MARKETS INDEX

MARKETS INDEX, operated by MI Global Limited, presents a profile that demands significant caution. The broker's WikiFX score of 1.47 reflects critical deficiencies in its regulatory standing and business health. As an entity registered in Saint Lucia and operating for less than a year without oversight from any major financial authority, client funds are not protected by standard compensation schemes. While it offers accounts with features like 1:1000 leverage and supports scalping and Expert Advisors, engaging with an unregulated offshore entity carries inherent risks, including a lack of formal dispute resolution channels.

No, MARKETS INDEX is not regulated by any recognized financial authority. The broker operates under MI Global Limited, which is registered in Saint Lucia, a jurisdiction not known for stringent forex trading oversight. A review of its licensing data shows no valid forex trading licenses from major regulators such as the FCA, ASIC, or CySEC. The entity operates without credible, independent financial supervision.

MARKETS INDEX is a newly established broker, having been in operation for less than one year. This short operational history means there is limited public track record or long-term user feedback available to assess its performance and reliability.

MARKETS INDEX provides four primary live account types. The CENT account requires a minimum deposit of $20 and offers spreads from 1.6 pips. The STANDARD account requires $200 with spreads from 1.0 pips. The ECN RAW account has a $1000 minimum deposit and spreads from 0.3 pips. The top-tier VIP PROFESSIONAL account requires a $5000 deposit with spreads from 0.1 pips. All accounts feature a maximum leverage of 1:1000, support scalping, allow the use of Expert Advisors (EAs), and offer swap-free Islamic account options.