Millenium-Capital has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After spending for about five months trying to make Millenium-Capital work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Easy withdrawals|Portfolio tracking tools
Cons: No integrated tax optimization|No crypto staking
Do not believe the bonus offer from Millenium-Capital. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited based on a colleague's recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: High security standards|Competitive fees
Cons: Limited social trading features|Slow to add new assets
My card was charged twice by Millenium-Capital on the same day. I had to dispute it with my bank. Millenium-Capital then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Tax reports included|Multi-currency support|Quick verification|Regular platform improvements
Cons: Slow to add new assets|Minimum deposit could be lower
I closed a profitable position at Millenium-Capital 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|Automated trading options|Wide product range|Full transparency
Cons: Inactivity fee applies after 12 months|Spreads widen during volatile periods
I signed up with Millenium-Capital through a podcast recommendation and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: No hidden fees|Full transparency
Cons: Nothing significant|No dark mode on mobile
I trusted Millenium-Capital with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Automated trading options|Responsive team|Regular platform improvements
Cons: Mobile app could be improved
I have been trying to close my account with Millenium-Capital 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: Personal attention|Intuitive for beginners|Multi-device support
Cons: Account statements could be more detailed
The platform itself is okay, but the customer service at Millenium-Capital is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Multiple order types|Instant funding
Cons: No live chat on mobile
I was contacted by Millenium-Capital through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Millenium-Capital recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Competitive fees|Clear documentation
Cons: Minimum deposit could be lower