ModMount
Rating: 4 / 5ModMount presents its user-friendly, web-based trading platform, which includes Trading Central services and one-click trading. Traders get a maximum leverage of 1:400 with negative balance protection, and the asset selection covers six sectors and 225+ CFDs. I reviewed this broker to evaluate the competitiveness of its trading environment. Should you trade at ModMount?
ModMount presents its user-friendly, web-based trading platform, which includes Trading Central services and one-click trading. Traders get a maximum leverage of 1:400 with negative balance protection, and the asset selection covers six sectors and 225+ CFDs. I reviewed this broker to evaluate the competitiveness of its trading environment. Should you trade at ModMount?
Broker Details
- Headquarters
- Seychelles
- Established
- 2022
- Min Deposit
- $250
- Execution
- Market Maker
- Regulators
- FSA
Trading Conditions
- Retail Loss Rate
- Undisclosed
- Min Standard Spreads
- 2.5 pips
- Min Forex Commission
- Commission-free
- Trading Hours
- Currency PairsSunday 22:05 - Friday 21:50CryptocurrenciesSunday 22:05 - Friday 21:50CommoditiesSunday 23:05 - Friday 22:00Crude OilSunday 23:05 - Friday 22:00MetalsSunday 23:05 - Friday 22:00StocksMonday 01:05 - Friday 21:00FuturesMonday 23:05 - Friday 21:50
Accounts & Funding
- Funding Methods
- 13
- Deposit Options
- Credit CardsWire TransferDebit CardsOther
- Deposit Fees
- No
- Withdrawal Options
- Credit CardsWire TransferDebit CardsOther
- Withdrawal Fee
- Yes
Trading Costs & Spreads
- EUR/USD
- 4.1 pips ($41.00)
- GBP/USD
- 4.7 pips ($47.00)
- Gold
- $0.27
- Bitcoin
- $393.50
- WTI Crude
- $0.17
- Inactivity Fee
- true
Platform & Features
- Trading Platforms
- Proprietary platform
Pros
- Multilingual customer support
- Choice of liquid trading instruments from six sectors, including cryptocurrencies
- User-friendly trading platform with Trading Central services
Cons
- No MT4 or algorithmic trading
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