Modity-Some important Details about This Broker
Abstract： Modity is a modern energy trading company based in the United States. Its energy category covers electricity, gas, flex, and renewable energy. In addition to energies, Modity also works with in-house analysis for traders to better understand the market. However, this platform is currently under no regulation.
| Modity Review Summary | |
| Founded | 2010 |
| Registered Country/Region | United States |
| Regulation | No Regulation |
| Market Instrument | Energy |
| Demo Account | / |
| Trading Platform | / |
| Minimum Deposit | / |
| Customer Support | Phone: +46 46 32 59 00 |
| Email: info@modity.se | |
Modity Information
Modity is a modern energy trading company based in the United States. Its energy category covers electricity, gas, flex, and renewable energy. In addition to energies, Modity also works with in-house analysis for traders to better understand the market. However, this platform is currently under no regulation.
Pros and Cons
| Pros | Cons |
| None | No regulation |
| Limited market offerings | |
| Unclear fee structure | |
| Unknown trading platform | |
| No info on deposit and withdrawal |
Is Modity Legit?
Modity is operating without regulatory supervision. Traders should be aware of the risks when participating in trading on such platforms.
What Can I Trade on Modity?
Modity offers energy as its primary asset, covering electricity, gas, flex, and renewable energy.
| Trading Asset | Available |
| energy | ✔ |
| forex | ❌ |
| commodities | ❌ |
| indices | ❌ |
| stocks | ❌ |
| cryptocurrencies | ❌ |
| bonds | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
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