ModMount

Modmount Review: Is Modmount Broker Good?

Broker overview and general information

ModMount is an online broker that offers CFD (Contracts for Difference) trading on a wide range of assets including Forex, Indices, Metals, Energies, Stocks and Cryptocurrencies, totaling over 160 instruments. The broker focuses on providing traders with a flexible and secure service, with customizable accounts, fast registration and fast trade execution via its proprietary WebTrader platform.

The company also prioritizes the security of its clients’ personal data and financial transactions, using advanced encryption and SAS 70 certified servers, as well as educational resources and analytical tools to support traders in making decisions and developing their trading skills.

Broker Licensing and Regulation

If you ask whether ModMount is good or not, you must start by considering the licensing factor first. The company is registered in Seychelles under the name ModMount Services Limited with registration number 8426105-1 and is licensed by the Seychelles Financial Services Authority (FSA) with license number SD119.

Broker Products and Services

Trading products

• Forex (Forex):You can trade over 45 major and minor currency pairs such as EUR/USD, GBP/USD, USD/JPY, etc.

• Indices:Access major global indices such as S&P 500, NASDAQ, FTSE 100, etc.

• Precious Metals:Trade gold and silver as CFDs

• Energy:Invest in energy commodities such as crude oil (WTI, Brent) and natural gas.

• Stocks:Trade shares of leading companies from foreign stock exchanges.

• Cryptocurrencies:Trade popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, etc.

 Trading platform

ModMount offers a trading platform called WebTrader, which is accessible through a web browser without installing any additional software.

WebTrader Key Features

• Global Market Access:Trade over 160 CFDs on a variety of assets including Forex, Commodities, Cryptocurrencies, Indices and Shares.

• Advanced analysis tools:There are more than 60 analytical tools to help you analyze the market and create effective trading strategies.

• Trading History:View details of past transactions to improve your skills and effectively control your finances.

• Multilingual support:We have a professional support team available in multiple languages to help users from all over the world.
   

Other features of WebTrader

• One-click account switching

• Real-time exchange rate streaming

• Instant price alerts

• Stop loss/take profit tools

• User-friendly interface

• Live support available

ModMount Review: Account Types

Classic Account

• No deposit fees

• Access over 160 CFDs

• Forex leverage up to 1:400

• Spread: 2.5 - 2.8 pips and Crude Oil $0.14

• No Swap Discount

Silver Account

• No deposit fees

• Access over 160 CFDs

• Forex leverage up to 1:400

• Spread: 2.5 - 2.8 pips and Crude Oil $0.14

• Swap Discount

Gold Account

• No deposit fees

• Access over 160 CFDs

• Forex leverage up to 1:400

• Spread: 1.8 - 2.3 pips and Crude Oil $0.13

• Swap Discount

Platinum Account

• No deposit fees

• Access over 160 CFDs

• Forex leverage up to 1:400

• Spread: 1.4 - 2 pips and Crude Oil $0.12

• Swap Discount

VIP Account

• No deposit fees

• Access over 160 CFDs

• Forex leverage up to 1:400

• Spread: 0.9 - 1.4 pips and Crude Oil $0.10

Deposit-Withdrawal Review

Make a deposit

• Minimum deposit: 250 EUR/USD/JPY (depending on account currency)

• Deposit methods: Credit/Debit card, Bank transfer, APM (Alternative Payment Method)

• Supported currencies: EUR, USD, JPY

Withdraw money

• Minimum withdrawal amount: 10 EUR/USD/JPY (Credit Card), 100 EUR/USD/JPY (Bank Transfer)

• Withdrawal methods: Bank transfer, e-wallets

• Processing time: 8-10 business days (may vary depending on the bank)

• Withdrawal while holding open positions: Withdrawals are allowed but you must ensure that there is sufficient margin in the account.

• Fees: Withdrawal fees may apply depending on the situation. Please check Modmount's fee document.

Modmount Customer Service

• Head office:Modmount Services Limited is incorporated in Seychelles under registration number 8426105-1 with its registered office at Level 1, Room B11, Providence, Mahe, Seychelles.

• Domestic Offices:Cyprus, Seychelles

• Email:[email protected]

• Phone:+2484632002

• Website language:English, Arabic, Spanish, Italian, Deutsch, Portuguese, French, Japanese
  Website:https://www.modmountltd.com/en/contactus 

• Facebook: https://web.facebook.com/modmountltd?_rdc=1&_rdr 

• Instagram:https://www.instagram.com/modmountltd/ 

• Twitter (X):https://x.com/i/flow/login?redirect_after_login=%2FModmountltd 

• Linkedin:https://www.linkedin.com/company/modmount/ 

• Youtube: https://www.youtube.com/channel/UCju9N_wZ25SMTEUfZPJ3SWQ 

Summary: Is Modmount Broker Review Good?

ModMount is a CFD broker that offers trading in over 160 assets including Forex, Indices, Metals, Energies, Stocks and Cryptocurrencies. It features an easy-to-use WebTrader platform with advanced analytical tools, leverage of up to 1:400 and competitive spreads. It is also licensed by the Seychelles Financial Services Authority (FSA), ensuring the safety of trading. However, the broker lacks high-level financial regulatory oversight, making it unsuitable for those seeking the highest level of protection. Overall, ModMount is a good choice for investors who want flexible and diverse trading conditions in the global financial markets.

Modmount FAQs

1. What is ModMount?
   ModMount is a CFD broker that offers trading in a variety of assets including Forex, Indices, Metals, Energies, Stocks and Cryptocurrencies through an easy-to-use WebTrader platform with advanced analytical tools.

2. Is ModMount safe?
   ModMount is licensed by the Seychelles Financial Services Authority (FSA) and uses advanced security measures such as data encryption and certified servers. However, there is no regulatory oversight from any top authority.

3. What are the trading fees with ModMount?
   ModMount offers competitive spreads starting from just 0.07 pips. Fees may vary depending on account type and chosen assets to trade.

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