MILTON MARKETS is a Forex company established in 2015. The selling point is the narrow spread with a maximum leverage of 1000 times. Therefore, this company may be good for people who are good at scalping. It is a very good trading condition because it has low spread and high leverage. They have a Vanuatu license, so They have a solid financial license. There are several types of accounts, so users can choose from them.
Company information
MILTON MARKETS is an overseas Forex brand operated by MILTON MARKETS LTD. The FX trading service will be available in 2015.
| Operating company name | MILTON MARKETS LTD |
| Headquarters location | Transpacific Haus, Lini Highway, 2nd Floor, Port Vila, Vanuatu |
| license | Vanuatu Financial Services Commission (VFSC) |
| Business start date | 2015 |
| Capital | Unpublished |
| number of employees | 50 |
license
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is he licensed for MILTON MARKETS?
| company name | Acquisition license |
| MILTON MARKETS LTD | Vanuatu Financial Services Commission (VFSC) |
Email support
MILTON MARKETS supports the following.
| Inquiry method | Contents |
| You will receive a reply within 24 hours on weekdays. You will receive a reply in about a day. | |
| Live chat | Available hours: 24 hours on weekdays. Use chat if you want an immediate response. |
| ticket | Tickets are a service limited to account holders. You can inquire on the official page. |
Supported language
They support 4 languages. Below is a list of supported languages.
- Japanese
- Chinese
- English language
- Spanish
Loss compensation
MILTON MARKETS has a guarantee system.
| Guarantee system | Contents |
| Slippage warranty | It is a system that you can get a refund of the difference if the slippage width is 1 pips or more and the contract time is 500 ms or more. |
| Zero cut | They will not charge any loss in excess of the margin to protect the trader’s funds. There is no risk of having a debt. |
Withdrawal method
MILTON MARKETS supports the following withdrawals.
| Withdrawal method | Withdrawal fee | Reflection time |
| bitwallet | Free | Immediately |
| Bank remittance | Free | 3-5 business days |
Deposit
MILTON MARKETS supports the following deposits.
| Payment method | Deposit fee | Reflection time |
| bitwallet | Free | Immediately |
| Bank remittance | Free | 3-5 business days |
Account type
MILTON MARKETS supports the following account types.
| item | Smart account | Elite account | Elite Plus Account |
| Trading platform | MT4 | MT4 | MT4 |
| Account currency | JPY, USD, EUR | JPY, USD, EUR | JPY, USD, EUR |
| Minimum deposit | 30,000 Yen 300 USD 300 EUR | 1,000,000 Yen 10,000 USD 10,000 EUR | 10,000,000 Yen 100,000 USD 100,000 EUR |
| Minimum transaction unit | 0.01 lot | 0.01 lot | 0.01 lot |
| Maximum leverage | 1000 | 200 | 200 |
| Spread | 0.8pips | 0.5pips | 0.2pips |
| Transaction fee | Free | Free | Free |
| Account maintenance fee | Free | Free | Free |
| Products handled | FX currency pair 43 Metal energy 5 Stock index 11 | FX currency pair 43 Metal energy 5 Stock index 11 | FX currency pair 43 Metal energy 5 Stock index 11 |
| Order execution method | STP・DMA | STP・DMA | STP・DMA |
Currency pair
MILTON MARKETS supports the following currency pairs. Spreads are also listed.
| Currency pair | Smart account | Elite account |
| USD/JPY | 1.5 pips | 0.1 pips |
| EUR/USD | 1.5 pips | 0.2 pips |
| CHF/JPY | 2.1 pips | 0.4 pips |
| AUD/CAD | 2.1 pips | 1.1 pips |
| AUD/JPY | 1.8 pips | 0.9 pips |
| AUD/NZD | 3.2 pips | 1.8 pips |
| AUD/USD | 1.8 pips | 0.3 pips |
| AUD/CHF | 2.1 pips | 0.9 pips |
| CAD/JPY | 2.0 pips | 0.4 pips |
| EUR/AUD | 2.1 pips | 0.6 pips |
| EUR/CAD | 2.3 pips | 0.7 pips |
| EUR/CHF | 2.0 pips | 0.6 pips |
| EUR/GBP | 2.0 pips | 0.2 pips |
| EUR/JPY | 1.5 pips | 0.3 pips |
| EUR/NZD | 4.5 pips | 3.1 pips |
| GBP/AUD | 2.7 pips | 1.3 pips |
| GBP/CHF | 2.9 pips | 1.4 pips |
| GBP/JPY | 2.0 pips | 0.5 pips |
| GBP/USD | 1.5 pips | 0.6 pips |
| GBP/NZD | 4.0 pips | 2.5 pips |
| GBP/CAD | 1.6 pips | 1.3 pips |
| NZD/JPY | 2.0 pips | 0.6 pips |
| NZD/USD | 1.5 pips | 0.4 pips |
| USD/CAD | 2.0 pips | 0.7 pips |
| USD/CHF | 2.1 pips | 0.9 pips |
| USD/CNH | 1.1 pips | 1.1 pips |
| USD/SGD | 2.9 pips | 1.5 pips |
| USD/TRY | 9.1 pips | 8.7 pips |
| USD/MXN | 48.1 pips | 26 pips |
| USD/ZAR | 46.2 pips | 28 pips |
Whether or not withdrawal is refused
It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. Some companies run away at worst, so what about MILTON MARKETS? The patterns of withdrawal refusals from past cases are summarized below. Double-decker, scalping, and automated trading are permitted.
| Case study | Contents |
| Transactions between multiple accounts | It is a violation of the trading rules. The account may be frozen. |
| If your account is managed by a third party | It is a violation of the trading rules. The account may be frozen. |
| Trades that overload the system | Making many transactions in a short time using the system violates the trading rules. The account may be frozen. |
Other Forex companies, virtual currency exchanges
If you are looking for other Forex companies or cryptocurrency exchanges, please see the list below in the link below.
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