FX Millennium Forex Broker

FX MillenniumReview SummaryFounded2021Registered Country/RegionMauritiusRegulationNo regulationMarket InstrumentsStocks, forex, energies, cryptos, indices, metals, commoditiesDemo Account❌LeverageUp to 1:500SpreadFrom 0 pipsTrading PlatformMT5, web trader, mobile traderMinimum Deposit$250Bonus✅Customer SupportLive chat, contact formSocial media: Instagram, YouTube, Twitter, Facebook, LinkedInRegional RestrictionsThe USA, Belgium, Iran, Canada and North Korea 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 ConsPros Cons Diverse tradable assetsLack of regulationTight spreadsNo demo accountsMT5 supportedRegional restrictionsLive chat supportVarious account choicesAccount bonus offeredPopular payment optionsIs 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.Tradable Instruments Supported Forex✔Energies✔Metals✔Commodities✔Indices✔Stocks✔Cryptos✔Bonds❌Options❌ETFs❌Futures❌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.Account TypeMinimum DepositMaximum LeverageSpreadCommissionBonusEntry$2501:500From 1.5 pips❌Up to 30%Standard$2,5001:500From 1.2 pips❌Up to 50%Premium$10,0001:400From 0.8 pips❌Up to 100%VIP$50,0001:200From 0 pip$6 per lotUp to 100%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.Trading PlatformSupported Available Devices Suitable forMT5✔PC, web, mobile, macExperienced tradersWeb Trader✔Web/Mobile Trader✔Mobile/MT4❌/BeginnersDeposit and Withdrawal FX Millennium accepts several types of payment options, including VISA, MasterCard, Perfect Money, Neteller, Skrill, and bank transfer.Deposit Options Accepted CurrenciesDeposit Fees Deposit Processing Time VISAUSD, EUR, GBP❌Real-timeMasterCardUSD, EUR, GBP❌Real-timePerfect MoneyUSD, EUR❌Real-timeNetellerUSD, EUR, GBP, AUD❌Real-timeSkrillUSD, EUR, GBP, AUD❌Real-timeBank TransferGBP, EUR, AUD, USD❌Within 72 hoursWithdrawal Options Accepted Currencies Withdrawal Fees Withdrawal Processing Time VISAUSD, EUR, GBP3% (Minimum charge $3, €2.50 or £2)One business dayMasterCardUSD, EUR, GBP3% (Minimum charge $3, €2.50 or £2)One business dayPerfect MoneyUSD, EUR3%Within 48 hoursNetellerUSD, EUR, GBP, AUD3%One business daySkrillUSD, EUR, GBP, AUD1% (Minimum charge $1)One business dayBank TransferEUR, USD, GBP, AUDDepends on the corresponding and intermediary banksWithin 5 business days