Frequently Asked Questions

When logging to your MIKO account, you only have 3 attempts to input the correct login details. If you forgot your password OR you type the wrong password, your account will be disabled until the Administrator enables it back again so you can login as normal.

If you can no longer login to your MIKO account despite having the correct login details, then there's a good chance that your account was already disabled.

To enable back your MIKO account as normal, you need to contact the Administrator and you need to present a valid Government-issued ID along with a selfie of you holding your presented ID.

Please note that if your first name and last name in MIKO does not match the first name and last name shown in the ID you presented, the Administrator cannot enable back your account.

If you have a MIKO account, the first thing you need to do is to edit your account details and make sure that your first name and last name are indeed correct and exactly the same as shown in any Government-issued ID that you may have.

The reason you need to put your correct details is so that the Administrator knows your true identity and in the event that you can no longer login to your account, the Administrator can just easily reset your account so you can login back as normal.

Hacking is real! The Administrator cannot just reset the account if someone request it. The Adminstrator must verify the true identity of the account holder before the account can be enabled back.

The Administrator can only verify that the request is valid if the user who initiated the request has the valid credentials to supplement the claims and that those credentials indeed match exactly as the account details registered in MIKO such as the First Name, Last Name and Address.

Too bad! There is no way you can enable back your account and all your funds will be lost forever if your account gets disabled and the ID you presented does not match exactly as registered in your MIKO account. That is just the way it is for the security and safety of all members funds and accounts.

In theory, NO. Why? because MIK.O operates "Peer To Peer" meaning, your earnings are taken from new investors coming into the system.
This guarantees your earnings in 100 days.
But sometimes, people can't help to think that, what if there are no more people joining MIK.O? What now?
Good Question! That's where MagForex comes into play.
MagForex will make sure that even if there are no more people coming into the system, MIK.O can survive because he will trade your money to make sure there are new money coming into the system.
Unfortunately, there are no 100% guarantee in trading. So YES, you can lose all of your money if all trades will not profit.

A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors.
The Ponzi scheme generates returns for early investors by acquiring new investors.
This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.
Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn't enough money to go around.
At that point, the schemes unravel.
MIK.O is slighty different in that YES, MIK.O generates returns for early investors by acquiring new investors and system is based on using new investors' funds to pay the earlier backers BUT the only DIFFERENCE is that MIK.O HAS TRADING ACTIVITIES.
So even if there are no more new investors coming into the system, THERE IS STILL ENOUGH MONEY (via trading activities) TO GO AROUND.
It is this trading activities that differentiate MIK.O from the rest of Ponzi or Pyramiding schemes out there today.

Everytime you request a withdrawal, the system will send am email notification to your MIK.O registered email with subject "Withdrawal has been sent". The email contains your bitcoin address in which the system will send the money and most importantly, this email also contains a batch ID. This batch ID is a series of alpha-numeric characters and this will serve as your official receipt.
In order to check if MIK.O indeed send the money to your bitcoin address, you can visit https://www.blockchain.com/explorer and put the batch ID to check the validity of the transaction.
If there were no result, then NO transactions happened. Meaning, the money is just in your account and you can try again.
But if there are result, then the money has been sent already and you just have to wait until the money arrives in your bitcoin address.
Normally, money you withdraw from MIK.O should arrive in your wallet in a couple of minutes. But sometimes, traffic in the blockchain network due happen and that is the reason why your money will arrive late. So just be patient.
Just make sure that the bitcoin address is correct and that you have full control over that address because once money is sent to that address, it is sent and can never be reversed back.