Review summary
Mega Spark TRADE, operating as Megasparktradetrading Ltd, is a financial entity registered in the United Kingdom and has been in operation for less than one year. The broker offers a tiered account structure with entry minimums ranging from $1,000 for a STARTER account to $10,000 for an ADVANCED account, with all account types supporting MetaTrader platforms, scalping, and Expert Advisors. A critical review of its regulatory standing reveals that the broker holds no valid, authoritative forex trading licenses from major financial authorities, which means client funds are not protected under any recognized compensation scheme and it operates without financial oversight. According to the WikiFX scoring system, the entity receives an extremely low overall score of 1.02 out of 10. In light of its unregulated status and very low operational score, engaging with this broker presents a significant level of risk for traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-07)
