Search

Rating Index

Pros

Wide range of banking and financial services offered, including brokerage and investment options.
Positive employee reviews regarding organizational culture and job stability.
Established presence in Poland with a significant number of employees, indicating reliability.

Cons

No valid regulatory information, which may pose a risk to traders.
Complex organizational structure that could lead to inefficiencies.
Limited global recognition compared to larger international brokers, potentially affecting service availability.

Bank Millennium broker Accounts

Bank Millennium Account Type

Bank Millennium offers a variety of account types tailored to different customer needs, including personal accounts, corporate accounts, and private banking accounts. Each type provides unique features and benefits:

  • Personal Accounts
    • Millennium 360° Account:
    • No maintenance fee if you make at least 5 card or Blik payments per month (1 for ages 18-26).
    • Free cash withdrawals from Bank Millennium ATMs in Poland.
    • Offers cashback on purchases at nearly 800 online stores.
    • Profit Savings Account:
    • Flexible savings with an attractive interest rate of up to 5.5% annual interest (promotion until July 4, 2025).
    • Account for Ages 18-26:
    • Simplified features with no maintenance fee.
    • Corporate Accounts
      • Konto Mój Biznes:
      • Offers up to 1,800 PLN cashback on contributions.
      • Includes three accounting packages tailored for business needs.
      • Private Banking Accounts
        • Designed for high-net-worth clients with assets over 1 million PLN.
        • Provides exclusive wealth management services and access to a full range of private banking products.

        Bank Millennium Broker Account Opening Process

        Opening a brokerage account with Bank Millennium involves several steps:

        • Eligibility:
          • Prestige customers must have an investment account to buy or sell securities.
          • Non-residents can open an account with just a passport and additional required information.
          • Documentation:
            • Provide personal identification documents, such as a passport or national ID.
            • For corporate accounts, submit corporate documents and identification for authorized signatories.
            • Application Process:
              • Fill out the brokerage account application form, available online or at the bank's branches.
              • Ensure all required documents are submitted for verification.
              • Verification:
                • Bank Millennium will analyze the submitted documents and may request additional information for compliance.
Bank Millennium accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Bank Millennium Account