ModMountLtd has been flagged by Comisión para el Mercado Financiero (Financial Market Commission) for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The mobile app from ModMountLtd is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Multi-device support|Automated trading options
Cons: Desktop app not available on Linux|Alert system is basic
For anyone considering ModMountLtd, please be aware that this company has been flagged by Comisión para el Mercado Financiero (Financial.... This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I want to warn everyone about ModMountLtd. They have been flagged by Comisión para el Mercado Financiero (Financial... as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
If you are reading this considering ModMountLtd - run. I wish I had read more negative reviews after my brother mentioned them. I thought the positive ones were real. Maybe some are. My experience over since I retired last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Reliable uptime|Segregated accounts|Detailed reporting|Clear documentation
Cons: Mobile app could be improved|Charting tools need more indicators
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that ModMountLtd has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. ModMountLtd recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Regular updates|Full transparency|Social trading features|Real-time alerts
Cons: Website design could be more modern|Mobile app could be improved
Do not believe the bonus offer from ModMountLtd. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited when my bank disappointed me and I searched for alternatives and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Demo account available|Stable platform|Segregated accounts|Comprehensive tools
Cons: Would like more payment methods
I closed a profitable position at ModMountLtd and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Regular platform improvements|Automated trading options|Excellent charting
Cons: Search feature is basic
I opened an account with ModMountLtd since last summer ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Fast deposits|Intuitive for beginners|Comprehensive tools|Great customer service
Cons: Would like more payment methods
I want to warn everyone about ModMountLtd. They have been flagged by Comisión para el Mercado Financiero (Financial... as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: No regulatory oversight|Money disappeared|Fake testimonials