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

Metaexness Review – Is metaexness.com Safe?

This review will help you make a decision about Metaexness because in as much as this broker is touting the best offers to potential clients, there’s a high risk of clients getting scammed.

Contents

About Metaexness

Metaexness is presented as a trading broker with real time execution and tight spread. The broker advertises flexible spreads from 0.0pips.

Metaexness also boasts of high leverage offering, deep pool liquidity and trading on the popular metatrader4 (MT4) platform. Their copy trading program is said to provide opportunity to automatically copy trades of successful traders so that you do not have to spend many hours to develop your own strategy.

There are 3 account types available for investment. minimum deposit starts from $10 with leverages extending up to 1:1000.

Metaexness Review

Should one trade with Metaexness?

Sadly, the truth is quite different as Metaexness broker does not appear to be regulated anywhere and basically bears all the hallmarks of a scam. Also the website is linked to another shady broker exposed in the past.

DID YOU KNOW: Traders can now protect their account from losing trade using AvaProtect. This complete unique advantage gives traders full protection against losses on any trade position of up to one million dollars. AvaProtect gives traders the ability to trade events without fear of unpredictable market movements. You will gain this unprecedented advantage when you sign-up with AvaTrade. From there, you can choose protection periods of 1, 3, 6, or 12 hours as well as 1- to 2-day periods. Profit when the market goes in your direction, and if the market moves against you, AvaTrade will pay back your losses! Protect your funds from runaway loses, make bigger trades - you can just undo it. No download is needed, no API needed, all you need is to sign- up with avatrade, fund your account with a minimum of $100, select AvaProtect from your dashboard and choose protection period anytime you want to open a trade. If market moves against you, AvaProtect will pay back your losses direct to your account balance. AvaProtect will reimburse you in full for any loss you may incur during the protected time period up to a million dollar! Never fear volatility - when you have AvaProtect. Get your money back!

Protect Your Trades Now

Breakdown

  • Aforementioned, Metaexness 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 Metaexness 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.
  • Metaexness says to be registered offshore in Marshall Island – something that does not make it a legitimate financial service provider. Nothing bad with an offshore a registration, if only the broker was licensed with one of the official financial regulators like the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) or the Australian Securities and Investments Commission (ASIC) – a license which Metaexness has not bothered to obtain.
  • 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.

The broker is claiming to offer Forex and crypto trading on the popular MT4 platform. They’re claiming to offer raw spreads across all accounts. In addition to this, Metaexness offers high leverages extending up to 1:1000.

Metaexness Accounts

Traders wanting to use the leverage offered by Metaexness should bear in mind the risks involved. Such leverages can lead to maximum profits but at the same can cause loss of all deposit within a very short time.

Is Metaexness Safe?

Metaexness is considered not safe, as it is completely anonymous and not regulated and licensed by top-tier financial authorities, like the CySEC in Europe, UK FCA, the Australian ASIC and the US CFTC. This is the first disqualifying factor that makes them unreliable like Skyam Invest Ltd, Infyfx and OrangeFX247.

Conclusion

Metaexness is a scam, you may have a bad experience with this broker, seeing that they don’t have any license or trust ratings yet.

Their numerous promotions are meant to entice unsuspecting victims into signing up and depositing more money into their rogue platform.

The truth is that brokers registered offshore lacks the capacity to accept clients internationally like Metaexness, not to mention that the local regulatory requirements hardly match those of major regulatory institutions like the FCA in the UK, ASIC in Australia or the Cyprus Securities and Exchange Commission (CySEC).

>>See The Best Forex Tools

Metaexness Broker

$10
3.2

Asset

4.0/10

Transparency

1.0/10

Platform

5.0/10

Registration/License

1.0/10

Minimum deposit

5.0/10

Pros

  • Low minimum deposit

Cons

  • unlicensed
  • Fake trading platorm
  • Bonus trap
  • scam broker

100% Verified Investment Services

BrokersFree DemoRegulationsMinimum DepositLink
YesCySEC$10
EtoroYesCySEC, FCA$200
Fusion MarketsYesASICAny Amount
XM BrokerYesCySEC, ASIC, FCA, IFSC$5
BDswissYesCySEC, US NFA, FSC$100

Leave a Comment

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