ModMount Review: Regulation, Fees and Accounts
ModMount
Seychelles
Your money is at risk
ModMount overview: what kind of broker is it?
ModMount is an STP/ECN forex and CFD broker based in Seychelles, founded in 2022. Regulated by the Financial Services Authority (FSA) of Seychelles with licence number: SD119.
Traders get MetaTrader 5 for Desktop and MetaTrader 5 WebTerminal, spreads from 0.0 Pips, leverage up to Up to 1:400 and a $250 minimum deposit. New clients can also check the current 30% Forex Bonus on Deposits.
Tradable markets include Foreign Exchange, Commodities, Indices, Share CFDs, Futures, CFDs, Cryptocurrencies.
ModMount broker specifications
Company and regulation
| Broker | ModMount |
|---|---|
| Regulated by | Regulated by the Financial Services Authority (FSA) of Seychelles with licence number: SD119 |
| Type of broker | STP/ECN |
| Country | Seychelles |
| Foundation year | 2022 |
| Website | Visit ModMount website |
| Website languages | English, Spanish, Portuguese, Japanese |
Trading conditions
| Minimum deposit | $250 |
|---|---|
| Maximum leverage | Up to 1:400 |
| Minimum spreads | 0.0 Pips |
| Base currencies | EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more |
| Tradable instruments | Foreign Exchange, Commodities, Indices, Share CFDs, Futures, CFDs, Cryptocurrencies |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Web trading | Yes |
| Mobile trading | Yes |
Bonus and promotions
| Current promotion | 30% Forex Bonus on Deposits |
|---|---|
| Welcome bonus | 30% Forex Bonus on Deposits |
| Standard no deposit bonus | No |
Contact details
| Telephone | +2484632002 |
|---|---|
| Email / Skype | info@modmountdltd.com |
| Fax | +2484632002 |
| Head office | Room B11, First Floor, Providence Complex, Providence, Mahe, Seychelles |
| Contact form | Contact ModMount |
ModMount pros and cons
Pros
- Regulated by the Financial Services Authority (FSA) of Seychelles with...
- 30% Forex Bonus on Deposits
- Low $250 minimum deposit
- Spreads from 0.0 Pips, STP/ECN execution
- MetaTrader 5 for Desktop and MetaTrader 5 WebTerminal and more platforms
- Islamic, mini, VIP and managed accounts
- 15 deposit and withdrawal methods
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
ModMount account types
ModMount offers several account options so beginners and experienced traders can both find a fit. Live accounts start from a $250 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Swap-free account | Yes |
| Managed account | Yes |
| Segregated client funds | Yes |
Looking for an in-depth review and ratings of ModMount Forex Brokers? Find comprehensive information, analysis, and ratings of ModMount Forex Brokers to make an informed decision about trading in the Forex market.
ModMount trading platforms
ModMount runs on MetaTrader 5 for Desktop and MetaTrader 5 WebTerminal, which give you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
ModMount Forex Broker: Key Facts
ModMount Forex Brokers Review and reliable Forex Broker Ratings? Read our comprehensive review to make an informed decision before choosing a forex broker
Related:
Official website: ModMount.
Learn more: What is forex trading? (Investopedia).
Modmount - the bravehearts of trading
Challenge the market daily and get on the online investment leadership track with Modmount – the broker that has got your back. We are a team of professionals united by the idea of offering prime class services to our clients. We believe in financial dynamics, self-fulfillment, trading community, and challenge acceptance as the most important trading values. We offer the leading-edge services to follow our trader's market call for their financial self-realization with a brave heart and extra handy trading tools.
License & Regulations
Modmount Services Limited is authorized and regulated by the Financial Services Authority (FSA) of Seychelles with license number: SD119. Modmount Services Limited’s registrationLooking for an in-depth review and ratings of ModMount Forex Brokers? Find comprehensive information, analysis, and ratings of ModMount Forex Brokers to make an informed decision about trading in the Forex market.
ModMount deposit and withdrawal methods
The same methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Crypto
Is ModMount safe and legit?
ModMount is a regulated broker. Regulated by the Financial Services Authority (FSA) of Seychelles with licence number: SD119. The broker says client money is kept in segregated accounts, separate from company funds.
Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach Up to 1:400.
Our verdict on safety
ModMount suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.
Full ModMount review
Discover unbiased ModMount Forex Broker reviews and ratings
We challenge every trader to get to the PRIME trading level by overcoming the international market's pitfalls. And our prime trading services lead you all the way on your trading paths. We work hard, so you could trade any way you dare. What we offer:
Customized accounts and quick registration;
Cross-platform trade order execution;
Instant market updates on price changes;
High speed access for timely market moves;
One-click trading options;
Education materials to develop your trading competencies;
Demo account to warm up before real trading.
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