Millbank Capital (mlbcapitalpro.com) has been flagged by ASIC (Australia) for "Unlicensed". Related Investor Alert: https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!millbank-capital-millbankcapital-com-and-millbankcapital-io--1718
Phones: 61 238143806, 44 2038380693
Addresses: 1 Canada Square London E14 5AA United Kingdom This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.mlbcapitalpro.com.
Opened my account with Millbank Capital (mlbcapitalpro.com) after a friend recommended them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Segregated accounts|Responsive team|Fast support response
Cons: Limited social trading features|Inactivity fee applies after 12 months
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Millbank Capital (mlbcapitalpro.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Regular platform improvements|Two-factor authentication|Fast support response
Cons: Limited social trading features
Millbank Capital (mlbcapitalpro.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Full transparency|Reliable uptime|Automated trading options
Cons: Desktop app not available on Linux
Millbank Capital (mlbcapitalpro.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Detailed reporting|Multi-currency support
Cons: Nothing significant
After using Millbank Capital (mlbcapitalpro.com) since I retired last year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Fast support response|Educational resources|High security standards|Customizable dashboard
Cons: Onboarding videos are outdated
Millbank Capital (mlbcapitalpro.com) locked my account without warning and demanded documents I had already submitted. for over three years later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Copy trading available|Clear documentation
Cons: Alert system is basic
I joined Millbank Capital (mlbcapitalpro.com) after a trusted YouTuber reviewed them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Educational resources|Helpful community forum
Cons: No crypto staking|None so far
I referred a friend to Millbank Capital (mlbcapitalpro.com) after reading several online reviews. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Social trading features|Great customer service|Comprehensive tools|Regular platform improvements
Cons: Onboarding videos are outdated|Cannot customize dashboard fully
The onboarding at Millbank Capital (mlbcapitalpro.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Tax reports included|Risk management tools|Multi-currency support
Cons: Nothing significant|Slow to add new assets
The so-called education at Millbank Capital (mlbcapitalpro.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for over a year thinking they would help me learn.
Pros: Professional team|Economic calendar|Fast deposits
Cons: No fractional shares|Account statements could be more detailed