MMC

Note: MMC's official website: https://www.matsudamarkets.com/en/index.html is currently inaccessible normally.

MMC Information

Matsuda Markets Capital Management Ltd(short for MMC), is a brokerage registered in the United Kingdom. The trading instruments it provides cover Currency Pairs, Forex Options, Precious Metals. It is unregulated.

Pros and Cons

Is MMC Legit?

It is clear that MMC is currently unregulated.

What Can I Trade on MMC?

MMC offers traders currency pairs, forex options, precious metals to trade.

Account Types

MMC offers traders three different types of trading accounts - Standard Account, Premium Account, Prime Account.

MMC Fees

The spreads and commissions at MMC vary based on the chosen trading account. For instance, the EUR/USD pair exhibits spreads starting from 1.7 pips on the Standard account, 1.4 pips on the Premium account, and 1.1 pips on the Prime account. Spreads denote the difference between the buying and selling prices of a financial instrument, thus impacting the transaction cost.

Trading Platform

MMC offers a mobile trading application that can be downloaded from reputable sources like Google Play and the App Store.

Deposit & Withdrawal

MMC provides 4 types of deposit and withdrawal methods - Credit/debit cards, bank wire, Skrill, Neteller. The minimum deposit is $1000. But there is no more information about withdrawal fees.