MY MAA MARKETS Forex Broker

MY MAA MARKETSReview Summary Founded2024-05-27 Registered Country/RegionMauritius RegulationUnregulated Market InstrumentsForex, Indices, Shares, Cryptocurrencies, and Metals Demo Account❌ LeverageUp to 1:500 SpreadFrom 0.0 pips (USDUSD, standard) Trading PlatformMT5 (Desktop and Mobile) Min Deposit$250 Customer Support+971 58 507 7101 support@mymaamarkets.com Facebook, Instagram, Twitter, LinkadIn, YouTubeMY MAA MARKETS Information MY MAA MARKETS LTD is an online trading broker dedicated to providing users with trading services for diversified assets such as forex, cryptocurrencies, indices, and metals. The platform uses the industry-leading MetaTrader 5 (MT5) trading software, supporting automated trading strategies (EA) and analysis of 30 technical indicators, covering over 275 trading instruments. MY MAA MARKETS is suitable for users seeking low-threshold, high-leverage, and low-cost trading, especially experienced high-frequency traders and high-net-worth clients.Pros and Cons Pros Cons Spread as low as 0 pipsUnregulated Leverage up to 1:500High threshold for premium accounts 24/7 customer supportPredominantly in English MT5 availableNo information about bonusesIs MY MAA MARKETS Legit? MY MAA MARKETS is not regulated. Even though it claims to hold a regulatory license issued by the Mauritius Financial Services Commission (FSC), novice traders are advised to prioritize regulated brokers (such as those regulated by the UK's FCA or the US's CFTC).What Can I Trade on MY MAA MARKETS? The MY MAA MARKETS platform offers over 275 trading instruments, including forex, cryptocurrencies, indices, metals, and shares. Tradable Instruments Supported Forex✔ indices✔ Shares✔ Cryptocurrencies✔ Metals✔ ETFs❌ Bonds❌ Mutual Funds❌Account Type The platform offers 4 types of accounts to meet different trading needs: Account Type StandardTraderPremium VIP Minimum Deposit$250$1,000$5,000$10,000 Spread Start0.3 pips0.2 pips0.1 pip0 pips Commission$0$0$7 per lot$5 per lot Leverage1:5001:5001:5001:500 Suitable ForBeginner/small tradersHigh-frequency tradersHigh-volume tradersInstitutional/HNW tradersMY MAA MARKETS Fees The spread of the MY MAA MARKETS standard account starts from 0.3 pips, and the VIP account can enjoy 0 pips. There is no commission for the standard account or the trader account. The premium account charges $7 per lot, and the VIP account charges $5 per lot.Leverage All accounts uniformly offer a maximum leverage of 1:500, suitable for experienced traders.Trading Platform Traders can use the MT5 interface, which supports desktop and mobile devices (available for download on the App Store/Google Play). Trading PlatformSupported Available Devices Suitable for MT5✔Desktop and MobileExperienced tradersDeposit and Withdrawal MY MAA MARKETS supports deposits via VISA, MasterCard, PayPal, bank transfer, Neteller, Skrill, etc., with instant account crediting. Withdrawals use the same deposit channels, are processed within 2 hours, and incur no fees. The default account currency is US dollars.