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/10

MEGA TRADING FX

United States United States | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://megatradingfx.com/

Website

Rating Index

Contact

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

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United States
Operating Period
2-5 years
Company Name
MEGA TRADING FX
Email
support@megatradingfx.com
Contact Number
+12019955740
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • megatradingfx.com
    198.54.126.78
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review 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.

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is MEGA TRADING FX safe and reliable?

No. MEGA TRADING FX exhibits an exceptionally high-risk profile. According to WikiFX data, the broker holds an exceptionally low score of 1.48 out of 10, one of the lowest possible ratings. This score reflects a severe deficiency in regulatory credibility and operational reliability. The broker operates without any formal financial regulation, meaning client funds are not protected by any compensation scheme or segregated account rules. The combination of no oversight and public user concerns makes it a highly unreliable entity for trading.

04-07
United States

Is MEGA TRADING FX regulated?

No. MEGA TRADING FX is not a regulated broker. Our verification shows it does not hold any valid forex trading licenses from recognized authorities such as the FCA, ASIC, or CySEC. The broker is registered in the United States but is notably not a member of the National Futures Association (NFA) or regulated by the Commodity Futures Trading Commission (CFTC), which are required for legal forex brokerage operations in the U.S. It operates entirely without credible financial oversight.

04-07
United States

What is the minimum deposit of MEGA TRADING FX?

MEGA TRADING FX offers a tiered account structure with varying minimum deposit requirements. The Bronze account requires a minimum deposit of $300, the Silver account requires $1,500, and the Gold account requires $2,800. It is uncommon for an unregulated entity to set entry barriers this high, which can be a significant point of exposure for potential investors.

04-07
United States

Does MEGA TRADING FX support MT4 or MT5?

The trading platform information for MEGA TRADING FX is not explicitly disclosed. While the broker's accounts list features like support for Expert Advisors (EAs), which are typically associated with the MetaTrader platforms, the specific software (MT4/MT5) is not confirmed. The absence of clear platform information adds to the overall opacity of its service offering.

04-07
United States
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