MegaTradeFX is a Forex brokerage based in the Marshall Islands. It provides а web-based trading platform, not the MT4 trading terminal, and extremely generous leverage of up to 1:200.
Is MegaTradeFX Legit?
MegaTradeFX is an unregulated broker. It has not got a license from any financial regulatory body and this raises a big red flag. As per our information, dealing with such a broker for any purpose is not at all recommended. Moreover, the broker has not provided any information on its website which proves it to be a big scam.
Is It Safe To Invest With MegaTradeFX?
During our investigation of MegaTradeFX reviews, we have realized that many investors have given negative feedback against it. Once the money is credited to its account, it stops responding to the queries. Moreover, it has used paid testimonials to prove its legitimacy. Hence, we suggest you not to get engaged with this broker.
How To Recover Your Scammed Money From MegaTradeFX?
If you have been a victim of a scam by MegaTradeFX, you can file a complaint against it to us. We will take all the measured steps to get your money back.