Millennium trading 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.
I lost a significant amount because Millennium trading did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Multiple order types|Automated trading options|Fast support response|Detailed reporting
Cons: Help articles are sometimes vague|No fractional shares
The platform at Millennium trading is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a few weeks now of dealing with this, I have had enough.
Pros: Easy to use platform|Economic calendar|Dedicated account manager|Multi-currency support
Cons: Could offer more webinars
The platform itself is okay, but the customer service at Millennium trading 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: High security standards|Full transparency|Comprehensive tools|Market news feed
Cons: Could offer more webinars
I referred a friend to Millennium trading through my accountant's suggestion. 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: Educational resources|Multi-currency support|Competitive fees
Cons: No dark mode on mobile
After since I retired last year with Millennium trading, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Excellent charting|Full transparency
Cons: Minimum deposit could be lower|Slow to add new assets