MilleniumOne Review – Watch Out For milleniumone.com Trading Scam!

Millenium One is Scamming Traders?

MilleniumOne is believed to be owned and registered by Fiesta LLC in Saint Vincent and Grenadines in December 2021. We can see that the firm shares an address with hundreds upon hundreds of other scheme firms, and it is also incorporated by the same third party affiliate.

The FSA of SVG also issued warnings, with the most recent being in February of this year. They don’t provide licenses for binary options, CFD or Forex traders. All such companies must obtain a license from the country of their service.

After checking Tier1 databases for the FCA, ASIC and BaFin, we found nothing.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

What Is Known About Milleniumone’s Trading Conditions?

The correct answer is nothing. VIP accounts have a fixed spread at 1.4 pip, while other accounts have floating. The swaps, leverage or any other information has not been disclosed by this firm.

The Standard account leverage is set at 1:30. However, it can rise depending on the demand for the other two. It is not known at this time what number.

The broker hasn’t provided any information about the minimum deposit required or the available payment options. Their employees were responsible for assessing and providing information in a mandatory telephone call.

The broker may refuse to accept a withdrawal request if you have not traded or made any activity in the time period between your previous deposit and the withdrawal request.

Charge the equivalent of any deposit fees or 3% from the total withdrawal amount
Accounts that are inactive for more than six months incur a monthly charge of 5 EUR/USD.

Major regulators have banned bonuses and other incentive because of their nature. Scheme firms exploited them by including hidden clauses to the Terms and Conditions that required customers to achieve impossible rollovers prior to withdrawing.

This firm, according to MilleniumOne’s Client Agreement, offers bonuses. It states, however that it is not liable for monetary losses due margin level or other circumstances. It has not been stated that there will be a rollover, so it is up to the brokers employees to find any amount.

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Stam Capital Invest, Quantum AI, Medco Finance Limited.

Reviews and MilleniumOne Reputation

MilleniumOne is a company that has received many negative reviews. These reviews say that customers are unable to withdraw their funds. MilleniumOne has a rating of 2.8 on Trustpilot. Almost 95% of the commenters convince other traders not to become victims of a scam. They all talk about brazen deception and how they have never been able to withdraw their money.

MilleniumOne employees do more than just approve applications. They try to convince unsuspecting victims. If MilleniumOne customers are persistent, the staff will block someone’s trading accounts. This could result in them losing access to their money.

MilleniumOne: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about MilleniumOne. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about MilleniumOne!