MMCIS
About the MMCIS Brokerage Firm
Established in an offshore jurisdiction, the MMCIS brokerage firm prided itself on offering reliable and informative support to clients throughout their trading journey.
As of 2014, the MMCIS broker ceased its operations, leaving users in search of reviews and feedback.
Trading Options and Platforms at MMCIS
Clients at MMCIS had access to a wide range of trading opportunities, including over 100 financial instruments such as currencies, precious metals, indices, stocks, cryptocurrencies, and various commodities. Energy exchange trading was also available.
The trading platform of choice was MetaTrader 4, with versions compatible with both mobile and desktop devices.
MMCIS Brokerage Firm’s Account Offerings
Prior to engaging in live trading, MMCIS offered free demo accounts to help clients gain essential experience. The minimum deposit required to open a standard account was $100. Clients could benefit from a first deposit bonus of up to 50% and leverage of 1:500.
Deposits and Withdrawals at MMCIS
While specific details about funding and withdrawals were not disclosed by the broker, clients had access to various payment systems, including MasterCard, EasyPay, Perfect Money, City-Pay, WebMoney, QIWI, Intellect Money, and Yandex.Money.
Final Thoughts
In 2014, MMCIS halted its operations and declared bankruptcy, being labeled as a financial pyramid by the media. Reports from public sources indicate that MMCIS led to losses ranging from $150 million to $350 million for its clients.
If you have any experience or feedback regarding MMCIS, we encourage you to share your insights and reviews.
This review has been prepared by the specialists at ExpertsReview.
MMCIS broker provides a variety of trading services, yet their platform might be complicated for beginners.