Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Milton Prime Pros & Cons
Milton Prime is regulated by the Seychelles FSA (SD040). Milton Prime is an NDD broker that offers fully transparent trading conditions. The majority of trading operations are executed within 10 milliseconds, with up to 2000 executed trades every second. One can trade with as low as 0.01 minimum lot and leverage up to 1:500. The company offers advanced trading platforms, friendly trading environment, and full protection of customer funds. Milton Prime is a partner of choice for beginners as well as skilled traders.
TU Expert Verdict
Milton Prime carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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Milton Prime User Reviews
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5-star
0%
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4-star
0%
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3-star
14%
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2-star
14%
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1-star
71%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria6 /10The trading and non-trading commissions of Milton Prime have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- No inactivity fee
- No deposit fee
- No withdrawal fee
- No ECN/Raw Spread account
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Is Milton Prime Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.7 /10Milton Prime has a safety score of 4.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 11 years
- Not tier-1 regulated
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4.7 /10Milton Prime offers the following account options: Demo, Standard.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Demo account
- Standard account with balanced trading conditions
- Low minimum deposit
- No VIP account option
- No ECN/Raw spread account
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6.8 /10Milton Prime received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5.8 /10Milton Prime offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 50 Forex pairs.
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Trading Account Opening
We successfully registered an account with Milton Prime in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Milton Prime is $300.Score:We evaluated Trading Account Opening at Milton Prime by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Customer Support
Score:We evaluated Customer Support at Milton Prime by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria1.9 /10
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FAQs
How are Milton Prime’s trading commissions and non-trading fees structured?
Milton Prime is rated as having medium overall fees, with low Forex trading fees and no charges for deposits, withdrawals, or inactivity. Standard account spreads are floating, with typical EUR/USD spreads ranging from 0.1 to 0.5 pips and GBP/USD from 0.2 to 0.9 pips, and there is no ECN/Raw Spread account option.
What account types and trading conditions are available at Milton Prime?
Milton Prime offers Demo and Standard accounts, along with Trading Accounts using an NDD model and Investing Accounts based on the PAMM model. Trading accounts feature floating spreads, no per-lot commissions, and swaps, while investing accounts charge a 1% management fee plus a 10–35% performance fee and are available only on MT4.
What do user reviews and feedback say about Milton Prime’s overall service quality?
Milton Prime has a user satisfaction score of 2.9/10 based on 7 reviews, with 71% of ratings at 1 star and no 4- or 5-star reviews. According to user reviews, overall feedback is mostly negative, indicating a generally low level of reported satisfaction.
How do reviews and feedback describe Milton Prime’s deposit and withdrawal conditions?
Milton Prime is assessed with a medium score for deposit and withdrawal efficiency, offering bank cards, bank wire, Skrill, Neteller, BTC, USDT, and Ethereum, with a minimum deposit of $300 and a minimum withdrawal of $1. The broker supports USD and EUR as base currencies, has no stated deposit or withdrawal fees, but the review notes limited flexibility in payment options and the absence of PayPal.
What do reviews and comments indicate about Milton Prime’s customer support reliability?
Milton Prime’s customer support has a low reliability score of 1.9/10, with reports that contacting support can be difficult and responses may be delayed or incomplete. Based on user feedback in the review, this level of support may pose challenges for traders who need timely assistance.
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