• ModMount

ModMount

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Overview

ModMount has a rating of 3.1 stars from 56 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with ModMount most frequently mention support team. ModMount ranks 20th among Currency Trading sites.

  • Service
    16
  • Value
    15
  • Quality
    14

This company responds to reviews on average within 20 hours

Positive reviews (last 12 months): 71.1%
Positive
27
Neutral
1
Negative
10
2
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How would you rate ModMount?
Top Positive Review

“The pricing is actually really fair”

Darren P.
2/18/24

The platform is very easy to understand. The pricing is actually really fair considering their incredible service that they provide. If you have any issues you will get almost an immediate reply, within 1 hour I had all the solutions and answers that I was looking for.

Top Critical Review

“Misleading and bullying”

B B.
2/5/24

I saw a misleading post about Michelle Yeoh finding a good trading app on FB which led me to sign up. Obviously, it was a not a real post from The Star. See pic below. The website address isn't even The Star. But quite honestly, their agents are fast acting, in less than 15 mins, I already got a call then they assisted me with the deposit. But reading more about the reviews online of traders and seeing their interface, I immediately took my money out. I don't know how to navigate the system and they are asking several documents. Then I got a call again from one of the brokers asking me why I withdrew my money, I just said I don't want to engage anymore. Then later at night, someone called me again explaining how to trade via leverage trading. I don't have time for that anymore. I just want my money back. THEN HE PROCEEDED TO BULLY ME INTO LETTING MY MONEY STAY IN THE ACCOUNT. Saying it's so weird for him that just in hours, I withdrew my money. So I explained to him that first, I DIDN'T APPRECIATE THAT MODMOUNT USED A MISLEADING POST FOR PEOPLE TO JOIN THEIR TRADING PLATFORM. DID MICHELLE YEOH, STEPHEN COLBERT, & MALAYSIAN GOVERNMENT EVEN KNOW YOU ARE USING THEM TO PROMOTE YOUR PRODUCT, AND THAT IT IS MISLEADING BY NATURE? TRUST OUT OF THE DOOR. Second, IT'S MY MONEY. IF I WANT TO WITHDRAW IT, THEN I WILL WITHDRAW IT. PERIOD. This is a trading platform and it involves money. Do your promotions in a clean way. Honestly, you have a lot of potential but you move like a scammer in your ads. Sharing the article link here to prove my encounter: https :// web.marketfinancialpro.com/cPV8rfb1?utm_campaign=rk1+my&utm_source=fb&utm_placement=Facebook_Desktop_Feed&campaign_id=*******405&adset_id=*******005&ad_id=*******005&adset_name=adset1+—+Копия&ad_name=4&fbclid=IwAR1GCn2mOIFre-J5Tw2vX6iQWwpSIurTe41eF6cPNBKeY-dEW9Edr-T9SX4

Reviews (56)

Rating

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Thumbnail of user julies3563
1 review
0 helpful votes
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October 2nd, 2024
Verified purchase

I am writing to express my deep concern about the significant decline in my funds with Modmount. Despite the agent's promises of profitable trading with her 20 YEARS claimed of experience in Forex, I am now in a dire financial situation. They have consistently pressured me to make additional deposits in US dollars, which I can no longer afford. This has forced me into substantial credit card debt due to the investments I made based on their guidance.
From the very beginning, all trading activities were conducted under their instructions, as I am a complete novice in Forex trading. I never made any independent trades. The initial deposit required to open an account with them is USD 250. However, they later request additional funds to reach a total of USD 5,000. An agent named Jedidah N. Would call me daily to direct my trades, deciding whether to buy or sell. The total Swap fees (charges for using their platform) exceeded the small profits made, which ultimately disappeared. It has become clear to me that this was a deceptive scheme, designed to generate profit for their platform at the expense of my investments. They continued calling, asking for additional funds, claiming it was for risk management purposes. When you notice your funds dwindling, Modmount scammers will offer 'support credit'—funds that cannot be withdrawn and can only be used on their manipulative trading platform. This tactic drives you further into negative profits, leaving you increasingly indebted to them.

Modmount is a fraudulent company. They will deplete your hard-earned savings through a manipulated Forex trading platform. They use multiple phone numbers, often starting with the country code +44, claiming to be based in the UK. However, their accents and manner of speaking suggest they are actually operating from India. They are relentless in their calls, trying to deceive people. As someone who works hard every day to support my household, it's disheartening to see such scams destroy lives. These individuals will eventually face the consequences of their actions.
I am saddened and desperate to recover the funds I have put into Modmount. I emailed Optera Securities to report how I was scammed online, but only to find out that Optera Securities has been linked to fraudulent activities, particularly in connection with Modmount scam. An individual using the alias Ludwig Kane poses as a helpful figure, offering to assist victims in recovering lost funds. However, this is a deceptive tactic aimed at gathering evidence that victims may have against Modmount.
I first realized I was being scammed when the agent opened two trades on USD/JPY with the same volume—one as a sell and the other as a buy. This made me suspicious, as it seemed she was either unsure of the market direction or did it intentionally to trap me in their platform. I also noticed that many of my trades remained open for weeks without the option to close them, while the swap fees kept increasing and were eventually deducted from the profits, which had taken a long time to materialize. As a result, only minimal profit was made in the end.
Furthermore, the agent kept insisting that I deposit more funds because the margin level was dropping below 200%. I repeatedly told her that I couldn't add more money, as my bank had already begun collecting for the funds charged to my credit card that were deposited with Modmount. As time went on, the negative profits quickly escalated due to their manipulative trading practices. This is how they gradually drain your funds to zero.

Truth be told.
Julie Sy from Philippines
Modmountltd account number *******

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Julie,

Thank you for your review and we appreciate your feedback. We would like to inform you that our team is working diligently to resolve the issue you have reported and please note we are committed to resolving it as quickly as possible.
We appreciate your patience and understanding in this matter.

ModMount

Thumbnail of user mfw.lovatt
1 review
0 helpful votes
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September 20th, 2024

I almost made an investment based on a news report which I since found out was fake. Fortunately my wife intervened and they rang off. To

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Mark,

We have updated the relevant department about your review and they will contact you as soon as possible for assistance.

You can contact them directly if you wish via:
support@modmountltd.com
Live Chat
+447701421264

Modmount

Thumbnail of user lebboc
3 reviews
9 helpful votes
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June 14th, 2024

Don't fall for this scammers, they will pretend to be good individuals from the beginning just to take your money and run with it. I started with the initial deposits until they came up with lies and false promises about a good return of investment. I fell for it and for months my money was stuck with them, i recently started a chargeback process with a team of skilled investigators who has successfully returned my money. I am so happy to share this now that i have my money back and also with the hope to help any victim of this platform, my email is on my profile write me i have proofs i can help you.

Service
Value
Quality
Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Lebbo,

We would like to clarify that your review has been flagged as fake, an attempt to solicit clients using our brand name falsely.

Modmount

Thumbnail of user darrenp255
1 review
0 helpful votes
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February 18th, 2024

The platform is very easy to understand. The pricing is actually really fair considering their incredible service that they provide. If you have any issues you will get almost an immediate reply, within 1 hour I had all the solutions and answers that I was looking for.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Darren,

Thank you for your kind words about our platform and service! We're delighted that you find the platform easy to understand and that you received prompt assistance when needed. If you encounter any further issues or have any questions, please reach out to us anytime.

ModMount

Thumbnail of user pablom230
1 review
0 helpful votes
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February 15th, 2024

Modmount is a regulated forex broker that offers very reliable trading platform. Many options to deposit money, fast withdrawals. Large selection of stocks and also currency pairs to open positions on. I cant say anything negative, everything has been seamless with them.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Pablo,

Thank you for your review, we appreciate your positive feedback about ModMount! We're here if you need any assistance.

ModMount

Thumbnail of user johnm13941
1 review
0 helpful votes
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February 18th, 2024

Their application is extremely easy to use, there is a wide choice of assets to invest in. Low deposit or withdrawal fees for any transactions between your bank and trading account.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear John,

Your feedback is valued! We're pleased to know that you find our application easy to use and appreciate the wide choice of assets available. Should you have any questions or need assistance with deposits or withdrawals, we're here to help.

ModMount

Thumbnail of user garyc2323
1 review
0 helpful votes
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February 16th, 2024

Their support team has been there from the beginning and helped me with my account. I would like to thank each employee I have spoken with so far as well as the founder of this incredible platform.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Gary,

Thank you for your feedback! We're delighted to hear that our support team has been helpful to you since the beginning of your journey with us. Rest assured, we'll continue to provide the same level of support and assistance moving forward. If you ever have any questions or need further assistance, please don't hesitate to reach out.

ModMount

Thumbnail of user patrickp1045
1 review
0 helpful votes
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February 17th, 2024

I have traded with Modmount for the past weeks and they have really proven themselves as my favorite broker. It just proves the online reviews are not always trustworthy.

Service
Value
Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Patrick,

We appreciate your feedback regarding your experience with ModMount. It's great to hear that they have become your favorite broker. Remember, we're here to assist you whenever you need support.

ModMount

Thumbnail of user peterc2453
1 review
0 helpful votes
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February 16th, 2024

Had a fantastic experience with ModMount, User- friendly interface, responsive support, transparent fees, and valuable educational resources. Swift trade execution and top-notch security.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Peter,

Thank you for your feedback and appreciation! We're delighted to hear that our support team has been helpful to you since the beginning of your journey with us. If you ever have any questions or need further assistance, please don't hesitate to reach out. We're here for you!

ModMount

Thumbnail of user liamb206
1 review
0 helpful votes
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February 17th, 2024

I received my funds almost within 24hours which left me really impressed. This is an amazing speed and I will continue to use them as my main trading provider now. I am quite satisfied.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Liam,

Thank you for sharing your experience! We're glad to hear that you were impressed with the speed of your fund withdrawals. Should you need any further assistance, please feel free to reach out to us.

ModMount

Thumbnail of user ryana754
1 review
0 helpful votes
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November 23rd, 2023

Extensive knowledge of stocks and excellent customer service skills. They had great patience and talked me through how to manoeuvre around, answering any queries I had thoroughly and Highly recommend.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Ryan,

Thank you for your kind words! We're pleased to hear that you found our team to have extensive knowledge of stocks and excellent customer service skills. We're committed to providing patient and thorough assistance, and we're thrilled that we could help you navigate and address your queries. Your recommendation means a lot to us. If you ever have more questions or need further assistance, feel free to reach out.

Best regards,
Modmount Ltd

Thumbnail of user magnust6
1 review
0 helpful votes
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November 26th, 2023

Unfortunately sometimes the spread could be quite huge for gold till the pending order was triggered. Stop loss wasn't tight also as it usually will close my trade few pips more than my set stop loss. But this can happen also with other brokers. Have not got the chance to try withdrawal yet as I kept losing for the time being.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Magnus,

Thank you for your feedback. We've noted your concerns and we're actively working to improve these aspects for a smoother experience.
If you have further observations, please share.

Best,
Modmount Ltd

Thumbnail of user seanc1100
1 review
1 helpful vote
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July 31st, 2023

Shad my agent was shocked how much understanding I have! I am happy to leave my review and say - start using this platform two months ago I found it in facebook by mistake, not the only platform I use but good one.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Lesego.

Thank you for choosing our service. We're glad to hear that your experience was a positive one. Please don't hesitate to contact us if you need any further assistance.

ModMount Ltd

Thumbnail of user jesuss312
1 review
0 helpful votes
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February 18th, 2024

I feel like I am in great hands here, I would highly like to recommend this platform to everyone new to trading like myself, especially their staff has been more than helpful.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Jesus,

Thank you for recommending our platform! We're thrilled to hear that our staff has been helpful to you. If you or anyone else new to trading requires assistance, don't hesitate to get in touch with us.

ModMount

Thumbnail of user lawrencem790
1 review
0 helpful votes
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January 8th, 2024

The Platform is well organised and easy to use. There is very useful indicators that helps in making decisions when to enter the market and when not. And also Modmountltd is very easy to use. Thanks for all of this.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Lawrence,

Thank you for your positive feedback! We're happy to hear that you find the platform well-organized and user-friendly. We appreciate your support, and if you have any further questions or feedback, feel free to reach out.

ModMount

Thumbnail of user jacka894
1 review
0 helpful votes
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February 19th, 2024

I think this is very important if you want to make sure your funds are safe when trading on the financial markets and not face any issues with withdrawals.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Jack,

We couldn't agree more! Ensuring the safety of your funds and facilitating hassle-free withdrawals are top priorities for us. We're committed to maintaining the highest standards of security and efficiency to protect your assets and provide you with peace of mind while trading.

ModMount

Thumbnail of user dylanw364
1 review
0 helpful votes
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February 19th, 2024

Mobile application is working. I had some problems at the beginning everything was not working. Thanks to the modmount team that helped me with the setup and everything else.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Dylan,

Thank you for your kind words! We're thrilled to know that you have confidence in our services and that we've met your expectations. Rest assured, we're dedicated to ensuring the safety of your funds and providing you with a seamless trading experience. Feel free to reach out to us anytime you need assistance.

ModMount

Thumbnail of user friedrichf5
1 review
0 helpful votes
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July 19th, 2023

I actively trade on their website and never had any issues with it, fast. The support team is always helpful. The best option is Trading Central. The economic calendar and indicators allow me good analysis and make informed trading decisions.

Service
Value
Quality
Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Friedrich,

At ModMount Ltd we strive to provide the best service possible, and we're happy that you had a great experience with us. Thank you for the positive review!
You can find all additional information about Trading Central at the following link - https://www.modmountltd.com/en/trading-central.

If you need any help or have any suggestions, please don't hesitate to contact us.

ModMount Ltd

Thumbnail of user stevenm3145
1 review
0 helpful votes
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January 16th, 2024

Great broker, low spreads, no problems with executions or withdrawals. Also wanted to thank their Support team, they are always fast and helpful. Thank you guys, keep it up!

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Steven,

Thank you for your positive feedback! We're delighted to hear that you've had a great experience with us. Our team is committed to providing excellent service, and we appreciate your support. If you have any further questions or need assistance, feel free to reach out.

ModMount

Thumbnail of user pauln1432
1 review
0 helpful votes
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February 16th, 2024

Would like to thanks Nina for her insightful of FX and I have made my first profit in day one. Nina is very experienced and patient and today is my day five and hope I can learn more from her.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Paul,

Thank you for your positive review! We're thrilled to hear that Nina's insights have been valuable to your trading journey, and congratulations on making your first profit so quickly. Don't hesitate to reach out if you have any questions or need assistance along the way!

ModMount

Thumbnail of user williem638
1 review
0 helpful votes
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August 3rd, 2023

As a professional trader, I've been with many of the leading broker and banks for years, Modmount as I see is pretty new around the market and I find them as a great option! Why? Because they have diffrent account types... Gold really good. I dont like the customer support at all! If not this agent would give 5.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Willie,

Thank you for taking the time to review our platform!
Regarding your comment on our customer support team, we kindly ask you to contact us directly and share more about your experience so we can do our best to improve it -> support@modmountltd.com.

In ModMount Ltd, we strive to ensure the best possible customer experience, should you wish to share more about your experience.
Lastly, you are welcome to read more about our gold account, or the different accounts we offer on our website -> https://www.modmountltd.com/en/gold-trading-account

Best,
Modmount Ltd

Thumbnail of user juliec2364
1 review
0 helpful votes
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July 21st, 2023

I have been trading on Modmount for some time now and I am impressed. The agent team is very knowledgeable and patient even when I have a lot of questions. It provides trading tools and resources for traders of all levels. They have everything you need to trade. Better than other brokers for now.

Service
Value
Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Julie,

We appreciate your positive feedback and are happy that we met your expectations!

ModMount Ltd

Thumbnail of user jonathonn25
1 review
0 helpful votes
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January 10th, 2024

Fixed commissions on Pro account, adequate slippage during the news and scalping work fine with them. Everyone who really appreciates fair trading is in the right place here.

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Jonathon,

Thanks for your positive feedback! We're glad to hear you're satisfied with our services. If you ever have further comments or questions, feel free to reach out.

ModMount

Thumbnail of user oscart152
1 review
0 helpful votes
  • Send Message
January 7th, 2024

This is the best platform and very reliable. I recommend it to anyone. Sometimes the withdrawal can take some time, but i guess they are not a bank.

Service
Quality
Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Oscar,

We appreciate your time in sharing a positive review with us. Your suggestion has caught our attention, and we will certainly explore it further, as we are continuously seeking opportunities to enhance the services we offer to our customers.

ModMount

Thumbnail of user racpannathan
1 review
2 helpful votes
  • Send Message
May 27th, 2024

I have joined this modmount company due to some fake news that led me into their website. Been able to deposit last may 10,2024 and at the same day decided that i'll take my deposited money. And now their customersupport ( *******@modmountltd) says i cannot withdraw my cash deposit due to " By passed normal assignment procedure". I have screenshot of their request and responded accordingly. Easy to deposit but hard to take your money back. Not recommended thou

Thumbnail of user modmountl
Mod M. – ModMount Rep

Dear Racpan,

Note we have notified the relevant department regarding your comment and they will contact you as soon as possible.
If you wish you can contact our Support team directly at support@modmountltd.com.

ModMount

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From the business

Looking to take on the markets with confidence? Meet Modmount, the CFD broker made for traders who are aiming to take their trading skills to the next level.

CUSTOMIZABLE TRADING ACCOUNTS

With ever-changing global markets, it's essential for traders to be able to adapt to challenging conditions. That's why Modmount's customizable trading accounts offer instant access to CFDs in shares, forex, indices, commodities, and cryptos, allowing traders to delve deep into the markets.

EXPERTISE AND SUPPORT

What makes Modmount stand out? They understand the intricacies of the financial markets and can analyze complex data to help traders make informed decisions. Plus, with their dedicated customer support team, you'll always have the guidance and assistance you need.

FOR EVERY TRADER

Whether you're a seasoned pro or just starting out, Modmount has something for everyone. Choose from five customizable trading accounts, all designed to meet your specific needs. With a user-friendly trading platform and over 350 financial derivatives to diversify your portfolio, you'll be ready to experience even the most competitive market conditions.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Business History

Transforming the Trading Landscape: The Modmount Vision

Established with a passion to revolutionize online trading, Modmount is the go-to CFD broker for traders and investors worldwide who are seeking a secure and user-friendly trading experience. With a wide range of CFDs available, including forex, stocks, indices, commodities, and cryptocurrencies, Modmount caters to the trading needs of both novice and experienced traders. With an all-in-one trading platform, traders have access to the tools and resources they need to maximize their trading mindset.

Secure Trading Environment

At Modmount, we believe that the safety of our clients' funds and personal information is of utmost importance. That's why we have invested in advanced security technologies and 128-bit SSL encryption to create a secure and reliable foundation that protects our clients' interests at all times.

Stay Ahead of the Markets

In the fast-paced world of online trading, staying ahead of the markets is essential to success. With Modmount, you can roam the markets with confidence, backed by unparalleled support and guidance from experienced professionals in the industry. Don't just follow the markets, be a trendsetter with Modmount.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Company Representative

Thumbnail of user modmountl
Mod M.
Typically responds within 20 hours

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