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MMA FOREX review

MMA FOREX review: regulation (No), minimum deposit 300, leverage up to 1:500, platforms and current bonuses.

Open account
Minimum deposit300
Max. leverage1:500
Spread from0.1 Pips
Founded2016

Trading conditions

Broker type
STP/ECN
Minimum deposit
300
Maximum leverage
1:500
Minimum spread
0.1 Pips
Platforms
MetaTrader 4
Account currencies
USD/EUR & More

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
No

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
No
Segregated funds
No
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Credit/debit cards, Wire transfer, Neteller, Skrill
Withdrawal methods
Credit/debit cards, Wire transfer, Neteller, Skrill

Company

Regulation
No
Founded
2016
Country
UAE
Address
Mai Tower, Baghdad Street, Al Nahda 1, Dubai UAE
Website languages
English
Phone
+971-4-2399960
Email or Skype
[email protected]

MMA FOREX pros and cons

Pros

  • Regulated by No
  • Raw spreads from 0.1 Pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

MMA FOREX FAQ

Is MMA FOREX a safe and regulated broker?

MMA FOREX was founded in 2016 and is regulated by No. Your protection depends on which MMA FOREX entity opens your account.

What is the minimum deposit at MMA FOREX?

The minimum deposit at MMA FOREX is 300. Payment providers may set their own minimum amount.

What is the maximum leverage at MMA FOREX?

MMA FOREX offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does MMA FOREX offer a no deposit bonus?

No. MMA FOREX does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does MMA FOREX offer?

MMA FOREX supports MetaTrader 4. Mobile trading is available.

Does MMA FOREX allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does MMA FOREX offer an Islamic (swap-free) account?

Yes. MMA FOREX offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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MMA FOREX – NoOpen account