2024 Latest Edition: What are the features and safety of overseas FX MILTON MARKETS? A thorough explanation of reputation, bonuses, withdrawals and reviews

We will thoroughly explain the features, spreads, support, bonuses, safety, reputation and reviews, and benefits of opening an account with the overseas FX broker MILTON MARKETS. This FX company has a system that refunds losses caused by slippage and a wide range of stocks available. It is advantageous because it has a high-speed contract speed of within 0.1 seconds and there are no restrictions on scalping or automatic trading.

MILTON MARKETS company information and safety

MILTON MARKETS is an FX company established in the Republic of Vanuatu in 2015. It is regulated by the Vanuatu Financial Services Commission and has a financial license from the VFSC, so it is a very reliable company. In the past, the operating company was called “WSM INVEST LIMITED” and once moved to St. Vincent and the Grenadines, but eventually changed its name and is now based in Vanuatu. Let’s check the following. It is a broker that is ranked high in popularity. Before looking, let’s take a look at the types of services. It is recommended for beginners. Let’s log in. There is also a zero cut and the contract power is high.

 

Obtained financial license

For the above reasons, Miltonmarkets has obtained a financial license from the VFSC, so the operating company is highly reliable, and is under the necessary regulations of the Financial Services Agency and operates at any time. Since it has a solid financial license, there is no risk of fraud or false charges. The benefits are great, and it has gained high trust from traders. High quality services are provided. It is really well set up and the service is provided under regulations, so it is safe. Regardless of nationality or region, you can always utilize and increase your funds.

Separate management/no trust protection

MILTON MARKETS clearly separates the profits and funds of customers and traders from the funds of traders at major international banks. Therefore, 100% of the funds are safely protected and traders’ funds will not be used by the company without permission. On the other hand, there is no mention of trust protection. In the unlikely event of bankruptcy or insolvency, unlike separation, there is no guarantee that the full amount will be returned, so this may be a problem for some. The probability is low, but there is a risk. Users may also have their accounts frozen if they violate prohibited items.

Some countries have been warned

MILTON MARKETS currently has a VFSC financial license, but we do not have licenses in other countries. We previously received a warning from the Japanese Financial Services Agency for being “a person who engages in financial instruments trading business without registration.” However, even if this is the case, foreign traders can use it at their own risk and it is not illegal to use it. So far, there has been no damage such as withdrawal refusal. Please note that there was a problem with the broker’s parent company in the past, but there is no possibility of any major problems occurring now.

Source : URL

Features of MILTON MARKETS

Now let’s explain the features of MILTON MARKETS. You may be interested in the financial products they handle, leverage, spreads, and even swap points, so we will summarize the information in detail and explain it in a list, so please refer to it. In addition to personal accounts, accounts can also be opened under corporate names. Please contact the management. You can choose an account to try, so please take a look. We offer top-class and optimal services. You can trade without delay by clicking on the screen yourself.

There are 3 types of account

There are 3 account types and the maximum leverage is 1,000x. Of course, both are subject to campaigns and bonus promotions. The basic specifications are as follows. SMART accounts are suitable for short trades with narrow spreads, and FLEX accounts are standard accounts for other companies. The transaction format uses the NDD method. The ELITE account is a dedicated account for scalping trades, and the leverage limit is 200x, but the spread is extremely narrow.

Maximum leverage 1,000x

Maximum leverage on valid orders is 500x for FLEX and 1000x for SMART. However, for SMART accounts, leverage restrictions will apply depending on the deposit amount, account balance, and margin, so please refer to the following. The conditions are very good as the lot size is higher than that of domestic FX companies. The maximum leverage is 200x when the amount exceeds 1 million yen or 2 million yen. If you exceed 100,000 yen, restrictions will gradually start to apply.

Handling of financial products

We compared the financial products offered by XMTrading, a popular FX company, and found that they are very comprehensive. They offer foreign exchange, precious metals, energy, stocks, stock indexes, and virtual currencies, but the disadvantages are that they do not offer any products and they offer very little virtual currency. You can also create multiple accounts, so you can use them in different ways. It is an environment where anyone from beginners to advanced users can take on the challenge.

Trading fees and spreads

Since there are no transaction fees, the cost of trading depends only on the spread. So, what about the spread? I calculated the average spread in SMART using major currencies as a reference. This narrow spread is very attractive, and it can be said that the spread tends to be clearly narrower than other companies. Elite accounts are the narrowest.

Execution speed 0.1 seconds

The biggest strength of MILTON MARKETS is that the execution speed is said to be only 0.1 seconds, making it very suitable for scalping trades. The execution rate is 100%, and there will be no execution rejection (re-quote). Because the servers are good, there is absolutely no slippage on the charts, so there is little risk, so it can be said that it is a highly recommended FX company.

Trading tool is MT4

The trading platform and tools are only compatible with Metatrader’s MT4. Unfortunately, it is not compatible with MT5. MT4 is compatible with Windows, Mac, Android, and iOS, and can also be used for automatic trading. You can download and install by accessing the official website. Scalping is fully permitted at Milton Markets, and automatic trading (EA) and double trading are also allowed. There are no restrictions on indicators either.

Support via email and chat

Support can be contacted via email or live chat. Our customer centers are located in Cyprus, New York, and Hong Kong, and are generally open 24 hours a day on weekdays. Languages available are English and Japanese. It’s convenient because it’s open for long hours. Once prepared, you can easily make inquiries from My Page. You can make unlimited inquiries using the form. Our staff does not answer phone calls.

Zero cut system

A zero cut system is used. The zero cut system is a system in which when a loss exceeds the account balance due to rapid fluctuations in the market and the loss is not cut in time, the Forex company will bear the negative amount on your behalf. Available for all account types. Also, the stop level is zero for all currency pairs and CFD products. Assets are maintained without margin calls. You can also create multiple accounts. The loss cut level for FLEX and ELITE is 20%, and the margin call is 20%. You can feel safe managing your funds.

About campaigns and bonuses

In the market, you can receive luxurious campaign bonuses with both FLEX and SMART account types. Unlike other companies, it is not a limited-time, short-term campaign, but it is always held, so you can feel very safe. We have campaigns such as the following. The deposit bonus also has a cushion function. Earned bonuses can be used as credits.

Swap points awarded

As a basic knowledge, when you trade across days, there is a unique swap. Please note that these points are awarded for various currency pairs such as usdjpy, eurosd, eurgbp, gbpjpy, etc. You can start with a small amount, but trade with caution as you may receive a negative amount.

Many deposit and withdrawal methods

In addition, there are a wide variety of deposit and withdrawal methods. Credit cards and debit cards (VISA, Master Card, JCB) are not accepted, but bank transfers, virtual currencies, and online wallets (bitwallet) are fully supported and processed. Although fees charged by Milton Markets are free, network fees incurred when remitting or moving the total amount will be borne by the user. It will take at most one day for the money to arrive. You can invest from 10,000 yen.

There is no risk of withdrawal refusal

Even if you open an account with Milton Markets, receive a bonus, and make a profit, your withdrawal will not be refused. There will be no problems within the system unless there is a violation of the terms and conditions. You can ask support about this before and after you do it. In limited cases, those who violate the above will have their account automatically frozen, and they may not be able to close their open positions and lose their funds. Please see the official website for details on the handling. Information is provided and will be helpful for those who are going to do it.

Beware of account freezing

Beware of account freezing. There are few negative opinions, reports, and posts about group companies on minor SNS and blogs, and accounts are unlikely to be frozen unless you do something strange. Users can trade firmly using data. If you are worried about making a decision, it is a good idea to consult with the desk later. It offers a comfortable environment with fast speeds even in Japan. It is a broker with high transparency and overall high recognition in the FX category.

What is the actual evaluation?

Now, I will introduce the good and bad things from the evaluations and reviews of actual FX companies. This is a quote from TradersUnion. TradersUnion is a review site for Forex companies around the world. Judging from the registered addresses, most of our main users are from Indonesia, Thailand, South Africa, the UK, and Malaysia, but we also have registered traders from all over the world. We also have users in Japan, Southeast Asia, and Africa.

Source : TradersUnion

The situation is similar to many others. I can’t receive $2,000 from milton prime. The withdrawal has been on hold since December 18, 2023. They refer to the audit being conducted, and do not provide any supporting documents

Source : TradersUnion

I don’t like that Milton Prime is not attentive to their customers, they never answer questions on time, which I have a lot as a beginner. I traded a little so I can’t trade like that. Now they work in a more responsive company.

Source : TradersUnion

I suggest that those who suffered from Milton Prime unite! Tears won’t help! They have crossed all boundaries. I don’t know if a class action lawsuit will work, but something needs to be done! You can’t forgive them!

Source : TradersUnion

Milton Prime will certainly find how to drain your depot, do not hesitate. To whom they do not pay money at all, to someone they interfere in trade, they interfere in different ways. In short, the fact is that this broker will appropriate your money for anyone.

Source : TradersUnion

I have had many problems with Milton Prime. All the money that I transferred to an account with this company was lost. I lost access to my personal account, and the support service ignores my emails. I wanted to file a claim with the court, but it turned out that Milton Prime is not known where registered.

Source : TradersUnion

Terribly weak company in terms of all possible services and technologies used. By his naivety and inexperience he fell for it. Attractive conditions and other heresy pushed me to open a demo, and managers pushed me to open a real account. It did not end well for me, unfortunately, I lost money.

Source : TradersUnion

Free account opening possible

It is possible to open a new real or demo account for free. Click the button below to access the official website page and proceed with registration. Choose from three types of accounts and your account number will be issued. When investors start, they should check the terms of use that apply to them, frequently asked questions, the latest news from the management group, content, etc., and also check the official website for necessary documents and identity verification. The barriers are low and the desk is polite, so it is recommended even for beginners.

ID is required for first-time visitors

When you first open an account with us, you will need to prepare a passport, My Number card, driver’s license, etc. Be careful if you do not update regularly. If you have any questions, please contact the management. We have a solid procedure system in the industry and thoroughly verify the identity of individuals. You will also need to confirm your residence card and utility bills with your address confirmation document. Once you are able to log in, you can trade immediately with Metatrader. If you are unsure, you can also make inquiries from the home page. Try trading a little with the latest version.

Conditions are much better than other companies

It is famous for its very narrow spreads compared to its competitors (XM, iforex, fxgt, bigboss, titanfx, threetrader, axiory, etc.). Professionals can also trade advantageously. There are fewer restrictions than others, so you can apply and trade in a risk-free environment. Because of the high leverage, you can make profits by trading large lots with a small margin. It is recommended for those with experience and skills. There are almost no prohibitions. Of course, there have been no troubles and it has a proven track record, so you can use it with ease.

Trade on the app too

You can trade just fine with the app. The usage is the same on PC, and you can buy and sell normally from either side. The app is also an excellent tool, and you can receive high leverage and various bonuses, so it is a satisfactory service. If you have any concerns or worries, please contact support from the menu. It can be used conveniently depending on your purpose. Make use of the account bonus, leverage, swap, spread, and other types. Let’s win in the easy market.

2024 Latest Edition: How to open an account with Milton Markets, identity verification procedures, and bonuses. Recommended FX companies for beginners.

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.

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2024.10.06