Score

1.36 /10
Danger

MMC

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.82

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Matsuda Markets Capital Management Ltd

Company Abbreviation

MMC

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

MMC · Company summary

Note: MMC's official website: https://www.matsudamarkets.com/en/index.html is currently inaccessible normally.

MMC Review Summary
Years of Establishment2-5 years
Registered Country/RegionUnited Kingdom
RegulationNo regulation
InstrumentsCurrency Pairs, Forex options, Precious Metals
Account TypesStandard, Premium, Prime
Minimum Deposit$1,000
Maximum Leverage1:100
Spreads1.1 pips on the EURUSD ( Prime account)
Trading PlatformsMobile App
Deposit/WithdrawalCredit/debit cards, bank wire, Skrill, Neteller
Customer SupportPhone: +44 7508668954
Email: services@MMC.com
Physical Address: FLAT32 ADVENTURES COURT 12 NEWPORT AVENUE LONDON, UNITED KINGDOM E14 2DN.

MMC Information

Matsuda Markets Capital Management Ltd(short for MMC), is a brokerage registered in the United Kingdom. The trading instruments it provides cover Currency Pairs, Forex Options, Precious Metals. It is unregulated.

Pros and Cons

ProsCons
Diverse range of trading productsOfficial website inaccessible
Multiple payment methodsUnregulated
Multiple account types offeredHigh min deposit
Low spreadsNo MT4 supporetd

Is MMC Legit?

It is clear that MMC is currently unregulated.

What Can I Trade on MMC?

MMC offers traders currency pairs, forex options, precious metals to trade.

Tradable InstrumentsSupported
Forex options
Currency pairs
Precious metals
Stocks
ETFs
CFD
Cryptocurrencies
Bonds
Indices
Futures

Account Types

MMC offers traders three different types of trading accounts - Standard Account, Premium Account, Prime Account.

Account TypeStandard AccountPremium AccountPrime Account
Minimum Deposit$1000$10000$50000
Suitable ForStarterExperiencedProfessional

MMC Fees

The spreads and commissions at MMC vary based on the chosen trading account. For instance, the EUR/USD pair exhibits spreads starting from 1.7 pips on the Standard account, 1.4 pips on the Premium account, and 1.1 pips on the Prime account. Spreads denote the difference between the buying and selling prices of a financial instrument, thus impacting the transaction cost.

Trading Platform

MMC offers a mobile trading application that can be downloaded from reputable sources like Google Play and the App Store.

Trading PlatformSupportedAvailable Devices
Mobile APPMobile
MT5 Margin WebTraderWeb, Mobile
MT4Web, Mobile

Deposit & Withdrawal

MMC provides 4 types of deposit and withdrawal methods - Credit/debit cards, bank wire, Skrill, Neteller. The minimum deposit is $1000. But there is no more information about withdrawal fees.

User Reviews

More

User comment

4

Comments

Write a review

H. M Chung 975
more than one year
The minimum deposit requirement of $1,000 may be a barrier for some traders, especially beginners. The non-disclosure of specific details about deposit and withdrawal methods, as well as potential fees, is concerning. Additionally, the lack of the popular MT4 or MT5 trading platforms is a downside for those accustomed to these industry-standard platforms.
The minimum deposit requirement of $1,000 may be a barrier for some traders, especially beginners. The non-disclosure of specific details about deposit and withdrawal methods, as well as potential fees, is concerning. Additionally, the lack of the popular MT4 or MT5 trading platforms is a downside for those accustomed to these industry-standard platforms.
Translate to English
2023-12-08 10:36
Reply
0
0
FX1546571818
more than one year
I couldn't verify their license number on the official NFA website, raising doubts about their regulatory status. The absence of a demo account is a drawback, as it limits the opportunity for traders to practice and familiarize themselves with the platform.
I couldn't verify their license number on the official NFA website, raising doubts about their regulatory status. The absence of a demo account is a drawback, as it limits the opportunity for traders to practice and familiarize themselves with the platform.
Translate to English
2023-12-07 19:24
Reply
0
0