbiased Mira Investments review.
Regulated by: | No regulations |
Is This Company Safe? | No |
Known Websites: | https://mirainvestments.ltd/ |
Have Warnings from: | CNMV, IOSCO, FSMA, CONSOB |
Registered in: | N/A |
Operating since: | 2023 |
Trading Platforms: | Proprietary web trader |
Maximum Leverage: | 1:200 |
Minimum Deposit: | $250 |
Deposit Bonus: | Available |
Trading Assets: | Forex, indices, stocks, commodities |
Free Demo Account: | No |
How to Withdraw from This Company? | Even though the company presents us with a variety of withdrawal options, this firm has been found on numerous warning lists. Therefore, you can consider withdrawals impossible. If you have a hard time getting your money back, contact us for alternative options. |
Legal info: Is Mira Investments Legit or a Scam?
One of the first signs not to trust some companies is a lack of transparency about legal information. Starting with addresses, contacts, and registration details, there’s nothing on their website. However, traders should remember that transparency about those is nothing compared to missing regulations. Usually, these things come together.
Anyway, to find out is Mira Investments Limited legit, you just have to search for its license. Instead of regulation details, you can only find warnings issued against them. These come from authorities such as CONSOB, CNMV, FSMA, AMF, and IOSCO. With this in mind, there’s no doubt the company is an absolute scam.
Who are Mira Investments’ Victims?
As mentioned, the company presents itself as an experienced and reliable partner to all traders. However, with their registration in August 2023 and victims coming from top-tier regulated countries, we highly doubt their legitimacy. Therefore, if you come from the following countries, be careful:
- United States
- United Kingdom
- United Arab Emirates
To learn more about potential issues with brokers, we advise you to read our Bullwaves review as well. Ultimately, if you can’t find a solution to your trading problem there, feel free to reach out to our refund experts for a free consultation.
Traders Reviews
If you look at the reviews of Mira Investments Ltd, you will realize those are quite disastrous. For instance, on Trustpilot, 9 out of 9 comments include some complaints. With this in mind, what can make you trust this firm?
All complaints include some kind of withdrawal problems and manipulations. If you are an inexperienced trader and don’t know how to recognize such traps before they happen, check our Pulse Investments review. Or simply contact our chargeback experts and find out all you want to know.
Leverage, Commissions, Spreads, Fees and Taxes
When it comes to trading conditions, our Mira Investments review won’t help you much there. But only because the company doesn’t reveal anything except the leverage.
On the positive side, their leverage confirms their scamming activities. In general, US authorities allow brokers to offer a maximum of 1:50 while UK authorities allow the leverage of 1:30 for retail users. Yet, with this brokerage, you can get up to 1:200.
Bonuses
Another Mira Investments Limited scam activity is hidden behind its bonus policy. They will appear quite generous, but in reality, they have a trick to keep your funds in their pockets.
The key point is to avoid accepting bonuses. Otherwise, you’ll have to reach a minimum trading volume of 25 times the bonus amount plus deposit. But even then, the company might find obstacles as to why you can’t withdraw funds.
Mira Investments Trading Features
One of the key features the company offers is trading signals. This means that they most likely advertise their services on social networks as automated or something similar.
In any case, those features are meaningless without adequate licenses. Nevertheless, besides trading signals, the company doesn’t mention any other features worth mentioning.
Trading Platforms Available
If you check the website, you will find only a mention of a powerful web-based platform. This detail should ring a bell in your head about Mira Investments scam activities. These platforms often don’t include any advanced trading options, even though the company might advertise those.
Whether they exist or not, without licenses, you can only expect the platform to be fully controlled by the company’s staff. That’s why using software like cTrader or MetaTrader makes a lot more sense.
Available Trading Assets
One of the big benefits the company promotes is the availability of more than 450 tradeable assets. But here’s the key question: does that matter without adequate regulations? Certainly not, because none of the data presented about those can be trusted.
Anyway, the offer consists of:
- Forex – USD/EUR, CHF/AUD
- CFDs – gold, crude oil, DAX30
Account Types
The only things you can get if you deposit more money with this firm are personal analysts, higher leverage, tighter unknown spreads, and more tradeable assets. To get those features, you’ll have to deposit the following amounts:
- Silver – $250
- Gold – $5.000
- Premium – $20.000
- VIP – $50.000
Mobile Trading App
Trading on the go can make a huge impact on your trading balance, especially if you use news trading strategies or third-party apps for your decisions. That’s why navigating through trusted mobile apps is a great thing. Sadly, with this brokerage, you won’t have that option available.
Demo Account
Another disadvantage is a lack of demo accounts. Considering their minimum deposit requirement of $250 and hidden trading conditions, that’s a huge problem. Fairly, that’s why you should stick with licensed firms.
Education
Besides analyst support, traders can also download PDF materials for trading education. However, there are no live webinars, live sessions, or any advanced trading education available.
Mira Investments Withdrawal
One of the leading issues traders have is the Mira Investments withdrawal procedure. With quite a poor withdrawal policy, you can’t expect anything to be easy or straightforward.
Generally, with a processing time of up to 10 days, there’s nothing to look for with this brokerage. On top of that, with unclear withdrawal fees, you can expect a lot of surprises.
Customer Support
To file any Mira Investments complaints, you can only use e-mail. And the response is expected between 9 AM and 6 PM on weekdays. Compared with other support options with licensed firms available 24/7, this is quite a poor one. All in all, nothing you can rely on.
Key Information To Consider About Mira Investments
Numerous warnings, lack of regulations and transparency, but also hidden trading conditions are key issues with this trading firm. Honestly, there’s not a single reason to trust them. Yet, we all can be lured by attractive offers. The key thing is to know how to react to it.
Therefore, if you feel like you are getting scammed by this firm, get in touch for professional refund assistance. Don’t let them get away with your money.
FAQ Section
What is Mira Investments Limited?
Mira Investments Limited is an anonymous FX and CFD trading firm that has been scamming traders worldwide since 2023.
Is Mira Investments LTD a Scam or Legit?
Due to the absence of trusted regulations and after multiple warnings against this firm, it’s clear they are not a legitimate trading company.
Where is Mira Investments Located?
Mira Investments company didn’t disclose its location. With such anonymous services, we advise you simply to withdraw your money. If any problem occurs, get in touch for refund options.