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Millbank FX
United Kingdom|5-10 years| Regulated in United Kingdom|Payment License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|
https://millbankfx.com
Website
Rating Index
Contact
+44 0203 889 8840
https://millbankfx.com
Level 2 46 Gresham Street London EC2V 7AYE C 2 V 7 A Y UNITED KINGDOM
https://twitter.com/millbankfx
Licenses
Licensed Institution：MILLBANK FX LIMITED
License No.：787366
VPS Standard
No restriction on the broker account
Single Core
1G
40G
1M*ADSL
Open
WikiFX Risk Alerts
2025-01-09
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
2
Basic information
Registered region United Kingdom
United KingdomOperating period
5-10 years
Company Name
MILLBANK FX LIMITED
Abbreviation
Millbank FX
Company employee
--
Contact number
004402038898840
Company website
Company address
Level 2 46 Gresham Street London EC2V 7AYE C 2 V 7 A Y UNITED KINGDOM
Website
Company Summary
Review
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Official website
Website
millbankfx.com
Server Location
United Kingdom
Website Domain Name
millbankfx.com
Server IP
77.72.0.158
Company Summary
| Millbank FX Review Summary | |
| Founded | 2016 |
| Registered Country/Region | United Kindom |
| Regulation | Exceeded(FCA) |
| Services | FX Risk Management, International Payments, Multi-Currency Accounts, FX Market Analysis, Institutional FX Rates |
| Demo Account | ❌ |
| Exchange rates | Institutional-grade rates(1.2003 for GBP to EUR conversions) |
| Customer Support | Email: support@millbankfx.com, |
| Phone: +44 (0) 203 889 8840 | |
| 24/7 live chat: yes | |
| Physical Address: 46 Gresham Street, London, EC2V 7AY | |
Millbank FX Information
Payment institution Millbank FX provides customised FX solutions to companies all around the world. The business offers international payments, institutional FX rate access, and currency risk management. Having knowledge in 22 different fields, Millbank FX handles over 80 currencies and makes payments to 120+ countries, guaranteeing safe and reasonably priced transactions for businesses all around.
Pros and Cons
| Pros | Cons |
| Access to 80+ currencies in 120+ countries | No demo account available for practice |
| 2 accounts for corporate and private clients | Exceeded license |
| Receive payments in 38 currencies |
Is Millbank Legit or not?
Millbank has an exceeded license provided by FCA.
| Regulatory Agency | Financial Conduct Authority (FCA) |
| Current Status | Exceeded |
| License Type | Payment License |
| Regulated By | United Kingdom |
| License No. | 787366 |
| Licensed Institution | MILLBANK FX LIMITED |
| Effective Date | 2018/2/8 |
What Service Does Millbank FX Provide?
Emphasizing currency management and foreign payments, Millbank FX specializes in services catered to companies and individuals.
| Service Type | Supported |
| Currency Risk Management | ✔ |
| International Payments | ✔ |
| Multi-Currency Accounts | ✔ |
| FX Market Analysis | ✔ |
| Institutional FX Rates | ✔ |
| Market Orders & Stop Losses | ✔ |
- Currency Risk Management: offers specifically designed hedging techniques to reduce volatility in exchange rates and safeguard profit margins.
- International Payments: provides priced worldwide transactions in more than 80 currencies spread across more than 120 countries.
- Multi-Currency Account: provides centralized solutions for handling of 38 currencies, therefore lightening administrative tasks.
- Institutional FX Rates: gives wholesale FX rates access, reducing transaction costs for either regular or high-value transactions.
- Market Orders & Stop Losses: provides some insurance against negative market fluctuations and targets aimed at particular currency rates.
- FX Market Analysis: Provides real-time insights and thorough data to back up decisions.
Account Types
Millbank FX offers two types of accounts: corporate and private.
| Corporate | Designed for businesses requiring high-volume FX transactions |
| Private | Tailored for individual clients managing personal FX needs |
Millbank FX Fees
With institutional-grade exchange rates, including 1.2003 for GBP to EUR conversions, Millbank FX generates a recipient amount of €600,150 for £500,000.
| Fee Type | Details |
| Exchange Rate | Example: 1.2003 (GBP to EUR conversion) |
| Recipient Gets | €600,150 for £500,000 |
Keywords
- 5-10 years
- Regulated in United Kingdom
- Payment License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
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