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No Regulation
Score
1.53 /10
Danger
MDSS
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.17
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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
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Warning: Low score, please stay away!
Previous Detection :
2024-12-25
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: MDSS' official website: https://mdssllc.com is currently inaccessible normally.
| MDSSReview Summary | |
| Founded | / |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | 9,000+ CFDs on stocks, indices, commodities, ETFs and bonds |
| Demo Account | ❌ |
| Leverage | Up to 1:50 |
| Trading Platform | / |
| Min Deposit | $5 000 |
| Customer Support | / |
The MDSS website is owned and operated by MDSS LLC. This company claims to be a subsidiary of another company – MDS Securities Ltd., but we were unable to prove that.
It claims to offer a variety of trading instruments, including CFDs on over 9,000 stocks, indices, commodities, ETFs, and bonds with leverage up to 1:50, but an extremely high minimum deposit of $5,000.
Pros and Cons
| Pros | Cons |
| Multiple market instruments | Inaccessible website |
| Unregulated | |
| No demo accounts | |
| Limited info on trading fees | |
| Extremely high minimum deposit | |
| No contact channel |
Is MDSS Legit?
No, MDSS is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
What Can I Trade on MDSS?
MDSS says it offers a great variety of trading instruments, including over 9000 CFDs on stocks, indices, commodities, ETFs and bonds.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| ETFs | ✔ |
| Bonds | ✔ |
| Forex | ❌ |
| Cryptocurrencies | ❌ |
| Options | ❌ |
Price Plan
The minimum investment deposit with MDSS is set at 5 000 USD, which is absurdly high. Most brokers traders can start trading with is about 100 USD.
| Price Plan | Min Deposit |
| FX All-Inclusive | $5 000 |
| FX Volume | $10 000 |
Leverage
In terms of trading leverage, the maximum leverage offered by this MDSS is 1:50. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
MDSS Fees
MDSS promises tight spreads with low or even zero commission. Unfortunately we were not able to open a demo account to check that. Have in mind that starting spreads with a standard account is considered attractive only below 1.5 pips.
Trading Platform
MDSS claims to support the Saxo Bank trading platform, but we need to be aware that all brokers offering the Saxo trading platform operate as white labels of Saxo Bank, which is definitely not the case with MDSS.
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