In this comparison, Markets.com and MIFX collide over regulation scope, instrument breadth, and platform ecosystems, while pricing structures and regional availability shape the decision.
Find out which broker best suits your trader profile.
Choose if…
Choose Markets.com for four-jurisdiction regulation and access to 2,200+ instruments with a $25 minimum deposit.
Choose if…
Choose MIFX if you prefer domestic Indonesian regulation with a raw spread option and IDR-denominated deposits.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.0/ 5 | 3.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 3.7 / 5 |
Pros
CySEC, FCA, ASIC, and FSCA four-jurisdiction regulation
$25 minimum deposit - lowest among brokers with this regulatory stack
2,200+ instruments including shares CFDs
FSCS protection (UK) and ICF compensation (EU)
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Markets.com | 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 |
The scores are close: Markets.com rates 4/5 and MIFX rates 3.8/5. Markets.com has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Markets.com starts from 0.6 pips, tighter than MIFX's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Markets.com has $25, while MIFX requires at least $30. This makes Markets.com more accessible for traders with limited starting capital.
Markets.com holds top-tier regulation (ASIC, CySEC, FCA), 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.
Markets.com 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.
Markets.com 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.
Markets.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while MIFX supports Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. Markets.com has exclusive access to MetaTrader 5.
Markets.com offers tighter spreads from 0.60 pips vs 1.50 pips for MIFX, reducing trading costs.
Markets.com wins for safety and regulation with four major authorities and investor compensation schemes.
Markets.com wins for active traders with MT4/MT5, a proprietary platform, and advanced charting.
MIFX is better suited for scalpers: raw/ECN spreads available.
Markets.com leads for platform choice with MT4, MT5, and a proprietary platform.
Markets.com suits beginners with a low $25 minimum deposit and strong regulatory protection.
Markets.com has far more instruments, over 2,200 compared with MIFX's 65.
Fees & Spreads 30% weight | 4.1 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 3.9 / 5▲ | 3.8 / 5 |
|---|
Customer Support 10% weight | 4.0 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2009 | 2003 |
|---|
| Headquarters | Limassol, Cyprus | Jakarta, Indonesia |
|---|
| Min Deposit | $25▼ lower | $30 |
|---|
| Spreads From | 0.6 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 30:1▲ higher | 100:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CySEC FCA FSCA | BAPPEBTI OJK |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | 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
Spread-only pricing, no raw ECN account
Research tools limited, no analyst reports or stock screener
Not available to US clients
Platform analytical depth below Saxo or IG
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
Markets.com edges MIFX on editorial score, thanks to four-jurisdiction regulation and a broader 2,200+ instrument offering.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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