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Score

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/10

MEGA TRADING FX

United States|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://megatradingfx.com/

Website

Rating Index

Contact

+1 (201)9955740
support@megatradingfx.com
https://megatradingfx.com/
200 West Jackson Blvd Suite 1400 Chicago, IL 60606

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
United States
Operating period
2-5 years
Company Name
MEGA TRADING FX
Abbreviation
MEGA TRADING FX
Company employee
--
Customer Service Email Address
support@megatradingfx.com
Company address
200 West Jackson Blvd Suite 1400 Chicago, IL 60606
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Review

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Official website

Website

  • megatradingfx.com

    Server Location

    United States

    Website Domain Name

    megatradingfx.com

    Server IP

    198.54.126.78

Company Summary

Basic Information
Registered Countries United States
Regulation No License
Company Name MEGA TRADING FX
Minimum Deposit $300
Maximum Leverage N/A
Minimum Spread N/A
Trading Platform Proprietary Trading Platform
Trading Assets FX Pairs/Metals/CFDs/ Cryptocurrencies
Payment Methods Bank Transfer, VISA, MasterCard, Bitcoin
Customer Support Telephone: +1 (201)9955740Email: support@megatradingfx.com

General Information

MEGA TRADING FX appears to be an online forex broker which was not established long, with an operating time of less than one year. Since its official website cannot be opened for now, we were struggle in getting a comprehensive picture of this broker.

When it comes to regulation, MEGA TRADING FX, disappointingly, does not hold any license to support its operation, and thats why WikiFX has given it a very low score of 1.23/10.

wikiscore

Account Types

MEGA TRADING FX appears to offer three types of trading accounts, namely Bronze, Silver, and Gold accounts. The minimum deposit specifies trading accounts. An initial deposit of $300, for instance, will send you to Bronze accounts. The Silver and Gold accounts asks for minimum deposits of $1500 and $2800, respectively. More account details are not disclosed.

Leverage

Trading leverage cannot be found anywhere, but many regulatory bodies, however, have established the following regulation regarding leverage: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Customer Support

If you have any inquiries or trading-related issues, you can reach this broker through the following contact channels:

Telephone: +1 (201)9955740

Email: support@megatradingfx.com

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
None No regulation
Insufficient company information
Poor customer support

Frequently Asked Questions

What trading instruments can I trade with on MEGA TRADING FX

Trading instruments offered by MEGA TRADING FX is not disclosed.

What account types does MEGA TRADING FX offer?

Three types of trading accounts are available, namely Bronze, Silver, and Gold.

How Can I contact MEGA TRADING FX?

MEGA TRADING FX can be contacted though telephone and email.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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