Score
MEGA TRADING FX
United States|2-5 years| https://megatradingfx.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United States
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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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.
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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