Abstract:MMC DOMAIN RESOURCES LTD (“MMC”) is a Seychelles registered investment company. This company specializes in forex exchange dealing, money transferring, etc. there is Zero evidence that MMC is regulated.
General Information & Regulation
MMC DOMAIN RESOURCES LTD (“MMC”) is a Seychelles registered investment company. This company specializes in forex exchange dealing, money transferring, etc. there is Zero evidence that MMC is regulated.
Markets Instruments
MMC offers trading in forex currencies stocks, indices, commodities.
Minimum Deposit
The minimum initial deposit required by MMC to start real trading is absurdly high, reaching up to $1000. Please keep in mind that an unregulated broker requires way too high account opening amount is 100% scam broker.
Leverage
The maximum trading leverage offered by MMC is up to 1:1000, which is quite generous. However, trading with an unregulated broker offering high leverage is too risky, not a good option.
Spreads & Commissions
MMC advertises that it offers low spreads, starting from 0.0 pips, but it does not specify detailed spreads on particular instruments.
Trading Platform Available
MMC uses the popular MetaTrader 4 (MT4) platform. More than 10 years since its launch the platform is still enjoying great popularity, thanks to its ease of use, versatility and extensive functionality. MMC offers the MT4 platform in all its versions – as a trading terminal for PCs, a web version and the mobile application for smartphones and tablets.
Deposit& Withdrawal
Deposits methods include credit, debit cards and e-wallets such as Neteller. Withdrawals of all funds that are deposited by credit card are returned to the original credit card. Any profits are sent via wire transfer. Withdrawals can take up to 5 days to be received to bank account.
VPFX obtains UAE SCA Category Five license, enabling FX and CFDs promotion. Learn about its expansion and broker services at vpfx.net.
In today’s article, WikiFX made a comprehension review about HERO to help you better understand this broker. We will analyze the reliability of this broker from specific information, regulation, exposure, etc. Let’s get into it.
eToro is an intuitive online trading platfrom that features social trading solutions, a unique being in the industry, with great popularity among both novices and seasoned traders. On the eToro platform, traders can trader over greater amount of stocks and ETFs with zero commission charged,anencouraging feature was later adopted by many of its competitors. 55 currencies can be traded, with spreads starting at 1 pip (typically on the euro/usd pair), not that competitive, and a trading fee of 1% trading fee of 1% applies to crypto trading. Opening a trading account is quite easy for investors, and demo accounts (funded with $100,000 virtual money) are also provided to enhance beginners' trading courage. However, a major disencouraging point is that this broker has a more limited platform options, only eToro proprietary trading platform and MetaTrader (MT4) supported.
Founded in 1983, City Index is a long-established online trading platform specializing in CFDs on an extensive range of markets covering Indices, Shares, Forex, Gold & Silver, Commodities , spread betting (for UK clients only) , future trading. City Index features comparably low forex trading fees, simple and quick account opening process, ideal for retail investors to experience trading process here. However, this broker does not support social trading and provides limited cryptocurrency choices.