Modmount Review 2023 – Dare to Take Over the Market

Modmount Review
Seychelles
FSA of Seychelles
Retail Forex License
SD119
Benchmark
Influence
Score
License Index | 8.36 |
Business Index | 7.16 |
Risk Management Index | 9.58 |
Software Index | 9.77 |
Regulatory Index | 6.95 |
As per ModMount, trading meets bravery in their platform. However, we are not sure yet about this statement by the. We will find this out and give you a final take through this ModMount review.
We have found that their professional team is committed to providing top-notch services, guided by the principles of financial terms, self-fulfillment, trading community, and embracing challenges. At ModMount, they empower you with cutting-edge services and handy trading tools aligning with your market aspirations and the courage it takes to realize financial goals. You can trust that ModMount is officially approved and overseen by the Financial Services Authority (FSA) of Seychelles. This means they operate in a safe and regulated trading environment. Their license is SD119, and their registration number is 8426105-1.
ModMount Review: Quick Summary
🏢 Headquarters | Seychelles |
📆 Established | 2022 |
🗺️ Regulation | FSC Mauritius, Regulatory License Number GB22200605 |
🖥 Platforms | WebTrader |
📉 Instruments | Indices, Forex, Crypto, Stocks, Commodities |
💳 Minimum Deposit | $250 USD |
💰 Deposit Methods | Credit/Debit Cards, Wire Transfer and APMs. |
📱 Mobile Trading | No |
🌍 Web Trading | Yes |
🎢 Maximum Leverage | Up to 1:400 |
☎ Customer Support | 24/7 |
ModMount Review: Trading Accounts
ModMount offers five types of accounts to give flexibility to all types of traders. Let’s get to know the detailed features of the accounts.
Classic Account
Start your trading as a newbie Classic Trading Account, offering unparalleled flexibility. Confront market challenges with professional tools, trading 160+ assets with variable spreads from 0.07 pips and zero commissions.
Silver Account
Step into the global forex trading arena with the Silver Account’s flexible trading conditions. Trade 160+ assets with variable spreads from 0.07 pips, enjoying professional tools without commissions.
Gold Account
If you have some experience, you can dive into the international market confidently. The Gold Account provides CFDs on 160+ assets, 60+ analytical tools, and flexible trading conditions with no commissions.
Platinum Account
Advanced traders can conquer market challenges with premium conditions. Enhance your trading experience with flexible spreads from 0.03 pips, trading 160+ CFDs with 0% commissions.
VIP Account
Tackle obstacles with VIP trading terms, enjoying professional tools and flexible conditions. Trade 160+ assets with variable spreads from 0.07 pips, commission-free.
Common Features of All Accounts
- Free Support
- Negative Balance Protection
- Free Trading Education
- Zero commissions on deposits
- Max Forex leverage up to 1:400
- Dedicated multilingual support
- Advanced analytical instruments
- Available currency pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more
Risk Management of ModMount Broker
- Margin Call: 100%
- Stop Out: 20%
- Minimum Volume Per Trade: 0.01
- Maximum Volume Per Trade: 50
Please note: Charts for SILVER, GOLD, and PLATINUM accounts display market spreads without markup. Trading hours may change, and liquidity providers may adjust schedules based on market conditions.
ModMount Ltd Review: Markets
Explore numerous financial opportunities with ModMount’s diverse asset offerings. From indices to cryptocurrencies, stocks, forex, and commodities, ModMount helps to navigate these markets with confidence and expertise.
Indices
Indices help you see how specific parts or whole industries are performing. ModMount allows you to show your financial skills by trading CFDs on global indices. You’ll enjoy benefits like no commission fees, leverage up to 1:50, advanced financial reports, and support in multiple languages.
Forex
Take advantage of opportunities in the changing forex market using great analytical tools and flexible trading conditions. With CFDs on 45+ currency pairs, real-time market notifications, and a comprehensive educational hub, ModMount gives you the tools to navigate the largest financial market in the world.
Cryptocurrency
Trade in the cryptocurrency market without actually owning the assets. ModMount offers CFDs on popular cryptocurrencies, allowing you to speculate on price changes. Enjoy tight spreads, 24/7 customer support, real-time market data, and exclusive educational materials for a successful crypto trading experience.
Stocks
Challenge yourself by trading CFDs on major global companies like Google, Microsoft, and Tesla. With CFDs on 150+ stocks, instant market notifications, and a professional analytical toolkit, ModMount provides a gateway to the world of stock trading. Say goodbye to commission fees and unexpected charges.
Commodities
Trade CFDs on 20+ popular commodities, predict price movements and use 60+ analytical tools. ModMount ensures a commission-free experience with instant market notifications and a dedicated customer support service.
ModMount Review: Webtrader Trading Platform
Overcome market challenges easily with ModMount WebTrader, your door to global financial opportunities. This easy-to-use platform ensures you’re always in charge and accessible from any device, so you never miss a trading chance.
User-Friendly Interface
ModMount WebTrader has a simple interface made for easily setting up market alerts. Customize the platform to match your financial goals and quickly act on emerging opportunities. The customized platform design makes it easy for you to navigate the complexities of trading.
Security Measures
ModMount WebTrader uses top-notch technology and data encryption to create a secure trading environment. Trade with confidence, knowing your financial transactions are protected.
Other Features
- Access to Global Markets:Trade freely with access to 160+ CFDs on popular assets like Forex, commodities, cryptocurrency, indices, and stocks.
- Advanced Analytical Instruments:Use 60+ professional analytical tools to customize instant notifications and develop a successful trading strategy.
- Trading History:Research the details of your past deals. Analyze your trading history to improve your skills and maintain control over your finances.
- Multilingual Professional Support:Our dedicated support representatives are always ready to assist you. No matter the challenge, professional help is just a message away.
Additional Features Include
- 160+ CFDs on the most popular assets
- 1-click account switching
- Real-time rate streaming
- Instant price alerts
- Stop Loss / Take Profit tools
- Simple interface for seamless navigation
- Dedicated live support for real-time assistance
ModMount Review: Deposit and Withdrawal
ModMount ensures a seamless financial experience for all traders. Hence, it offers multiple deposit options to cater to different customers’ preferences.
Deposit
ModMount provides its customers with various options to add money to their trading accounts. Traders can choose from different methods, such as wire transfers, where money is directly added by moving it between bank accounts. Another option is using debit or credit cards, allowing users to securely connect their cards to deposit money into their trading accounts. Additionally, ModMount accepts Alternative Payment Methods (APMs), including e-wallets and other well-known online payment systems.
Withdrawal
When it comes to withdrawing funds, ModMount has specific policies and fees in place. When using wire transfers, the smallest amount you can withdraw is 100 EUR/USD. For credit card withdrawals, the minimum amount is 10 EUR/USD. Withdrawals through e-wallets and debit/credit cards incur a 3.5 percent fee, with a 30 EUR/USD charge for wire transfers.
ModMount also implements a 10 EUR/USD maintenance fee. In addition, there is an 80 EUR/USD charge for accounts inactive for up to two months, increasing to 120 EUR/USD for accounts idle for up to six months. For accounts inactive for over six months, the cost further rises to 200 EUR/USD. These measures ensure transparency and help users effectively manage their funds while trading with ModMount.
ModMount Trading Central
ModMount’s Trading Central Tool is more than just data. It’s like an element that helps you find hidden chances and improve how you trade. With its award-winning solutions and access to independent research, this tool gives traders insights that really make a difference in their trading experience. The easy-to-use design, combined with automated AI analytics, makes it simple for any trader to confidently navigate global markets. Here are the key features of ModMount Trading Central.
Discover Hidden Opportunities
The Trading Central tool goes deeper than just surface-level information. It uncovers opportunities that might not be obvious right away, letting traders explore different perspectives and make smart decisions.
Learn to Time Your Trades
Knowing when to make a trade is super important. With Trading Central, you learn how to time your trades well, making sure you enter and exit the market at the best moments.
Get New Market Insights
Stay ahead of the game by getting new insights into the market. This tool provides valuable information that can shape your trading strategy and how you make decisions.
Manage Risks
Being smart about managing risks is a big part of successful trading. Trading Central gives traders the tools and information they need to handle risks in a smart way.
Economic Calendar
Customize your trading account to fit your preferences with a fully personalized economic calendar. Take control of your open/closed positions, use a bunch of analytical tools, and set up market notifications that match your trading style.
Technical Views
Access top-notch research and a strong pattern recognition solution through Technical Views. This feature helps optimize your trading strategy by providing valuable technical insights.
TC Alpha Generation Indicators
Find new trading opportunities with Trading Central’s MT4 indicators, including Analyst Views, Adaptive Candlesticks, and Adaptive Divergence Convergence (ADC). These indicators show market psychology, giving you a deeper understanding of how the market works.
ModMount Review: Customer Support
At ModMount, the broker has got your back with customer service that’s accessible and attentive. Reach out to them via email, live chat, or phone from Monday to Friday, 12:00 - 21:00 GMT. Whether you’re facing a challenge, need clarification, or simply want to discuss your trading journey, ModMount customer support is there to assist you.
Conclusion
In our journey through ModMount’s features, it’s evident that the platform combines a commitment to service excellence with a robust regulatory framework. As we dive deeper into specific aspects, our final ModMount review aims to provide a comprehensive understanding for traders seeking a secure and feature-rich trading experience. Hope you find it helpful and take your decision.