Milton Prime Forex Broker

Milton Prime Review SummaryRegistered On2020-03-06Registered Country/RegionSeychellesRegulationOffshore RegulatedMarket InstrumentsForex, CFD on Stocks, CFD on indices, CFD on Commodities, and CFD on CryptocurrenciesDemo Account✅LeverageUp to 1:500 (Forex)Spread≈ $1.8 (EUR/USD)Trading PlatformMT4/MT5 (WebTrader, Windows, Android, iOS, macOS)Min Deposit$300Customer Support/Milton Prime Information Milton Prime is a technology-driven offshore trading platform suitable for investors seeking low commissions, multi-asset trading, and automated strategies. It offers foreign exchange (Forex) and contract for difference (CFD) trading, covering multiple asset classes such as stocks, indices, commodities, and cryptocurrencies.Pros and ConsPros Cons Multiple trading toolsOffshore regulationMT4/MT5 availableSecondary, small bank transfer feesDemo account availableIs Milton Prime Legit? Milton Prime is regulated offshore by the Seychelles FSA with license number SD040, but its regulatory transparency and investor protection are weaker than those of mainstream developed countries.What Can I Trade on Milton Prime?Tradable Instruments Supported Forex✔CFD on Stocks✔CFD on indices✔CFD on Commodities✔CFD on Cryptocurrencies✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account TypeAccount Type Trading AccountInvesting AccountTRADING FEESVariable spread + swapVariableLEVERAGEUp to x500/TYPICAL PROFIT SHARE/30% Management FeePLATFORMSMT4, MT5MT4DemoYesYesMilton Prime Fees Typical Trading Fee ExampleInstrumentsForexStocks & IndicesCFDs on CryptoDuration7 DAYS210 Days7 DAYSLeverageX500X10X10Margin Requirement$40 (2%)$150 (10%)$150 (10%)Spread Fee≈ $1.8 (EUR/USD)≈ $2.01 (Tesla)≈ $0,69 (BTC/USD)Financing costs (SWAP)$6.5 / -$0.7(BUY/SELL )$120 / $120(BUY / SELL)$1.68 / $1.68(BUY/SELL)Total Fees$8.3 / $1.1( BUY / SELL )$121.16/$121.16( BUY / SELL )$2.37 / $2.37(BUY/SELL) Margin RequirementsAsset TypeRateForex2%CFD on Stocks20%CFD on Indices20%CFD on Crypto20%CFD on Commodities20%Leverage Milton Prime offers leverage of up to 1:500. High leverage is suitable for experienced traders who can withstand risks.Trading Platform Milton Prime offers the popular MT4 and MT5 platforms, supporting Windows, Android, iOS, and macOS. Additionally, the web-based version can be used without downloading.Trading PlatformSupported Available Devices Suitable for MT4✔WebTrader, Windows, Android, iOS, macOSBeginnersMT5✔WebTrader, Windows, Android, iOS, macOSExperienced TradersDeposit and Withdrawal The minimum deposit is $300, and deposits are generally free, except that bank transfers of less than $2,500 per month will incur a $25 fee. Withdrawals take up to 1 working day at most, and bank transfers are subject to fees, which shall be subject to actual circumstances.Payment MethodProcessing TimesFeesFundingWithdrawalsFundingWithdrawalsBANK TRANSFERDepending on the banks involved1 Working DayFreeOne free withdrawal is above $1,000 a month.Every second deposit/month below $2,500 is $25Every second withdrawal/month charge is $80.Paysafe: Skrill/NETTERInstantInstantFreeFreeCRYPTO: USDTUSDT: ≈ 15 min.USDT: ≈ 15 min.FreeFreeSTICPAYInstantInstantFreeFreeCopy Trading Milton Prime provides copy trading services. Similar to fund managers, traders can copy profitable trading strategies for investment.