Millennium Specialist: user reviews from different countries in an expert review
Millennium Specialist positions itself as a reliable European broker with competitive rates, a secure fund protection system, and transparent terms. Reviews about working with the company are contradictory, but our review will help you make the right decision regarding cooperation. We have delved deeper into who Millennium Specialist really is and whether this broker can be trusted.
Website analysis and legitimacy check
For Russian-speaking visitors, the official website is not accessible without a translator, which is inconvenient. It seems that Millennium Specialist is targeting users from EU countries, as reviews on foreign resources confirm this. According to information, the broker is registered in Cyprus, which explains the choice of audience. However, a check revealed the absence of the company in the Cyprus state register of legal entities.
Regulation of Millennium Specialist activities in the Russian Federation
To provide services in the Russian Federation, a foreign broker must be registered as a legal entity, obtain a registration certificate, and a license from the Central Bank. However, in the case of Millennium Specialist, such actions have not been taken, as a company with this name is not registered in Russia.
Trading offers from Millennium Specialist
The main target audience of the broker is inexperienced traders. However, attractive conditions, such as leverage from 1:200 to 1:400 and a low entry threshold, can be a trap for beginners. It should be noted that the company may manage trades, which poses risks for clients.
Reviews of traders deceived by Millennium Specialist
Despite the company’s short history, user reviews from different countries are negative. Complaints about delayed fund withdrawals and other fraudulent activities are common.
Money scam by Millennium Specialist creators
Reviews and reports highlight the primitive approach of scammers. Victims are usually lured through spam emails and then persuaded to invest. Scammers do not touch the minimum deposit, allowing them to deceive clients for large sums.
Review conclusions and expert evaluation of Millennium Specialist
Millennium Specialist is not a legitimate company but merely a tool for scammers to deceive traders. The organization is not registered in Russia, does not have a license from the Central Bank, indicating a lack of control and protection for clients. We strongly recommend refraining from cooperating with this company.
