In this section we will analyze the broker MMFINANCIALEXPERTS, is a Forex and CFD broker. Is MMFINANCIALEXPERTS really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You may be wondering why we reviewed MMFINANCIALEXPERTS. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Elit Property Vision LTD.
As to its location, the broker mentions being based in: Bulgaria.
If we analyze the regulation of the broker: since MMFINANCIALEXPERTS does not mention anything about being a regulated company, we believe that it is an unregulated broker.
If now we go on to analyze account types offered by MMFINANCIALEXPERTS, we note that they offer 8 different account types: Trial Account, Micro Account, Standard Account, Silver Account, Platinum Account, Sapphire Account, Trader Account and Business Account. We leave an image with a little information about each type of account.
Trial Account- $ 1.000 minimum initial deposit, 1: 200 leverage, guided trading, quarterly reports, withdrawals within 1-5 days.
Micro account- $ 5.000 minimum initial deposit, 1: 200 leverage, guided trading, quarterly reports, withdrawals within 1-5 days.
Standard Account- $ 10.000 minimum initial deposit, 1: 200 leverage, guided trading, quarterly reports, withdrawals within 1-5 days.
Silver Account: minimum initial deposit of $ 25.000, 1: 200 leverage, guided trades, special stock reports, withdrawals in 48 hours, 10% discount on spread, risk-free operations.
Platinum Account- Minimum initial deposit of $ 50. 000, 1: 300 leverage, guided trades, special stock reports, withdrawals in 48 hours, 15% discount on spread, risk-free operations, extra 3% monthly interest.
Sapphire bead- Minimum initial deposit of $ 70. 000, 1: 400 leverage, guided trades, special stock reports, withdrawals in 24 hours, 20% discount on spread, risk-free operations, extra 4% monthly interest.
Trader Account- Minimum initial deposit of $ 100. 000, 1: 500 leverage, guided trades, special stock reports, immediate withdrawals, 50% discount on spread, risk-free operations, extra 5% monthly interest.
Business account- Minimum initial deposit of $ 750. 000, 1: 500 leverage, guided trades, special stock reports, immediate withdrawals, 50% discount on spread, risk-free operations, extra 7% monthly interest.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that MMFINANCIALEXPERTS offers are: we believe that MMFinancialExperts' own platform.
We will now analyze the different resources and aids for traders that MMFINANCIALEXPERTS provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
MMFINANCIALEXPERTS provides the following help or resources to traders or interested parties: very basic explanation and without going into detail about the services that MMFINANCIALEXPERTS offers, information about the products it offers, some live graphics, some educational sections, not much more than this.
Other information about MMFINANCIALEXPERTS
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: unmentioned
Email: [email protected]
>>> Valuation on MMFINANCIALEXPERTS <<
Ending with this section, in our opinion Do we believe that the MMFINANCIALEXPERTS company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is based in unsafe countries (Bulgaria), when looking for valuations on MMFINANCIALEXPERTS we could not really find much, which makes us think that it is about a “new” company, CONSOB (Italian regulator) has warned about MMFINANCIALEXPERTS. We suggest using caution.
The broker is related to companies with too many complaints and some of these companies have already been warned by various European financial regulators, companies such as Bitcoinie, Wellington Investments, Briton price, Capital 245 y Richmond FG (Richmond Financial Group), among other companies.
October 2019 update: CNMV, Spanish regulator, has warned about MMFINANCIALEXPERTS, we suggest extreme caution. CNMV also warns that MMFINANCIALEXPERTS is linked to WWW.CAPITAL245.COM, WESTWOODOFE.COM, WWW.BITCOINOIE.COM, WWW.JBCAPITALS.COM and WWW.XCOINBROKER.COM
November 2020 update : according to comments and emails received from customers, we note that MMFINANCIALEXPERTS is linked to a group of brokers, with a very bad reputation, a large number of complaints and numerous complaints in various European regulators. The group includes brokers such as: Bitcoinie, Briton price, btcbrokerz, btcswing, Capital 245, CapitalPro Investments, carterfs, ciscotrades, executiveprofx, EverestBTC, Fly Financial Group, jbcapitals, Lockwood Investments, Merkell Group, MMFINANCIALEXPERTS, redfordfx, richmondfg, Stanford Finance Group, stanleyscapital, T Digital Coin, tradeprofitweb, topcmarket, Wellington Investments, WTC Investment y xcoinbroker. WE SUGGEST EXTREME CAUTION
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
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