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.
(*1)Matched orders between multiple accounts are prohibited.
[FX/Currency Pair]: 43
[CFD /Stock]: 26
[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)
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.