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/10

FXMILLS

Saint Lucia Saint Lucia | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.fxmills.com/index.php

Website

Rating Index

Contact

+91 224 1703 098
https://www.fxmills.com/index.php
Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia P.O Box 838, Castries, Saint Lucia

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Lucia
Operating Period
2-5 years
Company Name
FXMILLS
Email
support@fxmills.com
Contact Number
+912241703098
FX2783203464

FX2783203464

Unverified

Vietnam

ID: 23596, FXmills floor, I was solicited by this group to join the exchange from January 8, 2024, with a capital of 2040$, to receive dividends from the stock code DEQ, but when dividends were distributed, the floor counted them. The closing price and the order entry price were wrong, so my dividends were deducted. Luckily I closed quickly or my account would go negative. Then I called the support staff, Lam Nhat, and it couldn't be resolved. I had to regret losing money because the floor was dirty. From then on until January 30, 2024, I made a profit and principal transaction of $3621.19. I placed a withdrawal order of $3620.65 from 10:00 pm on January 30, 2024, until February 2, 2024 I still have not received the money back to my account. After talking with support person Lam Nhat, he told me to call the floor to ask. Then someone called me at 0598400723 and said that the withdrawal transaction was slow due to going through some withdrawal gate and the fee was very high, up to 40%, so they told me to follow their method to withdraw without any fees. This person told me to buy and sell 0.3 lots of COTTON code. After 15 minutes, these 2 orders will be cleared. I still didn't trust it so I didn't follow through and called the support hotline number: 1900252238 to verify if the floor staff was correct. The floor agent told me to check, then the next day they still didn't call back to confirm whether it was someone from the floor or not. I called back the switchboard but couldn't get through. At that moment, the deposit and withdrawal support staff called me and urged me to enter 2 buy and sell orders of 0.3 lot code COTTON so they could help withdraw the money. Because I couldn't contact the operator to verify this employee, I had to accept the order as they said. After I entered the order, the status was negative $4,500, but now it's still hanging and I don't dare to cut it. After that, my support person told me that if I wanted to withdraw money, you have to deposit another $4,500 to balance the negative balance, and then withdraw the money. I found it very unreasonable and did not follow it. So I hope ADDMIN WiKIFX can help me get back the $3620 that FXMILLS deliberately did not let me withdraw. Thank you very much. Through this, I also hope that everyone will boycott these Scam floors and Scam teams, and then they will also receive retribution for stealing customers' dirty money.

Exposure

FX2783203464

FX2783203464

Unverified

Vietnam

I was solicited by this group to join the exchange from January 8, 2024 with a capital of $2,040, with the intention of receiving dividends from the stock code DEQ, but when the dividend was distributed, the exchange incorrectly calculated the closing price and the order entry price. so my dividends were deducted. Luckily I closed quickly or my account would go negative. Then I called the support staff, Lam Nhat, and it couldn't be resolved. I had to regret losing money because the floor was dirty. From then on until January 30, 2024, I made a profit and principal transaction of $3621.19. I placed a withdrawal order of $3620.65 from 10:00 pm on January 30, 2024, until February 2, 2024 I still have not received the money back to my account. After talking with support person Lam Nhat, he told me to call the floor to ask. Then someone called me at: 0598400723 and said that the withdrawal transaction was slow due to going through some withdrawal gate and the fee was very high, up to 40%, so they told me to follow their method to withdraw without any fees. This person told me to buy and sell 0.3 lots of COTTON code. After 15 minutes, these 2 orders will be cleared. I still didn't trust it so I didn't follow through and called the support hotline number: 1900252238 to verify if the floor staff was correct. The floor agent told me to check, then the next day they still didn't call back to confirm whether it was really someone from the floor or not. I called back the switchboard but couldn't get through. At that moment, the deposit and withdrawal support staff called me and urged me to enter 2 buy and sell orders of 0.3 lot code COTTON so they could help withdraw the money. Because I couldn't contact the operator to verify this employee, I had to accept the order as they said. After I entered the order, the status was negative $4,500, but now it's still hanging and I don't dare to cut it. After that, my support person told me that if you want to withdraw money, you have to deposit another $4,500 to balance the negative balance, then withdraw money. I found it very unreasonable and did not follow it.

Exposure

linh nguyen5337

linh nguyen5337

Unverified

Vietnam

I am Nguyen Van Linh. I started participating in FXMILL on January 6, 2024, through my friend MAI TRANG -Andy. I deposited 3 times for a total of 9.6k USD. After a period of trading. Maybe I'm not lucky. Now I still have 3.4k. I want to withdraw 3k, but it is not approved. January 26, 2024. January 30, 2024. Now when I call, no one answers or supports me. Only when people refer to complain, someone will listen. Now I don't know to find whom to ask. LOOKING FOR SUPPORT. MY ID. 24003

Exposure

HJBNM

HJBNM

Unverified

Nigeria

Professional and honest broker! never have a problem with withdraw funds, support team is excellent as well!, the only concern ther spreads could little bit lower,and ofcourse should be always upgreat the security level against DDoS Attacks! it should always priority! overall you can trust this broker!!

Positive

Positive

hdafdv

hdafdv

Unverified

Malaysia

Started trading with FXMills not too long ago and honestly, it's been pretty solid. The MT5 platform is slick and easy to get the hang of. Spreads could be better

Positive

Positive

5
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Official Website

Verified Site

  • fxmills.com
    82.180.174.32
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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FXMILLS

Related Companies

CÔNG TY TNHH FXMILLS
Saint Lucia
CÔNG TY TNHH FXMILLS
Active
Saint Lucia
Registration No. 0030429648
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

Note: FXMILLS' official website: https://www.fxmills.com is currently inaccessible normal.

FXMILLSReview Summary
Founded2023
Registered Country/RegionSaint Lucia
RegulationNot regulated
Market InstrumentsForex, commodities, indices, stocks, and cryptocurrencies
Demo Account
LeverageUp to 1:500
SpreadFrom 1.8 pips (Elite Account)
From 1.5 pips (Elite Plus account)
From 0.5 pips (VIP account)
Trading PlatformMT5
Min Deposit$100
Customer SupportContact form
Tel: +91 224 1703 098
Email: support@fxmills.com, info@fxmills.com
Registered Address: Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia P.O Box 838, Castries, Saint Lucia
Physical Address: Shop No 138, First Floor, Raghulela Mall, Behind Poisar Depot, Kandivali West, Mumbai-400067
Regional RestrictionsThe United States, Cuba, Iraq, Myanmar, North Korea, and Sudan

Founded in 2023, FXMILLS, a Saint Lucia-registered forex broker, offers various trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Besides, FXMILLS offers three account types: Elite, Elite Plus, and VIP, with minimum deposits $100. However, it is not regulated.

FXMILLS' homepage

Pros and Cons

Pros Cons
Various trading assetsNewly established
Demo accountsNot regulated
Multiple account typesUnclear payment methods
No commissionsRegional restrictions
Popular trading platform MT5

Is FXMILLS Legit?

No, FXMILLS is not regulated by any financial authorities. Traders should be cautious when trading.

No license

What Can I Trade on FXMILLS?

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on FXMILLS?

Account Type

FXMILLS offers three account types: Elite Account, Elite Plus Account, and VIP Account.

Account TypeMin Deposit
Elite $100
Elite Plus $500
VIP$10,000
Account comparison

Leverage

FXMILLS's leverage is up to 1:500 for all account types. High leverage always comes with high profits and high losses.

Spread and Commission

Account TypeSpreadCommission
Elite From 1.8 pips
Elite Plus From 1.5 pips
VIPFrom 0.5 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Web, Desktop, MobileExperienced traders
MT4/Beginners

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is it risky to trade with FXMILLS?

Yes, trading with FXMILLS carries significant risk. The broker is registered offshore in Saint Lucia and operates without oversight from any recognized financial authority. Its WikiFX Score of 1.38 out of 10 reflects a severe risk profile with minimal regulatory or business credibility.

04-02
United States

What licenses does FXMILLS hold?

FXMILLS does not hold any verified financial licenses from mainstream regulatory bodies. It operates as an unregulated entity.

04-02
United States

Is FXMILLS suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose FXMILLS or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with FXMILLS?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
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What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States
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User Comments5

All (5) Positive (2) Exposure (3)
FX2783203464
FX2783203464
6-10 years
Exposure
FXMILLS makes it difficult for customers to withdraw money
ID: 23596, FXmills floor, I was solicited by this group to join the exchange from January 8, 2024, with a capital of 2040$, to receive dividends from the stock code DEQ, but when dividends were distributed, the floor counted them. The closing price and the order entry price were wrong, so my dividends were deducted. Luckily I closed quickly or my account would go negative. Then I called the support staff, Lam Nhat, and it couldn't be resolved. I had to regret losing money because the floor was dirty. From then on until January 30, 2024, I made a profit and principal transaction of $3621.19. I placed a withdrawal order of $3620.65 from 10:00 pm on January 30, 2024, until February 2, 2024 I still have not received the money back to my account. After talking with support person Lam Nhat, he told me to call the floor to ask. Then someone called me at 0598400723 and said that the withdrawal transaction was slow due to going through some withdrawal gate and the fee was very high, up to 40%, so they told me to follow their method to withdraw without any fees. This person told me to buy and sell 0.3 lots of COTTON code. After 15 minutes, these 2 orders will be cleared. I still didn't trust it so I didn't follow through and called the support hotline number: 1900252238 to verify if the floor staff was correct. The floor agent told me to check, then the next day they still didn't call back to confirm whether it was someone from the floor or not. I called back the switchboard but couldn't get through. At that moment, the deposit and withdrawal support staff called me and urged me to enter 2 buy and sell orders of 0.3 lot code COTTON so they could help withdraw the money. Because I couldn't contact the operator to verify this employee, I had to accept the order as they said. After I entered the order, the status was negative $4,500, but now it's still hanging and I don't dare to cut it. After that, my support person told me that if I wanted to withdraw money, you have to deposit another $4,500 to balance the negative balance, and then withdraw the money. I found it very unreasonable and did not follow it. So I hope ADDMIN WiKIFX can help me get back the $3620 that FXMILLS deliberately did not let me withdraw. Thank you very much. Through this, I also hope that everyone will boycott these Scam floors and Scam teams, and then they will also receive retribution for stealing customers' dirty money.
Exposure
Exposure
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Exposure
Exposure
Exposure
Exposure
Exposure

Vietnam

FX2783203464
FX2783203464
6-10 years
Exposure
The exchange staff deliberately did not allow money to be withdrawn and caused difficulties.
I was solicited by this group to join the exchange from January 8, 2024 with a capital of $2,040, with the intention of receiving dividends from the stock code DEQ, but when the dividend was distributed, the exchange incorrectly calculated the closing price and the order entry price. so my dividends were deducted. Luckily I closed quickly or my account would go negative. Then I called the support staff, Lam Nhat, and it couldn't be resolved. I had to regret losing money because the floor was dirty. From then on until January 30, 2024, I made a profit and principal transaction of $3621.19. I placed a withdrawal order of $3620.65 from 10:00 pm on January 30, 2024, until February 2, 2024 I still have not received the money back to my account. After talking with support person Lam Nhat, he told me to call the floor to ask. Then someone called me at: 0598400723 and said that the withdrawal transaction was slow due to going through some withdrawal gate and the fee was very high, up to 40%, so they told me to follow their method to withdraw without any fees. This person told me to buy and sell 0.3 lots of COTTON code. After 15 minutes, these 2 orders will be cleared. I still didn't trust it so I didn't follow through and called the support hotline number: 1900252238 to verify if the floor staff was correct. The floor agent told me to check, then the next day they still didn't call back to confirm whether it was really someone from the floor or not. I called back the switchboard but couldn't get through. At that moment, the deposit and withdrawal support staff called me and urged me to enter 2 buy and sell orders of 0.3 lot code COTTON so they could help withdraw the money. Because I couldn't contact the operator to verify this employee, I had to accept the order as they said. After I entered the order, the status was negative $4,500, but now it's still hanging and I don't dare to cut it. After that, my support person told me that if you want to withdraw money, you have to deposit another $4,500 to balance the negative balance, then withdraw money. I found it very unreasonable and did not follow it.
Exposure
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Vietnam

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