MCCM Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-11 13:55Abstract：Founded in 2020, MCC Markets is a Bahamas-based unregulated financial services company. Accessible through the extensively utilized MetaTrader 5 platform, it provides Forex, indices, cryptocurrencies, precious metals, and commodities among other trading tools. Notwithstanding its range of trading choices, absence of regulatory control and inaccessibility of its website could lead problems for possible traders.
Note: MCCMs official website: https://mcc-markets.com is currently inaccessible normally.
| MCCM Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Bahamas |
| Regulation | Unregulated |
| Market Instruments | Forex, Indices, Cryptocurrencies, Precious Metals, Commodities |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | / |
| Trading Platform | MetaTrader 5 (MT5) |
| Min Deposit | $50 |
| Customer Support | Email: cs@mcc-markets.com |
MCCM Information
Founded in 2020, MCC Markets is a Bahamas-based unregulated financial services company. Accessible through the extensively utilized MetaTrader 5 platform, it provides Forex, indices, cryptocurrencies, precious metals, and commodities among other trading tools. Notwithstanding its range of trading choices, absence of regulatory control and inaccessibility of its website could lead problems for possible traders.
Pros and Cons
| Pros | Cons |
| Multiple trading instruments | Unregulated |
| Different account types available | Inaccessible website |
| MetaTrader 5 platform available | Limited customer support |
Is MCCM Legit?
MCCM is unregulated. The lack of oversight means MCC Markets does not follow financial regulatory guidelines or regulations. Therefore, the company's activities, practices, and interactions are unregulated.
Originally registered November 9, 2020, the domain vtindex.com expires November 9, 2026. Last update date was October 22, 2024. Currently under limited state with prohibitions on deletion, renewal, transfer, and alterations. Although the domain is used actively, users interacting with the connected entity run probable risks because of insufficient control of regulations.
What Can I Trade on MCCM?
MCCM's trading instruments include commodities, indices, cryptocurrencies, precious metals, major, minor, and exotic currency pairs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ✔ |
| Commodities | ✔ |
Account Types
Four live trading accounts are available from MCCM: STD, STP, VIP, and ECN accounts.
| Account Type | Minimum Deposit | Maximum Leverage | Features | Suitable For |
| VIP Account | $10,000 | Up to 1:500 | Premium services, tighter spreads | Professional and institutional traders |
| ECN Account | $500 | Up to 1:500 | Direct market access, competitive spreads | Experienced traders |
| STP Account | $100 | Up to 1:30 | Straightforward trading, market execution | Intermediate traders |
| STD Account | $50 | Up to 1:30 | Basic features, accessible for beginners | Beginner traders or those with low capital |
Leverage
MCCM offers leverage of up to 1:500 for Forex and a number of other instruments, opening the door to larger holdings. However, as excessive leverage can compound both benefits and losses, it highlights the importance of rigorous risk management.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| MetaTrader 5 (MT5) | ✔ | Web, Desktop, Mobile Apps | Advanced tools and analysis for all traders |
Deposit and Withdrawal
| Method | Min Deposit/Withdrawal | Fees | Processing Time |
| Bank Transfer | $50 | Free | 1-3 Business Days |
| Visa/MasterCard | $50 | Free | Instant |
| Skrill/Neteller | $50 | Free | Instant |
| Tether (USDT) | $50 | Free | Instant |
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