About MMA FOREX
Company Overview
MMA FOREX is a financial services entity registered in the United States, established on May 21, 2019. The company is based out of New York, with a registered address at 30th Wall Street, 11th Floor, New York, NY 10005. It positions itself as a participant in the financial markets, though it does not hold any known regulatory licences from major authorities.
The broker maintains a presence on social media platforms including Facebook, Instagram, LinkedIn, and X (formerly Twitter), where it operates the account @mmaforex2. Customer support is offered via phone at +1 347-370-3223, but the official website (mmaforex.com) is currently inaccessible or displays unrelated content, raising concerns about operational transparency.
Regulatory Status
According to FXCanary's records, MMA FOREX is not regulated by any recognised financial regulator. The company's registration in the United States does not imply oversight by bodies such as the SEC or CFTC, and the absence of a verified licence means traders have no access to dispute resolution or compensation schemes.
This regulatory void is a significant factor for risk assessment. Unregulated brokers often operate without minimum capital requirements or client fund segregation, which can expose traders to counterparty risk. FXCanary recommends that traders verify the regulatory status of any broker independently, and exercise extreme caution when dealing with unlicensed entities.
Company Background and Presence
MMA FOREX was founded in 2019 and has since maintained a low-profile operational footprint. Its registered address in New York suggests a US corporate identity, but the company's online presence is fragmented. Social media accounts exist but do not provide detailed information about trading services or corporate structure.
The broker's lack of a functional website is a red flag. Legitimate brokers typically maintain an active domain with clear information about their products, terms, and conditions. The fact that mmaforex.com now redirects to a Chinese IT services site indicates either domain abandonment or an attempt to obscure operations. This opacity makes independent verification of the broker's claims nearly impossible.
Target Audience and Suitability
MMA FOREX appears to target retail traders interested in forex or financial markets, given its name and social media activity. However, without a valid website or regulatory oversight, the broker is unsuitable for traders who require transparency, security, and accountability.
This broker may appeal to individuals seeking unregulated offshore services, but the associated risks are substantial. FXCanary advises that only experienced traders with a high risk tolerance should consider such entities, and even then, only with capital they can afford to lose.
Risk Considerations
The most pressing risk with MMA FOREX is its unregulated status. Combined with a non-functional website and limited information, the broker presents a high potential for fraud or mismanagement. There are no independent user reviews or third-party audits to validate its operations.
FXCanary's Scam Risk Score of 40/100 (Guarded) reflects these uncertainties. Traders should treat this broker with extreme caution, conduct thorough background checks, and preferably opt for regulated alternatives. Always remember that unregulated brokers offer no recourse in the event of a dispute.
Overview compiled by FXCanary from regulatory records and public data. full MMA FOREX review