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 | Cons |
Various trading assets | Newly established |
Demo accounts | Not regulated |
Multiple account types | Unclear payment methods |
No commissions | Regional restrictions |
Popular trading platform MT5 |
No, FXMILLS is not regulated by any financial authorities. Traders should be cautious when trading.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
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 |
FXMILLS's leverage is up to 1:500 for all account types. High leverage always comes with high profits and high losses.
Account Type | Spread | Commission |
Elite | From 1.8 pips | ❌ |
Elite Plus | From 1.5 pips | ❌ |
VIP | From 0.5 pips | ❌ |
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Web, Desktop, Mobile | Experienced traders |
MT4 | ❌ | / | Beginners |
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