Score

1.50 /10
Danger

MMDFX

Seychelles

5-10 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index6.89

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Broker Information

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Company Name

MMDFX

Company Abbreviation

MMDFX

Platform registered country and region

Seychelles

Company website

Facebook

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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MMDFX · Company summary

General Information

MMDFX says it is an online forex broker based in Seychelles, regulated by the Australian Securities and Investment Commission (ASIC), the Financial Transactions, and the National Futures Association (NFA), providing its clients with the worlds most popular MetaTrader4 trading platform and a variety of tradable assets.

Market Instruments

MMDFX advertises that it mainly offers five different classes of trading instruments in financial markets, including forex, spot gold, spot silver, crude oil and indices.

Trading Platform Available

When it comes to trading platforms available,MMDFX gives traders the worlds most widely-used MetaTrader4 platform, available on Windows, iOS and Android. MT4 is known as one of the most successful, efficient, and competent forex trading software, integrating the customer market quotes, transaction status, and account information in one interface. While with MT4 Mobile apps, trading can be done from anywhere and at any time through the right mobile terminals.

Deposit & Withdrawal

From the logos shown at the bottom of the home page on MMDFXs official website, we found that this broker seems to accept deposits and withdrawals via Bank transfers (OCBC, ICBC, BOC, CITIC) and Alipay, yet we have no way to confirm if these payment methods are all really available.

Deposit

Customer Support

MMDFXs customer support can be reached by telephone: 85236129884, email: cs@mmdfx.com. Besides, you can also follow this broker on some social media platforms like WeChat (mmdfxcs01) and Facebook. Company address: Global Gateway 8, Rue de la Perle, Providence, Mahe, Seychelles.

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FX1460060839
more than one year
MMDFX provided a terrible trading service. Their trading platform was extremely unstable and their trading signals were of very poor quality. To make matters worse, their customer service representatives had terrible English and could barely understand what I was saying. Withdrawals were painfully slow, and overall, I wouldn't even give this broker a single star rating.
MMDFX provided a terrible trading service. Their trading platform was extremely unstable and their trading signals were of very poor quality. To make matters worse, their customer service representatives had terrible English and could barely understand what I was saying. Withdrawals were painfully slow, and overall, I wouldn't even give this broker a single star rating.
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2023-03-30 11:03
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