Millennium Operations Review – Why milleniumoperations.com Is A Big Liar?
Is Millennium Operations a Forex Scam Broker?
We searched for any legal or registration signs, but in the end we didn’t found it. Millennium Operations is anonymous. This was a conclusion that was too easy to reach.
Millennium Operations claims to be licensed by the CNMV and FCA, KNF, BAFIN, CySEC and IFSC, but we know that it is essentially an anonymous broker. There is no address despite all these regulatory claims. They are only mentioned once, without any further information or links to support their credibility. This is a lot of lies.
You can also add the absence of any legal documents and provisions to make it a very unregulatedbroker. Anonymity in FX means that payments can’t be traced and are lost once they have been invested.
Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.
Millennium Operations Trade Accounts
Let’s talk about accounts. The broker offers 5 types of accounts. The first three are “Bronce”, “Plato” and “Oro”. A minimum deposit is $500. We wouldn’t recommend investing in this broker even if it was possible.
At the next level of the account, called PLATINO, you will be asked $50,000, and then $100,000. At the same time you will be promised:
- Support 24/7
- Live chat on the platform
- Access to efficient investments
- Designated Broker
- Investment Insurance
- Investment transfer
- Leverage up to 70%
- Ongoing training in trading
- Individual market analysis
- Technical research before every investment
- Investments in specific currencies
- 8 hours of live consulting per week
- Special $3,000/month bonus for an active account
- Personalized MasterCard with available-for-purchase investment 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 – Acer Finance, Focus Markets, CIBFX.
Millennium Operations: Terms Of Trade
There are no trading assets talked about anywhere. Unfortunately, the lack of a trading platform also means that there is no guarantee that Millennium Operations is a “real” broker, in that it may not really offer trading conditions.
Leverage values are expressed in percentages and are not relevant without further context. There is no proof that a trading program exists, and Millennium Operations may be a binary option trader, so it is reasonable to conclude that the broker has already been lost.
Only information about the payment methods can be found in logos of credit card and debit card providers, PayPal, and Stripe. This is all we know about the payment methods. Even if we knew, there would still be risk to the broker.
We don’t know if withdrawals ever existed and there were no details about withdrawals. Millennium Operations has not specified any withdrawal fees, but this does not necessarily mean they did not charge such commissions at one time.
A broker who requires an upfront payment or tax that is out of line with your budget is likely a fraudster. Scammers will not tolerate charges such as a 20% or “third-party” fee.
Chargeback Is Your Solution!
A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.
By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.
However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
Request a free consultation today by clicking the button below!
Millennium Operations: 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 Millennium Operations. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Millennium Operations !
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FAQ
- What Is The Millennium Operations Minimum Deposit?
To trade the broker requires a minimum deposit of $500.
- Is Millennium Operations Offering a Demo Account?
The broker did not provide this information.
- Is Millennium Operations a Legitimate Brokers? Should I Invest In Them?
Millennium Operations is anonymous. Millennium Operations claims to be licensed by the CNMV and FCA, KNF, BAFIN, CySEC and IFSC, but we know that it is essentially an anonymous broker.
- Is Millennium Operations a MetaTrader4 Forex Broker?
The broker did not provide this information.
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