Born out of the investment fund company, MMCIS Investments, Forex MMCIS has been offering foreign exchange trading since 2007. Located in Kazakhstan, Latvia, Russia, Saint Vincent and the Ukraine, this brokerage is fully regulated by Russia’s Financial Markets Relation Regulation Centre and serves more than 100,000 traders worldwide (excluding the US).
Acting as a seal of approval over MMCIS’s trading practices, MMCIS’s licence has given it the ability to offer a multi-lingual platform that uses US Dollars as its base currency. Utilising one of the world’s major currencies means that users can enjoy favourable trading conditions regardless of their level of investment.
Although MMCIS has a wealth of experience in the investment industry, its knowledge of the FX world was, initially, less comprehensive. To rectify this problem MMCIS has utilised the services of MetaTrader 4 and through this partnership it has been able to enhance its credentials and create a platform that’s equally profitable for beginners and professionals.
Forex-MMCIS.com’s Special FX:
Financial rewards and incentives make MMCIS standout from the FX crowd. From the moment a trader funds their account they are gifted extra money up to a maximum of 50%. Indeed, for all deposits up to $1,000 a 50% bonus can be achieved and for anything above this amount the following rewards are offered:
$1,001 to $5,000 - 40% bonus.
$5,001 to $10,000 - 30% bonus.
$10,001 to $50,000 - 20% bonus.
$50,000+ - 10% bonus.
MMCIS.com’s generosity doesn’t stop there, however. In a bid to encourage continued activity and development, this broker is prepared to offer more $17,000 in monthly prizes as well as help towards tuition fees.
For those that like to prove there are the best a range of monthly contests are on hand to offer prizes up to $1,000. Beyond this, for those that are still aspiring to be the best, MMCIS is prepared to offer a 50% contribution to any third-party Forex training costs.
Combining all these elements makes it tough for novice traders to ignore the earning potential of MMCIS’s FX platform.
Because MMCIS has the desire to create an even playing field it has put together a single account that caters to the entire spectrum of Forex traders:
Minimum account size = $100
Minimum position size = 0.01 lot
Fixed spreads from 1 pip on major currency pairs.
Expert Advisors are allowed.
Leverage = 1:500
Digits quoted after the comma = 4
Margin call level = 30%
Stop-out level = 10%
Number of currency pairs available = 31 (including 7 exotic)