FXMILLS foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://fxmillscapital.com/register.php, about the company's legal and temporary regulatory information, the company's address Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia P.O Box 838, Castries, Saint Lucia.
Note: FXMILLS' official website: https://www.fxmills.com is currently inaccessible normal.
FXMILLSReview SummaryFounded 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 | Cons |
Various trading assets | Newly established |
Demo accounts | Not regulated |
Multiple account types | Unclear payment methods |
No commissions | Regional restrictions |
Popular trading platform MT5 |
No, FXMILLS is not regulated by any financial authorities. Traders should be cautious when trading.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
FXMILLS offers three account types: Elite Account, Elite Plus Account, and VIP Account.
Account Type | Min Deposit |
Elite | $100 |
Elite Plus | $500 |
VIP | $10,000 |
FXMILLS's leverage is up to 1:500 for all account types. High leverage always comes with high profits and high losses.
Account Type | Spread | Commission |
Elite | From 1.8 pips | ❌ |
Elite Plus | From 1.5 pips | ❌ |
VIP | From 0.5 pips | ❌ |
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Web, Desktop, Mobile | Experienced traders |
MT4 | ❌ | / | Beginners |
hdafdv
Malaysia
Started trading with FXMills not too long ago and honestly, it's been pretty solid. The MT5 platform is slick and easy to get the hang of. Spreads could be better
Positive
2024-06-21
FX2783203464
Vietnam
ID: 23596, FXmills floor, I was solicited by this group to join the exchange from January 8, 2024, with a capital of 2040$, to receive dividends from the stock code DEQ, but when dividends were distributed, the floor counted them. The closing price and the order entry price were wrong, so my dividends were deducted. Luckily I closed quickly or my account would go negative. Then I called the support staff, Lam Nhat, and it couldn't be resolved. I had to regret losing money because the floor was dirty. From then on until January 30, 2024, I made a profit and principal transaction of $3621.19. I placed a withdrawal order of $3620.65 from 10:00 pm on January 30, 2024, until February 2, 2024 I still have not received the money back to my account. After talking with support person Lam Nhat, he told me to call the floor to ask. Then someone called me at 0598400723 and said that the withdrawal transaction was slow due to going through some withdrawal gate and the fee was very high, up to 40%, so they told me to follow their method to withdraw without any fees. This person told me to buy and sell 0.3 lots of COTTON code. After 15 minutes, these 2 orders will be cleared. I still didn't trust it so I didn't follow through and called the support hotline number: 1900252238 to verify if the floor staff was correct. The floor agent told me to check, then the next day they still didn't call back to confirm whether it was someone from the floor or not. I called back the switchboard but couldn't get through. At that moment, the deposit and withdrawal support staff called me and urged me to enter 2 buy and sell orders of 0.3 lot code COTTON so they could help withdraw the money. Because I couldn't contact the operator to verify this employee, I had to accept the order as they said. After I entered the order, the status was negative $4,500, but now it's still hanging and I don't dare to cut it. After that, my support person told me that if I wanted to withdraw money, you have to deposit another $4,500 to balance the negative balance, and then withdraw the money. I found it very unreasonable and did not follow it. So I hope ADDMIN WiKIFX can help me get back the $3620 that FXMILLS deliberately did not let me withdraw. Thank you very much. Through this, I also hope that everyone will boycott these Scam floors and Scam teams, and then they will also receive retribution for stealing customers' dirty money.
Exposure
2024-02-05
HJBNM
Nigeria
Professional and honest broker! never have a problem with withdraw funds, support team is excellent as well!, the only concern ther spreads could little bit lower,and ofcourse should be always upgreat the security level against DDoS Attacks! it should always priority! overall you can trust this broker!!
Positive
2024-07-04