Share on Facebook, share on Google, mMA Forex is the registered company in UAE / Dubai specializing in providing services for online Forex trading in Dubai and UAE. Reportedly, Dubai MMA Forex scam is now back in business and is ready to onboard clients after the long break. Some of the features of online forex software platform provided by MMA forex are as follows. This is a message for all those who are trying to me over, or all those who wish to vandalise. UAE officials have arrested copy live forex trading tips the Pakistani businessman in relation to the Ponzi investment scheme that has failed. I may not able to recover my investment, but I can at least draw consolation from the fact that justice has been served, said a Sharjah-based Indian mother of two, who lost Dh45,000.
I was expecting a harsher sentence, said a Pakistani executive, leading an online group of aggrieved investors. A Dubai-based Filipino who took a Dh100,000 bank loan to invest in MMA Forex said: Its a big victory. Not interested in MMA Forex if mma forex uae you are still bit unsure and wants to invest in forex with reputed company based in United States then m suggests that you should look @ Etoro trade. Let us know in the comments section below. The bubble finally burst when the UAE authorities cracked down on MMA Forexs Mai Tower office in Al Nahda early this year. The online reports have been stating that the freshly reopened firm is claiming that it is a corporation that runs an airline, a bank, and some other operations: As we were ushered into a conference room, promotional. Its got what it deserved. According to the General Manager of MMA Group, Zubair Ahmad: "MMA Forex has never been part of the MMA Group. Metatrader Account, autoTrader Account, for more information about doing business with MMA forex trading in Dubai and UAE, please visit t, price for MMA online Forex trading platform : Not available, please use the contact form to know the pricing of the product. In addition, the MMA Forex has been promising to double the investments via Forex trading operations. What do we know? Dubai: MMA groups CEO Malik Noureed Awan, 28, has been sentenced to two years in jail on charges of fraud.
Initially, MMA tried to allay the fears of panicky investors by claiming they would pay everyone as they were a conglomerate that ran an airline, a bank and other businesses. It will bring closure to the trauma we have gone through mma forex uae in the past few weeks. He will have to fight one protracted legal battle after another, he added. Its just a matter of time, once my time comes I will bring you all down, the post said. In 2012 the company shut down, and it will not reopen until the liabilities of the former clients will be refunded. On its part, the MMA Group tried to play down the verdict.
However, when we mma forex uae reached out to the officials of the MMA Group, we got a completely different answer. However, the scheme has failed and, when the UAE authorities have inspected the offices of the firm. Forex Auto Trading, zuluTrade, there are two types of account that can be opened for online forex trading in Dubai and UAE, these are. Also, there is no intention to reopen MMA Forex. Currently, we are trying to facilitate the payments back to the affected clients.". So, let the time come you all will have to pay for all the bad things you planned for.
The report is also highlighting that the firm does not possess any license to provide investment services in mma forex uae the country. There is still a long way to go because our group members have filed a slew of cases against Awan to ensure he remains in jail. On October 30, a Dubai court delivered the guilty verdict against the Dubai-raised Pakistani businessman, who was arrested in April this year after his Ponzi-like investment scheme collapsed spectacularly and left behind a long trail of devastated investors. Users misusing the system or found sending more than this maximum limit in a day is in violation of our terms and conditions and may subsequently be banned. You better start counting your good days because they will be over once my investigation is done. Note: There are other forex trading platform as well online which you can get support 24 X 7 and in much cheaper price (they are mostly mentioned in our advertisements and other articles related to Forex in Dubai and UAE). MMA forex is a regulated Forex broker, dedicated to providing its clients with tailor-made trading solutions, regardless of prior knowledge or experience. I will not let you destroy me or my business anymore. Before long, scores of investors trooped to Al Ghusais police station demanding MMA return their money. Location of Main office : Office No 1,102, 11th Floor, Mai Tower, Amman Road, Al Nahda. 16 May, AtoZForex, back in October 2013, MMA Forex CEO Malik Noureed Awan has received a guilty verdict from a Dubai court. Think we missed something? The CEO of MMA Forex happens to be the father of one of our directors.
Many investors, however, didnt seem pleased with the verdict. At MMA forex, you can begin trading immediately on powerful platforms such as mmatrader, or let experts trade for you on one of our several automated trading solutions, such as Signal Traders automated trading signals and ZuluTrade. Online reports state that the firm has no license to operate in the country. Contact Number:, provides Online trading platform which acts as dashboard for gathering latest forex news, latest currency rates and provides a framework / platform where one can do forex trading. On the website provides a platform for testing purposes where one individual is provided with 100,000 dollar of test currency in which he/ she can deal. We revealed that MMA Airline exists only on paper and has no licence to operate commercial flights. New in UAE market but one of the famous forex brokers in Dubai and UAE. Share on Facebook, share on Google. How is MMA Forex related to MMA Group?
Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ m, nor should they be attributed to AtoZMarkets. We will update you on the details of the case, as soon as the new information will be available. Some of the reports were stating that MMA Forex is the daughter company of the MMA Group. The local media of Gulf is concerned about how the old scams operators are able to start the business all over again. The case will soon be dismissed, the SMS read.
On Monday, it sent en masse SMSes to investors saying the judgment is one-sided and that it will appeal against it in a higher court. Details of the verdict are not yet known but investors who mma forex uae put their hard-earned money into the companys dubious online foreign exchange trading arm, MMA Forex, have hailed the verdict. Allegedly, the firm has been telling the traders that it requires a minimum investment of 300. Our investigation found that mmabank GT, which is essentially a general trading company, is listed by various countries under firms one should avoid doing business with and MMA Forex is not even listed with the Dubai government or the UAE Central Bank. Current Forex Customer Database is approx 100,000 (via their website). The Forex platform provided by MMA is called mmatrader. Back at the time of the Ponzi scheme, a number of UAE traders have invested money with MMA Forex. But his official Facebook page toed a different line.
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