MMA FOREX Review: Regulation, Spreads & Leverage
STP/ECN broker based in UAE with MetaTrader 4, a $300 minimum deposit and leverage up to 1:500.
- STP/ECN
- 1:500 Leverage
Your money is at risk
In this MMA FOREX review
MMA FOREX overview: what kind of broker is it?
MMA FOREX is an STP/ECN forex and CFD broker based in UAE, founded in 2016. No.
Traders get MetaTrader 4, spreads from 0.1 pips, leverage up to 1:500 and a $300 minimum deposit. New clients can also check the current Yes.
MMA FOREX broker specifications
Company and regulation
| Broker | MMA FOREX |
|---|---|
| Regulated by | No |
| Type of broker | STP/ECN |
| Country | UAE |
| Foundation year | 2016 |
| Website | Visit MMA FOREX website |
| Website languages | English |
Trading conditions
| Minimum deposit | $300 |
|---|---|
| Maximum leverage | 1:500 |
| Minimum spreads | 0.1 pips |
| Base currencies | USD/EUR & More |
| Tradable instruments | — |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | No |
Bonus and promotions
| Current promotion | No |
|---|---|
| Welcome bonus | Yes |
| Standard no deposit bonus | No |
Contact details
| Telephone | +971-4-2399960 |
|---|---|
| support@mmaforex.com | |
| Fax | Not available |
| Head office | Mai Tower, Baghdad Street, Al Nahda 1, Dubai UAE |
MMA FOREX bonus
MMA FOREX promotes a Yes for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the MMA FOREX bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the MMA FOREX website before you claim.
MMA FOREX pros and cons
Pros
- Regulated: No
- Yes for new traders
- Spreads from 0.1 pips, STP/ECN execution
- MetaTrader 4 on every device
- Islamic, mini and VIP accounts
Cons
- No MetaTrader 4 or cTrader
- Bonus comes with trading-volume rules
MMA FOREX account types
MMA FOREX offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $300 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | No |
| Segregated client funds | No |
MMA FOREX trading platforms
MMA FOREX runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
MMA FOREX deposit and withdrawal methods
The same 4 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is MMA FOREX safe and legit?
MMA FOREX is a regulated broker. No.
Our verdict on safety
MMA FOREX is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
Who should choose MMA FOREX?
Good fit for
- Traders who want MT4 and raw spreads
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
- You prefer MT4 or cTrader
MMA FOREX FAQ
Is MMA FOREX regulated?
Yes. No.
What is the MMA FOREX minimum deposit?
The minimum deposit to open a live MMA FOREX account is $300.
Does MMA FOREX offer a bonus?
MMA FOREX currently promotes a Yes for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at MMA FOREX?
Leverage goes up to 1:500. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does MMA FOREX use?
MMA FOREX uses MetaTrader 4.
Does MMA FOREX offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini and mini accounts.
How can I deposit and withdraw at MMA FOREX?
You can use Credit/debit cards, Wire transfer, Neteller and Skrill.