MDSS-Overview of Minimum Deposit, Spreads & Leverage

Note: MDSS' official website: https://mdssllc.com is currently inaccessible normally.

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

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.

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.

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.