Score

3.23 /10
Danger

Millennium

United Kingdom

5-10 years

Regulated in United Kingdom

Investment Advisory License

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

C

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index2.78

Business Index7.37

Risk Management Index0.00

Software Index4.00

License Index2.78

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Millennium Global Investments Ltd

Company Abbreviation

Millennium

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-02-24
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 171039)Investment Advisory Licence Non-Forex License. Please be aware of the risk!
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 911636)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Millennium · Company summary
Millennium Review Summary
Founded1992
Registered Country/RegionUnited Kingdom
RegulationFCA
ServicesDynamic currency Hedging, Active Currency Overlay, Currency Alpha, Passive Currency Hedging
Customer SupportPhone: +44 20 7663 8900
Email: amercuri@millenniumglobal.com
Physical Address: 88 Wood Street, London, EC2V 7QR

Millennium Information

Millennium, founded in 1992, is a currency mangement company registered in the United Kingdom. The trading instruments it provides cover more than 50 types of forex , more than 70 types of shares, indices, metals, and commodities.

Millennium Information

Pros and Cons

Pros Cons
RegulatedLicense exceeded
Wide range of servicesLimited information offered
Establish a long timeNo currency types information offered

Is Millennium Legit?

Millennium is regulated by FCA in the United Kingdom. The current status is exceeded.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
United KingdomFCAMillennium Global Investments LimitedInvestment Advisory License171039Offoreshore Regulated
United KingdomFCAMillennium Global Treasury Services LimitedInvestment Advisory License911636Exceeded
Is Millennium Legit?
Is Millennium Legit?

Services

Dynamic currency Hedging

Dynamic currency hedging aims to improve upon investors' existing currency exposures by dynamically increasing hedging in periods of foreign currency weakness and reducing hedging in periods of foreign currency strength.

Services

Active Currency Overlay

Millennium seeks to transform investors existing currency exposures into a portfolio of preferred currency exposure with an improved risk-adjusted return profile.

Services

Currency Alpha

Currency Alpha strategies aim to deliver attractive, uncorrelated total returns from the active management of portfolios of global currencies.

Services

Passive Currency Hedging

Passive Currency Hedging a ca cost-effective and operationally efficient strategy designed to reduce or eliminate international currency risk.

Services

User Reviews

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User comment

1

Comments

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FX1274066081
more than one year
All the regulatory licenses of the Millennium global company are fake. It advertises everywhere, just to attract innocent traders who can't tell the difference between the real and the fake to deposit, and finally defraud them of their money! I know this so well because I was one of the victims, hahaha...
All the regulatory licenses of the Millennium global company are fake. It advertises everywhere, just to attract innocent traders who can't tell the difference between the real and the fake to deposit, and finally defraud them of their money! I know this so well because I was one of the victims, hahaha...
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2023-02-24 11:31
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