MMC Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-18 12:12

Abstract：MMC, also known as Matsuda Markets Capital Management Ltd., is a UK-based trading company that has been in operation for the past 1-2 years. However, their regulatory license raises suspicions about their credibility, and caution should be exercised when considering them as a trading partner. The minimum deposit required by MMC is $1,000, which may be a barrier for some traders looking to start with a smaller investment.

　　Note: MMC's official website: https://www.matsudamarkets.com/en/index.html is currently inaccessible normally.

MMC Review Summary
Years of Establishment	2-5 years
Registered Country/Region	United Kingdom
Regulation	No regulation
Instruments	Currency Pairs, Forex options, Precious Metals
Account Types	Standard, Premium, Prime
Minimum Deposit	$1,000
Maximum Leverage	1:100
Spreads	1.1 pips on the EURUSD ( Prime account)
Trading Platforms	Mobile App
Deposit/Withdrawal	Credit/debit cards, bank wire, Skrill, Neteller
Customer Support	Phone: +44 7508668954
	Email: services@MMC.com
	Physical Address: FLAT32 ADVENTURES COURT 12 NEWPORT AVENUE LONDON, UNITED KINGDOM E14 2DN.

MMC Information

　　Matsuda Markets Capital Management Ltd(short for MMC), is a brokerage registered in the United Kingdom. The trading instruments it provides cover Currency Pairs, Forex Options, Precious Metals. It is unregulated.

Pros and Cons

Pros	Cons
Diverse range of trading products	Official website inaccessible
Multiple payment methods	Unregulated
Multiple account types offered	High min deposit
Low spreads	No MT4 supporetd

Is MMC Legit?

　　It is clear that MMC is currently unregulated.

What Can I Trade on MMC?

　　MMC offers traders currency pairs, forex options, precious metals to trade.

Tradable Instruments	Supported
Forex options	✔
Currency pairs	✔
Precious metals	✔
Stocks	❌
ETFs	❌
CFD	❌
Cryptocurrencies	❌
Bonds	❌
Indices	❌
Futures	❌

Account Types

　　MMC offers traders three different types of trading accounts - Standard Account, Premium Account, Prime Account.

Account Type	Standard Account	Premium Account	Prime Account
Minimum Deposit	$1000	$10000	$50000
Suitable For	Starter	Experienced	Professional

MMC Fees

　　The spreads and commissions at MMC vary based on the chosen trading account. For instance, the EUR/USD pair exhibits spreads starting from 1.7 pips on the Standard account, 1.4 pips on the Premium account, and 1.1 pips on the Prime account. Spreads denote the difference between the buying and selling prices of a financial instrument, thus impacting the transaction cost.

Trading Platform

　　MMC offers a mobile trading application that can be downloaded from reputable sources like Google Play and the App Store.

Trading Platform	Supported	Available Devices
Mobile APP	✔	Mobile
MT5 Margin WebTrader	❌	Web, Mobile
MT4	❌	Web, Mobile

Deposit & Withdrawal

　　MMC provides 4 types of deposit and withdrawal methods - Credit/debit cards, bank wire, Skrill, Neteller. The minimum deposit is $1000. But there is no more information about withdrawal fees.