Milton is a trading platform that offers a range of services to traders. It is a registered company in a country or region since 2015.
Milton provides various market instruments for trading, including currency pairs, index CFDs, energy CFDs, and precious metals. Milton utilizes the popular MT4 trading platform, which is known for its advanced charting and analysis tools.
Summary of Milton Markets
Milton Markets is a well-established broker since 2015.
Milton Markets has a headquarter in New Zealand. It is are generally well-suited for Milton Markets to provide their Forex/CFD trading services to global clients.
Milton Markets is a forex broker situated in Vanuatu, specializing in forex currency trading Milton MArkets claim to offer competitive trading conditions along with the best customer services, industry-leading privacy and rapid liquidity of your funds.
In this review, we will be looking into Milton MArkets in more detail to see what services they are really offering.
| Operating company | Milton Markets Ltd. |
| Address |
1st Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia P.O. Box 838, Castries, Saint Lucia |
| Registration number | 2023-00166 |
| Date of company establishment | May 10, 2023 |
| financial license | VFSC: Vanuatu Financial Services Commission |
Milton Markets Review
Milton Markets has a fair rating on Trustpilot.
However, there are few reviews.
| 4.0 / 5.0 | 5-star 44% 4-star 37% 3-star 6% 2-star 0% 1-star 13% |
I’ve been trading with Milton Markets for a while now, unlike other brokers I’ve used, they offer fair trading conditions, I’ve never had issues with deposits or withdrawals. The execution speed is great, and I love the bonus offers that help boost my trading. Their customer support has also been super responsive whenever I had questions. Highly recommend.
Source：Trustpilot
Had some hiccups in the past, but when I brought them up they addressed them reasonably fast.
Not a perfect business, no white-glove concierge (and I wouldn’t expect one for the low rates/spread they charge), but still a reliable partner.
Source：Trustpilot
Working with Milton Markets as an IB since 2017, the broker has never undermined our relationship and, so far, none of my clients have complained (occasional rambling over evaporated accounts don’t count in FX) about the quality of service. Their spreads and focus on partners, makes it a good business for all parties involved: I am getting above-market rebates, the clients doesn’t overpay in spreads and the broker enjoys the volumes partners like bring to the table.
Overall, if you are looking to work with a new broker (especially if Milton Markets is not in your country yet) strongly advise to check them out for possible business. They are very polite and helpful. Unlike many bigger names in the game.
Source：Trustpilot
Not too many discount brokers emphasize on the pitfall of margin trading. Milton here goes one step further by focusing heavily on education, specifically risk management. I am a frequent baby pips and forex factory visitor, and despite the quality of those resource, it’s often hard to find relevant and verified information, so what Milton bring to the table is piling through tons of content on such resources and delivering them in a clear-cut fashion.
This is just one aspect of the broker that stands out for me. Since i am not the most economical trader, I can’t say much about the superiority of it’s trading conditions in comparison to other discount broker, but it shouldn’t be the bad given the “discount” nature of this joint.
Source：Trustpilot
Milton Markets Pros and Cons
Pros
| Pros |
| ・Max leverage of 1:1000 ・Wide range of trading instruments ・Multiple funding methods ・Two flexible account options |
Cons
| Cons |
| ・Lack of detailed information |
Trading Conditions for Milton Markets Users
Account Types
| FLEX | SMART | ELITE | |
| Basic currency |
USD, EUR, JPY | USD, EUR, JPY | USD, EUR, JPY |
| Contract size |
1lot = 100,000 | 1lot = 100,000 | 1lot = 100,000 |
| Spread(major currency) | 1.7 pips~ | 1.0 pips~ | 0.2 pips~ |
| Transaction fee | none | none | One-way 0.2pips /1 lot |
| Zero cut guarantee | ✔︎ | ✔︎ | ✔︎ |
| Execution | ✔︎ | ✖︎ | ✖︎ |
| Max Leverage | 1:100 | Up to 1:1000 | 1:150 |
| Maximum number of positions |
100 (FOREX) | 200 (including reserved order) | 100 (including reserved order) |
| Minimum lot size | 0.01 Lots | 0.01 Lots | 0.01 Lots |
| Maximum lot size | 100 Lots | 50 Lots | 50 Lots |
| Trading bonus | ✔︎ | ✔︎ | ✖︎ |
| Hedging in the same account |
✔︎ | ✔︎ | ✔︎ |
| Minimum deposit amount | ✖︎ | 100 USD | 1000 USD |
| Max Positions | 100 (Forex) | 100 (Forex) | 100 (Forex) |
| Margin Call | 100% | 100% | 100% |
| Stop Out | 50% | 50% | 50% |
| Execution | NDD | NDD | NDD |
| platform | MT4 | MT4 | MT4 |
Source：Milton Markets Official website
Leverage
There is maximum leverage of 1:1000 which is very high.
Leverage can be set lower, so it is up to the user what level they set when opening up an account.
Maximum leverage on valid orders is 500x for FLEX and 1000x for SMART.
However, for SMART accounts, leverage restrictions will apply depending on the deposit amount, account balance, and margin. The maximum leverage is 200x when the amount exceeds 1 million yen or 2 million yen. If you exceed 100,000 yen, restrictions will gradually start to apply.
| Max Leverage | |
| 〜150,000 | 1,000 |
| 150,000〜1,000,000 | 500 |
| 1,000,000〜 | 200 |
Spreads
Spreads are variable.
The standard account has spreads starting at 1.5 pips, this is the minimum and due to the market’s movements can often be seen higher.
Instruments Traded
Besides lots of currency pair, Milton Markets also offers some instruments you would like to trade on, such as Forex, Stocks, Indexes and Cryptocurrencies for your best choice.
| Instruments | Number of stocks |
| Foreign exchange | 69 |
| precious metal | 2 |
| energy | 2 |
| commodity | – |
| stocks | 51 |
| Indice | 13 |
| Crypto | 4 |
Platforms
Milton Markets offers investors the option to trade on the MetaTrader 4.
These established, globally-recognised platforms are suitable for all levels, including beginners.
MetaTrader 4 (MT4) is one of the world’s most popular trading platforms.
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
MT4 is compatible with hundreds and thousands of different indicators, expert advisors, signal providers and more. Millions of people use MT4 for its interactive charts, multiple timeframes, one-click trading, trade copying and more.MetaTrader 4 is a great trading solution to have.
Bonus
100% Deposit Bonus
| Item | Details |
| Campaign Overview | Available multiple times per profile until reaching the maximum bonus limit. |
| Bonus Rate | 100% bonus – Up to a deposit amount of ¥50,000 |
| 30% bonus | Up to a deposit amount of ¥300,000 |
| 20% bonus | Up to a deposit amount of ¥500,000 |
| Cushion Function | Available |
| Bonus Validity | No expiration date |
30% Deposit Bonus
| Item | Details |
| Campaign Overview | Available multiple times per profile until reaching the maximum bonus limit. |
| Bonus Rate | 30% |
| Eligible Accounts | SMART Account |
| Cushion Function | Available |
| Bonus Validity | No expiration date |
No Deposit Bonus
| Item | Details |
| Bonus Amount | 5,000 yen |
| Eligible Accounts | FLEX or SMART accounts with a bonus setting |
| Bonus Validity | No expiration date |
| Minimum Trading Volume | 3 Lots |
| Minimum Deposit | None |
| Bonus Award Frequency | 1 time per profile |
Deposit & Withdrawal
Deposit Methods & Costs
Milton Markets only accepts two methods of depositing, you can use bank wire transfer or you can use something called bitWallet.
bitWallet is a payment solution that allows you to use your credit or debit card, both Visa and MasterCard to deposit with Milton Markets.
Withdrawal Methods & Costs
The same two methods are available wit withdraw as they are to deposit, bitWallet stays completely free to withdraw, however, it is unfortunate that Milton Markets have chosen to charge a fee of 2400 JPY, 24 USD or 24 EUR for any withdrawals by bank wire transfer.
Withdrawal Processing & Wait Time
Milton Markets do not state that their processing times are, however they do state that bank wire transfers will take between 3 to 5 business days.
Payment Methods
Neteller
Neteller is one of the most popular online payment services today.
Nearly all forex brokers accept Neteller as a payment method for their clients’ fund deposit and withdrawal.
Skill
Mostly, all forex brokers provide Skrill as an online payment service option.
Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
Wire transfer
Wire Transfer is the most commonly used payment method.
Nearly all brokers in the world provide this method on their service.
Conclusion
Milton Markets is a Forex and CFD broker.
Milton Markets provides highly favorable trading conditions for traders of all skill levels, catering to both beginners and day traders.
Also, it states that there are no hidden fees, making the trading experience transparent and reliable. It offers to operate trades on the market’s popular MT4 platform, enabling leverages as high as 1:1000.
＼Open an account now！／Open my account with Milton Markets
