Millonarium Review

About Millonarium

Millonarium (operating via the domain millonariumfx.com) is not regulated by any recognized financial authority. No regulatory license number is displayed on its website or in public records; there is no listing under major regulators such as FCA, ASIC, CySEC, or any credible national body—this clearly indicates it is an unlicensed broker providing forex/CFD services. ()

The broker claims to be based in Peru, yet Peru does not have an authority that issues forex or CFD licenses. Consequently, clients have no protection under law. Additionally, independent sources identify Millonarium as “Unregulated” and classify its operations as potentially unsafe, noting the site is offline, and warning it may be a scam. , ()

Millonarium FX advertises a wide range of instruments—including over 200 assets spanning forex, cryptocurrencies, CFDs, commodities, indices, and futures—traded via MetaTrader 4 and MetaTrader 5 platforms. Account types are said to include “Black” and “ECN,” with a minimum deposit of $50, variable spreads from 0.3 pips, and leverage claims up to 500:1. Accepted payment methods allegedly include Visa, MasterCard, American Express, Maestro, and Tether. , ()

Pros and cons

Pros

• Offers popular trading platforms MT4 and MT5.
• Advertises low minimum deposit ($50) and wide instrument range.

Cons

• No regulatory oversight by any recognized authority.
• Based in Peru, a jurisdiction without forex regulation, meaning no legal protection for clients.
• Site has been reported offline, raising operational reliability concerns.
• Claims of $50 min deposit, high leverage, and payment methods cannot be verified due to the lack of transparency and regulation.