Fast Facts
| Founded: | Account Currencies |
| 2022 | EUR, USD, GBP |
| Trading Instruments: | Trading Platforms: |
| Forex, Stocks, Commodities, Indices, Crypto, CFDs | ModMount WebTrader, Mobile App |
| Funding Methods: | Regulation |
| Credit/Debit Cards, Bank Wire Transfer | FSA |
| Max Leverage: | Min Deposit: |
| 1:400 | $250 |
Contact Info and Support
Company Address: Room B11, First Floor Providence Complex, Providence, Grand Anse Mahe (SC-13), Seychelles.
Pros and Cons
| Pros | Cons |
| Diverse Asset Access | High Inactivity Fees |
| User-Friendly Platform | High Spreads |
| High Leverage | Lower-Tier Regulation |
| Regulated Entity | Slow Withdrawals |
| Safety Features | No MT4/MT5 |
Deposits / Withdrawals
- Deposit Methods:- Credit/Debit Cards, Bank Wire Transfer
- Withdrawal Methods:- Credit/Debit Cards, Bank Wire Transfer
About ModMount
ModMount is one of the online CFD brokers that was established in 2022 in Seychelles and specializes in forex, indices, commodities, stocks, and cryptocurrency trading. This broker uses its own proprietary WebTrader platform, which offers traders different trading options. ModMount focuses on customized accounts, educational resources, market analysis services, and a leverage ratio which is comparatively very high at around 1:400.
ModMount is regulated by the Seychelles Financial Services Authority (FSA). This regulatory body is considered to be an offshore authority. Although ModMount offers such advantages as data encryption and trading instruments, it does not have rigorous regulation from top-notch regulators like the FCA or ASIC. The online reputation of ModMount is rather controversial, with some customers pointing to their distrust and unreliability.