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
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Bonus Offer MMA
MMA FOREXUAE
4.7/5
Regulated byNo
PromotionNo
HeadquartersMai Tower, Baghdad Street, Al Nahda 1, Dubai UAE
Founded2016
Min. deposit$300
Max leverage1:500

Your money is at risk

2016Founded
$300Minimum deposit
1:500Max leverage
0.1Pips from

In this MMA FOREX review

  1. MMA FOREX overview
  2. Full broker specifications
  3. MMA FOREX bonus
  4. Pros and cons
  5. Account types
  6. Trading platforms
  7. Deposits and withdrawals
  8. Is MMA FOREX safe?
  9. FAQ

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

BrokerMMA FOREX
Regulated byNo
Type of brokerSTP/ECN
CountryUAE
Foundation year2016
WebsiteVisit MMA FOREX website
Website languagesEnglish

Trading conditions

Minimum deposit$300
Maximum leverage1:500
Minimum spreads0.1 pips
Base currenciesUSD/EUR & More
Tradable instruments—
Hedging / scalpingAllowed
News tradingAllowed
Trading in publicNo

Bonus and promotions

Current promotionNo
Welcome bonusYes
Standard no deposit bonusNo

Contact details

Telephone+971-4-2399960
Emailsupport@mmaforex.com
FaxNot available
Head officeMai Tower, Baghdad Street, Al Nahda 1, Dubai UAE
FREE

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

  1. Open a live account through the Visit Broker button.
  2. Verify your email, phone number and identity (KYC).
  3. Request the bonus from your client area or from support.
  4. 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 accountYes – practise with virtual money
Mini accountYes – smaller trade sizes for beginners
VIP accountYes – for high-volume traders
Islamic (swap-free)Yes – no overnight swap charges
Managed accountNo
Segregated client fundsNo

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.

MetaTrader 4Desktop

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

Credit/debit cardsWire transfer

E-wallets

NetellerSkrill

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.

4.7 OUT OF 5
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.

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.