MCCM Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-11 13:55

Abstract：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