Errantevs
MIFXForex Broker Comparison
Errante and MIFX face off on regulation, pricing, and platforms; the tension centers on safety versus platform depth.
Who should choose Errante vs MIFX?
Find out which broker best suits your trader profile.
Choose if…
Choose Errante if you value top-tier regulation with investor compensation and a larger instrument suite.
Choose if…
Choose MIFX if you prefer Indonesian regulation with a proprietary platform and local service.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Errante vs MIFX: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 3.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5▲ | 3.7 / 5 |
Errante vs MIFX Forex Broker Pros & Cons
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Errante vs MIFX: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
Errante
criteria wins
1
MIFX
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Errante | 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 | Pass | 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 | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
Errante vs MIFX: Frequently Asked Questions
Errante and MIFX share the same editorial score of 3.8/5. One concrete differentiator: MIFX requires a lower minimum deposit.
Errante starts from 0 pips, tighter than MIFX's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
MIFX has $30, while Errante requires at least $50. This makes MIFX more accessible for traders with limited starting capital.
Errante holds top-tier regulation (CySEC, FSA Seychelles), 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.
For beginners, two factors stand out: MIFX requires a lower minimum deposit ($30), lowering the barrier to entry, and Errante provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
Errante lists maximum leverage of 30:1, 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.
Errante charges $3 per lot on commission-based accounts. Commission details for MIFX are not currently available. Check their website for up-to-date pricing.
Errante supports MetaTrader 4, MetaTrader 5, while MIFX supports Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. Errante has exclusive access to MetaTrader 5. MIFX has exclusive access to Proprietary Web/Mobile.
