Millennium-FX-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Millennium FX (domain name mlnfx.com) is a Forex and CFD broker and is currently not subject to any active regulation.

Market Instruments

Investors can trade a range of financial assets on the MlnFX platform, including Forex currency pairs, cryptocurrencies, stock indices, commodities, and even stock CFDs.

Minimum Deposit

There are four different trading accounts on the MlnFX platform, Beginner account (minimum deposit of $250), Silver account (minimum deposit of $5,000), Gold account (minimum deposit of $25,000), and Diamond account (upon request).

Millennium FX Leverage

The maximum leverage level available offered by Millennium FX is up to 1:100. Professsional traders may hold that this leverage is a little bit conservative, however , inexperienced traders are not advised to use high trading leverage in case of heavy fund losses.

Spreads & Commissions

The minimum spreads for Millennium FX accounts start from 1.2 pips for the Beginner account, 1.0 pips for the Silver account, and 0.8 pips for the Gold account, while information on spreads for the Diamond account is not available.

Trading Platform

Millennium FX offers traders the most popular MT4 trading platform on the market today. MT4 trading platform is the industry leader in Forex trading with powerful charting tools and a user-friendly trading interface, available for mobile app and web versions.

Deposit & Withdrawal

Millennium FX supports traders to withdraw and deposit funds to their investment accounts by wire transfer, credit card, Skrill, Neteller, WebMoney, POLi, etc.