This article explains how to open a free account for MILTON MARKETS trading, the identity verification procedure, commissions, leverage, spreads, and bonuses. It is a broker with particularly narrow spreads among overseas FX companies, so it is highly recommended for scalping trades and short-term traders. Opening an account takes just a few minutes, so let’s do it.
- Documents required to open an account at MiltonMarkets
- How to open an account and verify your identity at MiltonMarkets
- How to open a trading account
- How to get account opening bonus
- How to download and install MT4
- Points to note and frequently asked questions
- Can I open an MT5 account?
- Is it prohibited to register multiple accounts?
- How long does it take?
- Can I start trading without verifying my identity?
- Will there be an account maintenance fee?
- Can I open a corporate account?
- Is there a cost to open an account?
- Are there any prohibited transactions?
- How do I open an ELITE account?
- Related
Documents required to open an account at MiltonMarkets
You can open an account with MiltonMarkets right away, but you will need the following documents. After submission, the management staff will conduct a visual check. Please note that your account cannot be activated unless both checks are completed.
Identity verification documents
Your identity verification document must include your photo, name, date of birth, and expiration date.
- driver’s license
- Residence card
- My number card
- passport
Address confirmation document
Valid address verification documents are required: It must be a document that can confirm the person’s name and address.
- Payment statement for utility charges (electricity/water/gas)
- Resident record
- Health insurance card
- Mobile phone and internet payment statements
- credit card transaction details
How to open an account and verify your identity at MiltonMarkets
We will explain how to open an account and verify your identity at MiltonMarkets. Please refer to the information below. You can open a business safely and without any risks. You can invest and trade products with high leverage such as currency pairs and CFDs on your own. Please note that investing involves risks and you may lose your funds.
How to open an account
To open an account, first access the official website page from the link below and open the form.
First, go to the official website, and you can switch the language from the top right corner, so let’s select Japaneseized English. Then click the account opening button.
Source : https://miltonmarkets.com/
Enter each content. Please refer to the image below when entering your information. Finally, check the agreement, check, and press the registration button.
Source : https://miltonmarkets.com/
Account type | Choose from a personal account or a corporate account. |
Surname | Enter the name in Roman letters. |
given name | Enter your last name in Roman letters. |
Country of Residence | Select your current address and country of residence. |
Enter a valid email address. | |
telephone number | Select the country code and registered phone number. |
date of birth | Select your date of birth. |
Check your verification email. You will receive an email from MILTON MARKETS confirming your email address. Click the “Approve email address” button. The account will now be opened. Please check the email you receive after submitting the account opening form for the email address and password required to log in.
Source : https://miltonmarkets.com/
Identity verification procedure
Next, submit the required documents. Submit your identity verification documents and required information from “Profile” on the left side of the My Page screen.
Source : https://miltonmarkets.com/
Submit your identity verification documents. Select the identity verification document from “+Submit” and upload the document. Once you have submitted the required information, account opening is complete. The staff will visually check your application until the review is complete, so please be patient as it may take at least several minutes, or even a few days.
How to open a trading account
Once you have submitted your identity verification documents and received approval, you will be able to start trading. The flow of opening a trading account is as follows. You can open one from the button at the top of the menu on the home page of My Page.
Source : https://miltonmarkets.com/
Select your account type. The opening is completed by selecting leverage and base currency. You will also receive an email “Notification of completion of trading account opening” to the registered email address. It contains your account login ID (account number) and password, so be sure not to lose them.
Source : https://miltonmarkets.com/
FLEX | SMART | ELITE | |
Transaction form | NDD | NDD | NDD |
maximum leverage | 500 | 1,000 | 200 |
financial products | Foreign exchange precious metal energy stock stock index virtual currency | Foreign exchange precious metal energy stock stock index virtual currency | Foreign exchange precious metal energy stock stock index virtual currency |
transaction fees | Free | Free | Free |
average spread | 1.7pips~ | 1.0pips~ | 0.8pips〜 |
lot unit | 100,000 currency | 100,000 currency | 100,000 currency |
Minimum trading quantity | 0.01lot | 0.01lot | 0.01lot |
Maximum trading quantity | 50lot | 50lot | 50lot |
Maximum number of positions | 100 | 100 | 100 |
stop level | 0.0pips | 0.0pips | 0.0pips |
scalping | 〇 | 〇 | 〇 |
automatic trading | 〇 | 〇 | 〇 |
both houses | 〇 | 〇 | 〇 |
margin call | 50% | 100% | 50% |
loss cut | 20% | 50% | 20% |
trade tools | MT4 | MT4 | MT4 |
base currency | JPY USD EUR | JPY USD EUR | JPY USD EUR |
Minimum deposit amount | 10000 | 30000 | 10000 |
campaign | 〇 | 〇 | × |
How to get account opening bonus
At MILTON MARKETS, you can receive an account opening bonus. There are account opening bonuses and profit withdrawal conditions. If you meet these conditions, you will be able to withdraw the account opening bonus itself, which is rare for overseas FX companies. To receive the account opening bonus, select and open either a “FLEX account” or a “SMART account” and the 5,000 yen account opening bonus will be automatically reflected.
Account opening bonus | 5,000 yen worth |
Receiving conditions | Account opening + identity verification |
Target account type | FLEX account/SMART account |
Bonus expiration date | It will be canceled if there is no deposit of 30,000 yen or more within 30 days. |
Bonus withdrawal | 30,000 yen within 30 days Trade 10 or more lots of major and minor currency pairs within 90 days after deposit |
How to download and install MT4
You can easily download and install MT4 from the official website. It is mainly done on Windows desktop, but it is also possible on smartphones such as Android and iOS. You can trade with high leverage even on your smartphone.
Points to note and frequently asked questions
We have compiled a list of precautions and frequently asked questions for your reference. Please refer to this when a new trader opens a business. The maximum leverage is 1000x, allowing you to trade with confidence in the market even with small amounts. It’s not difficult to use and set up the environment, so even those with no experience can do it right away.
Can I open an MT5 account?
MiltonMarkets’ platform currently only supports MT4, and it is not possible to open an MT5 account. MT4 is a very useful tool as it also allows automatic trading (EA). You can trade using your smartphone or PC.
Is it prohibited to register multiple accounts?
Registration of multiple accounts is prohibited. Only one account can be created per person. However, the system allows you to create multiple accounts within one account.
How long does it take?
Opening an account takes 1 minute to fill out the form, 5 minutes to upload the required documents, and up to 24 hours to verify your profile. Customers can feel very secure as zero cuts are also adopted.
Can I start trading without verifying my identity?
You cannot start trading on Milton without identity verification. It is mandatory to submit ID and address verification documents. In some cases, such as North Korea and Canada, registration is limited and prohibited in these countries. Partners must be 18 years of age or older. Beginners should understand the details of the service.
Will there be an account maintenance fee?
If there are no transactions for 60 days or more, the account will become dormant, and this dormant account will incur a monthly account maintenance fee of $30, €30, or ¥3,000, depending on the base currency.
Can I open a corporate account?
You can open a corporate account. The steps can be performed as explained above. You can also open a demo account.
Is there a cost to open an account?
There is no cost to open an account with MiltonMarkets. Investors can easily trade by depositing funds from the operator and placing orders with margin as collateral. It is also easy to challenge. If you have basic knowledge, you will be able to trade using a proper method. There is no legal guarantee of principal, but it is possible to receive a bonus.
Are there any prohibited transactions?
Use by anyone other than the account holder, use of one account by multiple people, hedging transactions between multiple accounts, transactions that abuse leverage, bonuses, etc., transactions aimed at closing/opening windows or announcing economic indicators are prohibited. It has been. Scalping trades, double trading, and automated trading (EA) are available.
How do I open an ELITE account?
To open an ELITE account, first create a SMART account. After that, you can use it by depositing funds, increasing your balance, and then contacting support and saying “I would like to upgrade my account.” This is determined by the partnership regulations. The system is the same, and documents must be submitted, including photo ID. You can trade on the market using a web browser or a Mac.
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