Recently, more and more companies have been registering in Mwali. In today’s review, we’ll discuss Mirrox, a firm that isn’t particularly well-known in trading circles. Let’s start with a warning — don’t fall for the company’s promises or attractive wording. It might turn out to be nothing more than an ordinary scam.
Brief Overview
- 🖥Official Website: https://www.mirrox.com/en/
- ✈️Contact Address: P.B. 1257 Bonovo Road, Fomboni, Comoros
- 📞Customer Support: support@mirrox.com, +447701426264
- 🔐Licensing and Accreditation: MISA
- ⏳Track Record: 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $250, 1:400
- 💰Additional Services: referral program, education
Mirrox.com Examination
The company’s official website has both pros and cons. Yes, it contains almost all the key information: details about licenses and the legal entity; a package of legal documents (AML & KYC policy, user agreement, and others), platform descriptions, account types, and additional tools. It also supports multiple languages, including some Asian ones, indicating the regions this organization is targeting.
However, the rest is riddled with flaws and negative aspects. For instance, brand icons like Nike and Tesla, are obviously inserted to create an illusion of scale and success. However, what do these companies have to do with Mirrox? Absolutely nothing. These are just visual tricks designed to exploit people’s trust in well-known brands. And the charts on the platform? Pure fakes. A few green and red candlesticks to make it look like “real trading”. A professional trading platform is far more complex and doesn’t try to be “pretty”, while here it’s just a picture for the gullible.
Most of the website’s text is meaningless fluff. It feels like it was written by an algorithm tasked with inserting as many generic phrases as possible. “Intuitive interface”, “advanced encryption”, and “transparent conditions”.
If you do a bit of research online, you’ll find dozens of similar websites. Change the logo, tweak the background color, add a few phrases, and voilà — a “new broker” is born. These sites lack individuality. They’re built on a “catch and release” principle. Their goal is to quickly attract clients, collect deposits, and vanish. That’s why there’s no depth in either the design or the content.
Overall, the Mirrox website is a textbook example of a broker that has invested more effort into packaging than substance. However, trading isn’t about flashy websites or bright colors. It’s about transparency, facts, and trust. And in this case, those qualities are clearly lacking.
Company Contacts
Users have several ways to communicate with managers:
- Email. Strangely, only one email address is provided, and it’s for technical support. Large companies typically categorize their emails by department: finance, tech support, verification, and others.
- Phone.
- Online chat. Response times are slow, and sometimes questions are left unanswered altogether.
- Social media accounts. Mirrox has few followers, and activity on their posts is minimal and weak. This suggests that the company has very little popularity among traders.
Key Conditions
The trading conditions offered by Mirrox are typical of any other offshore broker: high leverage, a steep minimum deposit, and no real competitive advantages.
First, the company employs a standard scam tactic. The broker offers five trading account types, and the better the plan, the more favorable the conditions. However, to access these benefits, clients need to invest more money. Classic. Want tighter spreads? Hand over more funds.
Second, the leverage of 1:400 carries enormous risks. There’s a reason why reputable financial regulators forbid companies from offering such high leverage. Mirrox is an offshore firm, and it doesn’t care about the restrictions imposed by respected financial commissions.
Third, spreads range from 0.9 to 2.5 pips, with no commission. Yes, the firm charges inactivity and maintenance fees, but they’re minor — $10 monthly. We doubt this even covers the company’s operational costs. This raises the question: “How does the platform make money?” The answer is simple. It profits when clients lose money. After all, it operates as a basic dealing desk.
In short, Mirrox encourages clients to take massive risks through high leverage because it benefits the company. They are financially incentivized for traders to lose money. Is there any point in trading under such conditions?
Exposing Mirrox
Now, let’s address the firm’s legitimacy. The broker provides details about its legal entity: Capital Crest Ltd, registered in Mwali, and licensed by MISA. We checked the official registry and confirmed this was true. Such a firm was indeed registered with MISA in 2024.
However, do not think that Mirrox is a safe broker where you can confidently invest your money. That is far from the truth, and here’s why.
What is MISA? It is a so-called “regulator” operating in the Comoros Islands. However, here’s the catch: this regulator is so “weak” that you won’t find any substantial information about it in professional circles. It doesn’t check brokers for reliability, enforce standards, or do much beyond issuing licenses for money. Essentially, anyone can obtain such a “license” without even having a legitimate company. It’s like buying a fake diploma — it sounds impressive, but it’s meaningless.
Why the Comoros Islands? It’s simple. This is a tiny offshore zone with minimal government oversight. Local authorities turn a blind eye to any schemes as long as they collect their registration fees. As a result, such places have become havens for scammers looking to evade real regulators, like those in the United States, the United Kingdom, or the European Union. Dealing with legitimate regulators is a complex process — you must follow laws, maintain reserves, and submit reports. However, here, you just pay the fee, and voilà, you’re a “broker”.
If a broker is registered in such a jurisdiction, it means that in case of any problems, you’re on your own. Nobody will return your money. Even if the company goes bankrupt or simply “disappears”, there’s no compensation fund or legal protection. Calling MISA is pointless. They’ll only confirm that the license was issued, but they can’t do anything to help. And seeking justice in the Comoros is like trying to catch smoke with your hands.
So, the question is: why would Mirrox choose such a dubious regulator if it were truly honest? The answer is obvious. Honest firms work with transparent regulators that actively monitor and control their operations. Here, it’s clearly an attempt to hide behind an offshore shield to avoid accountability.
What Reviews Do Users Leave?
To attract new victims to their scams, fraudsters post fake positive reviews — and this is hardly surprising. Only illegal and dishonest companies like Mirrox resort to such tactics. All the comments look alike, including their length. You don’t need extensive trading experience to see through this.
Conclusions
In trading, transparency, reliable regulation, and real funds protection are crucial. With Mirrox, all you get are empty promises, hiding an agenda to drain as much money as possible from you. If you want to safeguard your money and peace of mind, it’s better to steer clear of such “brokers”.
Pros/Cons
- The site supports several languages.
- The firm is officially registered with MISA.
- Huge risks.
- Offshore registration.
- Fake positive reviews.
- Conflict of interest as the firm benefits from client losses.
- A short period of operation.
You won’t find a worse broker. I traded here for two months, and it was a miserable and terrible experience. The huge spreads were a constant obstacle, along with platform lags and freezes. Stable, problem-free trading is impossible. It feels like the company deliberately hinders its clients. I even tried filing complaints with MISA, but they went unanswered. The regulator doesn’t care about traders’ issues. In the end, I lost my money and gained nothing but a negative experience. I wouldn’t recommend this scammy trash to anyone.
MIRROX is a textbook example of a fraudulent operation. Scammers register their fake brokerage platforms with MISA because it’s easy and cheap. People mistakenly believe these are legitimate companies, but that’s far from the truth. Traders and investors, if you see MWALI and MISA – consider it a red flag. This is a scam!
I initially deposited 250 USD on 07.02.2025 to begin a simple forex trading but my account manager Waleed asked me to add 251 USD more in order to activate automatic closing of profits. After I added 501 USD I opened few forex trade as per the account manager. He insisted me to invest in gold for 5000 USD as the prices were going up and i was hesitant to put so much money and I denied as I was doubtful about their promises but he made me gain a profit of 48 USD and I withdrawn the same. After that he promised me that within 2 days he will get me 10000 USD profit if I now invest 5000 USD. After 2 days with the hope of getting profit i added 5000 USD with great difficulty from my savings and credit card also from the Mirrox side he added a credit of 1000 USD. In 4 days as per his advice I opened few trades and closed as and when I went on profit.
I reached a stage where I had a margin of 250% and a balance of 9800 USD on 19.02.2025 with 3 open positions with a loss of 3000 usd. At that time if I had closed them in loss atleast I would have lost 3000 and balance 6800 would have been in profit but Waleed did not allow me to do so. So I placed a request for withdrawal of 3000 USD to pay my credit card bill as 4000 USD was paid from that but he made me open few more trades but I denied as I wanted to withdraw profit first but he said more profits can be made and made me to open few more trades on gold and other forex on 19.02.2025 and that lead to a disaster loss of -8500 USD with profit margin dropping to 32%. When I woke up and saw early morning I was shocked to see my withdrawal was rejected by then due to lesser margin. Then next day on 20.02.2025 he kept calling me and asked me to add 1000 USD to save the account from getting closed under loss and he said he will add 1000 USD from the company. But by then I had an impression that these guys won’t allow me to withdraw profit but make me open more trading positions which will lock my profits and SWAP eating away daily Profits. I denied adding as my initial promises which Waleed gave were not fulfilled and felt after adding I might again land up in a similar earlier situation and within 20 minutes my profits were booked as loss and the trade was closed as STOP OUT. All profits were booked as loss and balance became -9500 USD. I was almost dead looking at the screen and my situation
I am in the same situation started march 1st week now I lost everything invested 500$ my emergency fund on them .they also promised me to regain my loss so I must invest again 250$ they will invest 250$ from company .so we can trade only on gold 500$. so I was checking about their reality and found in this site
Same story as yours happened with me in the month of April and on 14th May I was also shocked to see the trades closed for Stop out
All stories are helpful. It’s unfortunate that indian times also giving this kind of fake advertisements promotions. they will give some constant applause in the background saying they are doing some great work. all are traps. seems i am also going to loos my 250$
Mirrox.com is a web based bogus Trading platform!!
It has unauthorized control of Financial transactions within Client’s Trading account. I am the victim of this activity, first approach is very polite and pretending manner. They ask for minimum deposit of 250 USD. And they mislead and convince the people to open the Trading account in the name of Great celebrities and AI Trading platform, but real fact is that they neither have connections with those celebrities, nor have AI Trading Platform, they use to recommend bogus trades to earn brokerages and charge money in variable manners. I lost total of my deposits along with earned surplus because of bogus recommendations. I lodged complaints regarding this and also wrote a review at Trustpilot.com. The peculiar fact is that they called me and requested me to delete the review from Trustpilot.com and convinced me to refund my losses/ unauthorized deductions. They also asked me to sign some settlement papers digitally and informed me that they would credit the fund into my trading account. I refused to delete the review and sign the digital papers until unless my account is credited back. Then they credited 250 USD in my Trading account on 9th may, 2025, Friday at night. I signed their papers digitally and deleted the review. In between two days – Saturday and Sunday (No Trading days), it didn’t worth me, but on Monday (yesterday) 13th may, 2025, my trading account balance had been deducted (the refund amount had been taken back by Mirrox.com) resulting in Zero balance. This is how, I have been victimized and cheated by Mirrox.com.
Mirrox.com is a trap built for innocent people to play with their emotions as well as money. l will request all those who are reading these reviews on fincapital, please don’t invest a single penny in mirrox as you will be cheated very badly.l am in depression from 5 days as l borrowed loan to invest in this and l lost everything.
My experience with mirrox.com was decent overall. My account manager was quite available and used to call me a few times per day in the beginning. I told him there was no need for that many calls and we agreed to continue with just one call per day which suits me much better. I made a withdrawal a few weeks ago and the money was back in my account within seven days which was good. I’ll update here if anything changes, but so far I’m satisfied
I started in the first week of March with $500, and yes, it was a tough decision because it was my emergency fund. But my account manager really tried to help me grow that amount carefully. They offered to match an additional $250 to open gold trades, and I appreciated the gesture. I was skeptical at first, but they explained everything transparently. I took the time to do my research and even found this site, and I’m glad I did because I now know how to manage my positions better. I’m not rich, but I’ve learned a lot and I’m planning my next deposit more wisely..
My journey with Mirrox has been an emotional rollercoaster, but also educational. I started small with $250, and the account manager encouraged me to explore features like profit auto-closing and trading in gold. At first, I was skeptical, but I did see returns, including a $48 withdrawal which arrived without issues. I later invested more and even received a $1000 credit from the company, which felt like a vote of confidence. There were ups and downs, especially when I had multiple open positions, but the team always tried to help me recover. I did end up with losses, but I also gained clarity and trading discipline. I now know what mistakes not to repeat—and I genuinely appreciate the learning curve
I was worried at first after reading some reviews calling Mirrox a scam, but my experience was actually good. I deposited $250, traded gold, and withdrew profits with no problem.
Mirrox is not trustworthy and it is well organized scam which is running online to deposit the innocent people money to Mirrox account for their earning. They do it so systematically so no one can doubt their intentions but finally the all the money deposited in Mirrox has been lost. After complaint also they are becoming arrogant and not giving any support also. Don’t trust this company at all.
Same things has happened with me as well. They convinced me to put 250 USD on the pretext of falling margins and i have lost all my money. They are fooling people have taken up my every penny and looted me. Please dont trust these mirrox people.