WallStreet Forex Robot 3.0
PF Win More Trade - Try For Free

FX Mega Trade Review – is fxmegatrade.com SAFE?

In this FX Mega Trade review, we give you reasons why the broker is a scam that you should avoid. If you are looking to find out either is fxmegatrade.com scam or genuine before you invest in this company, then you made the right decision.

Contents

About FX Mega Trade

FX Mega Trade says to be founded in 2021, with the primary mission to empower people to trade with confidence. The want us to believe that they are a licensed and award-winning broker with strong core strong core values of integrity and innovation.

The broker offers short term trades on Stocks, Currencies, Indices, and Commodities. Minimum deposit allowed is $200.

FX Mega Trade Review

FX Mega Trade claims to have over 15+ global awards with responsibility to offer top notch services to all their traders.

Should you trust FX Mega Trade?

Our background analysis of FX Mega Trade clearly showed that it is a scam that you have to stay away from. It is a fraudulent trading platform that will disappear with people’s money. And it certainly is not registered nor authorized.

🌟 Are you ready to revolutionize your trading game? With an incredible 93% winning track record verified on Myfxbook accounts, Forex Fury is not just another trading robot; it's your path to consistent success in the forex market. Forex Fury is the #1 choice automated trading across respected platforms. Whether you prefer low, medium, or high-risk strategies, the robot empowers you to trade your way. Diversify your portfolio effortlessly! Forex Fury is not limited to forex pairs; it's your ticket to trading indices and cryptocurrencies too. No matter your choice of broker, it is ready to work seamlessly with ALL MT4/MT5 trading brokers. The team behind the robot takes transparency seriously. You can explore a range of live and demo accounts, all fully verified by third-party service Myfxbook. See the true power of the software for yourself! Don't miss out on the opportunity of a lifetime! Forex Fury is your key to unlocking the door to financial success. Join today and start winning with the pros!

Get Started Now

Fake license

Our analysis starts with the claim that FX Mega Trade is registered and licensed by ASIC in Australia. Seriously it is not.

FXMegaTrade Scam

When we checked on the official registry of ASIC, we saw that there is no FXMegaTrade company registered by the organization, see below.

Which means that FX Mega Trade faked documents on its official website. We cannot trust FX Mega Trade. Their investment offer is illegal, because it is not authorized by the financial regulator.

Faking of license in order to appear legitimate is a huge red flag. This alone makes it a very dangerous trading platform that everybody should avoid.

Unregulated Scam Site

  • FX Mega Trade is unregulated as they should be regulated if they want to target customers on regulated markets like the European Union, including the UK.
  • Unlicensed brokers like FX Mega Trade do not have to report to a governing body. This means that if they scam you in any way, whether it be “glitches” or “malfunctions” causing server slippage in their system, or you go to make a withdrawal and they don’t process it (steal your money), you are out of luck. Beyond posting a bad review online, there is little you can do because these brokers have no legal authority to answer to.
  • Bear in mind that unregulated brokers in general are completely uncountable for the way they handle your money, which makes any dealings with such entities extremely risky. Basically that is how people usually get scammed.

Is FX Mega Trade Safe?

FX Mega Trade is considered not safe, as it is not regulated and licensed by top-tier financial authorities, like the CySEC in Europe, UK FCA, the Australian ASIC, FSC in South Africa and the US CFTC.

The easiest way to check if a broker is licensed is by looking it up in the registry of the respective financial regulator – be it the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission, the Financial Sector Conduct Authority (FSCA). All of them keep such registers and they are publicly available.

FX Mega Trade is an unauthorized and illegal broker. Deposits with this broker are not protected, the company can’t legally offer its services in almost any country. It is a total scam.

How FX Mega Trade works?

It is risky trading with an unregulated broker like FX Mega Trade, as most of them turn out to be scams. Problem starts immediately you make a deposit to a scam platform. They will use many tactics to make you deposit more.

Scammers will take deposits from you but never let you withdraw anything, because these brokers often present silly legal documents and conditions that is out of the question as far as legit brokers are concerned. But it will just be a lie to get more money from you.

FX Mega Trade will request that you send them more money while declining all your efforts to withdraw your deposits.

At this point, most people will realize that they have fallen victim to a classical Forex trading scam.

Conclusion

FX Mega Trade is a brutal scam that is not registered nor authorized anywhere. They are faking license in order to deceive as much unsuspecting individual as possible.

The scam will disappear in a very short time. Stay away from it.

>>For the best cryptocurency strategies that guaranty profit margin every month, Click Here.

FXMegaTrade Brokerage

$200
0.9

Asset

3.0/10

Transparency

0.5/10

Trading Platform

0.2/10

Registration/License

0.5/10

Deposit & Withdrawal

0.1/10

Pros

  • Website

Cons

  • Unregulated
  • Fake license
  • Unverifiable awards
  • Fake customer reviews
  • Big scam

Leave a Comment

Your email address will not be published. Required fields are marked *