MINA GROUP is a forex broker officially registered on September 7, 2023. It primarily offers financial trading services such as forex, precious metals, and indices to investors. The company is headquartered in Al-Bireh, Iraq. The broker's official website primarily supports English services and does not provide services to jurisdictions that may violate local laws or regulations, including but not limited to the United States, Iran, and Canada.
Corporate Background and Regulatory Status:
According to publicly available information on its website, MINA GROUP's registered entity is Mina Group Fx LTD, with a registered address at Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia, P.O Box 838, Castries, Saint Lucia. The company registration number is 203-00434, and the actual office address is 496 Italian Village, Erbil, Iraq. However, the official website of the Saint Lucia Companies Registry does not show any entity named Mina Group Fx LTD. Still, the International Business Companies and International Trusts Registry in Saint Lucia indicates the existence of an international business company with the same name. Additionally, the forex trading and brokerage business operated by this entity are not under the legal regulation of any official financial institution in any country or region.
Account Opening:
To open an account with MINA GROUP, one needs to fill out the registration form on its official website, including name, phone number, email address, country, and password. After submission, approval is required from the broker.
Account Types:
The broker's website does not disclose the types of accounts it offers, and key information related to trading, such as minimum deposit amount, spreads, trading leverage, minimum/maximum trade volume, maximum position size, overnight fees, trading commissions, and trade execution type, is not provided.
Trading Platform:
MINA GROUP's website indicates that it offers the MT5 trading platform, serviced by Mina Group Fx Ltd.
入金和出金：
该经纪商官网并未明确提出其所支持的出入金方式。
客户支持：
MINA GROUP支持用户通过电话+964 770 337 33 38或电子邮件info@minagroupfx.com发送请求获取客户支持。用户还可以通过该经纪商官网的在线联系获取客户支持。
Summary:
Traderknows reminds investors that MINA GROUP is a forex broker without any forex license issued by any national regulatory authority. The forex trading and brokerage business operated by MINA GROUP lack effective regulation. Moreover, crucial information regarding account types, minimum deposit amount, spreads, trading leverage, minimum/maximum trade volume, maximum position size, overnight fees, trading commissions, trade execution type, deposit and withdrawal methods, etc., is not disclosed on its official website. Traderknows recommends investors choose well-established platforms with legitimate regulation and a good reputation to avoid potential financial losses. Currently, this broker is marked as "suspected fraud" on Traderknows.
