Review summary
MilliyFX Global Ltd operates as a retail forex and CFD broker, having been active in the market for between two and five years. The firm is registered in Saint Lucia, a jurisdiction known for its offshore financial services sector. Critically, this entity holds no valid, recognized forex trading licenses from authoritative financial regulators such as the FCA, ASIC, or CySEC, classifying it as a high-risk, unregulated entity. Its regulatory profile shows a complete absence of formal oversight, which means client funds are not protected under any compensation scheme and the broker operates outside the rules of major regulatory jurisdictions. The WikiFX overall risk score for MilliyFX stands at 1.37, reflecting its unregulated status and the severe risks associated with it. Potential traders should be aware that engaging with an unregulated entity carries significant risks regarding fund security and dispute resolution. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-19)
