The MMCIS company was established in 2007 and registered in Saint Vincent and the Grenadines. The firm provided various investment services and the opportunity to trade over 100 instruments for traders worldwide. It positioned itself as an international trading platform.
The official office address of the company was located at: MMCIS Inc., No.1 St. James Place, Paul’s Avenue, P.O.Box 460, Kingstown, St. Vincent and the Grenadines. Despite claims by the CRFIN, the website did not present documents or an official license from the Central Bank of Russia.
International phone was used for client communication, and the well-known MT4 platform was used for trading. Before starting trading, the broker offered the use of a demo account for strategy testing. All company services were provided by professionals with experience in investment solutions.
MMCIS Trading Conditions
The company offered educational programs for beginners, including free webinars and electronic materials. Key features included hedging, automated trading, partnership programs. A bonus system was created for various client actions.
Some client features included:
- 50% bonus on the first deposit,
- automated trading,
- mobile application,
- 24/7 technical support,
- demo account,
- maximum leverage of 500:1,
- spreads from 1 to 3 points.
The minimum initial capital was $100. Popular instruments included currency pair contracts for difference, margin trading on energy resources, precious metals, and stocks.
To use the company’s services, clients needed to go through a registration and verification process. During the broker’s active period, there were offices in various countries, including Russia, Ukraine, Italy, Bulgaria, Kazakhstan, as well as branches in England and France.
Account Funding and Withdrawal from MMCIS
The company offered a wide range of payment systems and e-wallets for its clients without commission fees. The minimum deposit was $100, and there was no limit on the maximum withdrawal amount. Systems used included WebMoney, QIWI, bank cards, international transfers, Yandex.Money, and others.
Conclusion
MMCIS ceased its operations in 2014. It provided clients with a standard set of services, minimal investment requirements, and 24/7 support. For beginners, there were educational resources and the opportunity to open a demo account. However, some information about the company remained inaccessible, including registration data and the presence of a license.