ModMount Ltd 

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Rated 1 out of 5 stars

Modmount uses fake adverts to lure people seeking to invest in trading. They request minimum investment of US$250 to initiate trading. Once an account is created and funds deposited, they aggressively... See more

Company replied

Rated 1 out of 5 stars

I have been going at it all day with Hanan S from Modmount. He has been emailing me on fantastic offers and bonuses I could get if I joined back today and even compared themselves to Apple - hahahahah... See more

Company replied

Rated 5 out of 5 stars

I have made registration 5/6weeks ago. Initially I did deposit $250 to open an account and my account manager Haidar assist, help and advice me to invest in good assets. Upon his advice, I increase my... See more

Company replied

Rated 3 out of 5 stars

I’ve been trading with Modmount for a few weeks now, mainly on major forex pairs and gold. Execution speed is solid, especially during high-volume hours. I didn’t notice any major slippage, and spread... See more

Company replied

Company details

  1. Finance Broker

Written by the company

Modmount is a CFD broker made for traders who dare to take over the markets. The constantly changing global markets require traders to prove their confidence in challenging conditions. For this reason, Modmount’s customisable trading accounts offer clients instant access to CFDs in shares, forex, indices, commodities, and cryptos, enabling traders to reach every depth of the markets.                                                          ➟ A Trading Account Created to Meet Your Expectations                                                       What sets Modmount apart is their in-depth knowledge of the intricate workings of the financial markets and their ability to analyze and interpret complex data. With the professional and dedicated assistance provided by Modmount’s customer support, traders can navigate the dynamic landscape of financial markets and take their trading game to the next level.                                              ➟ Understanding what it Means to be a Beginner in Trading                                       Can Modmount offer both beginners and more experienced traders the opportunity to boost their skills in the markets?                                 5 customizable trading accounts that are made to suit every type of trader                          User-friendly trading platform for you to discover the markets                                   Diversify your portfolio with 350+ financial derivatives                                                  Modmount ensures that traders can confidently navigate highly competitive market conditions, enabling them to stay one step ahead of the competition. With Modmount's advanced trading tools and secure trading environment, you can achieve your trading objectives with ease and confidence, backed by unparalleled support and guidance from experienced professionals in the industry.


Contact info

Breach of guidelines

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Unhappy and disappointed with the response

According to the the response of ACC332135, it stated that the reason I couldn't receive my withdrawal was due to my on going open positions. If that is the case, why Modmount Ltd didn't inform me in the first place. Modmount Ltd took so many days to reply my request where the app stated 24 hrs. Disappointed friend.

February 19, 2025
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Wei,

Thank you for sharing your feedback. Someone from our team will contact you shortly to assist you. Your satisfaction is important to us, and we are committed to resolving this matter as quickly as possible.

ModMount

Rated 1 out of 5 stars

SCAM, took all my money

They widraw all the money that I had without my consent and charged me multiple time to my credit card.

DO NOT TRUST, THIS IS A SCAM

Update:
I have reached out via the email I used, hope you now respond to my email...

February 21, 2025
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear David,

Thank you for your review. However, we were unable to locate your trading account based on the information provided. To assist you accordingly, we kindly ask you to reach out directly to us via
support@modmountltd.com and provide your trading details. This will allow us to investigate and support you better.

ModMount

Rated 1 out of 5 stars

Disappointed with the service

After signing up with the website and deposited 250usd, a senior account manager contacted me advising I need to made an additional deposit of 250usd in order to make a significant gain. After discussing the investment with my spouse, I agreed to withdraw 200usd, its now 6 days and my withdrawal was not approved.

February 4, 2025
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Neela,

Thank you for your detailed feedback. We have immediately notified the relevant department about your concerns, and they will be in touch with you shortly to address the issues you've raised. We take such matters seriously and are committed to resolving them promptly. If you have any further questions or need additional assistance, please don’t hesitate to reach out.

ModMount

Rated 3 out of 5 stars

I initially had concerns about joining…

I initially had concerns about joining a new broker, but they exceeded my expectations. Their transparency on fees and clear communication are worth mentioning. Withdrawal times are reasonable, though there's room for improvement in user support during high-traffic hours

February 8, 2025
ModMount Ltd logo

Reply from ModMount Ltd

Dear Ankit,

Thank you for your kind words! We’re glad we could exceed your expectations. Your feedback on support hours during high traffic is noted, and we’ll work on enhancing the service.

ModMount

Rated 1 out of 5 stars

Scam!!

Scam!!
First off the article that encouraged me to try this was later confirmed as an AI fake using real peoples names in my community. Also when I had contacted them about it they acted like they don't have control over their advertising agency. Nevertheless, I figured I would try it. I am the type of person who has to know everything and wanted to be taught. At first it appeared legit and they were kind for about two sessions lol! I was setup with Ata at first, their was music playing in the background like it was someone's garage that they were calling from it was strange, nevertheless. Despite having challenges understanding the dialect, I push forward and had to request several times for them to turn the crazy music down in the background. Anyway the short of it is, they had missed several appointment times with bs excuse as to why they couldn't be there, they explained in a short rush hoe to make positions during a big event to which I lost a lot!! After being up alot because they failed to give me a better strategy for closing, which I now know from experience with others. They begged me to add more money and not just a little but a substantial amount. In the end I was pushed off to several different senior brokers each more shady then the next. The last guy Merve took the cake and was a right a**hole narcissist. He was totally out of line the way to talked to. Me and I had to get a bit aggressive to tell him to shut up and listen to me. It was an utter disappointment to him when I exclaimed the cash flow is gone and I was simply experimenting with their platform before investing more money. So glad I did, he finally got the point. At this point I had only had approx $80 left and turned out I made more when I didn't take their advice and followed my own except for the end which was completely my fault as I left a risky position which Iwas fine with but anyway didn't get back to the PC in time to salvage some of the money so I had less than a dollar left. I wish it ended there. Instead it took me over three months to finally get them to close my account and delete my info after they would repeatedly harasses and ask me to put more into the account as if no history with the customer was recorded, I felt like it was groundhog day. Each time asking them to stop calling and delete my account!! What a horrible experience pleas e forget this company it is crazy shady and try others that are more reputable. The irony is I remember later looking up on trust pilot for their reviews and it 1.3stars or something like that less than 2. And now it has climbed, I'm sure it is not though legitimate customers. BEWARE!!! I am using IBKR and the experience is professional!

November 1, 2024
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Hello,

Thank you for reaching out to us. However, we were unable to look into your case as we did not receive your trading account name. In order for us to internally investigate this matter, please reach out to us directly via email
support@modmountltd.com and provide us with your trading number.

We appreciate your cooperation and look forward to resolving this issue for you.

ModMount

Rated 1 out of 5 stars

Modmount-The biggest Scammer

I, Kudipady Kunhi Ahammad opened a trading account on 11th September 2024 by making an initial payment of usd 250. My trading account is 169290. They showed me big profit and when I requested for the withdrawal of the profit, Their financial department didn’t approve it and pressurized for deposits and it went up to usd 7250. They are scammers and manipulate the positions to show more profits in order to encourage to make more deposits and eat up big amounts. Now when I recalled the deposits through my bank, they credited only usd 1190 and balance of usd 6060 remains. I have initiated legal proceedings against this so called Trading platform Modmount. I take this opportunity to educate all the viewers and all those in active in Social media to beware of this scammers. Please don’t fall victim to this platform. I also call upon the government of Seychelles to cancel their license and put them behind bars.

September 11, 2024
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Kudipady,

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

Rated 1 out of 5 stars

Stay away from this scam

I would not like to even rate it with one star. All their promotions are fake and it is nothing but a scam. The agents are only interested in getting you to put in more money - no support that is promised many times.

February 1, 2025
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Sangeetha,

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

You can contact us directly if you wish via: https://www.modmountltd.com/en/contactus

Please note, that ModMount is a fully regulated company which you are welcome to read more about on our website: https://www.modmountltd.com/en/legal

ModMount

Rated 1 out of 5 stars

total scamI …

I already wrote a review but I could not add the last point. when modmount called me today, they said they would pay out the lost 170 someting dollars, provided I signed a form and removed the trustpilot negative review. is that even legal?
it's a total scam! I am still sorry for being unable to remove the last star! how many negative reviews could they suppress like that? I am not that corrupt that I let other people being scammed fore some 170 dollars recompensation!!!
now you tell me I should contact you? What for, to lose more time?

February 6, 2025
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Juan,

We wish to verify that you are in ongoing communication with our Complaints department. If you have any comments or concerns, please reach out to them directly at support@modmountltd.com.

Thank you,
ModMount

Rated 1 out of 5 stars

THIS IS A SCAM

THIS IS A SCAM
I UPLOADED DOCUMENTS OF MY ID AND CARD AND THEY REFUSE TO DELETE THEM OFF THE APP AS I CANT DO IT MYSELF BECAUSE IT HAS NO OPTION TO DO SO.
PLEASE DO NOTT INVEST OR PUT ANY TYPE OF MONEY IN THIS WEBSITE MODMOUNT.

SAVING YOU FROM LOSING MONEY LIKE I DID ALSO WHEN I WAS ON THE PHONE WITH ONE OPERATOR WHO WAS “helping” ME I MADE A DEPOSIT OF 500$USD AND I HEARD CLAPPING IN THE BACKGROUND SOON AS THE DEPOSIT HIT.

January 29, 2025
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Tommy,

Thank you for reaching out to us. However, we were unable to look into your case as we did not receive your trading account name. In order for us to internally investigate this matter, please contact us directly via email support@modmountltd.com, or phone
+2484632002 letting us know your trading account number so that we can assist you properly.

We remain committed to resolving this matter for you as quickly as possible.

ModMount

Rated 1 out of 5 stars

unfortunately I could not put 0 stars

unfortunately I could not put 0 stars. too risky for your money and it takes too long to get your money back. too many useless emails and no explaining of the investment principles. the only aim of the discussions is to invest more money. it should be illegal! they sent me my new password printd out by email! red flags! I finally got paid out after liquidating all my assets with losses, otherwise they would not pay me out. they contacted me but gave no further insights.

January 24, 2025
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Hans,

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

You can contact us directly if you wish via: https://www.modmountltd.com/en/contactus

ModMount

Rated 1 out of 5 stars

It was so urriblem when so call huhamed…

It was so urriblem when so call huhamed was arrasing me to increase my capital. he so rude and on professional telling me to sort out money anywhere and add to my capital. This is why I iniciate witradwar but my money haven't been transferred to me yet. I need the support team to look in to this.
Thanks okunade oluwagbenga shola

January 13, 2025
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Okunade,

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

You can contact us directly if you wish via: https://www.modmountltd.com/en/contactus

ModMount

Rated 1 out of 5 stars

Not Recommended

Out of personal experience, never invest there if you rely on their advice and analysis!

October 1, 2024
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Dubai,

We are unable to locate your trading account with the provided information, so we kindly ask you to send us your account details to locate your account and assist you.

You can contact us directly if you wish via: https://www.modmountltd.com/en/contactus

ModMount

Rated 1 out of 5 stars

Untrustworthy and cheaters

The worst company in the world! They took my deposit plus my profit. They refused to reply to my email and pretend nothing happened. Totally cannot be trusted. Don't ever be fooled by them!

July 13, 2024
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Alvin,

Thank you for reaching out to us. However, we were unable to look into your case as we did not receive your trading account name. In order for us to internally investigate this matter, please contact us directly via email support@modmountltd.com letting us know your trading account number so that we can assist you properly.

We remain committed to resolving this matter for you as quickly as possible.

ModMount

Rated 1 out of 5 stars

Do not get involved with this business

I responded to an ad I saw on FB to request further information on their offerings. I was sent an application form to complete still assuming it was to provide me with further information. I then received a call from someone saying they would talk me through the application process and assist me to set up my account on their app. I immediately stated that I was only making an enquiry and was not going to be rushed into making a decision as to whether I wanted to proceed. The agent was very friendly and assured me that there was no pressure. After the call I received calls, sometimes 3 or 4 a day trying to get me to make my first deposit. After a week I emailed in response to a messaged I had received from the account manager advising that I didn't want to pursue matters and to cancel my account. I still continued to receive numerous calls from them every day until on Christmas day evening at approximately 8pm I answered an unidentified number and the account manager started shouting at me and demanding that I explain why I didn't want to continue. I very politely said I didn't need to explain myself it was my decision but he kept on and on telling me I had to tell him. Then he said I needed to pay €250 to cancel the account. He became increasingly loud and was very rude. I simply said there was no way I was giving him a penny as I had not committed myself to anything. He was extremely rude to me so I just hung up. I followed up immediately by email saying I wanted my account closing immediately and that I didn't appreciate being badgered on Christmas day by a rude account manager. Do not get involved with this business. I would hate to think how things would end up had I paid them any money.

December 25, 2024
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Kim,

Thank you for your detailed feedback. We have immediately notified the relevant department about your concerns, and they will be in touch with you shortly to address the issues you've raised. We take such matters seriously and are committed to resolving them promptly. If you have any further questions or need additional assistance, please don’t hesitate to reach out.

ModMount

Rated 1 out of 5 stars

ModMount is a SCAM PLATFORM

MODMOUNT IS NOT REGISTERED to take our money.
This company keeps using different numbers to call you. When you asked them why numbers different and why cannot see their real face in Zoom, they will give you excuses saying that they are calling from company phones and using company computers. Their numbers started with +44 XXXX XXXXXX (United Kingdom), +91 XXXXX XXXXX (India), 6XXX XXXX. Beware!
I have received calls from +44 7944 231842, +44 7701 421245, +91 94605 83161, 6035 1804, and a lot more.
They keep contacting you almost everyday and ask you to Zoom call with them, share screen with them and pretend to guide you genuinely and professionally on how to start using their platform to invest.
Slowly later, after days and months, you will kind of know a little bit on how to invest yourself using their platform and could have made some profits from some Closed Positions. (You can click on HISTORY at the bottom to check your profit/ loss record for Last 24h, Last 7 days, Last 30 days and Last 365 days).
All your sweet small profits you have seen on the platform will soon turn into a disaster. In fact, you may have successfully withdrawn and received some money in your credit card or bank account.
However, good days never last. They made you opened a lot of positions, and they are unable to be closed for many days, you will see your SWAP (fee) keep increasing day by day. Until somehow the SWAP keeps rolling bigger, because of all your pending positions, you can see your profit is in negative red figure, they will tell you it is not a loss but current market trend is going opposite directions than what you have opened in the Position), until one point after long wait and your positions still not closing, they will tell you your Margin Level is at very low side (a.k.a. below 200%), you now need to top up fund to support your positions, or else there will be Margin Call.
Also, one suspicious thing is when you want to withdraw your Available Funds, they will say it will affect your FREE FUNDS and lower your MARGIN LEVEL. Even if you were able to withdraw, it is just a very small sum of money, e.g. US$1,000 once in a while, versus your capital of US$50,000.

My Trading Account No. is 14591X. All my money has gone in less than 3 months. From US$53,000, it has now become 0! This is a real experience from me, started from 17 Aug until today (6 Nov). The 2 scammers whose fake name were Rehana & Melvin, your life will be no better off every single day from now onwards, because Evil will be punished!

All the positive reviews here is from India, they have been paid to write good things about ModMount.
So TrustPilot, please be smart, double check and do not remove my genuine review. This company should be blacklisted and warned in every country because it is indeed a real scammer. Do not let more and more innocent people to fall into their trap. They have scammed my money, my hard-earned money, totalling about US$53,000. This is the worst lesson I learnt in my life!

November 6, 2024
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Hui,

Our complaints department has been actively trying to reach you by both phone and email, but we have not yet received a response. Please kindly check your emails and get back to us at your earliest convenience so that we can assist you further and address your concerns as quickly as possible.
We're here to help, and your cooperation will allow us to resolve the matter efficiently.

ModMount

Rated 1 out of 5 stars

STOP YOUR MODMOUNT DEAL FROM THIS SECOND ONWARDS!

I put 0 star for MODMOUNT.

Hey everyone who is trying to survey or check on ModMount at this moment, I believe you have been a victim or soon to be a victim!

I urge you right now, instantly, at this second,

RIGHT AWAY, NOW, STOP DEALING WITH MODMOUNT!

STOP TALKING TO THEM ANYMORE.

DO NOT TRUST ON ANY SINGLE WORD THEY HAVE TOLD YOU ABOUT THE PROFIT THAT YOU HAVE EARNED OR YOU MIGHT HAVE EARNED IN FUTURE.

BECAUSE THAT IS JUST A VERY SMALL "UNREALIZED"(FAKE) MONEY PROFIT COMPARED TO THE BIGGER LUMP SUM MONEY THAT THEY ARE GOING TO SCAM YOU LURE YOUR TO DEPOSIT INTO THEIR PLATFORM!

If you want to know more about my real life story, feel free to approach me. I am very willing to share in full my recent experience with you.

AGAIN, a sincere warning to you all:

EITHER YOU FLUNK YOUR LIFE or
WE ALL TOGETHER CAN MAKE MODMOUNT FLUNK THEIR SCAMMER PLATFORM!

November 6, 2024
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Donald,

Thank you for sharing your thoughts with us. Unfortunately, we were unable to locate your trading account in our system. To help us address your concerns, we kindly ask that you reach out to us directly at support@modmountltd.com with your account details. Your feedback is important to us, and we are committed to ensuring clarity in all communications.

ModMount

Rated 5 out of 5 stars

I have tried out numerous trading apps…

I have tried out numerous trading apps and no many have been able to meet my requirements. All I really need is a stable trading venue to execute my trades and for those purposes they are working excelently. The mobile application is super helpful in my day to day monitoring. Keep up the great work guys!

August 7, 2024
ModMount Ltd logo

Reply from ModMount Ltd

Dear Shilpa,

Thank you for your feedback! We're glad to hear that you find ModMount to be a stable trading venue that meets your requirements. It's great to know that our mobile application is helpful for your daily monitoring. If you need any assistance, feel free to reach out to us anytime!

ModMount

Rated 5 out of 5 stars

I have made registration 5/6weeks ago

I have made registration 5/6weeks ago. Initially I did deposit $250 to open an account and my account manager Haidar assist, help and advice me to invest in good assets. Upon his advice, I increase my deposit to $11,500/- and so far I have made $7,700/- profit including $830/- withdrawal which I already received. Even though it takes 2 to 3 days time to be reflected in my bank account. He also explain about margin level, free fund and exposure. Thanks, definitely will recommend this platform.

October 26, 2024
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Hussin,

Thank you for sharing your positive experience! We’re thrilled to hear that our team has been able to assist you effectively and that you've seen such great results. If you have any questions or need further assistance, please don't hesitate to reach out—we're here to help!

ModMount

Rated 5 out of 5 stars

By accident I opened a position with…

By accident I opened a position with another trading paiir. luckily i made money like that. I feel like this is meant to be after that haha. Lucky me hopefully soon we will be able to go after more profits!

October 3, 2024
ModMount Ltd logo

Reply from ModMount Ltd

Dear Palvisha,

Thank you so much for your positive review! We're thrilled to hear you’re happy with our service. Please feel free to reach out anytime if there's anything more we can assist you with!

ModMount

Rated 1 out of 5 stars

Modmount is a SCAM

Modmount is a SCAM. They prey on vulnerable elderly people. Tried calling back the phone numbers they call from and they are all spoofing numbers! One number we called back was a small business owner in Pahang who had no idea who ModMount Services Ltd and Solutionsque Ltd were. We have tracked the calls and they all go back to India not Malaysia where we are based. Hence all the positive reviews are from India. They scammed my elderly parents of all their life savings. Beware!! We have reported these company's to Seychells FSA. The Malaysia police authorities have also been notified and sent out a warning to the public about these companies. Trustpilot please acknowledge these companies are SCAMMERS and do the ethical thing and let the Trustpilot community know.

Update 26/10/24: please see IOSCO website warning of Modmount being an unlicensed company. Also updated on Securities Commission Malaysia on the - Investor alert list.

Modmount's reply has said my parents was not a customer. Please do not believe any of their false replies. This is my parents customer number: 86934. Do not fall for their trap. They will try and take the truth down. The more we put our experiences on trustpilot we get to shut this evil scammer company off the face of this world.

July 19, 2024
Unprompted review
ModMount Ltd logo

Reply from ModMount Ltd

Dear Iramos,

Thank you for your review. We’re committed to ensuring our clients’ satisfaction and are eager to assist you further. However, we couldn't locate your parent trading account with the information provided. Please reach out to us directly at support@modmountltd.com so we can promptly address your concerns and provide any necessary support.

ModMount

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