Score

1.59 /10
Danger

MMA FOREX

United States

5-10 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

D

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Exposure

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.37

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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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

MMA FOREX · Company summary
Aspect Information
Company Name MMA FOREX
Registered Country/Area United States
Founded Year 2019
Regulation Unregulated
Customer Support Phone:+1 347-370-3223,Twitter:https://twitter.com/mmaforex2

Overview of MMA FOREX

MMA FOREX is a United States-based company that was established in 2019. It operates as an unregulated entity within the financial market.

The company offers customer support through various channels including phone at +1 347-370-3223 and social media, specifically through a Twitter account @mmaforex2.

Is MMA FOREX Legit or a Scam?

MMA FOREX is a United States-based company founded in 2019, which is operating as an unregulated entity. When evaluating the legitimacy of such a company, it is crucial to consider the implications of the lack of regulation.

This means that MMA FOREX does not have formal oversight from financial regulatory bodies that enforce compliance with certain operational standards, financial transparency, and the protection of client funds.

Pros and Cons

Pros Cons
Accessible Support Unregulated Status
Transparency and Compliance Issues
Limited Recourse for Disputes
Potential for Market Mistrust

Pros:

  1. Accessible Support: MMA FOREX offers multiple channels for customer support, including phone and social media, which may indicate responsiveness to client inquiries and support needs.

Cons:

  1. Unregulated Status: Operating without regulatory oversight in the United States, which generally provides a framework for client protection and company accountability.

  2. Transparency and Compliance Issues: Lack of regulation could result in less transparency in business operations and lower adherence to compliance standards.

  3. Limited Recourse for Disputes: Clients might face challenges in seeking recourse or protection in the event of disputes or financial discrepancies due to the absence of a regulatory body.

  4. Potential for Market Mistrust: The unregulated nature of the firm may affect its credibility with clients and could be a significant factor in a client's decision-making process regarding investment and engagement.

Customer Support

MMA FOREX provides customer support through telephone and social media channels. Clients can contact them via phone at +1 347-370-3223 for direct communication regarding any queries or support required. Additionally, they are accessible through their Twitter handle @mmaforex2, offering a modern avenue for engagement and assistance.

Conclusion

In conclusion, MMA FOREX, established in 2019 and based in the United States, operates as an unregulated entity. Despite the lack of regulatory oversight, it provides customer support through both traditional and digital channels, including a phone line and a social media presence on Twitter.

FAQs

  1. Question: How can I contact MMA FOREX's customer support?

  2. Answer: You can contact MMA FOREX's customer support by phone at +1 347-370-3223. Additionally, they offer support through their Twitter account, which can be found at @mmaforex2.

  3. Question: What should I be aware of when dealing with an unregulated company like MMA FOREX?

  4. Answer: When dealing with an unregulated company like MMA FOREX, you should be conscious of the potential risks associated with the lack of regulatory oversight.

Risk Warning

MMA FOREX is an unregulated entity, lacking formal oversight from financial regulatory authorities. This lack of regulation may expose clients to increased risks, including potential issues with transparency, operational integrity, and the security of client funds.

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