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MMA FOREX

No Regulation
United States
,
Since 2006
Last Updated:
43/100
Overall Score

Trading Conditions

Min Deposit:
USD300
Max Leverage:
N/A
Account Types
MiniVIPIslamic

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

Credit/Debit Cards

credit card
Instant
Fee:
Free
Fee:
Free

Skrill, Neteller, WebMoney, Perfect Money

e wallet
Instant
Fee:
Free
Fee:
Free

Bitcoin, Ethereum, Litecoin, Tether (USDT)

crypto
Instant
Fee:
Free
Fee:
Free

Various country-specific payment options

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 51%, 4: Spread 0%, 5: Account Type 34%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
51%Fair
Spread
0%Poor
Account Type
34%Poor
Symbol
0%Poor
No Regulatory Licenses
This broker currently has no verified regulatory licenses on file.

Company Information

Full Name:MMA FOREX
Founded:2006
Headquarters:United States
Enterprise Offices:N/A

Customer Support

Phone:
+1 347-370-3223
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

There is little information available about the broker MMA FOREX, however they have been providing their services to retail and institutional traders looking to access the global Foreign Exchange (forex) markets since at least 2006. Their long history in this sector provides some level of experience and continuous operation within this broker. Brokers in the highly competitive Forex trading environment, like MMA Forex, want to give regular traders all the tools, platforms and ways to access the market needed to execute trades successfully.

This article is meant to present an overview of what we know about MMA Forex, including their Company Background, all of their product offerings, their Regulatory Environment and Trading Conditions, Fees/Commissions/Cost and User Experience.

MMA Forex has been operating since 2006 as a trading platform to assist forex traders wanting to participate in the forex marketplace. Over the last ten years, MMA Forex has strived to firmly establish themselves as a broker catering to forex traders. However, there is limited publicly available information regarding the Company's founding and founding members or other strategic milestones involved in developing the Company into a leading forex broker. MMA FOREX Products and Features

No information is available on the specific MMA FOREX product suite, but brokers within the MMA category typically have a large offering of the most common trading instruments - forex pairs, indices, commodities and perhaps offering CFD's. Based on the 'forex' portion of the name, it can be surmised that the core focus of MMA FOREX will be forex trading.

Traders commonly expect to find multiple types of trading accounts, popular trading platforms, and different methods of order execution. Unfortunately, at this time there are not enough available data sources to include in this review to adequately describe the specific features available to prospects.

Traders should proceed cautiously when looking for a broker and verify the information provided by the broker prior to making any financial commitment to engage.

Regulatory Compliance and Licenses

The level of regulation of a potential broker is a very important factor in selecting a forex broker, as it will assure you as a trader that there is a level of security and transparency. At this time, no information is publicly available indicating the regulatory licenses held by MMA FOREX. Without this type of independent regulation, traders are currently unable to independently verify whether MMA FOREX is operating under any type of recognized financial authority.

These are the known details that we have based on currently available information for MMA FOREX as it pertains to:

Regulator License Number Status

Not Available Not Available Limited Information

Trading Conditions and Platform Technology

When looking for a forex broker, traders will want to consider trading conditions (spreads, leverage, minimum deposits) and platform technology. Unfortunately, MMA FOREX does not provide an extensive amount of detailed trading conditions or platform information on its public website or through verified 3rd party sources. Forex brokers generally have many combined factors to determine their trading environments, which is once again missing from MMA FOREX.

The chart below lists what data can be found:

Spreads: Unknown

Leverage: Unknown

Minimum Deposit Requirement: Unknown

Trading Platforms: Unknown

Fee Schedule: A trader must consider the Fee Schedule to evaluate potential Broker's cost effectiveness. Common fee types include: Commissions, Spreads, Deposit, Withdrawal Charges and Inactivity Fees. Without a complete Fee Schedule publicly available on MMA FOREX, it is impossible to determine whether it is competitive based on The Fees Charged.

The table below reflects a summary of the current utilisation of Fee Types by MMA FOREX:

Fee Type: Amount/Charging Method

Deposit Fees: Unknown

Withdrawal Fees: Unknown

Commission: Unknown

Spreads: Unknown

User Experience & Market Reputation: Client Reviews or Broker Reviews represent the basis for determining the Market Reputation & User Experience. MMA FOREX is displayed on some independent Broker Review Websites; however, the information provided on these Websites concerning Client Satisfaction or User Experience is not consistent or verified.

The limited information provided above and no verified User Testimonials makes it advisable for a trader to perform their own Due Diligence and Contact MMA FOREX directly for further details before committing any funds. Transparency, along with open and clear communication, are major factors in building trust within the Forex Trading Industry.

Latest Developments: No publicly accessible information exists regarding any of the latest developments, trends, changes in strategies and other potential new developments concerning MMA FOREX. This indicates two possibilities: either MMA FOREX is keeping a low profile, or it has only recently become active on Social Media where such announcements may be found.

Traders who are interested in trading through MMA FOREX should keep an eye on official channels for any new updates and announcements, or directly contact MMA FOREX.

Conclusion

MMA FOREX is an online Forex Trading Broker that has been established since 2006, offering online Forex Trading Services on a dedicated basis. However, MMA FOREX does not publish an extensive amount of Validated Public Information; consequently, it is difficult to identify or determine whether MMA FOREX possesses any Regulatory Licenses, Trading Conditions, Fee Structures or use any Trading Platforms. Therefore, all prospective clients should be cautious and Contact MMA FOREX directly to confirm all critical items prior to opening an account to trade. Transparency, Compliance with Regulations, are two of the main factors in establishing Trust and Security within the Forex Trading Industry.

Regulatory Licenses

Compliance & oversight

No Regulatory Licenses

This broker does not have any verified regulatory licenses on file.

Trading with unregulated brokers carries significant risks.

Account Types

Trading account options

3 types
Mini
Cent
VIP
VIP
Islamic
Swap-Free
3
Total Types
3
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

5 methods
Bank Transfer
Bank Transfer3 min
Deposit
Fee:Free
Min:USD 300
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Deposits are only accepted from payment methods in your name. Generally available worldwide.
Credit/Debit Cards
Credit CardInstant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Deposits must be made through the platform's official deposit channel. Availability may vary based on your country of residence.
Skrill, Neteller, WebMoney, Perfect Money
E-WalletInstant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Deposits must be made using the platform’s designated payment methods. Availability may vary based on your country of residence.
Bitcoin, Ethereum, Litecoin, Tether (USDT)
CryptocurrencyInstant
Deposit
Fee:Free
Min:USD 100
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Deposits must be made using the platform’s designated payment methods. Availability may vary based on your country of residence.
5
Free Deposit
5
Instant
1
Crypto

Trading Platforms

Professional trading tools

2 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit
TradingView

TradingView

by TradingView Inc. • 2011

Windows
Mac
Web
Android
+2
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with MMA FOREX: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark MMA FOREX at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for MMA FOREX

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

4 platform
Scroll to see all 4 platforms

Comments

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