Millennium-FX Scam Test

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Millennium-FX Scam Test

We have another new broker on our hands. Given the fact that this company was only launched last year (2020) and that they are headquartered in the small country of Estonia, many traders may feel reluctant to start trading on their website. Understandable, since they probably won’t know much about the broker when they first see it, but completely unnecessary. In this Millennium-FX Scam Test, we will show you all main security features these guys have decided to implement to make sure no problems every occur. There are actually quite a few of those, so our overall impression is that you will at all times be very well protected. The rest of this text will explain our position in more detail, so keep reading.

Millennium-FX Payments

The first thing we need to check is the payment system. As you can read in our Millennium-FX Review, this part of the website offers loads of very interesting options, some of which are quite rare in the industry. However, when it comes to security, we have to underline that all methods are extremely secure and that your information is always perfectly protected. There are several proofs for that: not only can you count on SSL encryption here, but all payment methods are PCI compliant. In addition to that, the website has a Comodo certificate which proves your every transaction here will be safe. So, when it comes to finances, there is absolutely no way we can talk about a Millennium-FX scam. However, our analysis is not over yet.

Soon to be licensed

When examining a broker’s security, checking for a license is extremely important. But since this is a new broker, the situation is slightly specific. They don’t have a license yet, but only because the process of obtaining one is not over yet. They have already applied for a CySEC license and we expect them to get it without any problems. Not just because of the reliable payment methods, but also because of the fact that they use MetaTrader 4 as their trading platform and because of their excellent support. After trading on their website for a while, we can safely say that Millennium-FX is a completely legit company. Although they are new, they are here to stay and offer absolutely everything you need to make your investments safely.

Millennium FX MT4

Conclusion

In the end, we can conclude that our Millennium-FX scam test is a complete success. This broker has proven itself to be an extremely serious and reliable business partner you can count on every step of the way. Secure transactions, great support and probably the best platform in the world should be more than enough to persuade you to start trading here. The number of options you have speaks volumes about the passion people behind this company have. Go ahead and open an account with them and you will surely enjoy the energy they have. These newcomers are a very welcome addition to the market, no doubt about that.

Millennium FX Review: is Mlnfx.com Scam or Legit Broker?

Mlnfx Review: Millennium FX is a forex and cfd broker that offers trading in a huge range of assets spanning commodities, indices, stocks and currencies. They have a registered address at Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 and they are owned and operated by South Beach Technologies Limited.

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MILLENNIUM-FX TRADING PLATFORM

This broker offers a Web trader and MT4 trading platform for CFD and Forex trading.

DEPOSIT AND WITHDRAWAL METHODS

The available methods are Bank Wire transfer, MasterCard, Visa, Skrill, Neteller, WebMoney, Sofort. The minimum deposit is $250.

Is MillenniumFX LICENSED?

NO! MLNFX broker is not licensed. Therefore, no regulatory body is acting as a watchdog overseeing that they comply with best practices in the financial market.

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SUPPORT

This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

CONCLUSION

Millennium FX is an unregulated broker, this is a source of major concern. When trading forex, we always recommend you use a regulated broker that is licensed to trade financial instruments.

This is a scam broker, i lost 3000$ in direct investments and lost over 5000 $ of profit They keep breaching your account by resetting password.The company is SOuth Beach Technologies, They’ll block all your access and play u for helping you. TRY CALLING ANY OF THE LISTED nos. THEY ARE ALL VIRTUAL NOs. none of them go through .. They are plain thieves calling from Canadian and Swiss nos. all of them are virtual. Please un install any software that they may have installed over your PC. They are trojans and are hacking your systems to support a larger … Read more »

This is definitely a scam. I don’t know how they get my number, they call me 10 times in a week.

They called me 10 times in a week!! fxxku Millennium FX

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RISK DISCLOSURE

Trading binary options may not be suitable for everyone and may also not be legal in your jurisdiction,make sure you are aware of the risks involved as there could be total loss of capital. Don’t trade with money you cannot afford to lose. Binary Options is prohibited by the ESMA. BestBinaryOptionsWatch.com cannot be held liable for any damage resulting from use of information on this website. The FTC Required Affiliate Disclosure: BestBinaryOptionsWatch.com is a professional review site that is independently owned and as such, opinions expressed here are our own. We receive compensation from companies whose products we review. However our professionals test each products thoroughly and recommend the best.

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MILLENNIUM FX Review: is mlnfx.com Scam or Legit Broker?

Millennium Fx is a Forex and CFD broker owned and operated by MLNMTECH OU, with an address at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Island, MH 96960 and also Tornimae 5, Tallinn, 10145,Estonia. MlnFx contact phone number is +14373701807 and email address is [email protected]

Millenium Fx Trading Platform

Trading platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. A good trading platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. MillenniumFx broker offers the MT4 Trading platform which supports custom indicators and Expert Advisors.

Withdrawal and Deposit Method

Millennium Fx withdrawal and deposit methods could be carried out by the following means: Visa, Bank Wire transfer, MasterCard, Neteller, Skrill, WebMoney. The minimum deposit is $250

License and Regulation

Millennium FX is NOT a licensed broker. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices. Complaints about most unlicensed brokers are withdrawal issues(not being able to withdraw your money) and since they are unlicensed and unregulated, no regulatory bodies can fight for you, so you are left helpless. This is a source of major concern.

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