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Milton Prime

Milton Prime is a Forex broker regulated by the Seychelles Financial Services Authority (SC:FSA), founded in 2015.

Milton Prime is unique in that it offers high leverage of 1:500 for FX currency pairs. CFD stock indices, CFD stocks, CFD cryptocurrencies, and CFD futures can also be traded from a single account, offering maximum leverage of 1:30.

Although it offers high leverage, you do not risk more than the deposited amount because of the zero cut system with no additional margin for any instrument. This allows you to trade with maximum financial efficiency while ensuring safety.

Another advantage is the transparency of the price rates; Milton Prime uses the NDD method, which means that the trading account offers very small spreads.

Milton Prime offers two types of accounts: Trader account and Investor account. The Trader account allows users to make their own discretionary trades, while the Investor account offers trading via PAMM and copy trading.

The disadvantages are that bonuses and other incentives are not offered, account options are limited, and there is only one trading platform, MetaTrader4.

Milton Prime offers a unique service called the slippage guarantee system. It is a system that guarantees slippage that occurs under specific conditions such as slippage width of 1 pip or more, the execution time of 500 ms or more, excluding trade conducted 60 minutes before and after the market opening and closing, and 30 minutes before the announcement of economic indicators. If the conditions are met, slippage will be covered by the system, and the difference from the contract price will be refunded, which is a unique service of Milton Prime.

Official Website

Pros

  1. High leverage up to 1:500
  2. Copy trading is available
  3. Slippage guarantee system

Cons

  1. MT5 is not provided
  2. Few account types
  3. Initial minimum deposit is high

Operating Company

Company name:
Holiway Global Ltd
Head office address:
CT House, Office 9D, Providence, Mahé, Seychelles
Financial supervisor:
Seychelles Financial Services Authority (FSA) license number SD040
Founded:
2015
Capital:
Undisclosed

Customer Service

Website language:
[Europe and America] English
Trading platform:
MetaTrader4
English support:
Email
Business hours:
(Weekdays) 10:00 am - 4:00 pm (Japan time)
Email address:
[email protected]
Phone number:
N/A

Trading Rules

Roll over:
10:00 pm (Server time)
Margin call:
When the margin maintenance rate falls below 100%
Loss cut:
When the margin maintenance rate falls below 50%
Matched order:
Permitted(*1)
EA restrictions:
None
Request for additional margin:
None (If the margin becomes negative, zero cut will be performed)
Funds management:
Managed in a segregated bank account
Bankruptcy compensation:
Full deposit compensation is not guaranteed

(*1)Matched orders between multiple accounts are prohibited.

Conditions for Each Account Type

Trading platform:
MetaTrader4
Brokerage model:
NDD method
Spread method:
Variable spreads
Trading account currency:
US Dollar, Euro
Maximum leverage:
1:500
Initial minimum deposit:
$ 300 (USD)
Lot size:
100,000 units
Minimum order size:
0.01 lot
Maximum order size:
50 lots
Maximum open orders:
5,000 lots
Instruments(symbols):

[FX/Currency Pair]: 43
[CFD/Metals]: 2
[CFD/Indices]: 9
[CFD/Energy]: 2
[CFD/Cryptocurrencies]: 3
[CFD /Stock]: 26

Available trading hours:

[Daylight saving time]: (Sunday) 9:00 pm - (Friday) 8:55 pm (Server time)
[Winter time]: (Sunday)10:00 pm - (Friday) 9:55 pm (Server time)

Transaction fees:
None
Account maintenance fee:
None
Holding multiple accounts:
Permitted
GMT time difference:
[MT4] Daylight saving time: ±1 hour, Winter time: ±0 hour
Official Website
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