Millennium International Financial Ltd. specializes in Forex and Bullion ,both FULL ELECTRONIC , trade directly on live tradable prices from Sunday 23.30 to Friday 21.00 GMT
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Forex Trading
Trading Forex allow you to short sell as easily as taking a long position and support all the Limit and Stop order types to control your positions. You may chose your own leverage from 500:1 up to 50:1.
Leveraging
Leverage movements in forex market by up to 200 times with our low margin requirements.
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Millennium Trader 4 Offers 30 day simulated trading on a simulated account.
- Expert Advisor
- Licensed News from Dow Jones Newswires
- Instant Execution
- Internal e-mail system
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Instant Execution
Instant Execution is the technology of orders execution, major currency trades can be autoexecuted for amounts below the autoexecution limit. Autoexecuted trades are automatically accepted without intervention from the bank.
Spread
Our spreads are used in normal market conditions.In periods of volatile markets, the spread may be increased and autoexecution disabled. Click Here to see list of our spread
Swap Rates
Spot Forex positions held at the end of the business day before their Value Date will be rolled over to a new Value Date on a Tom/Next basis. As part of the rollover, positions are subject to a swap charge.
Margin Condition
Forex is traded on margin enabling you to leverage a small margin deposit for a much greater market effect where:
- Maintenance Margin are always 100:1 for Regular Accounts and 200:1 for Mini Accounts
- Weekend Margin are applicable only to Mini Accounts, where Maintenance Margin of the investment will be changed from 200:1 to 100:1
There is NO Maintenance Margin during the week; however, the margin level must be respected by Friday at 21:00 GMT and before holidays. Accounts that fail to meet the required margin levels at the above mentioned hours, must close all or part of their open positions, open a hedge position or deposit more money.
Ticket Fees for Mini Accounts
Forex Transactions on Mini is applicable to a small ticket fee of 50 USD to cover the administration costs.
Types Of Order
The trading platform provides sophisticated order entry and tracking of market orders, entry orders, stop/limit entry orders, and stop-loss orders. All of the above orders are Good Until Cancelled (GTC), which is valid until the order is executed or cancelled. Click here to learn more about the different types of orders.
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If you have any questions about trading with Millennium, please contact:
Online Sales
Email: info@mifcorps.com
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