About MMC
Company Overview
MMC is a forex and CFD broker registered in the United Kingdom, with a stated founding date of October 12, 2022. The broker operates through the domain matsudacrm.com and lists its registered address as Flat 32, Adventures Court, 12 Newport Avenue, London, E14 2DN. Despite being registered in the UK, MMC does not hold a license from the Financial Conduct Authority (FCA) or any other known financial regulator.
The broker presents itself as offering multi-asset trading services, including forex, indices, spot metals, commodities, shares, and cryptocurrencies. It caters primarily to retail traders by offering several account tiers with varying minimum deposits and high leverage options.
Regulation and Licensing
According to our records, MMC currently operates without any regulatory oversight from a financial authority. The absence of a license from a reputable regulator such as the FCA, CySEC, or ASIC is a significant consideration for traders, as it means the broker is not subject to standard investor protection schemes, capital adequacy requirements, or dispute resolution mechanisms.
Traders should be aware that unregulated brokers offer limited recourse in the event of disputes or financial difficulties. FXCanary advises traders to exercise caution and verify the broker's regulatory status independently before committing funds.
Account Types
MMC offers four distinct account types: Cent, Islamic, Prime, and StMMCrd. The Cent account requires a minimum deposit of $20 and is designed for new or risk-averse traders seeking to trade in smaller lot sizes. The Islamic account, with a $50 minimum deposit, is a swap-free option suited to traders who observe Sharia law.
The Prime account has a higher minimum deposit of $1,000 and is likely aimed at more experienced traders requiring tighter spreads or enhanced features. The StMMCrd account also starts at $50, though its specific features are not detailed. All accounts offer a maximum leverage of 1:500, which is considered very high and can amplify both gains and losses.
Trading Instruments
MMC provides access to a range of asset classes including forex, indices, spot metals, commodities, shares, and cryptocurrencies. This diversification allows traders to speculate on various markets from a single platform. However, the broker does not disclose the number of instruments available or specific trading conditions such as spreads, commissions, or execution models.
Potential clients should seek clarity on these details directly from the broker, as aggregated industry data does not provide independent verification of the trading environment.
Leverage and Trading Conditions
All account types at MMC offer a maximum leverage of 1:500. While high leverage can increase potential profits, it also significantly raises the risk of substantial losses, especially in volatile markets. Brokers offering such high leverage without regulatory oversight may pose additional risks.
Other trading conditions such as spreads, commissions, and platform availability are not specified in the available information. Traders are encouraged to review the broker's website or contact customer support for detailed fee structures and execution policies before opening an account.
Overview compiled by FXCanary from regulatory records and public data. full MMC review