Millbank Capital (mlbcapitalpro.io) has been flagged by ASIC (Australia) for "Unlicensed". ASIC Investor Alert: https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!millbank-capital-millbankcapital-com-and-millbankcapital-io--1718; https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!millbank-capital-mlbcapitalpro-com--2444
Phones: 442038660815, 61238... 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.io.
If you are reading this considering Millbank Capital (mlbcapitalpro.io) - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over for about three months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Two-factor authentication|Transparent fees|Easy withdrawals|Demo account available
Cons: Live chat only during business hours
Millbank Capital (mlbcapitalpro.io) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Dividend tracking|Low minimum deposit|Transparent fees|Fast support response
Cons: No live chat on mobile|Email notifications too frequent
The reporting at Millbank Capital (mlbcapitalpro.io) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Clear documentation|Personal attention|Fast deposits
Cons: Currency conversion fee exists|No fractional shares
I joined Millbank Capital (mlbcapitalpro.io) through my accountant's suggestion 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: Low minimum deposit|Fast deposits|Multi-device support|Reliable uptime
Cons: Onboarding videos are outdated|Would like more payment methods
Millbank Capital (mlbcapitalpro.io) 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: Tax reports included|Great customer service|Risk management tools
Cons: Limited demo account features|Cannot customize dashboard fully
I closed a profitable position at Millbank Capital (mlbcapitalpro.io) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: API access|Competitive fees
Cons: Spreads widen during volatile periods
I have been trying to close my account with Millbank Capital (mlbcapitalpro.io) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: API access|Transparent fees|Detailed reporting
Cons: No dark mode on mobile
Opened my account with Millbank Capital (mlbcapitalpro.io) after a family member had a good experience 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: Multi-device support|Real-time alerts|Comprehensive tools
Cons: Live chat only during business hours
I referred a friend to Millbank Capital (mlbcapitalpro.io) after comparing multiple platforms. 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: Professional team|Dividend tracking|High security standards|Easy withdrawals
Cons: Minimum deposit could be lower|Limited demo account features
I opened an account with Millbank Capital (mlbcapitalpro.io) since I opened my account last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Copy trading available|Dividend tracking
Cons: Charting tools need more indicators|Website design could be more modern