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Milton Prime broker – company assessment, search and analysis of reviews, divorce scheme
This is a fake offshore company that offers clients various services without any specifics. Managers talk about stable income and the prospect of cooperation, but forget to mention the lack of a license.
|Year of foundation
|Regulation and jurisdiction
Office 1, Block 2, 2nd Floor Dekk House, Plaisance, Mahe, Seychelles
- Variety of trading accounts and trading platforms
- Availability of a mobile application
- Wide range of additional services
- Offshore registration
- No demo account for beginners
- There is no information regarding the minimum deposit
|Types of accounts
Credit cards Visa/Mastercard/Maestro
International payment systems
Up 0.01 pips
Up 0.0 pips
CFDs on stocks and indices, currency pairs, Forex, precious metals, commodities
Review Milton Prime
According to the legend, the service founded in December 2015 when it attracted its first client using MetaTrader. Since then, the company has achieved serious victories. In September 2017, Milton Prime received FSC license number 40370. In November of the same year, the company reached 10,000 active customers. Every year the number of users grew rapidly. But we checked the domain, and it turned out that the site was launched only in 2023. This means that the statistics and history of the company are fake.
Milton Prime is registered and regulated in Seychelles (FSA). The company is active in various geographic regions, including Hong Kong, New York, London and Vanuatu. The company currently has over 50 employees and serves over 20,000 active clients.
The organization’s goals include providing secure and accessible trading services without compromising best order execution practices. Milton Prime is committed to making life easier for its customers. Of course, there is not a word of truth in this. Because this is an offshore organization that provides services illegally. We checked the project through the register of the Central Bank of the Russian Federation to check the level of reliability for traders from Russia. The auditor did not issue a license to the project.
Terms of cooperation with Milton Prime
Office offers the opportunity to participate in the Forex and CFD market through managed accounts (PAMM/MAM) or copy trading. Here are the key features of this process:
- 100% passive income. Investors can build multi-asset portfolios using managed Forex and CFD accounts;
- top managers are paid only if the investor makes a profit;
- a clear interface and convenient functions that allow investors to control their investments;
- All managers are carefully checked. They manage different types of assets and have different levels of risk;
- investment begins on the same business day when the investor provides the necessary documents;
- access to Forex, commodity markets, cryptocurrencies and shares through CFDs;
- investors only pay when their investment makes a profit.
Investing with Milton Prime involves participating in global markets through professionally managed accounts and copying the strategies of successful traders, allowing investors to diversify their portfolios and participate in the market with minimal effort.
The problem is that the Milton Prime review showed a lack of specificity on the part of the organization. There is not a word about how much money clients need to start. Moreover, the company does not even disclose the details of the cooperation, especially who manages the users’ funds. That is, the company tries to maintain anonymity.
PlatformMetaTrader 4, widely known and popular among traders of all levels. Here are the key features and nuances of this platform. According to the statements on the official website, Milton Prime thoroughly tests it to ensure stability and reliability. The platform offers only useful and effective tools, excluding unnecessary “tricks”. MT4 tools and features are applicable in any market situation. Automated trading systems that allow you to automate trading strategies. It is important not to forget that the project does not have a license to bring transactions to the real market. Accordingly, the platform is completely under the control of the fake company.
Milton Prime Financial Transactions
Now regarding which payment systems are supported by the service:
- Paysafe (Neteller, Skrill). Available for both deposits and withdrawals;
- cryptocurrency (BTC and USDT);
- Bank Transfer (Wire Transfer). Also available for deposit and withdrawal.
Milton Prime does not directly charge additional fees for deposits and withdrawals. However, for some payment methods, fees may be charged by third parties (for example, payment processors or banks). The minimum deposit amount is $300 for alternative payment methods and $500 for bank transfers. Minimum withdrawal amounts depend on the specific payment service provider. And here we invite you to read in more detail the reviews of ex-clients.
Milton Prime is a brokerage company specializing in Forex and CFD trading, offering its clients technologically advanced solutions for effective work in the financial markets. Since 2015, the company has established itself as a reliable partner in the financial industry, providing high levels of trade execution without compromise on margin requirements and trading commissions. Milton Prime offers competitive trading conditions, including low spreads and significant leverage up to x500, as well as convenient money management conditions. The company’s clients have access to popular markets such as EURUSD, gold and Apple shares through a single trading platform. Milton Prime places particular emphasis on a technological approach. The problem is that the broker does not provide services legally. The company operates in violation of the prescribed norms and legislation, which is why the broker is blacklisted on thematic forums.
Reviews of Milton Prime
There were no problems finding comments. The broker is popular on the Internet, and there are enough responses to understand about serious problems with the organization’s returns.
Anton warns that the broker took all the client’s money. All attempts by Daria to return the money from miltonprime.com failed.
Managers talk beautifully, but in practice they don’t implement even half of what they say.
Victor warns that the organization does not have a license.
Don’t forget about existence chargeback. This option allowsreturn your money. This procedure is available to everyone, the outcome of which depends solely on the correctness of the actions. You can consult the intricacies of forced cancellation of a transaction, just write to us.
Verdict on the Milton Prime project
Based on the information received, the following signs of a potential divorce can be identified:
- it is indicated that the Milton Prime project existed over the years under different names, which may be a sign of an attempt to hide past fraudulent activities;
- on thematic sites there are numerous negative customer reviews, which mention problems with payments, deception on the part of the broker and other unpleasant moments;
- custom reviews of Milton Prime on the official website – a tool for creating a reliable image;
- there is no license, which automatically does not allow the company to bring transactions to the real market. Accordingly, the quotes are fake;
- problems with output. Users have reported delays and problems with withdrawals, which is often a sign of fraudulent activity;
- dubious loan offers. It is noted that the broker offers loans to clients, which may be part of a scheme to involve clients in debt obligations;
- fake information and statistics on the site that do not correspond to reality;
- lack of protection of clients’ rights.
These signs indicate potential risks associated with interaction with Milton Prime and should be taken into account when deciding to cooperate with this broker.
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