Score
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
Add brokers
Comparison
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Exposure
Score
Regulatory Index0.00
Business Index6.54
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Millennium Prime Technologies Ltd
Company Abbreviation
Millennium
Platform registered country and region
Mauritius
Company website
X
YouTube
Company summary
Pyramid scheme complaint
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| FX MillenniumReview Summary | |
| Founded | 2021 |
| Registered Country/Region | Mauritius |
| Regulation | No regulation |
| Market Instruments | Stocks, forex, energies, cryptos, indices, metals, commodities |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | From 0 pips |
| Trading Platform | MT5, web trader, mobile trader |
| Minimum Deposit | $250 |
| Bonus | ✅ |
| Customer Support | Live chat, contact form |
| Social media: Instagram, YouTube, Twitter, Facebook, LinkedIn | |
| Regional Restrictions | The USA, Belgium, Iran, Canada and North Korea |
FX Millennium was registered in 2021 in Mauritius, which offers trading services on stocks, forex, energies, cryptos, indices, metals, and commodities. It provides four types of account, with a minimum deposit of $250 and a maximum leverage of 1:500. However, this company is not regulated, and it does not provide services to certain regions.
| Pros | Cons |
| Diverse tradable assets | Lack of regulation |
| Tight spreads | No demo accounts |
| MT5 supported | Regional restrictions |
| Live chat support | |
| Various account choices | |
| Account bonus offered | |
| Popular payment options |
No, FX Millennium is not regulated by financial regulatory authorities in Mauritius, which means the company lacks regulation from its registration site. Please note the potential risks!
FX Millennium provides a number of products, including stocks, forex, energies, cryptos, indices, metals, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Energies | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Futures | ❌ |
FX Millennium offers four types of accounts: Entry, Standard, Premium, and VIP Account. However, it does not mention whether a demo account is available or not.
| Account Type | Minimum Deposit | Maximum Leverage | Spread | Commission | Bonus |
| Entry | $250 | 1:500 | From 1.5 pips | ❌ | Up to 30% |
| Standard | $2,500 | 1:500 | From 1.2 pips | ❌ | Up to 50% |
| Premium | $10,000 | 1:400 | From 0.8 pips | ❌ | Up to 100% |
| VIP | $50,000 | 1:200 | From 0 pip | $6 per lot | Up to 100% |
The leverage ranges from 1:200 to 1:500, which is not low. Traders need to consider carefully before trading, since high leverage is likely to bring high potential risks.
FX Millennium uses MT5, web trader, and mobile trader as its trading platforms. Among them, MT5 is a commonly used platform and it is suitable for experienced traders.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, web, mobile, mac | Experienced traders |
| Web Trader | ✔ | Web | / |
| Mobile Trader | ✔ | Mobile | / |
| MT4 | ❌ | / | Beginners |
FX Millennium accepts several types of payment options, including VISA, MasterCard, Perfect Money, Neteller, Skrill, and bank transfer.
| Deposit Options | Accepted Currencies | Deposit Fees | Deposit Processing Time |
| VISA | USD, EUR, GBP | ❌ | Real-time |
| MasterCard | USD, EUR, GBP | ❌ | Real-time |
| Perfect Money | USD, EUR | ❌ | Real-time |
| Neteller | USD, EUR, GBP, AUD | ❌ | Real-time |
| Skrill | USD, EUR, GBP, AUD | ❌ | Real-time |
| Bank Transfer | GBP, EUR, AUD, USD | ❌ | Within 72 hours |
| Withdrawal Options | Accepted Currencies | Withdrawal Fees | Withdrawal Processing Time |
| VISA | USD, EUR, GBP | 3% (Minimum charge $3, €2.50 or £2) | One business day |
| MasterCard | USD, EUR, GBP | 3% (Minimum charge $3, €2.50 or £2) | One business day |
| Perfect Money | USD, EUR | 3% | Within 48 hours |
| Neteller | USD, EUR, GBP, AUD | 3% | One business day |
| Skrill | USD, EUR, GBP, AUD | 1% (Minimum charge $1) | One business day |
| Bank Transfer | EUR, USD, GBP, AUD | Depends on the corresponding and intermediary banks | Within 5 business days |
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2024-03-24 13:56
