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Score

1.26 /10
Danger

FXMILLS

Saint Lucia

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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

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Comparison

Quantity 3

Exposure

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Score

Regulatory Index0.00

Business Index5.11

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

FXMILLS

Company Abbreviation

FXMILLS

Platform registered country and region

Saint Lucia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Cannot withdraw money

I am Nguyen Van Linh. I started participating in FXMILL on January 6, 2024, through my friend MAI TRANG -Andy. I deposited 3 times for a total of 9.6k USD. After a period of trading. Maybe I'm not lucky. Now I still have 3.4k. I want to withdraw 3k, but it is not approved. January 26, 2024. January 30, 2024. Now when I call, no one answers or supports me. Only when people refer to complain, someone will listen. Now I don't know to find whom to ask. LOOKING FOR SUPPORT. MY ID. 24003

linh nguyen5337
2024-01-30 13:33
Unable to Withdraw

The exchange staff deliberately did not allow money to be withdrawn and caused difficulties.

I was solicited by this group to join the exchange from January 8, 2024 with a capital of $2,040, with the intention of receiving dividends from the stock code DEQ, but when the dividend was distributed, the exchange incorrectly calculated the closing price and the order entry price. so my dividends were deducted. Luckily I closed quickly or my account would go negative. Then I called the support staff, Lam Nhat, and it couldn't be resolved. I had to regret losing money because the floor was dirty. From then on until January 30, 2024, I made a profit and principal transaction of $3621.19. I placed a withdrawal order of $3620.65 from 10:00 pm on January 30, 2024, until February 2, 2024 I still have not received the money back to my account. After talking with support person Lam Nhat, he told me to call the floor to ask. Then someone called me at: 0598400723 and said that the withdrawal transaction was slow due to going through some withdrawal gate and the fee was very high, up to 40%, so they told me to follow their method to withdraw without any fees. This person told me to buy and sell 0.3 lots of COTTON code. After 15 minutes, these 2 orders will be cleared. I still didn't trust it so I didn't follow through and called the support hotline number: 1900252238 to verify if the floor staff was correct. The floor agent told me to check, then the next day they still didn't call back to confirm whether it was really someone from the floor or not. I called back the switchboard but couldn't get through. At that moment, the deposit and withdrawal support staff called me and urged me to enter 2 buy and sell orders of 0.3 lot code COTTON so they could help withdraw the money. Because I couldn't contact the operator to verify this employee, I had to accept the order as they said. After I entered the order, the status was negative $4,500, but now it's still hanging and I don't dare to cut it. After that, my support person told me that if you want to withdraw money, you have to deposit another $4,500 to balance the negative balance, then withdraw money. I found it very unreasonable and did not follow it.

FX2783203464
2024-02-05 16:54
Unable to Withdraw

FXMILLS makes it difficult for customers to withdraw money

ID: 23596, FXmills floor, I was solicited by this group to join the exchange from January 8, 2024, with a capital of 2040$, to receive dividends from the stock code DEQ, but when dividends were distributed, the floor counted them. The closing price and the order entry price were wrong, so my dividends were deducted. Luckily I closed quickly or my account would go negative. Then I called the support staff, Lam Nhat, and it couldn't be resolved. I had to regret losing money because the floor was dirty. From then on until January 30, 2024, I made a profit and principal transaction of $3621.19. I placed a withdrawal order of $3620.65 from 10:00 pm on January 30, 2024, until February 2, 2024 I still have not received the money back to my account. After talking with support person Lam Nhat, he told me to call the floor to ask. Then someone called me at 0598400723 and said that the withdrawal transaction was slow due to going through some withdrawal gate and the fee was very high, up to 40%, so they told me to follow their method to withdraw without any fees. This person told me to buy and sell 0.3 lots of COTTON code. After 15 minutes, these 2 orders will be cleared. I still didn't trust it so I didn't follow through and called the support hotline number: 1900252238 to verify if the floor staff was correct. The floor agent told me to check, then the next day they still didn't call back to confirm whether it was someone from the floor or not. I called back the switchboard but couldn't get through. At that moment, the deposit and withdrawal support staff called me and urged me to enter 2 buy and sell orders of 0.3 lot code COTTON so they could help withdraw the money. Because I couldn't contact the operator to verify this employee, I had to accept the order as they said. After I entered the order, the status was negative $4,500, but now it's still hanging and I don't dare to cut it. After that, my support person told me that if I wanted to withdraw money, you have to deposit another $4,500 to balance the negative balance, and then withdraw the money. I found it very unreasonable and did not follow it. So I hope ADDMIN WiKIFX can help me get back the $3620 that FXMILLS deliberately did not let me withdraw. Thank you very much. Through this, I also hope that everyone will boycott these Scam floors and Scam teams, and then they will also receive retribution for stealing customers' dirty money.

FX2783203464
2024-02-05 20:52
FXMILLS · Company summary

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

FXMILLSReview Summary
Founded2023
Registered Country/RegionSaint Lucia
RegulationNot regulated
Market InstrumentsForex, commodities, indices, stocks, and cryptocurrencies
Demo Account✅
LeverageUp to 1:500
SpreadFrom 1.8 pips (Elite Account)
From 1.5 pips (Elite Plus account)
From 0.5 pips (VIP account)
Trading PlatformMT5
Min Deposit$100
Customer SupportContact 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 RestrictionsThe 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.

FXMILLS' homepage

Pros and Cons

Pros Cons
Various trading assetsNewly established
Demo accountsNot regulated
Multiple account typesUnclear payment methods
No commissionsRegional restrictions
Popular trading platform MT5

Is FXMILLS Legit?

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

No license

What Can I Trade on FXMILLS?

Tradable Instruments Supported
Forex✔
Commodities ✔
Indices ✔
Stocks ✔
Cryptocurrencies ✔
Bonds❌
Options ❌
ETFs❌
What Can I Trade on FXMILLS?

Account Type

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

Account TypeMin Deposit
Elite $100
Elite Plus $500
VIP$10,000
Account comparison

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 TypeSpreadCommission
Elite From 1.8 pips❌
Elite Plus From 1.5 pips❌
VIPFrom 0.5 pips❌

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Web, Desktop, MobileExperienced traders
MT4❌/Beginners

User Reviews

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User comment

3

Comments

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HJBNM
more than one year
Professional and honest broker! never have a problem with withdraw funds, support team is excellent as well!, the only concern ther spreads could little bit lower,and ofcourse should be always upgreat the security level against DDoS Attacks! it should always priority! overall you can trust this broker!!
Professional and honest broker! never have a problem with withdraw funds, support team is excellent as well!, the only concern ther spreads could little bit lower,and ofcourse should be always upgreat the security level against DDoS Attacks! it should always priority! overall you can trust this broker!!
Translate to English
2024-07-04 17:27
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hdafdv
more than one year
Started trading with FXMills not too long ago and honestly, it's been pretty solid. The MT5 platform is slick and easy to get the hang of. Spreads could be better
Started trading with FXMills not too long ago and honestly, it's been pretty solid. The MT5 platform is slick and easy to get the hang of. Spreads could be better
Translate to English
2024-06-21 17:56
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