FXMILLS

WikiFX | 2024-12-04 12:28

Abstract：Founded in 2023, FXMILLS, a Saint Lucia-registered forex broker, offers various trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Besides, FXMILLS offers three account types: Elite, Elite Plus, and VIP, with minimum deposits $100. However, it is not regulated.

Note: FXMILLS' official website: https://www.fxmills.com is currently inaccessible normal.

FXMILLSReview Summary
Founded	2023
Registered Country/Region	Saint Lucia
Regulation	Not regulated
Market Instruments	Forex, commodities, indices, stocks, and cryptocurrencies
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1.8 pips (Elite Account)
	From 1.5 pips (Elite Plus account)
	From 0.5 pips (VIP account)
Trading Platform	MT5
Min Deposit	$100
Customer Support	Contact form
	Tel: +91 224 1703 098
	Email: support@fxmills.com, info@fxmills.com
	Registered Address: Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia P.O Box 838, Castries, Saint Lucia
	Physical Address: Shop No 138, First Floor, Raghulela Mall, Behind Poisar Depot, Kandivali West, Mumbai-400067
Regional Restrictions	The United States, Cuba, Iraq, Myanmar, North Korea, and Sudan

Founded in 2023, FXMILLS, a Saint Lucia-registered forex broker, offers various trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Besides, FXMILLS offers three account types: Elite, Elite Plus, and VIP, with minimum deposits $100. However, it is not regulated.

Pros and Cons

Pros	Cons
Various trading assets	Newly established
Demo accounts	Not regulated
Multiple account types	Unclear payment methods
No commissions	Regional restrictions
Popular trading platform MT5

Is FXMILLS Legit?

No, FXMILLS is not regulated by any financial authorities. Traders should be cautious when trading.

What Can I Trade on FXMILLS?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

FXMILLS offers three account types: Elite Account, Elite Plus Account, and VIP Account.

Account Type	Min Deposit
Elite	$100
Elite Plus	$500
VIP	$10,000

Leverage

FXMILLS's leverage is up to 1:500 for all account types. High leverage always comes with high profits and high losses.

Spread and Commission

Account Type	Spread	Commission
Elite	From 1.8 pips	❌
Elite Plus	From 1.5 pips	❌
VIP	From 0.5 pips	❌

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Web, Desktop, Mobile	Experienced traders
MT4	❌	/	Beginners

Broker Dealer

Related broker

Website：https://www.fxmills.com/index.php

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.33

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