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Milton Prime in Australia — review, licence and costs
Score (5 of 6 axes scored)
shown, not ranked: no cost
- Reviews25%70
- Safety20%0
- Payouts15%80
- Track record10%55
- Platforms10%65
Numbered by weight: axis 1 counts for most.
Key facts (5 facts)
- Onboarding entity
- Global offshore entity
- Founded
- 2015
- Retail leverage
- 500AU
- Currencies
- Not stated
- Swap-free account
- —
"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.
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 Australia residents
- Global offshore entity
- Local standing
- Offshore broker
- Licence as the register states it
- No AU license shown
- Leverage for this entity
- Up to 1:500
- The firm behind it
- Milton Global Ltd parent
- What we hold against it
- Offshore, unverified regulation
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Australian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore broker
- 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: Real, Demo. 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 Australia base(76 brokers)
Round-turn cost, USD (73 of 76 priced)
Median 6 USD · range 1.5-20 · 3 of 76 brokers do not publish it
Minimum deposit, USD (7 of 76 priced)
Median 15 USD · range 0-100 · this broker 300 USD · 69 of 76 brokers do not publish it
Retail leverage (42 of 76 with a Australia figure)
Median 1:115 · range 30-5000 · this broker 1:500 · 34 of 76 brokers do not publish it
Withdrawal time published (76 brokers)
Payouts(2 methods)
| Method | Deposit, h | Fee, USD | Min, USD |
|---|---|---|---|
| Bank transfer | 24 | 0 | 50 |
| E-wallets | 24 | 0 | 50 |
Deposit and withdrawal methods (2 methods · 0 local rails)
Bank transfer and e-wallets
- Bank transfer
- E-wallets
- Account currency
- Not stated
- Fee declared
- 2 of 2 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 | 500AU |
| MT5 | 500AU |
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.4 | 5, 1,057 |
Share of reviewers in Australia: — The platform does not publish it.
Pros and cons(2 for and 5 against, each tied to a figure on this page)
- Withdrawal in 24 h, one of 74 of 76 brokers here that publish a time
- Payouts 80 of 100, its strongest of 5 scored axes
- Round-turn cost not priced: the pair of spread and commission is not published
- No Australia authorisation on file: the entity that onboards you is licensed elsewhere
- Min deposit 300 USD, over the Australia 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 Australia(5 of 76 scored in Australia)
- Round turn, USD
- 6AU
- Leverage
- 500AU
- Rank in this country
- #9
- Round turn, USD
- 7AU
- Min deposit, USD
- 200 groupAU
- Leverage
- 30AU
- Rank in this country
- #2
- Round turn, USD
- 7AU
- Min deposit, USD
- 0AU
- Leverage
- 500AU
- Rank in this country
- #5
- Round turn, USD
- 7AU
- Min deposit, USD
- 100AU
- Leverage
- 30AU
- Rank in this country
- #11
- Round turn, USD
- 4.8AU
- Min deposit, USD
- 0AU
- Leverage
- 30AU
- Rank in this country
- #1
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 Australia 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 | 80 |
| 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 | 65 |
FAQ
- Does Milton Prime accept residents of Australia?
- No. Offshore broker Onboarding entity: Global offshore entity
- Is Milton Prime licensed to serve clients in Australia?
- No AU license shown Checked on 11.10.2026.
- What leverage does Milton Prime offer to retail clients in Australia?
- Up to 1:500. leverageGeo: Up to 1:500
- Which trading platforms does Milton Prime support?
- MT4, MT5. Instruments: Forex and CFDs
- How can I withdraw money from Milton Prime in Australia?
- Bank transfer and e-wallets
- What account types does Milton Prime offer?
- Real and Demo
Taxes for an Australian resident(1 rule)
- Forex/CFD trading gains are not subject to a special standalone tax regime in the cited sources;https://miltonprime.com/en/company/
Not tax advice. Check with the ATO.