logo
English

Broker

Account

Safe

Review

Trade

Search

Regarding the legitimacy of Modmount forex brokers, it provides a comprehensive investigation into the security aspects of regulatory FSA,CYSEC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Risk Control

Risk Manage

License

CYSEC Suspicious Clone

Is Modmount safe?

The regulatory license is the strongest proof.

Retail FX

FSA Retail Forex License

The Seychelles Financial Services Authority

The Seychelles Financial Services Authority

Regulatory Agencies Introduction
  • Current Status:

    Offshore Regulated
  • License Type:

    Retail Forex License
  • Licensed Institution:

    Modmount Services Limited Modmount Services Limited
  • Effective Date:

    --
  • Email Address of Licensed Institution:

    info@modmountltd.com
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    https://www.modmountltd.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    Unit S41C, Espace Building, Le Chemin De La Fraternite, Ile Du Port, Seychelles
  • Phone Number of Licensed Institution:

    (+248) 2608375
  • Licensed Institution Certified Documents:

11 name
STP

CYSEC Straight Through Processing(STP) 12

Cyprus Securities and Exchange Commission

Cyprus Securities and Exchange Commission

Regulatory Agencies Introduction
  • Current Status:

    Suspicious Clone
  • License Type:

    Straight Through Processing(STP)
  • Licensed Institution:

    Peaksight Ltd Peaksight Ltd
  • Effective Date:

    2023-12-11
  • Email Address of Licensed Institution:

    compliance@peaksightltd.com
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    www.peaksightltd.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    Office 204, P. Lordos Center, Block B, Corner Makarios Avenue 240 & Vyronos 1 Street, 3105 Limassol, Cyprus
  • Phone Number of Licensed Institution:

    +357 25 008 330
  • Licensed Institution Certified Documents:

11 name

Is Modmount a scam, or is it legit?

The latest exposure and evaluation content of Modmount brokers.

No reply
This platform has made me shy and no longer responds to me, nor my calls, nor my communication with their mother, they promised me to trade with them and communicate with someone, but it is all lies and fraud, they took the amount of $ 300 and the communication ended
All the funds were gone in one night
Mark asked me to deposit money and kept calling me. When I found that there was a problem and wanted to withdraw money, I was not allowed to withdraw money because the margin was lower than the safe value. There is no stop loss in investment, and the losses are increasing. Mark says this is not a real loss, I have to believe him. This is a scam. In just one night, more than 5,000 US dollars were gone. I do not recommend this platform at all.
They kept asking me to deposit money, and finally my position was liquidated and I lost a loss of 20,000 US dollars.
They kept asking me to deposit money, and they kept asking me to find a way to borrow money, but I said I couldn't. Robert said that was my business. The person who helped me with the operation was MARK. He called me every day. The day before I was about to liquidate my position, he said he would find a way to protect my investment. As a result, all my money was gone the next morning. I invested 20,000 US dollars, and it was all gone. Then they disappeared and stopped contacting me. Never trust this kind of departure supervision, there is no guarantee at all. The second time he promised me that he would pay me back, he broke his promise. These 20,000 US dollars were all borrowed, and they would only ask me to get the money out. If there was a profit at that time, they would not give me the money.
Unable to make a profit, trading for customers, deliberately losing money...
In mid-February, I was tricked into leaving my personal information on Facebook. Later, Modmount Services Ltd staff called me and said that they had opened an account for me. They then continued to press me to deposit money, and the entire process was handled by two staff from the company (one person). A person named Mark and another named Robert (hereinafter referred to as the company representative) conducted transactions for me (completely without my consent). I made multiple deposits totaling more than 13,000 US dollars. After that, the company representative forcibly traded for me and deliberately made losses (only I set a stop-profit but did not set a stop-loss). My capital lost nearly 7,000 US dollars. I asked for a stop-loss many times to no avail. Finally, I forcibly closed the position and requested a withdrawal (withdrawal), but Modmount refused my withdrawal without any reason.
Modmount's latest industry rating score is 4.64, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Modmount If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.