Recalculated 2026-11-02 · Established 2015 · Milton Global Ltd
Milton Prime — South Africa
Milton Prime is rated 2.68 out of 5 by our formula (scored, but outside the ranking) for traders in South Africa: round turn not priced, residents accepted — Through an offshore entity.
Suits you if withdrawals clear in about 1 hours · a swap-free account is available · it has been trading for 11 years
Look elsewhere if the minimum is 300 USD against 50 USD in this market · it holds no licence issued in South Africa · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- Milton Global Ltd
- Licence number
- not stated
- Established
- 2015group
- Min deposit, USD
- 300 USDgroup
- Platforms
- MT4 · MT5
- Local funding
- No ZAR rails; USDT (default), bank wire, cards,
- Max leverage
- 500geo
- EURUSD
- —
Accounts (1)
1 of 1 accounts with a published cost per lot
1 of 1 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| Milton PrimePRIME RAW | 1000 | — | 7per standard lot | 7round turn, USD | — |
This broker against the South Africa middle (81 of 104)
| Milton Prime | South Africa median | |
|---|---|---|
| Round turn, USD | — | 7.0 USD |
| Min deposit, USD | 300 USDgroup | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 1.0 hgroup | 24.0 h |
| EURUSD, standard | — | 1.0 pips |
| EURUSD, raw | variable pipsgroup | 0.0 pips |
| Established | 2015group | 2009.0 |
| Platforms | 2 | 3.0 |
Onboards residents through an offshore entity
Offshore only; not FSCA-regulated. No local ODP protection.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Milton Prime.
- Who actually onboards you
- Milton Global Ltd
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (5/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:31.2% × 3.50+ 25.0% × 0.00+ 18.7% × 4.96+ 12.5% × 2.75+ 12.5% × 2.50= 2.68
Shown, not ranked: no round-turn price
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Milton Global Ltd
Offshore entity
Served via offshore Seychelles entity (Milton Global Ltd); IB-driven onboarding.
What each account gives you
Single tiered account, deposit-scaled benefits; MT4/MT5.
Cost per round turn, and the South Africa middle (81 of 104)
Client-money protections
USDT-first; min deposit ~USD 300.
What the broker publishes about payouts
Trading software and asset classes (2)
MT4 · MT5
FX, indices, commodities, crypto CFDs, shares.
Reviews
4.4 out of 5
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at 1.0 hours
Cons (2)
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
Where it does not serve
United States
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (4)
4 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2miltonprime.commiltonprime.com · domainBroker
- Aggregators and directories
- 3wikifx.comwikifx.com · domainAggregator
- 4earnforex.comearnforex.com · domainAggregator
FAQ (4)
Does Milton Prime accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Milton Prime?
Milton Global Ltd
What licence does Milton Prime hold for South Africa?
No licence number is published for this country.
How long does a withdrawal from Milton Prime take?
Milton Prime publishes 1.0 hours. Their own wording: “USDT withdrawals complete within 1 hour, bank wires within 3 business days.”.