Mega Markets Review : Fees, Pros and Cons, Reviews by Real Traders

Mega Markets

Operating status: SCAM

Website: https://megamarkets.com/ https://megamarkets.com/help-centre https://megamarkets1.com/

Broker violations and abnormal records

Feb 22, 2023 The Belgium FSMA Added Mega Markets into Its Warnings
On 23 Feb 2023, the Belgium Financial Services and Markets Authority (FSMA) issued a warning that Mega Markets is a fraudulent online trading platforms that are operating in the Belgian market. You may visit: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms

On 23 Feb 2023, the Belgium Financial Services and Markets Authority (FSMA) issued a warning that Mega Markets is a fraudulent online trading platforms that are operating in the Belgian market. You may visit: https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms
Feb 23, 2023 BrokersView has reviewed that Mega Markets is an Unregulated Forex Broker
Mega Markets claims to be authorized in various jurisdictions around the world and is a reputable Forex & CFDs online broker, but does not state specifically in which countries or regulatory bodies the license is held.
Besides, Mega Markets shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to this broker in FCA.
More importantly, the Belgium Financial Services and Markets Authority (FSMA) warned that Mega Markets is a fraudulent online trading platform operating in the Belgian market. The truth is, Mega Markets is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

Mega Markets claims to be authorized in various jurisdictions around the world and is a reputable Forex & CFDs online broker, but does not state specifically in which countries or regulatory bodies the license is held.Besides, Mega Markets shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). However, we did not find any match results to this broker in FCA.More importantly, the Belgium Financial Services and Markets Authority (FSMA) warned that Mega Markets is a fraudulent online trading platform operating in the Belgian market. The truth is, Mega Markets is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
Apr 23, 2023 The UK regulator FCA issued a warning against Mega Markets
On April 24, 2023, the Financial Conduct Authority (FCA) issued a warning against Mega Markets, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/mega-markets

On April 24, 2023, the Financial Conduct Authority (FCA) issued a warning against Mega Markets, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/mega-markets

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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