Mirrox Review – Is Mirrox Trading Real or Fake? Guide to Trade with the Use of the Economic Calendar
Trading without up-to-date information is like navigating in the dark. For serious traders, the economic calendar is a vital tool to stay ahead of market volatility. When used in combination with the Mirrox trading platform, it can help you make smarter, data-driven decisions.
In this guide, we’ll explore how to use the economic calendar effectively and why Mirrox broker is a solid choice for executing news-driven trades.
Why Choose Mirrox Broker?
Mirrox is an international forex and CFD broker registered in Comoros. While some may associate offshore firms with being an unregulated forex broker, Mirrox operates as a fully regulated forex broker, offering traders secure access to over 160+ instruments, including:
- Forex
- Stocks
- Commodities
- Indices
- Cryptocurrencies
Here’s what sets Mirrox apart:
- High leverage broker (up to 1:400)
- A demo account to practice your strategy
- Multiple tiered account types with tight spreads
- Proprietary mobile and web trading platform
- Multilingual Mirrox customer support available 24/7
- Segregated client funds for added safety
What Is the Economic Calendar and Why It Matters
An economic calendar is a trader’s roadmap to market-moving events such as:
- Central bank interest rate decisions
- Inflation data (CPI, PPI)
- GDP growth reports
- Employment figures (NFP, jobless claims)
These events create short-term volatility, which experienced traders can leverage for profit. Using the calendar allows you to plan ahead, manage risk, and react fast to economic news.
How to Use the Economic Calendar with Mirrox
Even though Mirrox does not support MT4/MT5, it offers a lightweight, responsive proprietary platform that traders can use on both web and mobile devices.
Here’s how to incorporate the economic calendar into your strategy:
1. Choose a Reliable Economic Calendar
Use platforms like:
- Forex Factory
- Investing.com
2. Focus on Relevant Events
Filter for high-impact events that affect the instruments you’re trading. For example:
- Trade USD pairs around Non-Farm Payrolls (NFP)
- Monitor CPI releases for inflation-linked assets
3. Understand the Forecast vs. Actual
The difference between expected and actual results often causes volatility. Learn to anticipate these reactions.
4. Test Strategies in a Demo Account
Before trading with real funds, use the Mirrox demo account to test how the market reacts to economic data.
Mirrox Account Types and Spreads
Mirrox offers 5 tiered live accounts to suit various trader levels:
Each account type offers access to the same instruments but with varying spreads and trading conditions.
Deposit and Withdrawal Conditions
- Minimum deposit: $250
- Withdrawal time: 8–10 business days
- Withdrawal fee: 3.5% for cards, $30 for wire transfers
- Inactivity fee: Up to $500/month if dormant
Is Mirrox Legit or a Scam?
Mirrox operates as a regulated forex broker, committed to providing a secure and transparent trading environment. While some may mistakenly label it as an unregulated trading platform due to its offshore registration, Mirrox maintains high standards of client fund protection, clear fee structures, and access to a risk-free demo account hallmarks of a trustworthy brokerage. Traders can feel confident exploring the platform, starting with a small deposit or demo account to experience its full range of features.
Key Advantages of Trading News with Mirrox
- Fast execution on a custom-built web/mobile platform
- High leverage (up to 1:400) to capitalize on quick market moves
- Access to over 160 instruments across global markets
- Intuitive platform for analyzing trends and volatility
Start Trading Smarter with Mirrox
Ready to take your trading to the next level? Use the economic calendar to time your trades and unlock smarter strategies on the Mirrox trading platform.
👉 Open a Free Demo Account on Mirrox and practice economic calendar trading risk-free.
FAQs
Is Mirrox a real trading platform?
Yes, Mirrox is a real trading platform offering 160+ instruments and tiered accounts, although it is not currently regulated by a major financial authority.
Can I trade news events on Mirrox?
Yes. Mirrox’s platform is compatible with third-party economic calendars. You can manually track events and trade volatility effectively.
What is the minimum deposit on Mirrox?
The minimum deposit to open a live account on Mirrox is $250.
