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MY MAA MARKETS is a regulated broker by the Financial Services Commission of Mauritius, but I would approach it cautiously due to its offshore regulatory status. While it is legitimate in the sense that it holds a license, offshore regulation generally provides fewer protections compared to stricter authorities like the FCA or CySEC. From my perspective, if you are someone who values strong investor protection and clear recourse in case things go wrong, you might want to reconsider or at least be extra careful when trading with an offshore broker. In terms of legitimacy, the broker seems fine, but as an experienced trader myself, I would definitely weigh the pros and cons before opening an account, especially considering the potential challenges with dispute resolution and regulation enforcement.