Milton Markets Review – Differences Between Entities Explained

First, we have to clarify who is operating this trading brand. There are two entities registered. One based in Saint Vincent and the Grenadines – Milton Markets LLC. But also, there’s one in Seychelles – Milton Global LTD.

While the first operates the domain miltonmarkets.com, the other is operating miltonprime.com and miltonprime.eu. This detailed Milton Markets review finds why this makes such a big difference.

Broker status:	Unregulated Offshore Broker
Regulated by:	No regulations
Operating Status:	Active Forex and CFD Trading Scam
Known Websites:	https://miltonmarkets.com/
Blacklisted by:	N/A
Owner:	Milton Markets LLC
Headquarters Country:	Saint Vincent and Grenadines
Foundation Year:	2021
Online Trading Platforms:	MT4
Mobile Trading:	Available
Minimum Deposit:	$50
Deposit Bonus:	Available
CFD Trading Option:	Yes
Crypto Asset Trading:	Yes  – BTC, ETH, LTC
Available Trading Instruments:	Cryptos, commodities, forex, commodities, shares
Maximum Leverage:	1:1000
Islamic Account:	Not available
Free Demo Account:	Not available
Accepts US clients:	US clients are not accepted
Global Fraud Protection Experts’ Verdict:	With too many irregularities you can find about this broker, there’s a high chance you won’t be satisfied that much with their services. Therefore, if you opt to withdraw your money and change a broker, but some issues occur, feel free to contact our refund team for advice.

Is Milton Markets Legit?

First, Milton Markets LLC claims to have been registered in 2015. However, the FSA (SVG) register shows they were incorporated in 2021. The company also claims to be regulated by that institution. Thus, this institution has not issued forex licenses for years. Now, since this entity is exposed, they are trying to confuse us with other entities of a similar name.

Indeed, Milton Global LTD can be found in the FSA (Seychelles) database. Yet, that license is only tied to miltonprime.com and not miltonmarkets.com. In addition, the CySEC license of Holiway Investments LTD, which was running miltonprime.eu, was revoked. These details should be a sign to stay away from any of these entities.

Traders Experience

Another suspicious thing about this company is Milton Markets reviews. Fairly, if they had been in the business for nine years, they should have had much more than nine reviews. With an average rating of 3.8, these can’t be compared to low-tier regulated brokers, not to mention tier-1 licensed ones.

All in all, if you were trading with this firm and gone through some issues, let us know. After all, our specialists can advise you adequately about your next step.

How Does Milton Markets Work?

As can be seen, the Milton Markets broker is making their business more complicated and confusing than it should be. This all leads to a big misunderstanding, but it’s often too late once traders realize that. The company will do anything in its power to present itself as legit.

Even if they had an FSA Seychelles license, they are far from top-tier brokers. Simply, their requirements can’t be compared to those of the FCA, ASIC, or CFTC. If you think this company is misleading you, feel free to contact us for additional advice.

Who Are Milton Markets Clients?

According to the presentation, the Milton Markets Forex company shouldn’t offer services to traders in the US, Canada, EU, Iran, North Korea, and SVG. Sadly, their website traffic shows a different story. Most of the visitors and most probably clients come from:

• Australia
• United States
• Japan
• Canada
• United Kingdom

Thus, none of these countries have authorized this broker to offer services to their citizens. Not to mention there’s a Milton Markets bonus offer as well. To learn how to investigate these details before you start trading, read our Trade Cipro 100 review.

Anyway, if you have any doubts and are looking for potential solutions, you can always contact us for consultation.

What Are Trading Platforms Available?

On the positive side, with this company, traders can use one of the most popular trading software in the industry. That’s a very well-known Meta Trader 4. With all of its capabilities, traders could enjoy a smooth trading experience and maximize their results with a vast of advanced features. It’s quite sad the company doesn’t have some top-tier licenses to make it count.

Is the Milton Markets Mobile Trading App Available?

Indeed, yes. All iOS and Android users can relax. With the MT4 platform, there’s no mistake when it comes to mobile trading. Smoothness, speed, and reliability are the things that make it so popular among traders. But if that’s what’s going to make you profitable, find out in our Union MK Limited review.

What Financial Instruments Does The Platform Include?

Generally, the company covers all five major investment categories. Thus, for some, they only have the most popular assets. With this in mind, you might even think about other options. Anyway, you can trade:

• Forex – USD/JPY, NZD/CHF
• Commodities – XAGUSD, XAUUSD
• Shares – AIG, Tesla
• Indices – IBEX35, ASX200
• Cryptos – BTCUSD, LTCUSD

Account Types Offered by Milton Markets

Besides three regular trading accounts, traders can also use the PAMM (Percentage Allocation Management Module) program. Generally, the accounts differ in leverage, spreads, and maximum open positions allowed. All the options are:

• Flex – $50
• Smart – $100
• Elite – $5.000

Can a Trader Use a Milton Markets Demo Account?

With MT4 software available, the company should offer a demo account. Surprisingly, that’s not the case. Even though the minimum requirement is so low, top-tier regulated firms require less money. So, think about that as well.

Milton Markets Fees, Leverage, and Commission

In general, the trading conditions are one of the most important aspects. They are definitely something that might affect your Milton Markets withdrawal potential, especially the leverage of up to 1:1000. And you should keep in mind that tier-1 licensed brokers offer a maximum of up to 1:30. Certainly for a reason. On the positive side, there’s a negative balance protection.

Nevertheless, starting spreads range between 0.2 pips and 1.7 pips for different accounts. When it comes to commission, only the Elite program has a one-way commission of 0.2 pips per lot (0.2 pips for USDJPY = 200JPY)

Is the Milton Markets Welcome Bonus Available?

Indeed, yes. Currently, the company offers a 40% welcome bonus for anyone who registers to trade with Milton Markets MT4 platform. Sadly, conditions for withdrawing the bonus and profits generated with it have not been declared.

Is Milton Markets Withdrawal Possible?

It’s important to realize that the company does not list what payment methods it accepts. What’s even worse is that the withdrawal policy does not exist either. So, if you plan to use the Milton Markets app, find out all the conditions first.

Once you complete the Milton Markets login procedure, you might find some relevant details. Obviously, the company may change the conditions without prior notice, so you have to watch out for it.

What Should I Do If I Have Milton Markets Problem?

Since the Milton Markets scam broker has quite shady operations without transparent withdrawal options, you can expect a lot of issues. Since their licenses were revoked in the past, it’s no wonder they are doing that. Now, the key thing to do is to let regulators know about your case. You can also share your opinion online and in our comments section.

However, if you only want to recover the money, our team is available to consult. Send us a message, book your first consultation without any costs, and find out your options. Ultimately, the decision is on you. Are you fine with someone taking all your money?