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Mega Tradevest

Broker violations and abnormal records
  • May 09, 2023 The UK regulator FCA issued a warning against Mega Tradevest

    On May 10, 2023, the Financial Conduct Authority (FCA) issued a warning against Mega Tradevest, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/mega-tradevest

    On May 10, 2023, the Financial Conduct Authority (FCA) issued a warning against Mega Tradevest, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/mega-tradevest
  • May 10, 2023 BrokersView has reviewed that Mega Tradevest is an unregulated broker

    Mega Tradevest claims to be registered with the Companies House (CH) under company number 02789650. However, we verified this number on the CH website and found it belongs to another company. This means Mega Tradevest is using details of the other genuine firm to appear legitimate. In addition, brokers operating in the UK, as required by law, must obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors and offering financial services or products. But the FCA has issued a warning against this broker, announcing its illegitimacy in the financial markets.

    In essence, Mega Tradevest is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Mega Tradevest claims to be registered with the Companies House (CH) under company number 02789650. However, we verified this number on the CH website and found it belongs to another company. This means Mega Tradevest is using details of the other genuine firm to appear legitimate. In addition, brokers operating in the UK, as required by law, must obtain authorization from the Financial Conduct Authority (FCA) before soliciting investors and offering financial services or products. But the FCA has issued a warning against this broker, announcing its illegitimacy in the financial markets.In essence, Mega Tradevest is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

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