Score

1.61 /10
Danger

Modalmais

Suspicious Regulatory License

Self-developed

High potential risk

B

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Score

Regulatory Index0.00

Business Index7.11

Risk Management Index0.00

Software Index4.58

License Index0.00

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Website

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

XP Investimentos CCTVM S.A.

Company Abbreviation

Modalmais

Platform registered country and region

Brazil

Company website

X

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  • 11 3186-2011

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2026-01-03
  • This broker lacks valid forex regulation. Please be aware of the risk!

WikiFX Verification

Modalmais · Company summary
Modalmais Review Summary
Founded2013
Registered Country/RegionBrazil
RegulationNo Regulation
Trading ProductsShares, ETFs, IPO, Options
Trading PlatformsProfit Trader Modal + Simulator, Profit Pro + Simulator, Home Broker modalmais, Tryd PRO, Tryd Trader, SmarttBot
Minimum Deposit/
Customer SupportPhone: 11 4003-4450, 0800 722 3701
WhastApp: 11 3186-2011
Ombudsman: 0800 722 3730
Address: CNPJ/ME nº 02.332.886/0001-04, Av. Chedid Jafet, 75, Torre Sul - Vila Olímpia, São Paulo, SP. Zip Code: 04551-060
Facebook, Instagram, Youtube, X, TikTok

Modalmais, established in 2013 and registered in Brazil, is an unregulated financial services firm offering a variety of tradable instruments such asshares, ETFs, IPO, and Options. However, it does not provide demo accounts and offers limited information on accounts, trading fees, etc. Its proprietary trading platforms, such as Profit Trader Modal, Home Broker modalmais, and Tryd PRO, are available on App Store and Google Play.

Modalmais' homepage

Pros and Cons

Pros Cons
A wide range of trading productsNo regulation
Unclear fee structure
No info on deposit and withdrawal

Is Modalmais Legit?

At present, Modalmais lacks valid regulation. Its domain was created on March 22, 2013. Please pay high attention to the safety of your funds if you choose this broker.

No license
Domain information

What Can I Trade on Modalmais?

On Modalmais, you can invest in shares, ETFs, IPO, and Options.

Trading ProductsSupported
Shares
ETFs
IPO
Options
Forex
Commodities
Indices
Cryptocurrencies
Bonds
Mutual Funds

Trading Platform

Investment PlatformFees
Profit Trader Modal + SimulatorSale Price: 0Standard Price: R$14.90/month
Profit Pro + SimulatorSale Price: 0Standard Price: R$139.90/month
Home Broker modalmaisFree for Modal customer
Tryd PROSale Price: 0Standard Price: R$89.90/month
Tryd TraderSale Price: 0Standard Price: R$9.90/month
SmarttBotLite Plan Ⅰ: R$19.90/monthLite Plan Ⅱ: R$39.90/monthLite Plan Ⅲ: R$179.90/monthLite Plan Ⅳ: R$499.90/month
Trading Platform

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