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Milton Prime in India — review, licence and costs
Score (5 of 6 axes scored)
shown, not ranked: no cost
- Reviews25%70
- Safety20%0
- Payouts15%99.2
- Track record10%55
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts
Licence check
Open an account with Milton PrimeThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards India residents
- India listed as a restricted/ineligible jurisdiction in Milton Prime terms.
- Local standing
- Not served/restricted; offshore, not SEBI-regulated.
- Licence as the register states it
- No SEBI/RBI authorization; offshore FX/CFD to residents not permitted under FEMA.
- Leverage for this entity
- N/A - India restricted.
- The firm behind it
- Brand of Milton Global Ltd (Seychelles); founded ~2015; historic CySEC 248/14; Milton Markets sister brand under Vanuatu VFSC.
- What we hold against it
- WikiFX 5.0/10; 09.07.2026 unverified NZ FSPR 341966 alert; cloned-licence and slippage complaints.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Client protection
- Local entity onboards youNot served/restricted; offshore, not SEBI-regulated.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Accounts
Account types the broker names for this country: N/A - India restricted (global: single tiered account, MT4/MT5). The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Milton Prime sits in the India base(90 brokers)
Round-turn cost, USD (65 of 90 priced)
Median 7 USD · range 2-18 · 25 of 90 brokers do not publish it
Minimum deposit, USD (16 of 90 priced)
Median 15 USD · range 0-1000 · this broker 1000 USD · 74 of 90 brokers do not publish it
Retail leverage (49 of 90 with a India figure)
Median 1:500 · range 20-5000 · this broker 1:500 · 41 of 90 brokers do not publish it
Withdrawal time published (90 brokers)
Deposit and withdrawal methods (1 methods · 0 local rails)
N/A - no INR rails;
- Account currency
- No INR; USD/EUR/JPY globally.
- Fee declared
- 0 of 0 methods
- Withdrawal back to
- the funding method
Where it does not serve(1 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(2 platforms)
- MT4
- MT5
| Class | Leverage |
|---|---|
| MT4 | 500IN |
| MT5 | 500IN |
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.4 | 5, 1,057 |
Share of reviewers in India: — The platform does not publish it.
Pros and cons(2 for and 6 against, each tied to a figure on this page)
- Withdrawal in 1 h, one of 74 of 90 brokers here that publish a time
- Payouts 99 of 100, its strongest of 5 scored axes
- Round-turn cost not priced: the pair of spread and commission is not published
- No India authorisation on file: the entity that onboards you is licensed elsewhere
- A regulator warning is on file against this broker
- Min deposit 1000 USD, over the India median 15
- Safety 0 of 100, its weakest of 5 scored axes
- Not scored on round-turn cost: the broker publishes no figure we could read
Alternatives in India(6 of 90 scored in India)
- Round turn, USD
- 16IN
- Min deposit, USD
- 1000IN
- Leverage
- 100IN
- Rank in this country
- #25
- Round turn, USD
- 10IN
- Min deposit, USD
- 15 groupIN
- Leverage
- 500 group
- Rank in this country
- #61
- Round turn, USD
- 4.5IN
- Min deposit, USD
- 0IN
- Leverage
- 500IN
- Rank in this country
- #3
- Round turn, USD
- 6IN
- Min deposit, USD
- 0 groupIN
- Leverage
- 2000IN
- Rank in this country
- #8
- Round turn, USD
- 6IN
- Min deposit, USD
- 10IN
- Leverage
- 3000IN
- Rank in this country
- #11
- Round turn, USD
- 4IN
- Rank in this country
- #4
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a India score. Full methodology
| Axis | Weight | What is measured | Milton Prime |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 70 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | — |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 99 |
| Track record | 10% | Years since the firm was founded, from its own filings | 55 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Milton Prime accept residents of India?
- No. Not served/restricted; offshore, not SEBI-regulated. Onboarding entity: India listed as a restricted/ineligible jurisdiction in Milton Prime terms.
- Is Milton Prime licensed to serve clients in India?
- No SEBI/RBI authorization; offshore FX/CFD to residents not permitted under FEMA. Checked on 09.07.2026.
- What leverage does Milton Prime offer to retail clients in India?
- Up to 1:500. Designed For Traders who want to know exactly what they pay per lot Traders who want evidence when a fill doesn't add up Traders who prefer fixed conditions over promotions Not For $5 accounts with 1:
- Which trading platforms does Milton Prime support?
- MT4, MT5. Instruments: FX, indices, commodities, crypto CFDs, shares (globally).
- How can I withdraw money from Milton Prime in India?
- N/A - no INR rails; India restricted. Typical withdrawal time: 1.0 hours.
- What account types does Milton Prime offer?
- N/A - India restricted (global: single tiered account, MT4/MT5).