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The WikiFX Score of this broker is reduced because of too many complaints!

MMC

Seychelles|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

https://immcglobal.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
MMCDomainResources-Demo MT4
Server Location Germany

Contact

cs@immcglobal.com
https://immcglobal.com/
The WikiFX Score of this broker is reduced because of too many complaints!

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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Broker Information

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Company Name

MMC DOMAIN RESOURCES LTD

Company Abbreviation

MMC

Platform registered country and region

Seychelles

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-02-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

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MMC · Company Summary

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.

User Reviews

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1

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feiigejh
more than one year
MMC is a letdown. Tried to withdraw, they claim rule violation with zero evidence. Feels like they have a secret rulebook. Withdrawals are more painful than pulling teeth. If transparency matters to you for a smooth trading experience, MMC might not be your best choice.
2023-12-28 14:19
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