Miners Ground has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform at Miners Ground is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since early this year of dealing with this, I have had enough.
Pros: Educational resources|Social trading features|Stable platform
Cons: Wait times can be long during peak hours|Mobile app could be improved
The only good thing about Miners Ground is that they remind you why regulation matters. I found them while looking for alternatives to my previous provider. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Copy trading available|Clear documentation|Comprehensive tools|Responsive team
Cons: Nothing significant
Miners Ground advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Low minimum deposit|Automated trading options|Professional team|Customizable dashboard
Cons: Currency conversion fee exists