Home -

Main body -

WikiFX Express

FXMILLS

WikiFX | 2026-04-20 22:44

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 | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.41

IQ Option Review 2026: Am I Supposed to Deposit Only? What About My Withdrawals?

This is what many traders are asking while trading with IQ Option, an Antigua and Barbuda-based brokerage entity. Their wrath is evident through massive negative reviews on several broker review platforms. WikiFX, a widely recognized forex broker regulation inquiry tool, itself recorded over 120 complaints from users worldwide. The complaints largely highlight the alleged withdrawal denial by the broker. Users have deposited millions but allegedly failed to withdraw funds when they needed to. While they may just be allegations and not an established fact, they are worth looking at, considering a large volume of complaints pointing to a potential investment scam. In this IQ Option review 2026, we have examined several complaints while providing an overview of the company’s regulatory framework.

Original 2026-07-15 19:36

JKV Review 2026: The Broker Claims Transparency & Regulation, Traders Report Fund Losses

This is one of the key concerns raised by most users who have claimed trading experiences with JKV Global, a Mauritius-based brokerage entity. These concerns question the broker’s claim of 100% transparency and regulated trading environment. In one of the JKV reviews, a client reported a fund loss as high as $24,800. Amid emerging trading complaints, it was imperative to have a thorough investigation of this broker. In this article, we have not only investigated real user claims but also given you a look into its offerings and regulation status.

Original 2026-07-14 20:38

Just Markets Review 2026: Was a $2,000 Loss Not the Trader's Fault? Examining This & Other Claims

An Indian and a South African trader investing in Just Markets have one thing in common - their reported $2,000 (approx.) loss on the platform. Both complaints have come on broker review platforms in 2026. Similarly, a Pakistani trader complained about the cancellation of a fund withdrawal request worth $2,700. We investigated most allegations that came in 2026 in this Just Markets review article.

Original 2026-07-13 20:57

Think Forex Support and Resistance Always Work? High-Impact News Can Prove You Wrong!

Forex traders often have to come to terms with these two popular concepts - Support and Resistance. A support level refers to the point where buyers have historically come together to prevent the price from sliding further. On the other hand, the point of resistance is where sellers have historically limited upward movement. These two levels form the foundation of many trading strategies employed by traders to spot entry, exit and stop-loss points. However, many beginners begin to think that these price levels are unbreakable. Such assumptions can go horribly wrong during high-impact economic news releases such as inflation reports, employment data, monetary policy announcements by the central bank or any other major news events. These events can trigger price movements so much that even the strongest support and resistance levels can crack within seconds.

Original 2026-07-10 21:32