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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
Founded2020
Registered Country/RegionBahamas
RegulationUnregulated
Market InstrumentsForex, Indices, Cryptocurrencies, Precious Metals, Commodities
Demo Account/
LeverageUp to 1:500
Spread/
Trading PlatformMetaTrader 5 (MT5)
Min Deposit$50
Customer SupportEmail: 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 instrumentsUnregulated
Different account types availableInaccessible website
MetaTrader 5 platform availableLimited 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.

Is MCCM Legit?

  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.

Is MCCM Legit?

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 TypeMinimum DepositMaximum LeverageFeaturesSuitable For
VIP Account$10,000Up to 1:500Premium services, tighter spreadsProfessional and institutional traders
ECN Account$500Up to 1:500Direct market access, competitive spreadsExperienced traders
STP Account$100Up to 1:30Straightforward trading, market executionIntermediate traders
STD Account$50Up to 1:30Basic features, accessible for beginnersBeginner 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 PlatformSupported Available Devices Suitable for what kind of traders
MetaTrader 5 (MT5)✔Web, Desktop, Mobile AppsAdvanced tools and analysis for all traders

Deposit and Withdrawal

MethodMin Deposit/WithdrawalFeesProcessing Time
Bank Transfer$50Free1-3 Business Days
Visa/MasterCard$50FreeInstant
Skrill/Neteller$50FreeInstant
Tether (USDT)$50FreeInstant

  

Related broker

No Regulation
MCCM
Company name:MCC Markets
Score
1.43
Website:https://mcc-markets.com/en/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.43

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