Score
Millennium FX
https://mlnfx.com/
Website
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No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
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Website
mlnfx.com
34.98.99.30Server LocationUnited States
ICP registration--Most visited countries/areasAustralia
Domain Effective Date2017-04-20WebsiteWHOIS.GODADDY.COMCompanyGODADDY.COM, LLC
Company Summary
General Information & Regulation
Millennium FX (domain name mlnfx.com) is a Forex and CFD broker and is currently not subject to any active regulation.
Market Instruments
Investors can trade a range of financial assets on the MlnFX platform, including Forex currency pairs, cryptocurrencies, stock indices, commodities, and even stock CFDs.
Minimum Deposit
There are four different trading accounts on the MlnFX platform, Beginner account (minimum deposit of $250), Silver account (minimum deposit of $5,000), Gold account (minimum deposit of $25,000), and Diamond account (upon request).
Millennium FX Leverage
The maximum leverage level available offered by Millennium FX is up to 1:100. Professsional traders may hold that this leverage is a little bit conservative, however , inexperienced traders are not advised to use high trading leverage in case of heavy fund losses.
Spreads & Commissions
The minimum spreads for Millennium FX accounts start from 1.2 pips for the Beginner account, 1.0 pips for the Silver account, and 0.8 pips for the Gold account, while information on spreads for the Diamond account is not available.
Trading Platform
Millennium FX offers traders the most popular MT4 trading platform on the market today. MT4 trading platform is the industry leader in Forex trading with powerful charting tools and a user-friendly trading interface, available for mobile app and web versions.
Deposit & Withdrawal
Millennium FX supports traders to withdraw and deposit funds to their investment accounts by wire transfer, credit card, Skrill, Neteller, WebMoney, POLi, etc.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Disclosure
investor alert list Millennium-FX ASIC advises this company could be involved in a scam
Country/Region
AU ASIC
Disclosure time
2023-09-26
Disclose broker
investor alert list South Beach Technologies Limited ASIC advises this company could be involved in a scam
Country/Region
AU ASIC
Disclosure time
2023-02-23
Disclose broker
Investor Alert List
Country/Region
SG MAS
Disclosure time
2019-05-30
Disclose broker
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