FX Millennium Review - Is This Broker Legit and Safe? - WikiFX

FX Millennium was registered in 2021 in Mauritius, which offers trading services on stocks, forex, energies, cryptos, indices, metals, and commodities. It provides four types of account, with a minimum deposit of $250 and a maximum leverage of 1:500. However, this company is not regulated, and it does not provide services to certain regions.

Pros and Cons

Is FX Millennium Legit?

No, FX Millennium is not regulated by financial regulatory authorities in Mauritius, which means the company lacks regulation from its registration site. Please note the potential risks!

What Can I Trade on FX Millennium?

FX Millennium provides a number of products, including stocks, forex, energies, cryptos, indices, metals, and commodities.

Account Type

FX Millennium offers four types of accounts: Entry, Standard, Premium, and VIP Account. However, it does not mention whether a demo account is available or not.

Leverage

The leverage ranges from 1:200 to 1:500, which is not low. Traders need to consider carefully before trading, since high leverage is likely to bring high potential risks.

Trading Platform

FX Millennium uses MT5, web trader, and mobile trader as its trading platforms. Among them, MT5 is a commonly used platform and it is suitable for experienced traders.

Deposit and Withdrawal

FX Millennium accepts several types of payment options, including VISA, MasterCard, Perfect Money, Neteller, Skrill, and bank transfer.