This article explains how to open a free account for MILTON MARKETS trading, the identity verification procedure, commissions, leverage, spreads, and bonuses. It is a broker with particularly narrow spreads among overseas FX companies, so it is highly recommended for scalping trades and short-term traders. Opening an account takes just a few minutes, so let’s do it.
- MiltonMarkets Company Information and Safety
- Documents required to open an account at MiltonMarkets
- How to open an account and verify your identity at MiltonMarkets
- How to open a trading account
- How to get account opening bonus
- How to download and install MT4
- Points to note and frequently asked questions
- Can I open an MT5 account?
- Is it prohibited to register multiple accounts?
- How long does it take?
- Can I start trading without verifying my identity?
- Will there be an account maintenance fee?
- Can I open a corporate account?
- Is there a cost to open an account?
- Are there any prohibited transactions?
- How do I open an ELITE account?
- Related
MiltonMarkets Company Information and Safety
Below is a summary of Milton Markets’ company information, safety, and reliability, based on both official information, third-party reviews, and risk assessments. 👇
🏢 Company Information – Basic Data
Milton Markets Ltd. operates as follows:
Trade Name: Milton Markets Ltd. (providing services under the name Milton Markets)
Registered: Registered as an International Business Company (IBC) in Saint Lucia (Registration Number 2023-00166)
Management Group: Claims to operate as part of the Milton Global brand (Official Website)
Established: Claims to have been in operation since around 2016 (Official Website)
Trading Instruments: Supports a wide range of trading instruments, including FX, stock indices, commodities, stocks, and cryptocurrencies
Platform: MetaTrader Providing globally standard tools such as 4/5
Officially, the company touts its operating policies as “segregated management, high-speed execution, and transparent NDD execution.”
⚖️ Current Status of Regulations and Licensing
✔️ Official Position
Milton Markets’ official information states the following:
Milton Markets Ltd. itself is registered in Saint Lucia, but does not hold a financial business license (it is only registered as an IBC).
It states that its group subsidiary, Milton Global Ltd., is licensed by the Seychelles Financial Services Authority (FSA) (see the official website FAQ, etc.).
While the official website claims to “comply with the same standards as an FSA license,” it clearly states that Milton Markets Ltd. itself does not have a direct license.
⚠️ Safety and Reliability Assessment
📌 Characteristics of an Overseas Broker (General)
Brokers registered only offshore, such as Saint Lucia and the Seychelles, do not offer the same rigorous protections as major financial regulatory agencies such as the UK (FCA) and Australia (ASIC).
This means that investor compensation systems (e.g., financial ADR and compensation funds) typically do not apply to them.
❗ Ratings (Warning) from Some Third-Party Sites and Reviews
Several third-party review sites have pointed out the following risks:
Milton Markets is only registered as a company in Saint Lucia and lacks a full financial license, raising concerns about its safety.
Although the official website references the FSA licenses of other group companies, there has been criticism that the connection is unclear.
Some users have expressed concerns about customer withdrawal and deposit processing and transparency (opinions vary depending on the source).
These reviews are based on opinions from third-party sites and user reviews and are not official views, but they are useful as a safety assessment.
📊 Investor Protection and Risks
Important points to note regarding all overseas FX brokers:
Milton Markets is not registered or licensed by the Financial Services Agency (FSA) of Japan.
It is highly likely that it will not be subject to Japan’s domestic compensation systems or financial ADR.
Even overseas brokers that advertise the safety of investment funds through “segregated management” have significantly different regulatory strictness depending on the country. It’s important to check whether the regulations in place are highly strict in terms of consumer protection and investigative capabilities (e.g., FCA or ASIC).
Documents required to open an account at MiltonMarkets
You can open an account with MiltonMarkets right away, but you will need the following documents. After submission, the management staff will conduct a visual check. Please note that your account cannot be activated unless both checks are completed.
Identity verification documents
Your identity verification document must include your photo, name, date of birth, and expiration date.
- driver’s license
- Residence card
- My number card
- passport
Address confirmation document
Valid address verification documents are required: It must be a document that can confirm the person’s name and address.
- Payment statement for utility charges (electricity/water/gas)
- Resident record
- Health insurance card
- Mobile phone and internet payment statements
- credit card transaction details
How to open an account and verify your identity at MiltonMarkets
We will explain how to open an account and verify your identity at MiltonMarkets. Please refer to the information below. You can open a business safely and without any risks. You can invest and trade products with high leverage such as currency pairs and CFDs on your own. Please note that investing involves risks and you may lose your funds.
How to open an account
To open an account, first access the official website page from the link below and open the form.
First, go to the official website, and you can switch the language from the top right corner, so let’s select Japaneseized English. Then click the account opening button.
Source : https://miltonmarkets.com/
Enter each content. Please refer to the image below when entering your information. Finally, check the agreement, check, and press the registration button.
Source : https://miltonmarkets.com/
| Account type | Choose from a personal account or a corporate account. |
| Surname | Enter the name in Roman letters. |
| given name | Enter your last name in Roman letters. |
| Country of Residence | Select your current address and country of residence. |
| Enter a valid email address. | |
| telephone number | Select the country code and registered phone number. |
| date of birth | Select your date of birth. |
Check your verification email. You will receive an email from MILTON MARKETS confirming your email address. Click the “Approve email address” button. The account will now be opened. Please check the email you receive after submitting the account opening form for the email address and password required to log in.
Source : https://miltonmarkets.com/
Identity verification procedure
Next, submit the required documents. Submit your identity verification documents and required information from “Profile” on the left side of the My Page screen.
Source : https://miltonmarkets.com/
Submit your identity verification documents. Select the identity verification document from “+Submit” and upload the document. Once you have submitted the required information, account opening is complete. The staff will visually check your application until the review is complete, so please be patient as it may take at least several minutes, or even a few days.
How to open a trading account
Once you have submitted your identity verification documents and received approval, you will be able to start trading. The flow of opening a trading account is as follows. You can open one from the button at the top of the menu on the home page of My Page.
Source : https://miltonmarkets.com/
Select your account type. The opening is completed by selecting leverage and base currency. You will also receive an email “Notification of completion of trading account opening” to the registered email address. It contains your account login ID (account number) and password, so be sure not to lose them.
Source : https://miltonmarkets.com/
| FLEX | SMART | ELITE | |
| Transaction form | NDD | NDD | NDD |
| maximum leverage | 500 | 1,000 | 200 |
| financial products | Foreign exchange precious metal energy stock stock index virtual currency | Foreign exchange precious metal energy stock stock index virtual currency | Foreign exchange precious metal energy stock stock index virtual currency |
| transaction fees | Free | Free | Free |
| average spread | 1.7pips~ | 1.0pips~ | 0.8pips〜 |
| lot unit | 100,000 currency | 100,000 currency | 100,000 currency |
| Minimum trading quantity | 0.01lot | 0.01lot | 0.01lot |
| Maximum trading quantity | 50lot | 50lot | 50lot |
| Maximum number of positions | 100 | 100 | 100 |
| stop level | 0.0pips | 0.0pips | 0.0pips |
| scalping | 〇 | 〇 | 〇 |
| automatic trading | 〇 | 〇 | 〇 |
| both houses | 〇 | 〇 | 〇 |
| margin call | 50％ | 100％ | 50％ |
| loss cut | 20％ | 50％ | 20％ |
| trade tools | MT4 | MT4 | MT4 |
| base currency | JPY USD EUR | JPY USD EUR | JPY USD EUR |
| Minimum deposit amount | 10000 | 30000 | 10000 |
| campaign | 〇 | 〇 | × |
1️⃣ Log in and go to My Page
Access the Milton Markets official website
“Log in” → Enter My Page with an existing account
2️⃣ Select “Add Account”
The “Add Account” button is often located on the dashboard of your My Page.
You can select the type of additional account from here.
3️⃣ Select the type of additional account
Milton Markets has different account types with different features:
Account Type Features Minimum Deposit
FLEX Standard account, small amounts available (¥10,000 and up)
SMART Low fees, medium spreads (¥10,000 and up)
ELITE For professionals, narrowest spreads (¥100,000 and up)
💡 Points
Additional accounts must also be in your name.
Convenient if you want to use different trading strategies across multiple accounts.
4️⃣ Enter account information
Select the currency of your additional account (JPY/USD/EUR, etc.)
Set account leverage
Account nickname (optional)
💡 Note
Account type and currency may not be changed later.
5️⃣ Confirm/Create Account
Check the entered information
An additional account is often created immediately when you click the “Create” button.
Account number and server information will be displayed on your My Page.
6️⃣ Log in to an Additional Account in MT4/MT5
You can connect an additional account to an existing MT4/MT5.
“File” → “Log in to Account” → Enter the additional account number and password.
Be sure to enter the server information correctly.
💡 Tip
Switch between multiple accounts on a single MT4/MT5.
Charts and order history are also separate for each account.
7️⃣ Deposit/Start Trading
A separate deposit is required for additional accounts.
Check the official website to see if the bonus applies to additional accounts.
How to get account opening bonus
At MILTON MARKETS, you can receive an account opening bonus. There are account opening bonuses and profit withdrawal conditions. If you meet these conditions, you will be able to withdraw the account opening bonus itself, which is rare for overseas FX companies. To receive the account opening bonus, select and open either a “FLEX account” or a “SMART account” and the 5,000 yen account opening bonus will be automatically reflected.
| Account opening bonus | 5,000 yen worth |
| Receiving conditions | Account opening + identity verification |
| Target account type | FLEX account/SMART account |
| Bonus expiration date | It will be canceled if there is no deposit of 30,000 yen or more within 30 days. |
| Bonus withdrawal | 30,000 yen within 30 days Trade 10 or more lots of major and minor currency pairs within 90 days after deposit |
1️⃣ Bonus Eligibility
Users who open a new trading account with Milton Markets are eligible.
Bonus cannot be received with demo accounts.
Bonus conditions may vary depending on the account type (e.g., FLEX account, SMART account, etc.).
2️⃣ Bonus Receipt Procedure
Step 1: Open an Account
Click “Open an Account” on the Milton Markets official website.
Enter required information (name, email, phone number, country of residence, etc.).
Complete email verification.
Step 2: Verify Your Identity (KYC)
Upload identification documents such as a passport or driver’s license.
Submit address verification documents (e.g., utility bill).
Once approved by Milton Markets, your real account will be activated.
Step 3: Claim your Bonus
In most cases, the bonus will be automatically granted upon account opening.
If it is not automatically granted, contact your My Page or support team and request an account opening bonus.
Step 4: Bonus Application
Bonuses are often granted without a deposit.
You can check your bonus balance or bonus history on your My Page.
Bonuses may have withdrawal conditions (such as trading volume and lot size), so please check them carefully.
3️⃣ Bonus Notes
Check the Withdrawal Conditions
The bonus itself is not cash and can be used as trading margin.
Only profits earned from trading using the bonus can be withdrawn once the conditions are met.
Account Type Restrictions
Some account types (e.g., ELITE accounts) are not eligible for bonuses.
It is important to check the official website before opening an account.
Only one account per person is valid.
Duplicate bonuses cannot be received on multiple accounts.
Bonus Deadline
If the account opening procedure is not completed within a certain period of time, the bonus may be invalid.
How to download and install MT4
You can easily download and install MT4 from the official website. It is mainly done on Windows desktop, but it is also possible on smartphones such as Android and iOS. You can trade with high leverage even on your smartphone.
1️⃣ Download Method
Get from the Official Website
Log in to Milton Markets and access your account page.
Select “MT4” from the top menu or “Platform” > “MT4.”
Click the download button appropriate for your operating system.
Windows Version
Mac Version
Android / iOS Version (for smartphones and tablets)
Save the downloaded file (e.g., MT4Setup.exe).
💡 Caution
Milton Markets’ dedicated MT4 may have preset server information associated with your account.
Downloading from unofficial sources poses security risks.
2️⃣ Windows Installation Instructions
Double-click the downloaded MT4Setup.exe
The “Setup Wizard” will open → Click “Next”
Confirm the installation folder (use “Browse” to change it)
Click “Install”
After the installation is complete, click “Finish”
💡 Tip
It’s convenient to create a shortcut on your desktop.
Administrator privileges may be required.
3️⃣ Mac Installation Instructions
Download the official Milton Markets MT4 .dmg file
Open the downloaded file and drag the MT4 icon to the “Applications” folder.
If a security warning appears upon initial startup, go to System Preferences → Security & Privacy → Select “Open.”
💡 Tip
Some functionality may be limited on Mac compared to the Windows version (be aware of indicator and EA compatibility).
4️⃣ MT4 Initial Launch and Account Connection
When you launch MT4, the “Log in to your trading account” screen will appear.
Milton Enter the account number, password, and server information received from Milton Markets.
Click “Login.”
“Connecting…” will appear in the lower right corner. If there are no problems, the server connection is complete.
The chart and trading panel will appear, and you can begin trading.
💡 Important Notes
For demo accounts, the server connection may be automatic.
Do not share your MT4 login information with third parties.
5️⃣ Mobile (Android/iOS) Version
Search for “MetaTrader 4” in the App Store or Google Play.
Log in with your Milton Markets account information.
You can view charts, orders, and history.
💡 Tips
Some indicator and EA features are limited in the mobile version.
Convenient for checking your trading status on the go.
✅ Summary
Download only from the official website.
Compatible with Windows, Mac, and smartphones.
You must enter your account number and server information the first time.
MT4 is free to use; trading fees are subject to Milton Markets regulations.
Points to note and frequently asked questions
We have compiled a list of precautions and frequently asked questions for your reference. Please refer to this when a new trader opens a business. The maximum leverage is 1000x, allowing you to trade with confidence in the market even with small amounts. It’s not difficult to use and set up the environment, so even those with no experience can do it right away.
Can I open an MT5 account?
MiltonMarkets’ platform currently only supports MT4, and it is not possible to open an MT5 account. MT4 is a very useful tool as it also allows automatic trading (EA). You can trade using your smartphone or PC.
Is it prohibited to register multiple accounts?
Registration of multiple accounts is prohibited. Only one account can be created per person. However, the system allows you to create multiple accounts within one account.
How long does it take?
Opening an account takes 1 minute to fill out the form, 5 minutes to upload the required documents, and up to 24 hours to verify your profile. Customers can feel very secure as zero cuts are also adopted.
Can I start trading without verifying my identity?
You cannot start trading on Milton without identity verification. It is mandatory to submit ID and address verification documents. In some cases, such as North Korea and Canada, registration is limited and prohibited in these countries. Partners must be 18 years of age or older. Beginners should understand the details of the service.
Will there be an account maintenance fee?
If there are no transactions for 60 days or more, the account will become dormant, and this dormant account will incur a monthly account maintenance fee of $30, €30, or ¥3,000, depending on the base currency.
Can I open a corporate account?
You can open a corporate account. The steps can be performed as explained above. You can also open a demo account.
Is there a cost to open an account?
There is no cost to open an account with MiltonMarkets. Investors can easily trade by depositing funds from the operator and placing orders with margin as collateral. It is also easy to challenge. If you have basic knowledge, you will be able to trade using a proper method. There is no legal guarantee of principal, but it is possible to receive a bonus.
Are there any prohibited transactions?
Use by anyone other than the account holder, use of one account by multiple people, hedging transactions between multiple accounts, transactions that abuse leverage, bonuses, etc., transactions aimed at closing/opening windows or announcing economic indicators are prohibited. It has been. Scalping trades, double trading, and automated trading (EA) are available.
How do I open an ELITE account?
To open an ELITE account, first create a SMART account. After that, you can use it by depositing funds, increasing your balance, and then contacting support and saying “I would like to upgrade my account.” This is determined by the partnership regulations. The system is the same, and documents must be submitted, including photo ID. You can trade on the market using a web browser or a Mac.
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