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Milano MFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.milanomfx.com/registrazione.php, about the company's legal and temporary regulatory information, the company's address .

Milano MFX Forex Broker

Basic information

Registered region
Malta
Operating period
--
Company Name
Milano MFX Ltd
Abbreviation
Milano MFX
Company employee
--
Customer Service Email Address
info@milanomfx.com
Contact number
800.14.55.94
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

  General Information & Regulation

  Milano MFX is a CFD broker owned and operated by Milano MFX Lspan, an investment company registered in Malta. It should be noted that Milano MFX is not subject to any regulation, so investing with this broker is a risky activity.

  Markets Insspanuments

  Milano MFX offers its traders currency pairs, cryptocurrency pairs, commodities, equities and 17 index CFDs.

  Minimum Deposit

  The Mini account requires a deposit of $500, which is a higher minimum than most other brokerages. Traders need to deposit $5,000 to gain access to the Standard account, where all features are available. The Gold and Platinum accounts require deposits of $10,000 and $35,000, respectively, without contributing any significant advantages.

  Leverage

  The maximum trading leverage offered by Milano MFX is up to 1:200. Some professional traders may hold that this leverage level is not that generous, yet inexperienced traders are not advised to use too high trading leverage.

  Spreads & Commissions

  Forex and metals CFDs are commission-free, while energy, cryptocurrencies, equity, and index CFDs carry a fee. The pricing structure lists EUR/USD spread listed at 2.5 pips, much higher than the industry standards.

  Inactivity Fees

  After 90 days of inactivity, a monthly maintenance fee of 5% applies.

  Trading Platform Available

  What Milano MFX offers to its traders is not the MT4 or MT5 trading platform, and it is a web-based trading platform.

  Deposit& Withdrawal

  Milano MFX neither provides a list of accepted deposit and withdrawal methods nor does it maintain a dedicated section on its website, which is highly unusual. Nevertheless, they do provide a list of logos indicating what systems they use, including credit/debit cards, Skrill, Neteller, OrangePay, and MNP.

  Customer Support

  The Milano MFX customer Support is available 24/5, and traders may either call directly, send an e-mail, or use the webform.

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Latest Reviews

Napruet Nonist Komutanont

Napruet Nonist Komutanont

Pakistan

I'm happy with the services they provide for me at Milano MFX. The trading site is simple to use, and I can always get help from their customer service. Their trading platform is also quite easy and clear to understand. I recommend Milano MFX to traders who are looking for low fees, easy withdrawals and fast exchange.

Positive

2023-03-21

你一笑生花

你一笑生花

Singapore

I've been using Milano MFX for about a month and things have been pretty smooth. Online support staffs are helpful and prompt. The platform has all the things I need to trade with.

Positive

2022-12-07

Milano MFX Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.06, Software Index 4.00 Risk Control Index 0.00.