Two brokers face off on safety, pricing, and platform depth. The tension centers on regulatory scope and instrument variety across regions.
ActivTrades edges MIFX on editorial score, supported by FCA regulation and ActivTrader's built-in volatility protection. Investor protection features and segregated funds contribute to ActivTrades' lead.
Find out which broker best suits your trader profile.
Choose ActivTrades if…
Choose ActivTrades if you value FCA regulation, investor protection, and a broad 1000-instrument offering.
Choose MIFX if…
Choose MIFX if you prefer raw spreads, domestic Indonesian licences, and a smaller 65-instrument range.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
ActivTrades offers tighter spreads from 0.50 pips vs 1.50 pips for MIFX, reducing trading costs.
| Editorial score | 4.3/ 5 | 3.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 3.7 / 5 |
Pros
FCA regulated with supplemental insurance up to GBP 1,000,000 per client
ActivTrader's volatility protection feature is a genuine risk management differentiator
No minimum deposit
Strong southern European presence, Italian, Spanish, Portuguese support
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ActivTrades | MIFX |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
ActivTrades rates 4.3/5 versus 3.8/5 for MIFX. ActivTrades edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
ActivTrades starts from 0.5 pips, tighter than MIFX's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ActivTrades has no minimum deposit, while MIFX requires at least $30. This makes ActivTrades more accessible for traders with limited starting capital.
ActivTrades holds top-tier regulation (FCA, CMVM, SCB), providing stronger investor protections. MIFX may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
ActivTrades stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
ActivTrades lists maximum leverage of 400:1, while MIFX lists up to 100:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
ActivTrades supports MetaTrader 4, ActivTrader, while MIFX supports Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. ActivTrades has exclusive access to ActivTrader. MIFX has exclusive access to Proprietary Web/Mobile.
ActivTrades wins for safety and regulation due to FCA oversight and investor protection features.
ActivTrades attracts active traders with advanced charting and a broad 1000-instrument universe.
MIFX is better suited for scalpers: raw/ECN spreads available.
ActivTrades leads platform choice with ActivTrader plus MT4 support and volatility protection.
ActivTrades is better for beginners due to zero minimum deposit and protections.
ActivTrades offers far more instruments, 1000 versus MIFX's 65.
Fees & Spreads 30% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 4.3 / 5▲ | 3.8 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2001 | 2003 |
|---|
| Headquarters | London, United Kingdom | Jakarta, Indonesia |
|---|
| Min Deposit | No minimum▼ lower | $30 |
|---|
| Spreads From | 0.5 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 400:1▲ higher | 100:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPal | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA CMVM SCB | BAPPEBTI OJK |
|---|
| Platforms | MetaTrader 4 ActivTrader | Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Over 20 years of operation as an Indonesian-licensed broker
Holds both BAPPEBTI and OJK licences, full domestic regulatory compliance
Supports local Indonesian bank transfers for deposits and withdrawals
IDR account denomination avoids currency conversion costs
Client funds held in segregated accounts
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Cons
Product range narrower than IG or Saxo
No cTrader or raw ECN account option
Less known outside Europe compared to global competitors
Cons
Only available to Indonesian residents, no international clients
Limited asset classes compared to international brokers
Leverage capped at 100:1 under BAPPEBTI rules
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
Limited charting capabilities
Support available in limited languages
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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